Nuclear Liability. TerraPower shall use its commercially reasonable efforts to, or to cause applicable third parties to (i) maintain financial protection and an indemnification agreement as required by the ▇▇▇▇▇-▇▇▇▇▇▇▇▇ Act and 10 CFR Part 140, under which Contractor and its subcontractors shall be included as insureds, and (ii) obtain and maintain nuclear property damage insurance to the extent required under 10 CFR 50.54(w) to cover applicable onsite property, and waive any right of recovery and any rights of subrogation against Contractor and it subcontractors for any damage to applicable onsite property resulting from a nuclear incident.
Appears in 2 contracts
Sources: Haleu Long Term Supply Agreement (ASP Isotopes Inc.), Procurement Agreement (ASP Isotopes Inc.)