Appointment of Mine Developer and Operator Sample Clauses

Appointment of Mine Developer and Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, Applicable Laws and the Applicable Permits, TANGEDCO hereby appoints the Project Company formed by Successful Bidder as the Mine Developer and Operator to Develop and operate the Mines and to excavate Coal for Delivery thereof (of the prescribed quantity and quality through opencast mining) to the TANGEDCO for the period upto the Life of Mine as per approved Plan or early termination thereof, commencing from the date of signing of the Coal Mining Agreement, and the Mine Developer and Operator hereby accepts such appointment and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Mines are exhausted and the Mine Closure activities and Monitoring as required in approved Mine closure plan are carried out to the complete satisfaction of Coal Controller Organisation and/ or other Statutory Authorities and TANGEDCO.
Sample 1
AutoNDA by SimpleDocs
Appointment of Mine Developer and Operator. Subject to and in accordance with the provisions of this Agreement, Applicable Laws and the Applicable Permits, HPGCL hereby appoints the Mine Developer and Operator to explore, plan, develop and operate & maintain the Mines and to excavate Coal for Delivery thereof to HPGCL for the period of 33 years starting on and from the LOA Date or till the Life of Mine (the "LOM") or till expiry / Termination of the Mining lease or till Termination of Allotment Agreement, or till the date of Termination of this Agreement by HPGCL whichever occurs earlier, commencing from the LOA Date and the Mine Developer and Operator hereby accepts such appointment and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided that, not later than 1 year before the expiry of the Contract Period, the Parties may, with mutual Agreement, extend the Contract Period for such further period and on such terms and conditions as the Parties may mutually agree (the “Extended Contract Period”)
Sample 1

Related to Appointment of Mine Developer and Operator

  • STANDARDS OF MANAGEMENT AND OPERATIONS In performing its obligations hereunder, during the term of this ESA, the Competitive Supplier shall exercise reasonable care to assure that its facilities are prudently and efficiently managed; that it employs an adequate number of competently trained and experienced personnel to carry out its responsibilities; that it delivers or arranges to deliver a safe and reliable supply of such amounts of electricity to the Point of Delivery as are required under this ESA; that it complies with all relevant industry standards and practices for the supply of electricity to Participating Consumers; and that, at all times with respect to Participating Consumers, it exercises good practice for a Competitive Supplier and employs Commercially Reasonable skills, systems and methods available to it.

Time is Money Join Law Insider Premium to draft better contracts faster.