Remedial Measures definition
Examples of Remedial Measures in a sentence
The Parties agree and acknowledge that a material breach by either party (hereinafter referred to as the “Defaulting Party”) of any of the undertakings made under this Agreement, or a material failure or delay in performance of any of its obligations under this Agreement, shall constitute a default under this Agreement and the Defaulting Party shall be entitled to require the Defaulting Party to rectify or Take Remedial Measures.
Each of the Parties has resolved to provide an orderly means for compensating and reimbursing any Person who sustains Pollution Damage and any Public Authority which incurs costs for taking Remedial Measures as a result of a Discharge of Oil from any Offshore Facility so used and located within the jurisdiction of a State denominated hereunder as a “Designated State”, provided that such Party is the Operator of the Offshore Facility and this Contract is applicable to that Offshore Facility.
The Parties agree and acknowledge that any material breach by either Party (hereinafter referred to as the “Defaulting Party”) of any of its obligations under this Agreement or any material failure or delay in performance of any of its obligations under this Agreement shall constitute a default under this Agreement and the Defaulting Party shall have the right to require the Defaulting Party to rectify or Take Remedial Measures.
In the event the Facility contains any design or construction defects (“Defects”) that cause it to fail to meet any design, construction or Mechanical Completion standard in the Specifications or the Agreement, then Contractor shall, at no expense to Owner (except in the case of omitted equipment and materials, as provided in this Article 11), make (or cause to be made) the Remedial Measures necessary to remedy the Defects.
In the event the Remedial Measures include supplying equipment and materials that were necessary to the Facility, but omitted from its construction, Owner shall pay for the costs of such omitted equipment and materials as part of the Cost of the Work if such Remedial Measure is implemented to address Defects discovered before the Facility achieves Mechanical Completion.