Common use of Intelligent Tolling System Clause in Contracts

Intelligent Tolling System. The Concessionaire shall be encouraged to switch over to intelligent tolling system (closed tolling) or equivalent mechanism as and when these are introduced by the Authority. In case of any substantial variation in the revenue collection due to such adoption of intelligent tolling system or equivalent tolling mechanism, the same shall be mutually settled as per the provisions of the Concession Agreement.

Intelligent Tolling System. The Concessionaire shall be encouraged to switch over to intelligent tolling system (closed tolling) or equivalent mechanism as and when these are introduced by the Contracting Authority. In case of any substantial variation in the revenue collection due to such adoption of intelligent tolling system or equivalent tolling mechanism, the same shall be mutually settled as per the provisions of the Concession Agreement.

Intelligent Tolling System. The Concessionaire shall be encouraged to switch over to intelligent tolling system (closed tolling) or equivalent mechanism as and when these are introduced by the Authority. In case of any substantial variation in the revenue collection due to such adoption of intelligent tolling system or equivalent tolling mechanism, the same shall be mutually settled as per the provisions of the Concession Agreement.. ARTICLE 23A ESCROW ACCOUNT‌‌

Intelligent Tolling System. The Concessionaire shall be encouraged to switch over to intelligent tolling system (closed tolling) or equivalent mechanism as and when these are introduced by the Authority. In case of any substantial variation in the revenue collection due to such adoption of intelligent tolling system or equivalent tolling mechanism, the same shall be mutually settled as per the provisions of the Concession Agreement.