Examples of System Loss in a sentence
The Borrower shall ensure, and cause to be ensured, the implementation of the System Loss Reduction Plan approved by the Borrower and agreed with ADB.
In the event of any System Loss that, in the reasonable judgment of Seller, results in damage, destruction or loss (partial or total) of the System, this Agreement will remain in full force and effect so long as the System PPA remains in full force and effect.
Subject to Buyer’s obligation to indemnify Seller set forth in Section 12.1, Seller shall bear the risk of any System Loss.
In the event of any System Loss that, in the reasonable judgment of Tenant results in total damage, destruction or loss of the System, Tenant shall, within twenty (20) business days following the occurrence of such System Loss, notify Landlord of such damage, destruction or loss and further notify Landlord as to whether Tenant is willing to repair or replace the System pursuant to this Section 13.
Tenant shall be entitled to all proceeds of insurance with respect to the System in connection with any System Loss.
Tenant shall bear the risk of any loss or damage to the System (“System Loss”), except to the extent such System Loss results from the negligence of Landlord or Landlord’s agents, representatives, customers, vendors, visitors, employees, contractors, or invitees.
In the event of any System Loss that, in the reasonable judgment of Tenant, results in less than total damage, destruction or loss of the System, this Agreement shall remain in full force and effect and Tenant has the option, at Tenant’s sole cost and expense, to repair or replace the System as quickly as practicable.
Developer shall bear the risk of any PV System Loss, except to the extent such PV System Loss results from the negligence or noncompliance of Buyer, Host or Host’s or Buyer’s agents, representatives, customers, vendors, employees, or contractors.
Definitions Loss Factor: System Loss Feeder Rate (in $/feeder per month) is established by MEAG annually in their budget approval process; if applicable.
You will bear all the risk of System Loss for your grossly negligent or willfully damage to the System, or a System Loss caused directly or indirectly by you, your contractors, subcontractors or any entity or person (other than a Provider Party) (a “Customer Act”).