Common use of Compensation Events Clause in Contracts

Compensation Events. 22.1. The Compensation events are the events the risk of which according to the Agreement, including the Annex No. 4 to the Agreement the Matrix of Risk distribution between Parties is exclusively or partially attributed to the Granting institution, and which are specified bellow, the consequences of which do not have to be compensated and / or remunerated by other persons, and / or which have not resulted from the actions of the Investor or the Concessionaire, or their Associated persons, or Sub- Suppliers, or other entities employed by the Concessionaire for the performance of the Agreement, with the exception of actions which were intended to avoid the Compensation event or its affect on the increase in the Investments or the costs, associated with the provision of the Services, provided in the Financial activity model, should the caused loses, or the increase in the Investments or the Costs, associated with the provision of the Services were bigger:

Appears in 3 contracts

Samples: ppplietuva.lt, ppplietuva.lt, ppplietuva.lt

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Compensation Events. 22.1. The 22.1.The Compensation events are the events the risk of which according to the Agreement, including the Annex No. 4 to the Agreement the Matrix of Risk distribution between Parties is exclusively or partially attributed to the Granting institutionPrivate partner, and which are specified bellow, the consequences of which do not have to be compensated and / or remunerated by other persons, and / or which have not resulted from the actions of the Investor or the ConcessionairePrivate partner, or their Associated persons, or Sub- Sub-Suppliers, or other entities employed by the Concessionaire Private partner for the performance of the Agreement, with the exception of actions which were intended to avoid the Compensation event or its affect on the increase in the Investments or the costs, associated with the provision of the Services, provided in the Financial activity model, should the caused loses, or the increase in the Investments or the Costs, associated with the provision of the Services were bigger::

Appears in 3 contracts

Samples: www.ppplietuva.lt, ppplietuva.lt, ppplietuva.lt

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