Common use of GOVERNMENT AUTHORIZATION FOR PROJECT Clause in Contracts

GOVERNMENT AUTHORIZATION FOR PROJECT. 4.1 Applications by the Company for Government Authorizations (a) The Company shall make or cause to be made, in a timely fashion, all applications (whether initial or renewal applications) for the Government Authorizations in the Prescribed Form and with the Prescribed Fee to the appropriate Relevant Authorities and shall diligently pursue all such applications. The information supplied in the applications shall be complete and accurate and all such information and all designs, structures, undertakings, activities, construction and other matters proposed, described or identified therein shall satisfy the substantive and procedural requirements of the applicable Laws of Bangladesh applied in a “non- discriminatory” manner. (b) Within 60 (sixty) Days of the execution of this Agreement, the Company shall make application for all Government Authorizations specified in Schedule 1 and for which application is capable of being made under the Laws of Bangladesh by the end of such period, having due regard for the information available to the Company (which the Company shall use all reasonable efforts to obtain at the earliest possible date); provided, that for any such Government Authorizations for which application cannot be made within such 60 (sixty) Day period, application for each such Government Authorization shall be made within 7 (seven) Days of the first date on which application for such Government Authorization is capable of being made under the Laws of Bangladesh, having due regard for the information available to the Company. In respect of the Government Authorizations in Schedule 1, in the event that any Relevant Authority is not satisfied with the form or substance of the application or with the information supplied in the application for a Government Authorization or if the required fees or charges are not paid in accordance with the applicable requirements under the Laws of Bangladesh, including without limitation non-compliance with or non-satisfaction of any of the substantive or procedural requirements of the Laws of Bangladesh, such Relevant Authority may deliver notice thereof to the Company within 7 (seven) Business Days of the receipt by such Relevant Authority of such application (or with respect to any required fees or charges, within 7 (seven) Business Days following the date by which such fees and charges are required to be paid). If the Relevant Authority does not notify the Company of the non- acceptance of such application in writing within either such 7 (seven) Business Day period, it shall be deemed at the expiry of such 7 (seven) Business Day periods that the application was complete in all respects.