Common use of DELAY IN PROCUREMENT Clause in Contracts

DELAY IN PROCUREMENT. 13.9.1 In the event the Operator is unable to procure any Bus as per this Article 13, for reasons not attributable to the Authority or due to a Force Majeure Event, the Operator shall pay Damages at the rate of [0.1 % (zero point one per cent) of the Performance Security] for each day of delay for each Bus (whose procurement is delayed) till the date of procurement of such Bus.

Appears in 2 contracts

Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement

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DELAY IN PROCUREMENT. 13.9.1 In the event the Operator is unable to procure any Bus as per this Article 13, for reasons not directly attributable to the Authority or due to a Force Majeure Delay Event, the Operator shall pay Damages at the rate of [0.1 % (zero point one per cent) of the Performance Security] for each day of delay for each Bus (whose procurement is delayed) till the date of procurement of such Bus.of

Appears in 1 contract

Samples: Concession Agreement

DELAY IN PROCUREMENT. 13.9.1 In the event the Operator is unable to procure any Bus as per this Article 13, for reasons not attributable to the Authority or due to a Force Majeure Event, the Operator shall pay Damages at the rate of [0.1 % (zero point one per cent) of the Performance Security] for each day of delay for each Bus (whose procurement is delayed) till the date of procurement of such Bus.

Appears in 1 contract

Samples: Operation and Maintenance Agreement

DELAY IN PROCUREMENT. 13.9.1 In the event the Operator is unable to procure any Bus as per this Article 13, for 13for reasons not attributable to the Authority or due to a Force Majeure Event, the Operator shall pay Damages at the rate of [0.1 0.4 % (zero point one per cent) of the Performance Security] Security equivalent to one bus for each day of delay for each Bus (whose procurement is delayed) till the date of procurement of such Bus.

Appears in 1 contract

Samples: Chapter Iv

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DELAY IN PROCUREMENT. 13.9.1 In the event the Operator is unable to procure any Bus as per this Article 13, for reasons not attributable to the Authority or due to a Force Majeure Event, the Operator shall pay Damages at the rate of [0.1 0.2 % (zero point one per cent) of the Performance Security] Securityequivalent to one bus for each day of delay for each Bus (whose procurement is delayed) till the date of procurement of such Bus.

Appears in 1 contract

Samples: Operation and Maintenance Agreement

DELAY IN PROCUREMENT. 13.9.1 In the event the Operator is unable to procure any Bus as per this Article 13, for reasons not attributable to the Authority or due to a Force Majeure Event, the Operator shall pay Damages at the rate of [0.1 % (zero point one per cent) of the Performance Security] Security for each day of delay for each Bus (whose procurement is delayed) till the date of procurement of such Bus.

Appears in 1 contract

Samples: Operation and Maintenance Agreement

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