Common use of Effect of Force Majeure Event on the Concession Clause in Contracts

Effect of Force Majeure Event on the Concession. 33.6.1 Upon the occurrence of any Force Majeure Event prior to the Appointed Date, the period set forth in Clause 24.1.1 for achieving Financial Close shall be extended by a period equal in length to the duration of the Force Majeure Event. 33.6.2 At any time after the Appointed Date, if any Force Majeure Event occurs: (a) before COD, the Concession Period and the dates set forth in the Project Completion Schedule shall be extended by a period equal in length to the duration for which such Force Majeure Event subsists; or (b) after COD, whereupon the Concessionaire is unable to collect Fee despite making best efforts or it is directed by the Authority to suspend the collection thereof during the subsistence of such Force Majeure Event, the Concession Period shall be extended by a period, equal in length to the period during which the Concessionaire was prevented from collection of Fee on account thereof.

Effect of Force Majeure Event on the Concession. 33.6.1 29.6.1 Upon the occurrence of any Force Majeure Event prior to the Appointed Date, the period set forth in Clause 24.1.1 21.1.1 for achieving Financial Close shall be extended by a period equal in length to the duration of the Force Majeure Event. 33.6.2 29.6.2 At any time after the Appointed Date, if any Force Majeure Event occurs: (a) before COD, the Concession Period and the dates set forth in the Project Completion Schedule shall be extended by a period equal in length to the duration for which such Force Majeure Event subsists; or (b) after COD, whereupon the Concessionaire is unable to collect operate the Service System and charge Fee despite making best efforts or it is directed by the Authority to suspend the collection Services thereof during the subsistence of such Force Majeure Event, the Concession Period shall be extended by a period, equal in length to the period during which the Concessionaire was prevented from collection of Fee on account thereof; the Authority shall extend the Concession Period in proportion to the loss of Fee on a daily basis.

Effect of Force Majeure Event on the Concession. 33.6.1 22.6.1 Upon the occurrence of any Force Majeure Event prior to the Appointed DateDate of L.O.A., the period set forth in Clause 24.1.1 18.1.1 for achieving Financial Close shall be extended by a period equal in length to the duration of the Force Majeure Event. 33.6.2 22.6.2 At any time after the Appointed DateDate of L.O.A., if any Force Majeure Event occurs: (a) before COD, the Concession Period and the dates set forth in the Project Scheduled Completion Schedule Date shall be extended by a period equal in length to the duration for which such Force Majeure Event subsists; or (b) after COD, whereupon the Concessionaire is unable to collect Fee MCGM rates despite making best efforts or it is directed by the Authority to suspend the collection thereof during the subsistence of such Force Majeure Event, the Concession Period shall be extended by a period, equal in length to the period during which the Concessionaire was prevented from collection of Fee MCGM rates on account thereof.

Effect of Force Majeure Event on the Concession. 33.6.1 32.6.1 Upon the occurrence of any Force Majeure Event prior to the Appointed Date, the period set forth in Clause 24.1.1 for achieving Financial Close shall be extended by a period equal in length to the duration of the Force Majeure Event. 33.6.2 32.6.2 At any time after the Appointed Date, if any Force Majeure Event occurs: (a) before COD, the Concession Period and the dates set forth in the Project Completion Schedule shall be extended by a period equal in length to the duration for which such Force Majeure Event subsists; or (b) after COD, whereupon the Concessionaire is unable to collect Fee despite making best efforts or it is directed by the Authority to suspend the collection thereof during the subsistence of such Force Majeure Event, the Concession Period shall be extended by a period, equal in length to the period during which the Concessionaire was prevented from collection of Fee on account thereof.