Common use of Risk Reduction Clause in Contracts

Risk Reduction. Reinforcing the Borrower’s capacity for ensuring the functioning of critical facilities and lifeline infrastructure and the continuity of service in relation thereto, during and after emergencies, through the active participation of SDS, SED, DPAE/FOPAE, and DABS in the preparation, pursuant to Law 400 of the Guarantor, and subsequent implementation, of engineering designs in respect of seismic mitigation and associated preventive maintenance plans for buildings and facilities in:

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement