Common use of Extension of Concession Period Clause in Contracts

Extension of Concession Period. Subject to the provisions of Clause 29.5, in the event that a material default or breach of this Agreement set forth in Clause 29.2 causes delay in achieving COD, MOR shall, in addition to payment of compensation under Clause 29.2, extend the Concession Period, such extension being equal in duration to the period by which COD was delayed.

Appears in 4 contracts

Samples: Model Agreement, Model Agreement, Model Agreement

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Extension of Concession Period. Subject to the provisions of Clause 29.532.5, in the event that a material default or breach of this Agreement set forth in Clause 29.2 32.2 causes delay in achieving COD, MOR shall, in addition to payment of compensation under Clause 29.232.2, extend the Concession Period, such extension being equal in duration to the period by which COD was delayed.

Appears in 3 contracts

Samples: Model Agreement, Model Agreement, Model Agreement

Extension of Concession Period. Subject to the provisions of Clause 29.5, in In the event that a material default or breach of this Agreement set forth in Clause 29.2 32.2 causes delay in achieving COD, MOR the Authority shall, in addition to payment of compensation under Clause 29.232.2, extend the Concession Period, such extension being equal in duration to the period by which COD was delayed.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Extension of Concession Period. Subject to the provisions of Clause 29.5, in In the event that a material default or breach of this Agreement set forth in Clause 29.2 32.2 causes delay in achieving COD, MOR the Authority shall, in addition to payment of compensation under Clause 29.232.3, extend the Concession Period, such extension being equal in duration to the period by which COD was delayed.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Extension of Concession Period. Subject to the provisions of Clause 29.528.5, in the event that a material default or breach of this Agreement set forth in Clause 29.2 28.2 causes delay in achieving COD, MOR the Authority shall, in addition to payment of compensation under Clause 29.228.2, extend the Concession Period, such extension being equal in duration to the period by which COD was delayed.

Appears in 2 contracts

Samples: Draft Concession Agreement, Draft Concession Agreement

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