Claims Management. 13.1. The Management Venture will alert as to potential claims expected to be received from contractors, suppliers, the concessionaire and any other agent involved in the Project. The alerts will be documented in monthly reports that will be submitted to the Company. 13.2. The Management Venture will manage, handle, advise to and assist in legal and quasi-legal proceedings that the Company will handle and/or in which the Company will be engaged in connection with the Project, inter alia in relation to contractors, consultants and/or in relation to any third party that was involved in the Project. In the framework of the above, the Management Venture will be required to be well familiar with the provisions of all the relevant legal and engineering documents in such proceedings, provide affidavits, attend legal proceedings and quasi-legal proceedings for the purpose of providing testimonies, participate in preliminary hearings and preliminary discussions to such legal proceedings and quasi-legal proceedings as well as provide expert opinions and provide testimonies as may be necessary until the end of the relevant statute of limitations period in connection with such claims. 13.3. The Management Venture will provide preliminary assessment pertaining to any claim that will be received from the designer of the Project, contractors, consultants and so forth in terms of cost, time expenditure, implications for the Project and the chances of the claim to succeed, and will provide recommendations as to the course of action relating to the claim. 13.4. The Management Venture will prepare a periodic report as to claims status. 13.5. The Company may order the Management Venture and the Management Team Members, as it may decide, to provide to it assistance in legal proceedings, including providing testimony and an opinion in the field of expertise, recovery of information and issues that will arise during the provision of the Services, analysis of claims and so forth, this for a period not exceeding seven (7) years after the completion of Project Stage “7”. 13.6. The Total Consideration (as defined in Appendix A to the Agreement), includes the entire consideration for providing advice to claims through the period until the end of the first two (2) years after the completion of Project Stage “7”, and the Management Venture will not be entitled to any additional consideration for such advice to claims. For the advice to claims commencing from the end of two (2) years from the date of completion of Project Stage “7”, the Management Venture will be entitled to consideration as set forth in the provisions of section 6 of Appendix C of the Agreement (Consideration for Changes in Scope and Contents of the Services).
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Claims Management. 13.1. The Management Venture will alert as to potential claims expected to be received from contractors, suppliers, the concessionaire Concessionaire and any other agent involved in the Project. The alerts will be documented in monthly reports that will be submitted to the Company.
13.2. The Management Venture will manage, handle, advise to and assist in legal and quasi-legal proceedings that the Company will handle and/or in which the Company will be engaged in connection with the Project, inter alia in relation to contractors, consultants and/or in relation to any third party that was involved in the Project. In the framework of the above, the Management Venture will be required to be well familiar with the provisions of all the relevant legal and engineering documents in such proceedings, provide affidavits, attend legal proceedings and quasi-legal proceedings for the purpose of providing testimonies, participate in preliminary hearings and preliminary discussions to such legal proceedings and quasi-legal proceedings as well as provide expert opinions and provide testimonies as may be necessary until the end of the relevant statute of limitations period in connection with such claims.
13.3. The Management Venture will provide preliminary assessment pertaining to any claim that will be received from the designer of the Project, contractors, consultants and so forth in terms of cost, time expenditure, implications for the Project and the chances of the claim to succeed, and will provide recommendations as to the course of action relating to the claim.
13.4. The Management Venture will prepare a periodic report as to claims status.
13.5. The Company may order the Management Venture and the Management Team Members, as it may decide, to provide to it assistance in legal proceedings, including providing testimony and an opinion in the field of expertise, recovery of information and issues that will arise during the provision of the Services, analysis of claims and so forth, this for a period not exceeding seven (7) years after the completion of Project Stage “7”.
13.6. The Total Basic Services Consideration (as defined in Appendix A to the Agreement), includes the entire consideration for providing advice counsel to claims through the period until the end of the first two (2) years after the completion of Project Stage “7”, and the Management Venture will not be entitled to any additional consideration for such advice counsel to claims. For the advice The Basic Services Consideration does not include counsel to claims commencing from the end of two (2) years from the date of completion of Project Stage “7”, the Management Venture will be entitled to consideration as set forth in the provisions Tables 1 and 2 of section 6 of Addendum 2 to Appendix C of the Agreement (Consideration for Changes in Scope and Contents Agreement, according to the scope of the Services)counsel to claims services which will be actual provided in practice .
Appears in 1 contract
Claims Management. 13.1. The Management Venture will alert as to potential claims expected to be received from contractors, suppliers, the concessionaire and any other agent involved in the Project. The alerts will be documented in monthly reports that will be submitted to the Company.
