Allotment Agreement. The Mine Operator confirms that it has read and understood the terms of the allotment agreement dated [●] entered into between the Government of India and the Authority (the “Allotment Agreement”). The Mine Operator further agrees and undertakes that it shall observe and comply with the terms and conditions of the Allotment Agreement, and shall ensure that the Contractors, if any, observe and comply with the terms and conditions of the Allotment Agreement.
Allotment Agreement. The Mine Developer and Operator confirms that it has read and understood the terms of the Allotment Order No.13016 / 26/2004-CA-I/CA-III(Pt.) (Vol.II), dated 24th February 2016 and the Coal Block Development and Production Agreement dated 30th March, 2016 entered into between the Government of India and TANGEDCO (the “Allotment Agreement”). The Mine Developer and Operator further agrees and undertakes that it shall observe and comply with the terms and conditions of the Allotment Agreements, and shall ensure that the Contractors, if any, shall also observe and comply with the terms and conditions of the Allotment Agreement, to the extent applicable to the Mine Developer and Operator under this Agreement.
Allotment Agreement. The Mine Developer and Operator confirms/ agrees and undertakes that it shall observe and comply with the terms and conditions of the Allotment letter no. 13016/26/2004-CA-l/ CA-III(Pt,)(Vol.II) dated 31.03.2015. & its corrigendum along with future amendments/corrigendums/addendums and Allotment Agreement executed between the President of India and HPGCL on 29.03.16 along with any future amendments/corrigendums/addendums entered into between the Government of India and HPGCL. The Kalyanpur Badalpara coal block is allotted to HPGCL under under rule 4 of “Auction by competitive bidding of Coal Mines Rules, 2012”. The MDO shall comply with the provisions of Coal Mines (Special Provisions) Act, 2015 / MMDR Act’1957 including amendments. The Mine Developer and Operator further agrees and undertakes that it shall ensure that the Contractors, if any, observe and comply with the terms and conditions of the Allotment order/ Allotment Agreement (including amendments/corrigendums/addendums) and Coal Mines (Special Provisions) Act, 2015 /MMDR act’ 1957 including amendments. HPGCL shall initiate steps for getting extension from MoC for the timelines specified in Efficiency parameters in Schedule-IV A of Allotment Agreement. If MoC grants extension of time, the MDO shall be responsible & liable for achieving the Efficiency parameters in Schedule-IVA of Allotment Agreement for development of Kalyanpur Badalpara coal block and also for the guaranteed coal production. After such grant of extension by MoC, failure to adhere to the Efficiency parameters/ guaranteed production ad/or if any penalty is imposed and/ or Bank Guarantee submitted by HPGCL is en-cashed/ appropriated by GoI, it shall be to the MDO’s account provided it is attributed to default on account of MDO. Further all responsibilities for adhering to the terms and conditions specified by the MoC, GoI or State Authorities for allotment of the Kalyanpur Badalpara Coal Block shall be that of the MDO only to the extent the same falls under the Scope of services of MDO as specified in this Agreement. For avoidance of doubt, it is clarified that the provisions of this clause will only be applicable when the MoC grants the extension of timelines of Efficiency Parameters. In case of default on part of HPGCL under the provisions of Allotment Agreement due to reasons attributable to MDO/ its Contractors, which interalia attracts any Penalty on HPGCL and/ or appropriation of Performance Security furnished by HPGCL to Govt...
Allotment Agreement. FOR SALE shall mean the provisional Booking letter and/or this Agreement for sale of the unit (s);
