Common use of Divestment costs etc Clause in Contracts

Divestment costs etc. The Concessionaire shall bear and pay all costs incidental to divestment of all of the rights, title and interest of the Concessionaire in the Project Highway in favour of the Authority upon Termination save and except that all stamp duties payable on any deeds or Documents executed by the Concessionaire in connection with such divestment shall be borne by the Authority. In the event of any dispute relating to matters covered by and under this Article 31, the Dispute Resolution Procedure shall apply.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Divestment costs etc. The Concessionaire shall bear and pay all costs incidental to divestment of all of the rights, title and interest of the Concessionaire in the Project Highway in favour of the Authority upon Termination Termination, save and except that all stamp duties payable on any deeds or Documents executed by the Concessionaire in connection with such divestment shall be borne by the Authority. In the event of any dispute relating to matters covered by and under this Article 3138, the Dispute Resolution Procedure shall apply.

Appears in 1 contract

Samples: Model Concession Agreement

Divestment costs etc. ‌ 31.6.1. The Concessionaire shall bear and pay all costs incidental to divestment of all of the rights, title and interest of the Concessionaire in the Project Highway in favour of the Authority upon Termination save and except that all stamp duties payable on any deeds or Documents executed by the Concessionaire in connection with such divestment shall be borne by the Authority. 31.6.2. In the event of any dispute relating to matters covered by and under this Article 31, the Dispute Resolution Procedure shall apply.

Appears in 1 contract

Samples: Concession Agreement

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Divestment costs etc. The Concessionaire shall bear and pay all costs incidental to divestment of all of the rights, rights title and interest of the Concessionaire in the Project Highway in favour favor of the Authority MPRDC upon Termination Termination, save and except that all stamp duties payable on any deeds or Documents executed by the Concessionaire in connection with such divestment shall be borne by the Authority. In the event of any dispute relating to matters covered by and under this Article 31, the Dispute Resolution Procedure shall applyMPRDC.

Appears in 1 contract

Samples: Concession Agreement

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