War and Civil Disturbance definition

War and Civil Disturbance means the Covered Risks described in Section 5.1.
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War and Civil Disturbance means the Covered Risk described in Section 5.1.
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War and Civil Disturbance means – 1.2.93.1 acts of war (whether declared or undeclared), revolution, hostilities, rebellion, insurrection, civil war, civil commotion, that cause - 1.2.93.1.1 the destruction, disappearance or physical damage to all or a material and/or substantial part of the assets of the Insured Debtor which are relevant to the Project for which the Insured Debtor bears the risk of loss in the Designated Country, provided that such property is used principally in connection with the Project; or 1.2.93.1.2 the Insured Debtor to be unable to carry out operations essential to its overall financial viability as a going concern for a consecutive period of 180 (one hundred and eighty) days or results in the Insured Debtor being unable to honour a Scheduled Payment and it remains outstanding for a period of at least 180 (one hundred and eighty) days. No waiting period shall be required in respect of any subsequent payment default that is caused by War and Civil Disturbance if such War and Civil Disturbance occurs within the existing 180 (one hundred and eighty) day waiting period or prior to the resolution of the existing War and Civil Disturbance event; 1.2.93.2 the coverage for War and Civil Disturbance applies only to acts undertaken with the primary intent of achieving a political objective. It does not extend to acts undertaken primarily to achieve non-political labour, non-political student, or other non-political objectives.
Sample 1

Examples of War and Civil Disturbance in a sentence

  • War and Civil Disturbance: Subsection 5.1(a) Subsection 5.1(b) [None.] [180] continuous days.

  • The Guarantee Holder may file a Claim for War and Civil Disturbance at any time from the Date of Loss to the date 180 days after the applicable Waiting Period has elapsed.

  • If MIGA pays compensation for a default and the Guarantee Holder receives subsequent Scheduled Payments, the Guarantee Holder must prove that any defaults thereafter are caused by a separate Covered Risk of Expropriation or War and Civil Disturbance.

  • The guarantees are is- sued for a period of up to 15 years against the risks of Transfer Restriction, Expropria- tion, War and Civil Disturbance and Breach of Contract.

  • Subject to Articles 8, 9 and 10, compensation payable under War and Civil Disturbance shall be the Percentage of Cover of the amount of the Scheduled Payment that is in default as of the Date of Loss.

  • The Guarantee Holder shall submit to MIGA promptly all material evidence available to it from time to time as may be necessary to support such Claim for War and Civil Disturbance, including: (a) copies of inventories and audited book entries concerning the assets destroyed, damaged or that have disappeared, in the case of Subsection 5.1(a); and (b) all material evidence related to events preventing the Project Enterprise from carrying out viable business operations, in the case of Subsection 5.1(b).

  • MIGA’s support for DRC will continue to be offered across its Transfer Restriction, Expropriation, Breach of Contract, and War and Civil Disturbance political risk insurance product lines.

  • PRI providers may recover the compensation paid directly from the host government according to the Paris Club provision.1.3. War and Civil Disturbance 1.3.a. Covered Risks Equity coverage.

  • The guarantee against War and Civil Disturbance covers the inability to repay of the debtor caused immediately and directly by any political violence event (acts of war, revolution, insurrection, civil war, civil commotion, riots or acts of terrorism or sabotage) or force majeure (not covered under shareholders’ loan) damaging the investor’s assets orthe project enterprise.

  • DEDUCTIBLE: Expropriation: Subsection 4.1(a) Subsection 4.1(b) [In Guarantee Currency] [None.] [In Guarantee Currency] [None.] War and Civil Disturbance: Subsection 5.1(a) Subsection 5.1(b) [In Guarantee Currency] [None.] [In Guarantee Currency] [None.] CLAUSE 16.


More Definitions of War and Civil Disturbance

War and Civil Disturbance has the meaning set forth in Section 5.1.
Sample 1
War and Civil Disturbance means one or more Acts of War or Civil Disturbance that directly and immediately Causes:
Sample 1
War and Civil Disturbance means – 1.2.67.1 acts of war (whether declared or undeclared), revolution, hostilities, rebellion, insurrection, civil war, civil commotion, that cause - 1.2.67.1.1 the destruction, disappearance or physical damage of the Goods or preventing the Delivery of Goods or the rendering of Services for which the Insured bears the risk of loss in the Designated Country prior to Delivery, provided that such property is used principally in connection with the Project; or 1.2.67.1.2 the Insured Debtor to be unable to carry out operations essential to its overall financial viability as a going concern for a consecutive period of 180 (one hundred and eighty) days or results in it being unable to honour a Scheduled Payment and it remains outstanding for a period of at least 180 (one hundred and eighty) days. No waiting period shall be required in respect of any subsequent default that constitutes a War and Civil Disturbance if such War and Civil Disturbance occurs within the existing 180 (one hundred and eighty) day waiting period or prior to the resolution of the existing War and Civil Disturbance event; 1.2.67.2 the coverage for War and Civil Disturbance applies only to acts undertaken with the primary intent of achieving a political objective. It does not extend to acts undertaken primarily to achieve non-political labour, non-political student, or other non-political objectives;
Sample 1

