Plant and Equipment Insurance definition

Plant and Equipment Insurance means an insurance policy effected and maintained by the Supplier that must cover material loss or damage to any plant and equipment (whether owned, hired or leased by the Supplier) used in the performance of this Contract for its market value and the policy shall include a waiver of subrogation in favour of the Purchaser;
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Plant and Equipment Insurance means insurance covering such plant or equipment belonging to, hired to or otherwise in the care, custody or control of the Contractor for use in connection with the Relocation Works.
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Plant and Equipment Insurance means an insurance policy effected and maintained by the Supplier that must:
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Examples of Plant and Equipment Insurance in a sentence

  • If requested by the Purchaser, the Supplier shall produce evidence of the currency of the Supplier’s Worker’s Compensation, Public Liability and Plant and Equipment Insurance policies.

  • If requested by the Purchaser, the Supplier shall produce evidence of the currency of the Supplier’s Worker’s Compensation, Public Liability and Plant and Equipment Insurance policies.If the Supplier fails to effect and maintain any of the insurances required by this clause, the Purchaser may at its sole option take out and maintain such insurances and deduct the cost of doing so from any monies due to the Supplier, or treat the Supplier's failure to insure as a breach under clause 13.1.

  • Such Plant and Equipment Insurance shall contain an endorsement stating that "permission is granted to complete and occupy"; and, if any off- site storage location is used for plant and equipment, such insurance shall cover, for full insurable value, all such items on or about any such off-site storage location or in transit to the Project Site.

  • This requirement for Plant and Equipment Insurance is solely for the benefit of Contractor, and the failure of Contractor to secure such insurance or to maintain adequate levels of coverage shall not subject Owner to liability for losses of owned or rented equipment.

  • Contractor shall secure and maintain insurance for temporary plant and equipment ("Plant and Equipment Insurance").

  • Worker Compensation Public Liability (minimum required: $20m per occurrence) Professional Indemnity (minimum required: $1m per occurrence) Motor Vehicles and Plant and Equipment Insurance (if applicable) Other relevant policies (e.g. volunteer insurance if applicable) ☐Tick this box to confirm that you hold (or will hold) all relevant permits for on-ground activities in the Great Barrier Reef World Heritage Area or Reef catchments.

  • The Supplier must maintain adequate insurance including, without limitation,Contractor’s Plant and Equipment Insurance covering all plant and equipment using in connection with this agreement.Motor Vehicle Insurance covering use of all owned, non-owned and hired motor vehicles, in respect of all motor vehicles used in connection with the Contract regardless of whether any motor vehicle is licensed as a motor vehicle pursuant to the provisions of any statute.

  • If requested by the Purchaser, the Supplier shall produce evidence of the currency of the Supplier’s Worker’s Compensation, Public Liability and Plant and Equipment Insurance policies.If the Supplier fails to effect and maintain any of the insurances required by this clause, the Purchaser may at its sole option take out and maintain such insurances and deduct the cost of doing so from any monies due to the Supplier, or treat the Supplier's failure to insure as a breach under clause 0.

  • The type and minimum amount of insurance cover required varies depending on the type of contract, as follows: Contracts for Goods WorkCover Insurance; Public Liability Insurance for $10M; and Product Liability Insurance Contracts for Physical Services WorkCover Insurance; Pubic Liability Insurance for a minimum of $20M; and  Plant and Equipment Insurance.

  • Worker CompensationAttached Public Liability (minimum required: $20,000,000 per occurrence)Attached Motor Vehicles and Plant and Equipment Insurance (if applicable)Attached Other relevant policies (e.g. volunteer insurance if applicable)Attached Tick this box to confirm that you hold (or will hold) all relevant permits for on-ground activities in the Great Barrier Reef World Heritage Area or Reef catchments.

Related to Plant and Equipment Insurance

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

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

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Qualified machinery and equipment means all new industrial

  • Property Insurance is defined in Section 6.10(a).

  • 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.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Casualty insurance means liability insurance.

  • 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.

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Agricultural equipment includes but is not limited to equipment associated with livestock or crop production, horticulture, or floriculture. “Agricultural equipment” includes but is not limited to tractors; trailers; combines; tillage, planting, and cultivating implements; balers; irrigation implements; and all-terrain vehicles.

  • Farm equipment means equipment used directly for farming

  • general insurance business means any class of insurance business other than long-term insurance business;

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

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Credit property insurance means insurance:

  • 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.

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • 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;

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Air pollution control equipment means a mechanism, device, or contrivance used to control or prevent air pollution, that is not, aside from air pollution control laws and administrative regulations, vital to production of the normal product of the source or to its normal operation.