Common use of Collection and appropriation of Fee Clause in Contracts

Collection and appropriation of Fee. 27.1.1 On and from the COD till the Transfer Date, the Concessionaire shall have the sole and exclusive right to demand, collect and appropriate Fee from the Users of the Project in accordance with this Agreement and the Toll Notification set forth in Schedule-R; provided that for ease of payment and collection, such Fee shall be rounded off to the nearest 5 (five) rupees in accordance with the Toll Notification; provided further that the Concessionaire may determine and collect Fee at such lower rates as it may, by public notice to the Users, specify in respect of all or any category of Users or vehicles. 27.1.2 The Concessionaire acknowledges and agrees that upon payment of Fee, any User shall be entitled to use the Project as the case may be and the Concessionaire shall not place, or cause to be placed, any restriction on such use, except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. 27.1.3 The Concessionaire acknowledges and agrees that any User who is not liable for payment of the Fee shall be entitled to use the Project without any restrictions, except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. For the avoidance of doubt, the Concessionaire hereby acknowledges that Exempted Vehicles are not liable to payment of Fee.

Appears in 1 contract

Samples: Concession Agreement

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Collection and appropriation of Fee. 27.1.1 On and from the COD till the Transfer Date, the Concessionaire shall have the sole and exclusive right to demand, collect and appropriate Fee fee from the Users of the Project in accordance with this Agreement and the Toll Fee Notification set forth in Schedule-R; provided that for ease of payment and collection, such Fee fee shall be rounded off of to the nearest 5 (five5(five) rupees in accordance with the Toll Fee Notification; provided further that the Concessionaire may determine and collect Fee at such lower rates as it may, by public notice to the Users, specify in respect of all or any category of Users or vehicles. 27.1.2 The Concessionaire acknowledges and agrees that upon payment of Fee, Fee any User shall be entitled to use the Project as the case may be Highway and the Concessionaire shall not place, place or cause to be placed, placed any restriction on such use, use except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. 27.1.3 The Concessionaire acknowledges and agrees that any User who is not liable for payment of the Fee shall be entitled to use the Project Highway without any restrictions, restrictions except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. For the avoidance of doubt, the Concessionaire hereby acknowledges that Exempted Vehicles are not liable to payment of Fee.

Appears in 1 contract

Samples: Concession Agreement

Collection and appropriation of Fee. 27.1.1 On and from the COD till the Transfer Date, the Concessionaire shall have the sole and exclusive right to demand, collect and appropriate Fee from the Users of the Project in accordance with this Agreement and the Toll Notification fee notification set forth in Schedule-R; (provided that for ease of payment and collection, such Fee shall be rounded off to the nearest 5 (five) rupees in accordance with the Toll NotificationFee notification ; provided further that the Concessionaire may determine and collect Fee at such lower rates as it may, by public notice to the Users, specify in respect of all or any category of Users or vehicles. 27.1.2 The Parties acknowledge that a notification for levy and collection of Fee has been issued by the Government under Section-2 read with Section -4 of the Indian Tolls Act,1851 (Vol. VIII of 1851) (the “Fee Notification”) and a copy of thereof is set forth in Schedule-R. 27.1.3 The Concessionaire acknowledges and agrees that upon payment of Fee, any User shall be entitled to use the Project as the case may be Highway and the Concessionaire shall not place, or cause to be placed, any restriction on such use, except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. 27.1.3 27.1.4 The Concessionaire acknowledges and agrees that any User who is not liable for payment of the Fee shall be entitled to use the Project Highway without any restrictions, except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. For the avoidance of doubt, the Concessionaire hereby acknowledges that Exempted Vehicles are not liable to payment of Fee.

Appears in 1 contract

Samples: Concession Agreement

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Collection and appropriation of Fee. 27.1.1 On and from the COD till the Transfer Date, the Concessionaire shall have the sole and exclusive right to demand, collect and appropriate Fee fee from the Users of the Project in accordance with this Agreement and the Toll Fee Notification set forth in Schedule-R; provided that for ease of payment and collection, such Fee fee shall be rounded off of to the nearest 5 (five1(one) rupees in accordance with the Toll Fee Notification; provided further that the Concessionaire may determine and collect Fee at such lower rates as it may, by public notice to the Users, specify in respect of all or any category of Users or vehicles. 27.1.2 The Concessionaire acknowledges and agrees that upon payment of Fee, Fee any User shall be entitled to use the Project as the case may be Highway and the Concessionaire shall not place, place or cause to be placed, placed any restriction on such use, use except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. 27.1.3 The Concessionaire concessionaire acknowledges and agrees that any User who is not liable for payment of the Fee shall be entitled to use the Project Highway without any restrictions, restrictions except to the extent specified in any Applicable Law, Applicable Permit or the provisions of this Agreement. For the avoidance of doubt, the Concessionaire hereby acknowledges that Exempted exempted Vehicles are not liable to payment of Fee.

Appears in 1 contract

Samples: Concession Agreement

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