Nuclear Liability definition

Nuclear Liability means any Liability arising out of or resulting from the hazardous or radioactive properties of (a) Nuclear Material or any other fissionable isotope and (b) any fission product resulting from the fission process.
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Nuclear Liability means any Liability arising out of or resulting from the hazardous or radioactive properties of (i) Nuclear Material or any other fissionable isotope and (ii) any fission product resulting from the fission process.
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Examples of Nuclear Liability in a sentence

  • In the event Buyer recovers damages from a third party based on losses at the Site resulting from the hazardous properties of source, special nuclear or byproduct material (as defined in the Atomic Energy Act of 1954, as amended and/or the Nuclear Liability and Compensation Act, as amended), Buyer shall defend, indemnify and hold Siemens and its subcontractors harmless against claims by such third party which are based on Buyer’s recovery of such damages.

  • In addition, ▇▇▇▇▇ shall obtain and maintain an agreement of indemnification as contemplated by Section 170 of the United States Atomic Energy Act, and/or, if applicable, the Canadian Nuclear Liability Act or any similar act or law (hereinafter collectively, the “Acts”).

  • In the event that the nuclear liability protection system contemplated by Section 170 of the Atomic Energy Act is repealed or changed, the Buyer shall obtain and maintain, to the extent commercially available on reasonable terms, alternate protection against Nuclear Liability.

  • In particular, but without limitation, British Energy shall notify Buyer of (i) information regarding any actual or asserted Nuclear Liability, Environmental Liability or Environmental Claim, or (ii) communications from the NRC or any other Governmental Authority regarding any Permit, Nuclear Law or Environmental Law, in each case with respect to the Company Group or the Assets.

  • This insurance does not apply to loss or damage caused directly or indirectly by a nuclear incident as defined in the Nuclear Liability Act or any other nuclear liability act, law or statute, or any law amendatory thereof, or a nuclear explosion or by contamination by radioactive material.

  • Nuclear damage shall be governed by the provisions of the Nuclear Liability Act (atomivastuulaki, no.

  • In the event that the nuclear liability protection system contemplated by Section 170 of the Atomic Energy Act is repealed or changed, each Purchaser shall obtain and maintain, to the maximum extent and in the maximum amount available on commercially reasonable terms but in no event less than the amount required for units of similar size and type by Nuclear Laws, alternate protection against Nuclear Liability.

  • Tenant shall maintain Nuclear Liability Facility Form at such limit as required by the NRC Licenses and Nuclear Liability Shippers & Transporters coverage at a limit of $300 million during the Lease Term and thereafter until the Put Option Closing.

  • In addition, Buyer shall obtain and maintain an agreement of indemnification as contemplated by Section 170 of the United States Atomic Energy Act, and/or, if applicable, the Canadian Nuclear Liability Act or any similar act or law (hereinafter collectively, the “Acts”).

  • Wolfowitz Deputy Secretary Department of Defense The Pentagon, Room 3E944 ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Dear Sirs: This letter is being sent on behalf of the Contractors International Group on Nuclear Liability (CIGNL) concerning on-going U.S. Government efforts to obtain liability protection for nuclear-related activities in the Russian Federation.

Related to Nuclear Liability

  • Hovercraft Liability This policy does not cover "hovercraft liability".

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Nuclear waste means a quantity of source, byproduct or special nuclear material (the definition of nuclear waste in this chapter is used in the same way as in 49 CFR 173.403) required to be in NRC-approved specification packaging while transported to, through or across a state boundary to a disposal site, or to a collection point for transport to a disposal site.

  • nuclear energy hazard means the radioactive, toxic, explosive, or other hazardous properties of radioactive material;

  • Excluded Hedge Liability or Liabilities means, with respect to each Borrower and Guarantor, each of its Swap Obligations if, and only to the extent that, all or any portion of this Agreement or any Other Document that relates to such Swap Obligation is or becomes illegal under the CEA, or any rule, regulation or order of the CFTC, solely by virtue of such Borrower’s and/or Guarantor’s failure to qualify as an Eligible Contract Participant on the Eligibility Date for such Swap. Notwithstanding anything to the contrary contained in the foregoing or in any other provision of this Agreement or any Other Document, the foregoing is subject to the following provisos: (a) if a Swap Obligation arises under a master agreement governing more than one Swap, this definition shall apply only to the portion of such Swap Obligation that is attributable to Swaps for which such guaranty or security interest is or becomes illegal under the CEA, or any rule, regulations or order of the CFTC, solely as a result of the failure by such Borrower or Guarantor for any reason to qualify as an Eligible Contract Participant on the Eligibility Date for such Swap; (b) if a guarantee of a Swap Obligation would cause such obligation to be an Excluded Hedge Liability but the grant of a security interest would not cause such obligation to be an Excluded Hedge Liability, such Swap Obligation shall constitute an Excluded Hedge Liability for purposes of the guaranty but not for purposes of the grant of the security interest; and (c) if there is more than one Borrower or Guarantor executing this Agreement or the Other Documents and a Swap Obligation would be an Excluded Hedge Liability with respect to one or more of such Persons, but not all of them, the definition of Excluded Hedge Liability or Liabilities with respect to each such Person shall only be deemed applicable to (i) the particular Swap Obligations that constitute Excluded Hedge Liabilities with respect to such Person, and (ii) the particular Person with respect to which such Swap Obligations constitute Excluded Hedge Liabilities.