- (iv) advise Nalcor of any special circumstances which might limit or prohibit cancellation of any O&M Contract. - (d) Obligations at End of Term Immediately upon the expiration or other termination of the Term, Emera shall, as an obligat...
AI summary The section outlines Emera's obligations upon the expiration or termination of the agreement, including the transfer of ML Data, operation and maintenance manuals, materials, and equipment to Nalcor, removal of Emera's employees and contractors, and surrender of possession and control of the Maritime Link to Nalcor.
7.5 Transfer on Early Termination If this Agreement terminates prior to the Expiry Date in circumstances where ownership of the Maritime Link is transferred to Nalcor pursuant to another Formal Agreement, the provisions of this [Article 7]...
AI summary This section outlines the conditions under which the agreement applies if ownership of the Maritime Link is transferred to Nalcor prior to the Expiry Date through another Formal Agreement, with the provisions of Article 7 applying accordingly.
12.3 Own Property Damage For the avoidance of doubt, it is the Parties' intent that, subject to any right a Party may have to seek compensation from a third party who caused the Loss or from insurance, each Party shall be responsible for a...
AI summary The Parties agree that each is responsible for Losses to its own property, including facilities, equipment, and materials on the site of Defined Assets, regardless of the cause, including O&M Activities or the actions of the other Party or its affiliates. This applies unless compensation from a third party or insurance is available.