Common use of Authority to act on behalf of Concessionaire Clause in Contracts

Authority to act on behalf of Concessionaire. 29.2.1 During the period of Suspension, the Authority shall, on behalf of the Concessionaire, collect all Fee and revenues under and in accordance with this Agreement and pay the balance remaining after setting off the costs incurred by it for remedying and rectifying the cause of Suspension. 29.2.2 During the period of Suspension hereunder, all rights and liabilities vested in the Concessionaire in accordance with the provisions of this Agreement shall continue to vest therein and all things done or actions taken including expenditure incurred by the Authority for discharging the obligations of the Concessionaire under and in accordance with this Agreement and the Project Agreements shall be deemed to have been done or taken for and on behalf of the Concessionaire and the Concessionaire undertakes to indemnify the Authority for all costs incurred during such period. The Concessionaire hereby licences and sub-licences respectively, the Authority or any other person authorised by it under Clause 29.1 to use during Suspension, all Intellectual Property belonging to or licenced to the Concessionaire with respect to the Project Road and its, operation and maintenance, and which is used or created by the Concessionaire in performing its obligations under the Agreement.

Appears in 1 contract

Samples: Concession Agreement

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Authority to act on behalf of Concessionaire. 29.2.1 28.2.1 During the period of Suspension, the Authority shall, on behalf of the Concessionaire, collect all Fee and revenues under and in accordance with this Agreement and pay deposit the balance remaining after setting off same in the costs incurred by it for remedying and rectifying the cause of SuspensionEscrow Account. 29.2.2 28.2.2 During the period of Suspension hereunder, all rights and liabilities vested in the Concessionaire in accordance with the provisions of this Agreement shall continue to vest therein in the Concessionaire and all things done or actions taken taken, including expenditure incurred by the Authority for discharging the obligations of the Concessionaire under and in accordance with this Agreement and the Project Agreements Agreement, shall be deemed to have been done or taken for and on behalf of the Concessionaire and the Concessionaire undertakes to indemnify the Authority for all costs incurred incurred- during such period. The Concessionaire hereby licences licenses and sub-licences licenses respectively, the Authority or any other person authorised authorized by it under Clause 29.1 Article 28.1 to use during Suspension, all Intellectual Property belonging to or licenced licensed to the Concessionaire with respect to the Project Road and itsits design, engineering, construction, operation and maintenance, and which is used or created by the Concessionaire in performing its obligations under the Agreement.

Appears in 1 contract

Samples: Concession Agreement

Authority to act on behalf of Concessionaire. 29.2.1 28.2.1 During the period of Suspension, the Authority shall, on behalf of the Concessionaire, collect all Fee and revenues under and in accordance with this Agreement and pay deposit the balance remaining after setting off same in the costs incurred by it for remedying and rectifying the cause of SuspensionEscrow Account. 29.2.2 28.2.2 During the period of Suspension hereunder, all rights and liabilities vested in the Concessionaire in accordance with the provisions of this Agreement shall continue to vest therein in the Concessionaire and all things done or actions taken taken, including expenditure incurred by the Authority for discharging the obligations of the Concessionaire under and in accordance with this Agreement and the Project Agreements Agreement, shall be deemed to have been done or taken for and on behalf of the Concessionaire and the Concessionaire undertakes to indemnify the Authority for all costs incurred incurred- during such period. The Concessionaire hereby licences licenses and sub-licences licenses respectively, the Authority or any other person authorised authorized by it under Clause 29.1 Article28.1 to use during Suspension, all Intellectual Property belonging to or licenced licensed to the Concessionaire with respect to the Project Road and itsits design, engineering, construction, operation and maintenance, and which is used or created by the Concessionaire in performing its obligations under the Agreement.

Appears in 1 contract

Samples: Concession Agreement

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Authority to act on behalf of Concessionaire. 29.2.1 During the period of Suspension, the Authority shall, on behalf of the Concessionaire, collect all Fee and revenues under and in accordance with this Agreement and pay the balance remaining after setting off the costs incurred by it for remedying and rectifying the cause of Suspension. 29.2.2 During the period of Suspension hereunder, all rights and liabilities vested in the Concessionaire in accordance with the provisions of this Agreement shall continue to vest therein and all things done or actions taken including expenditure incurred by the Authority for discharging the obligations of the Concessionaire under and in accordance with this Agreement and the Project Agreements shall be deemed to have been done or taken for and on behalf of the Concessionaire and the Concessionaire undertakes to indemnify the Authority for all costs incurred during such period. The Concessionaire hereby licences and sub-licences respectively, the Authority or any other person authorised by it under Clause Clause 29.1 to use during Suspension, all Intellectual Property belonging to or licenced to the Concessionaire with respect to the Project Road Highway and its, operation and maintenance, and which is used or created by the Concessionaire in performing its obligations under the Agreement.

Appears in 1 contract

Samples: Concession Agreement

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