Common use of COMPLIANCE EVENTS Clause in Contracts

COMPLIANCE EVENTS. 24.1 The continued existence of this PPP Agreement is dependent upon the happening of certain events detailed in Annexure VIII (“Compliance Events”) and no construction and operational activities can commence until the fulfilment of the Compliance Events. The Private Party undertakes to use its best endeavours to ensure that the Compliance Events detailed in Annexure VIII are fulfilled to the satisfaction of SANParks as soon as is reasonably possible after the Signature Date.

Appears in 4 contracts

Samples: Memorandum of Agreement, Concession PPP Agreement, Memorandum of Agreement

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