Uninsurable Risks. If during the Concession Period, any risk which has been previously insured becomes un- insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained/ re-instated in respect of such risk, the Concessionaire shall not be deemed to be in breach of its obligations regarding insurance under this Agreement.
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement
Uninsurable Risks. If during the Concession Period, any risk which has been previously insured becomes un- un insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained/ re-instated reinstated in respect of such risk, the Concessionaire shall not be deemed to be in breach of its obligations regarding insurance under this Agreement.
Appears in 1 contract
Sources: Concession Agreement