Compensation Event Sample Clauses

Compensation Event. (a) If Sections 15.2(a) and 15.2(b) require Project Co to perform any alteration, addition, demolition, extension or variation in the Work or to suspend or delay performance of the Work as a result of such discovery and which would not otherwise be required under this Project Agreement, then any such alteration, addition, demolition, extension or variation in the Work, or suspension or delay in the performance of the Work, shall, subject to and in accordance with Article 22, be treated as a Delay Event and, subject to and in accordance with Article 23, be treated as a Compensation Event, provided however that the foregoing shall not apply to the extent that any item referred to in Section 15.1(a) was disclosed in or properly inferable, readily apparent or readily discoverable from the Site Information or would have been properly inferable, readily apparent or readily discoverable from inspections of the Site carried out by Project Co or by any Project Co Party during the Request for Proposals process prior to the Submission Date.
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Compensation Event. 28. In the cases specified in the Agreement, the losses incurred by the Private partner due to the Compensation Event are compensated by the Public partner.
Compensation Event. In the case of a Compensation Event, the Contracting Authority must pay the Contractor (or where a Contracting Authority Change is concerned, the Contractor may have to pay the Contracting Authority) compensation in accordance with Schedule 3 (Compensation for Supervening Events), paragraph 2 (Compensation Event).
Compensation Event. 31.1 The following are compensation events for the purposes of the Contract:
Compensation Event. 16.1 If, at any time, as a direct result of the occurrence of a Compensation Event:
Compensation Event. 4.3. In case the Parties agree to postpone the time of commencement of provision of the Services, the period of validity of the Agreement shall not be changed.
Compensation Event. (a) The Chargor shall:
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Compensation Event. (a) The Mortgagor shall:
Compensation Event. If Nalcor does not comply with its obligations to deliver the Nova Scotia Block to Emera in accordance with this Agreement for all or the remainder of the Initial Term, as applicable:
Compensation Event 
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