Common use of FOR THE TRANSPORTATION NETWORK Clause in Contracts

FOR THE TRANSPORTATION NETWORK. 13.3.1. The CONTRACTOR may, within six (06) months of the INVESTMENT PERIOD of the TRANSPORTATION NETWORK request FITEL the expansion of the AWARDED PROJECT to new district capitals. Such extension shall not exceed twenty percent (20%) of the amount of FUNDING AWARDED 13.3.2. The new beneficiary localities to be selected must belong to new district capitals within the area of influence of the AWARDED PROJECT, which will be included as Annex to the Addendum of the FINANCING AGREEMENT which approves the EXPANSION of the AWARDED PROJECT. 13.3.3. The EXPANSION of the AWARDED PROJECT will be formalized through the signing of an addendum to the FINANCING AGREEMENT, for which it will apply the provisions of this clause.

Appears in 3 contracts

Samples: Financing Agreement (Gilat Satellite Networks LTD), Financing Agreement (Gilat Satellite Networks LTD), Financing Agreement (Gilat Satellite Networks LTD)

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FOR THE TRANSPORTATION NETWORK. 13.3.1. The CONTRACTOR may, within six first eight (0608) months of the INVESTMENT PERIOD of the TRANSPORTATION NETWORK request FITEL the expansion of the AWARDED PROJECT to new district capitals. Such extension shall not exceed twenty percent (20%) of the amount of FUNDING AWARDEDOF THE TRANSPORT NETWORK. 13.3.2. The new beneficiary localities to be selected must belong to new district capitals within the area of influence of the AWARDED PROJECT, which will be included as Annex to the Addendum of the FINANCING AGREEMENT which approves the EXPANSION of the AWARDED PROJECT. 13.3.3. The EXPANSION of the AWARDED PROJECT will be formalized through the signing of an addendum to the FINANCING AGREEMENT, for which it will apply the provisions of this clause.

Appears in 1 contract

Samples: Financing Agreement (Gilat Satellite Networks LTD)

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