Common use of Uninsurable Risks Clause in Contracts

Uninsurable Risks. 16.2.1 If a risk usually covered by the Project Insurances in Part [y] of Schedule 18, becomes Uninsurable, then the Facility Operator shall notify TNPA within [3 (three)] days of that risk becoming Uninsurable. 16.2.2 If both Parties agree, or it is determined in accordance with clause 56.7 (fast- track dispute resolution), that:

Appears in 2 contracts

Sources: Facility Operator Agreement, Facility Operator Agreement

Uninsurable Risks. 16.2.1 14.2.1. If a risk usually covered by the Project Insurances in Part [y] of Schedule 18, 19 (Project Insurance) becomes UninsurableUninsurable or is Uninsurable as at the Effective Date, then the Facility Terminal Operator shall notify TNPA within [3 14 (three)] days fourteen) Days of becoming aware of that risk becoming or being Uninsurable. 16.2.2 . If both Parties agree, or it is determined in accordance with clause 56.7 62.7 (fast- fast-track dispute resolution), ) that: 14.2.1.1 such risk is indeed Uninsurable;

Appears in 1 contract

Sources: Terminal Operator Agreement

Uninsurable Risks. 16.2.1 15.2.1 If a risk usually covered by the Project Insurances in Part [y] Y of Schedule 1814 (Project Insurance), becomes Uninsurable, then the Facility Terminal Operator shall notify TNPA within [3 5 (three)] five) days of that risk becoming Uninsurable. 16.2.2 15.2.2 If both Parties agree, or it is determined in accordance with clause 56.7 53.7 (fast- track dispute resolution), that:

Appears in 1 contract

Sources: Terminal Operator Agreement