Incidents En-Route. 16.6.1 In case of Breakdown of a Bus during normal course of Operations, the Operator shall immediately inform the Control Centre and its maintenance team whereupon the Operator shall ensure speedy tow-away of the affected Bus within [{2 (two) hours}] of Breakdown. The Operator shall immediately provide a replacement Bus to complete the route after such Bus failure, failing which it will be deemed as an Operator Default and the Operator shall be liable to pay Damages at the rate of [0.01% (zero point zero one percent)] of the Performance Security.
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Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement
Incidents En-Route. 16.6.1 In case of Breakdown breakdown of a Bus during normal course of Operations, the Operator shall immediately inform the Control Centre and its maintenance team whereupon the Operator shall ensure speedy tow-away of the affected Bus within [{2 (two) hours}] of Breakdownbreakdown. The Operator shall immediately provide a replacement Bus to complete the route after such Bus failure, failing which it will be deemed as an Operator Event of Default and the Operator shall be liable to pay Damages at the rate of [0.01% (zero point zero one percent)] 0.01]% of the Performance Security.
Appears in 1 contract
Samples: Operation and Maintenance Agreement
Incidents En-Route. 16.6.1 In case of Breakdown breakdown of a Bus during normal course of Operations, the Operator shall immediately inform the Control Centre and its maintenance team whereupon the Operator shall ensure speedy tow-away of the affected Bus within [{2 (two) hours}] hours of Breakdownbreakdown. The Operator shall immediately provide a replacement Bus to complete the route after such Bus failure, failing which it will be deemed as an Operator Event of Default and the Operator shall be liable to pay Damages at the rate of [0.010.2% (zero point zero one percent)] of the Performance SecuritySecurity equivalent to one bus, per bus on each occasion.
Appears in 1 contract
Samples: Chapter Iv
Incidents En-Route. 16.6.1 In case of Breakdown breakdown of a Bus during normal course of Operations, the Operator shall immediately inform the Control Centre and its maintenance team whereupon the Operator shall ensure speedy tow-away of the affected Bus within [{2 (two) hours}] hours of Breakdownbreakdown. The Operator shall immediately provide a replacement Bus to complete the route after such Bus failure, failing which it will be deemed as an Operator Event of Default and the Operator shall be liable to pay Damages at the rate of [0.01% (zero point zero one percent)] of the Performance SecuritySecurity per bus on each occasion.
Appears in 1 contract
Samples: Operation and Maintenance Agreement
Incidents En-Route. 16.6.1 In case of Breakdown breakdown of a Bus during normal course of Operations, the Operator shall immediately inform the Control Centre and its maintenance team whereupon the Operator shall ensure speedy tow-tow- away of the affected Bus within [{2 (two) hours}] hours of Breakdownbreakdown. The Operator shall immediately provide a replacement Bus to complete the route after such Bus failure, failing which it will be deemed as an Operator Event of Default and the Operator shall be liable to pay Damages at the rate of [0.010.2% (zero point zero one percent)] of the Performance SecuritySecurityequivalent to one bus, per bus on each occasion.
Appears in 1 contract
Samples: Operation and Maintenance Agreement