Related to War and Civil Disturbance

  • Civil union means a civil union established pursuant to Act 91 of the 2000 Vermont Legislative Session, entitled “Act Relating to Civil Unions”.

  • Civil War means an internecine war, or a war carried on between or among opposing citizens of the same country or nations.

  • Civil engineer means a professional engineer registered in the state of California to practice in the field of civil engineering.

  • Imminent danger to the health and safety of the public means the existence of any condition or practice, or any violation of a permit or other requirement of this article, in a surface coal mining and reclamation operation which could reasonably be expected to cause substantial physical harm to persons outside the permit area before such condition, practice, or violation can be abated. A reasonable expectation of death or serious injury before abatement exists if a rational person, subjected to the same conditions, or practices giving rise to the peril, would not expose himself to the danger during the time necessary for abatement.

  • Labor law decision means an administrative merits determination, arbitral award or decision, or civil judgment, which resulted from a violation of one or more of the laws listed in the definition of “labor laws”.

  • Civil action means all suits or claims of a civil nature in a state or federal court, whether cognizable as cases at law or in equity or admiralty. "Civil action" does not include any of the following:

  • Civil Service Commission means the commission required under Section 5 of Article XI of the Michigan Constitution of 1963.

  • Labour means workers employed by a Contractor directly or indirectly through a sub- contractor or by an agent to do any skilled, semi-skilled, unskilled, manual, technical or clerical work relating to the subject of Contract for hire or reward.

  • civil servant means a person who is a member of a civil service of the Province, or who holds a civil post in connection with the affairs of the Province, but does not include-

  • civil proceedings means any proceedings in or before any court or tribunal that are not criminal proceedings;

  • Exclusive bargaining representative means any employee

  • civil service means the civil service of the State;

  • Civil penalty means the payment Licensee has agreed to pay to the United States Treasury;

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • Occupational Health and Safety Act means the Occupational Health and Safety Act, 1993 (Act No 85 of 1993);

  • Health and Safety Laws means all applicable laws, statutes, regulations, subordinate legislation, bye-laws, common law and other national, international, federal, European Union, state and local laws, judgments, decisions and injunctions of any court or tribunal, and codes of practice and/or guidance notes issued by any applicable government body or authority, public body, trade union, works council, or industry or regional sector authority to the extent that they relate to or apply to the health and safety of any person, including (but not limited to) any such requirements and obligations concerning Covid-19.

  • Farmworker means Farmworker as defined in Section 420.503, F.S.

  • Ontario Health means the corporation without share capital under the name Ontario Health as continued under the CCA;

  • Sexual excitement means the condition of human male or female genitals when in a state of sexual stimulation or arousal.

  • Health and Safety means, in relation to a recipient or a third person, the prevention of death or serious personal injury;

  • Bargaining representative means a labor organization recognized by an employer or certified by the commission as the sole and exclusive bargaining representative of certain employees of the employer.

  • Environmental, Health and Safety Laws means the Comprehensive Environmental Response, Compensation and Liability Act of 1980, the Resource Conservation and Recovery Act of 1976, and the Occupational Safety and Health Act of 1970, each as amended, together with all other laws (including rules, regulations, codes, plans, injunctions, judgments, orders, decrees, rulings, and charges thereunder) of federal, state, local, and foreign governments (and all agencies thereof) concerning pollution or protection of the environment, public health and safety, or employee health and safety, including laws relating to emissions, discharges, releases, or threatened releases of pollutants, contaminants, or chemical, industrial, hazardous, or toxic materials or wastes into ambient air, surface water, ground water, or lands or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport, or handling of pollutants, contaminants, or chemical, industrial, hazardous, or toxic materials or wastes.

  • labourer means an employee engaged in one or more of the following operations: Cleaning premises, loading or unloading goods, carrying and/or stacking goods, removing refuse;

  • Emergency Medical Transportation means the transportation, by ambulance, of sick, injured or otherwise incapacitated persons who require emergency medical care.

  • Workers compensation insurance" means:

  • Home health aide means an individual employed by a home health agency to provide home health services under the direction of a registered nurse or therapist.