Machinery Breakdown definition

Machinery Breakdown means a sudden and accidental breakdown of an Object, or part thereof, that necessitates repair or replacement of the Object or part thereof.
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Machinery Breakdown means unforeseen and sudden destruction or damage to any plant and machinery at the Demised Premises resulting from breakdown including destruction or damage caused by explosion due to force of internal steam gas or fluid pressure from any accidental cause while such plant and machinery is at work;
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Machinery Breakdown means a probable event that consists in failure/breakdown or loss of insured machinery (parts of insured machinery) as a result of impact of internal or external factors on them, which is sudden and unforeseeable for the Insured/Beneficiary, including defects in cast and materials, design, manufacturing and installation errors, servicing errors, negligence of maintenance staff, shortage of water in boilers, physical explosion, rupture as a result of impact of centrifugal forces, short circuit, storm, frost, ice drift and other reasons (except for the below exclusions), upon occurrence of which the Insured/Beneficiary may incur unpredictable costs of restoration or replacement of the failed/lost machine. Unless otherwise provided by the Insurance Contract, the following shall not be regarded as machinery failure/breakdown: - soft failures; - degradation failures; - resource failures; - failures eliminated by adjustment or fine-tuning and also by software re-installation or replacement.
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Examples of Machinery Breakdown in a sentence

  • Coverage: Shall insure against loss of revenue due to loss of capacity and/or loss of output as a direct consequence of loss or damage to the Facility caused by a peril insured under Machinery Breakdown insurance.

  • Provided that this shall not apply to claims arising from loss or Damage claimable under the optional benefit “Deterioration of Stock” under Machinery Breakdown Section.

  • Provided that this shall not apply to claims arising from loss or Damage claimable under the Optional Benefit of Section Nine – Machinery Breakdown.

  • Machinery Breakdown The actual breaking, failure, distortion or burning out, of any part of the Insured Property whilst in ordinary use arising from defects in the Insured Property causing its sudden stoppage and necessitating repair or replacement, before it can resume operation.

  • We have not taken Insurance cover for Machinery Breakdown, against which if any losses occur will affect our business operations as well as profitability.

  • These additional costs of repair, reinstatement or replacement, of the Insured Property may be incurred with the consent of the Company in complying with building regulations or local authority or other statutory requirements, which are in force at the time of the occurrence of the Material Damage or Machinery Breakdown in respect of the Insured Property.

  • The liability of the Company in respect of any one loss or series of losses arising out of any one occurrence shall not exceed: a the amount or amounts specified in Section 1: Material Damage and Machinery Breakdown in the Schedule, as the Limit of Liability; or b any other applicable limit of liability under this Policy.

  • This Section indemnifies the Insured in the event of Material Damage to or Machinery Breakdown of Insured Property, occurring during the period of insurance.

  • Material Damage Physical loss or destruction of or damage (other than Machinery Breakdown), from a peril or occurrence not excluded herein.

  • The amount or amounts specified in Section 1: Material Damage and Machinery Breakdown in the Schedule, as the Limit of Liability shall be automatically reinstated from the date of occurrence of any claim provided that the Insured agrees to pay a pro rata additional premium for such reinstatement.


More Definitions of Machinery Breakdown

Machinery Breakdown means Accidental Damage causing the actual breaking or burning out of any part of a machine necessitating repair or replacement before normal working can be resumed including (but not limited to) Damage directly resulting from:
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Related to Machinery Breakdown

  • Breakdown /“breaks down”/“broken down” means an event during the policy period, that stops the vehicle from being driven because of a mechanical or electrical failure including as a result of battery failure, running out of fuel, flat tyres, but not as a result of a mis-fuel, road traffic collision, fire, flood, theft, acts of vandalism, any driver induced fault, or any key related issue other than keys locked in your vehicle;

  • Machinery means any article or combination of articles assembled, arranged or connected and which is used or intended to be used for converting any form of energy to performing work, or which is used or intended to be used, whether incidental thereto or not, for developing, receiving, storing, containing, confining, transforming, transmitting, transferring or controlling any form of energy;

  • Farm machinery means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.

  • Lockdown means the period between 23H59 on 26 March 2020, until 23H59 on 30 April 2020;

  • Boiler means an enclosed fossil or other fuel-fired combustion device used to produce heat and to transfer heat to recirculating water, steam, or other medium.

  • Electrical equipment means underground equipment that contains dielectric fluid that is necessary for the operation of equipment such as transformers and buried electrical cable.

  • Raw Material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Shortage means that a grain dealer does not have a sufficient amount of farm produce by class and quality to cover the grain dealer's outstanding warehouse receipt obligations for that farm produce.

  • Outage has the meaning set forth in the CAISO Tariff.

  • Plant means the machinery and apparatus intended to form or forming part of the Works.

  • Tooling means tools funded or provided by the Buyer.

  • Outages means the planned unavailability of transmission and/or generation facilities dispatched by PJM or the NYISO, as described in Section 35.9 of this Agreement.

  • Congenital Anomaly means a condition which is present since birth, and which is abnormal with reference to form, structure or position.

  • Equipment is all “equipment” as defined in the Code with such additions to such term as may hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing.

  • Consumables means where the context permits, Digital Print Consumables, Inkjet Printing System Consumables and Prepress Consumables.

  • Malfunction means any sudden, infrequent, and not reasonably preventable failure of air pollution control equipment, process equipment, or a process to operate in a normal or usual manner. Failures that are caused in part by poor maintenance or careless operation are not malfunctions.

  • Spares means a part or a sub-assembly or assembly for substitution which is ready to replace an identical or similar part or sub-assembly or assembly including a component or an accessory;

  • Explosion means the sudden release of energy sufficient to cause pressure waves and/or projectiles that may cause structural and/or physical damage to the surrounding of the tested-device.

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Contractor’s Equipment means all apparatus, machinery, vehicles and other things required for the execution and completion of the Works and the remedying of any defects. However, Contractor’s Equipment excludes Temporary Works, Employer’s Equipment (if any), Plant, Materials and any other things intended to form or forming part of the Equipment.

  • Engines means, as of any date of determination, all Engines then leased hereunder.

  • Fabrication means making up data or results and recording or reporting them.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Computer equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.