Format Dx Project Works - Eskom

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• 32 • GENERAL MEMORANDA APPLICABLE TO ALL SECTIONS (Continued) MEMO 14 - CANCELLATION CLAUSE This Policy shall continue unless terminated by 30 (thirty) days notice in writing given by the Insurer to the Contractor at its registered address or by the Contractor to the Insurer as the case may be. Notwithstanding the aforementioned Cancellation at the option of the Insured the insurance provided by this policy shall continue to apply to any Contract in respect of which tenders have a closing date prior to the expiry of such period of notice. In relation to any such Contract the cover granted under this Policy shall continue and all the Terms, Exceptions and Conditions of this Policy shall mutatis mutandis apply until completion of such Contracts and the maintenance period stipulated in the Contract documents. In the event of the Insured exercising this option The Insurer shall be notified of such intention at the time of notice of Cancellation is given and the premium shall be adjusted proportionately at the rates applicable under the Policy and any additional premium due paid to the Insurer. The aforegoing provisions shall also apply in the event of the Policy being lapsed. MEMO 15 – SA JURISDICTION This insurance is governed by the laws of The Republic of South Africa and the courts of The Republic of South Africa shall have jurisdiction in all matters arising hereunder. MEMO 16 – ABANDONMENT In the event of stoppage or work on any contract site from any cause for a period of three consecutive months cover under this Policy shall be suspended in respect of that contract site unless its continuance shall be agreed in writing with the Insurers. MEMO 17 – FOLLOW THE LEAD CLAUSE Where more than one Reinsurer subscribes to this insurance it is agreed that all Reinsurers subscribing hereto will be bound by the decision of the leading Reinsurer and will follow the same rates, conditions, claim settlements and all matters relating to the insurance granted by this policy as may be agreed by the leading Reinsurer. It is further agreed that all endorsements hereto will be legally binding on all Reinsurers when signed by the leading Reinsurer. The only exceptions are Indemnity limit, nor shall claim repudiations by the leading Reinsurer be binding on Co –Reinsurers.
• 33 • NUCLEAR EXCLUSION - APPLICABLE TO ALL SECTIONS This Policy does not cover i) loss or destruction of or damage to any property whatsoever or any loss or expense whatsoever resulting or arising therefrom or any consequential loss ii) any legal liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from ionising radiations or contamination by radio activity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel. Solely for the purpose of this exclusion combustion shall include any self-sustaining process of nuclear fission. The Indemnity provided by this Policy shall not apply to nor include any loss destruction or legal liability directly or indirectly caused by or contributed to by or arising from nuclear weapons material.
Page 1 and 2: FORMAT Dx ANNUAL CONTRACT WORKS / P
Page 3 and 4: THE INSURED (Continued) • 3 • T
Page 5 and 6: LIMITS OF INDEMNITY: • 5 • THE
Page 7 and 8: • 7 • SECTION I - CONTRACT WORK
Page 9 and 10: • 9 • SECTION I - CONTRACT WORK
Page 11 and 12: • 11 • SECTION I - CONTRACT WOR
Page 13 and 14: MEMO 3 - DEBRIS REMOVAL • 13 •
Page 17 and 18: • 17 •
Page 21 and 22: This Policy does not cover • 21
Page 23 and 24: MEMORANDUM TO EXCEPTION 1 MEMO 1
Page 25 and 26: 4. loss of or damage to property:
Page 27 and 28: 2. COVER FOR CROSS LIABILITY • 27
Page 29 and 30: • 29 • GENERAL MEMORANDA APPLIC
Page 31: • 31 • GENERAL MEMORANDA APPLIC
Page 35: • 35 • THE CONDITIONS (Continue

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