13.2. The Management Venture will manage, handle, advise to and assist in legal and quasi-legal proceedings that the Company will handle and/or in which the Company will be engaged in connection with the Project, inter alia in relation to contractors, consultants and/or in relation to any third party that was involved in the Project. In the framework of the above, the Management Venture will be required to be well familiar with the provisions of all the relevant legal and engineering documents in such proceedings, provide affidavits, attend legal proceedings and quasi-legal proceedings for the purpose of providing testimonies, participate in preliminary hearings and preliminary discussions to such legal proceedings and quasi-legal proceedings as well as provide expert opinions and provide testimonies as may be necessary until the end of the relevant statute of limitations period in connection with such claims.
13.3. The Management Venture will provide preliminary assessment pertaining to any claim that will be received from the designer of the Project, contractors, consultants and so forth in terms of cost, time expenditure, implications for the Project and the chances of the claim to succeed, and will provide recommendations as to the course of action relating to the claim.
13.4. The Management Venture will prepare a periodic report as to claims status.
13.5. The Company may order the Management Venture and the Management Team Members, as it may decide, to provide to it assistance in legal proceedings, including providing testimony and an opinion in the field of expertise, recovery of information and issues that will arise during the provision of the Services, analysis of claims and so forth, this for a period not exceeding seven (7) years after the completion of Project Stage “7”.
13.6. The Total Basic Services Consideration (as defined in Appendix A to the Agreement), includes the entire consideration for providing advice counsel to claims through the period until the end of the first two (2) years after the completion of Project Stage “7”, and the Management Venture will not be entitled to any additional consideration for such advice counsel to claims. For the advice The Basic Services Consideration does not include counsel to claims commencing from the end of two (2) years from the date of completion of Project Stage “7”, the Management Venture will be entitled to consideration as set forth in the provisions Tables 1 and 2 of section 6 of Addendum 2 to Appendix C of the Agreement (Consideration for Changes in Scope and Contents Agreement, according to the scope of the Services)counsel to claims services which will be actual provided in practice .
Appears in 1 contract
Claims Management. 13.1. The Management Venture will alert as to potential claims expected to be received from contractors, suppliers, the concessionaire concessionaireConcessionaire and any other agent involved in the Project. The alerts will be documented in monthly reports that will be submitted to the Company.
13.2. The Management Venture will manage, handle, advise to and assist in legal and quasi-legal proceedings that the Company will handle and/or in which the Company will be engaged in connection with the Project, inter alia in relation to contractors, consultants and/or in relation to any third party that was involved in the Project. In the framework of the above, the Management Venture will be required to be well familiar with the provisions of all the relevant legal and engineering documents in such proceedings, provide affidavits, attend legal proceedings and quasi-legal proceedings for the purpose of providing testimonies, participate in preliminary hearings and preliminary discussions to such legal proceedings and quasi-legal proceedings as well as provide expert opinions and provide testimonies as may be necessary until the end of the relevant statute of limitations period in connection with such claims.
13.3. The Management Venture will provide preliminary assessment pertaining to any claim that will be received from the designer of the Project, contractors, consultants and so forth in terms of cost, time expenditure, implications for the Project and the chances of the claim to succeed, and will provide recommendations as to the course of action relating to the claim.
13.4. The Management Venture will prepare a periodic report as to claims status.
13.5. The Company may order the Management Venture and the Management Team Members, as it may decide, to provide to it assistance in legal proceedings, including providing testimony and an opinion in the field of expertise, recovery of information and issues that will arise during the provision of the Services, analysis of claims and so forth, this for a period not exceeding seven (7) years after the completion of Project Stage “7”.
13.6. The Total Basic Services Consideration (as defined in Appendix A to the Agreement), includes the entire consideration for providing advice counsel to claims through the period until the end of the first two (2) years after the completion of Project Stage “7”, and the Management Venture will not be entitled to any additional consideration for such advice counsel to claims. For the advice The Basic Services Consideration does not include counsel to claims commencing from the end of two (2) years from the date of completion of Project Stage “7”, the Management Venture will be entitled to consideration as set forth in the provisions Tables 1 and 2 of section 6 of Addendum 2 to Appendix C of the Agreement (Consideration for Changes in Scope and Contents Agreement, according to the scope of the Services)counsel to claims services which will be actual provided in practice .
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