Nuclear Risks Clause Samples
The Nuclear Risks clause defines the allocation of responsibility and liability for damages or losses arising from nuclear incidents. Typically, this clause excludes coverage for any harm caused by nuclear reactions, radiation, or contamination, meaning that parties to the contract are not liable for such risks. For example, if a nuclear accident leads to property damage or personal injury, the clause ensures that neither party can claim compensation under the contract for those specific events. Its core function is to clearly exclude unpredictable and potentially catastrophic nuclear-related risks from the scope of contractual obligations, thereby protecting parties from unmanageable liabilities.
Nuclear Risks loss, damage or liability directly or indirectly caused by or contributed to by or arising from:
(a) ionising, radiations or contamination by radioactivity from any nuclear waste or from the combustion of nuclear fuel; for the purpose of this Exclusion 3.10 (a) only, combustion shall include any self-sustaining process of nuclear fission;
(b) nuclear weapons materials. This Exclusion 3.10 shall not apply to liability resulting from the use of commercial radioactive isotopes.
Nuclear Risks. The Insurers shall not be liable in respect of loss, damage or liability directly or indirectly caused by or contributed to by or arising from:
1.1 ionising, radiations or contamination by radioactivity from any nuclear waste or from the combustion of nuclear fuel; for the purpose of this Exclusion only, combustion shall include any self-sustaining process of nuclear fission;
1.2 nuclear weapons materials. This General Exclusion shall not apply to liability resulting from the use of commercial radioactive isotopes.
Nuclear Risks. See exclusion III.
Nuclear Risks a. Liability imposed by or arising from any nuclear liability act, law or statute, or any amendment to these.
b. “Bodily or mental injury”, “property damage” or “personal and advertising injury” with respect to which any Insured is also insured under a contract of nuclear energy liability insurance (whether that Insured is unnamed in such contract and whether or not it is legally enforceable by that Insured) issued by the Nuclear Insurance Association of Canada or any other insurer or pool of insurers, or would be an insured under any such contract but for its termination upon exhaustion of its limit of liability.
c. “Bodily or mental injury”, “property damage” or “personal and advertising injury” resulting directly or indirectly from the “nuclear energy hazard” arising from:
i. the ownership, maintenance, operation or use of a “nuclear facility” by or on behalf of any Insured;
ii. the furnishing by any Insured of services, materials, parts or equipment in connection with the planning, construction, maintenance, operation or use of any “nuclear facility”; or
iii. the possession, consumption, use, handling, disposal or transportation of “fissionable substances” or of other “radioactive material” used, distributed, handled or sold by any Insured. Exclusions III. 3. a., b. and c. apply regardless of any other contributing or aggravating cause or event that contributes concurrently or in any sequence to the “bodily or mental injury”, “property damage” or “personal and advertising injury”.
Nuclear Risks. To the knowledge of the Company, all Company Government Contracts and all Company Government Subcontracts that require or have required the Company or any of its Subsidiaries (when each such Subsidiary was directly or indirectly a Subsidiary of the Company and not before) to perform work involving nuclear risks (i) have at all times been performed in compliance with applicable statutes and regulations and no such performance has been or is in violation of any applicable statute or regulation, except for such failures to comply as would not reasonably be expected to result in a Company Material Adverse Effect, and (ii)(A) have contained or contain contractual indemnification by the U. S. Government under the authority of Public Law 85-804 or 10 U.S.C. Section 2354 or the ▇▇▇▇▇-▇▇▇▇▇▇▇▇ Act, as implemented by Executive Order and regulation, and (B) such indemnities are in full force and effect.
Nuclear Risks. THIS POLICY DOES NOT COVER claims directly or indirectly occasioned by, happening through or in consequence of:
a) the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof; or
b) ionising radiations or contamination by radioactivity from, or the toxic, explosive or other hazardous properties of, any other radioactive source whatsoever.
Nuclear Risks. This Policy does not cover:
(1) loss or destruction of or damage to any property whatsoever or any loss or expense whatsoever resulting or arising therefrom or any consequential loss;
(2) any legal liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from:
(a) ionizing radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel;
(b) the radioactive toxic explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.
Nuclear Risks. Loss or destruction of or damage to any property whatsoever or any loss or expense whatsoever resulting or arising therefrom or any consequential loss.