AllotmentAgreement Sample Clauses

AllotmentAgreement. 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 HPGCLunder 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. HPGCLshall 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 XxX, 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. IncaseofdefaultonpartofHPGCLundertheprovisionsofAllotmentAgreement due to reasons attributable to MDO/ its Contractors, which interaliaattracts any Penalty on HPGCL and/ or appropriation of Performance Securityfurnishedby HPGCL toGovt. of India and/orTerm...
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Related to AllotmentAgreement

  • Allotment 1.1 The Council agrees to let and the Tenant agrees to take the Allotment Garden (‘the Allotment’) situated at Aston Xxxxxxx Xxxxxx Council Allotment Gardens and referenced as Allotment plot «Plot_Number_» and Footpath Number «Footpath_Number» and shared footpath number

  • Subscription License A Subscription license will commence on the date specified in the Notification Form and continue in force for the fixed initial term specified therein. The license is firm and cannot be cancelled or otherwise reduced or terminated by Customer during the license term. On expiry of the initial term, the subscription license will terminate unless renewed. Unless otherwise stated in the applicable Notification Form, each subscription license will include the provision of Support Services.

  • Subscription Terms Contractor grants to a Purchasing Entity a license to: (i) access and use the Service for its business purposes; (ii) for IaaS, use underlying software as embodied or used in the Service; and (iii) view, copy, upload and download (where applicable), and use Contractor’s documentation. No Contractor terms, including standard click through license or website terms or use of privacy policy, shall apply to Purchasing Entities unless such terms are included in this Master Agreement.

  • NEGOTIATION OF A SUBSEQUENT AGREEMENT The parties agree to commence negotiations for a new collective agreement to succeed this Agreement at least 3 months before the nominal expiry date. The parties intend to conclude these negotiations prior to the nominal expiry date. These negotiations shall be conducted on a collective basis between the parties with the negotiated outcome being subject to approval of a vote of the employees collectively.

  • Subscription Term The transfer of Software Subscription(s) to Cloud Access does not change the start date or the duration of the original Software Subscription(s) and once your Software Subscription expires, your access to the Software Subscription in the Vendor’s Cloud will cease, unless otherwise renewed. You may renew your Software Subscription with Red Hat directly or an authorized partner.

  • MANAGEMENT RIGHTS CLAUSE SECTION 1. The Employer retains full and exclusive authority for the management of its operation subject to the provisions of this Agreement. The Employer shall direct his working forces at his sole prerogative including, but not limited to, hiring, promotion, transfer, layoff or discharge for just cause as traditionally practiced within the Construction Industry. The Employer shall utilize the most efficient methods or techniques of construction, tools or labor saving devices. There shall be no limitations upon the choice of materials or design except those imposed by safety and health considerations.

  • PROVISIONS OF THIS AGREEMENT APPLICABLE ALLOTTEE/ SUBSEQUENT ALLOTTEES It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the said Apartment/ Plot and the Project shall equally be applicable to and enforceable against and by any subsequent Allottee of the Apartment/ Plot, in case of a transfer, as the said obligations go along with the Apartment/ Plot for all intents and purposes.

  • Subscription Subject to the terms and conditions hereof, at the Closing (as defined below), Subscriber hereby agrees to subscribe for and purchase, and the Company hereby agrees to issue and sell to Subscriber, upon the payment of the Purchase Price, the Subscribed Shares (such subscription and issuance, the “Subscription”).

  • Purchase Option (Check One) ❏ - The Company shall allow the Recipient to void this agreement at any time and release all liability in connection with this agreement by payment to the Company in the amount of US Dollars ($ ). ❏ - The Company does not allow the Recipient to be released of liability from this agreement for any monetary amount or reason whatsoever.

  • Subscription Agreement The Dealer Manager will comply in all material respects with the subscription procedures and “Plan of Distribution” set forth in the Prospectus. Subscriptions will be submitted by the Dealer Manager and each Soliciting Dealer to the Company only on the form which is included as Exhibit B to the Prospectus. The Dealer Manager understands and acknowledges, and each Soliciting Dealer shall acknowledge, that the Subscription Agreement must be executed and initialed by the subscriber as provided for by the Subscription Agreement.

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