Common use of Divestment costs etc Clause in Contracts

Divestment costs etc. 18.3.1 The Operator shall bear and pay all costs incidental to divestment of all of the rights, title and interest of the Operator in the Project Assets in favor of the Authority upon Termination, save and except that all stamp duties payable on any deeds or Documents executed by the Operator in connection with such divestment shall be borne by the Authority.

Appears in 4 contracts

Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement, Operation and Maintenance Agreement

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Divestment costs etc. 18.3.1 26.5.1 The Operator shall bear and pay all costs incidental to divestment of all of the rights, title and interest of the Operator in the Project Assets in favor favour of the Authority upon Completion/Option to Exit/Termination, save and except that all stamp duties payable on any deeds or Documents executed by the Operator in connection with such divestment Divestment shall be borne by the Authority. 26.5.2 In the event of any Dispute relating to matters covered by and under this Article 32, the Dispute Resolution Procedure shall apply.

Appears in 2 contracts

Samples: Operation & Maintenance Agreement, Operation & Maintenance Agreement

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