Common use of Alterations, Modifications or Expansion Clause in Contracts

Alterations, Modifications or Expansion. 5.8.1 The Developer may with the prior approval of the Authority and subject to maximum ground coverage of 50% (fifty percent) and FAR of 1.00 (one) of the total land area and in adherence to Applicable Law and Applicable Permits, carry out necessary alterations or modifications to the Project Facilities or undertake new construction. The above limits on ground coverage and FAR will be inclusive of the already built-up area. Provided however that such alteration, modification or new construction, shall not at any time cause any damage or have a dangerous effect on either the stability of the Project Facilities or otherwise adversely affect the safety of the users of the Project Facilities. The said Project Facilities is required to be operated after obtaining the approval of the Authority in writing. Prior to undertaking any alteration, modifications or expansion, the Developer shall submit to the Authority a proposal (hereinafter referred to as “Modification Proposal”) clearly describing such alteration, modifications or expansion and its impact on the structural stability of the Project Facilities, at least sixty (60) days prior to carrying out such demolition. Any such proposal submitted by the Developer will be approved by the Authority within 30 days of receipt after thorough examination of the proposal. The Authority shall not withhold approval without any genuine cause except in case of national/state/society or public interest.

Appears in 12 contracts

Samples: Project Development and Management Agreement, Project Development and Management Agreement, Project Development and Management Agreement

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