Investment Obligations and Their Completion Sample Clauses

Investment Obligations and Their Completion. 10.1.1 The Private Partner shall carry out, finance, and complete the Investment Obligations under this Agreement, which include: 10.1.1.1 investments in Enrolment Facilities required under the Technical Requirements (including upgrades, renovations and other real estate improvements at the Enrolment Facilities, procurement and installation of New Movable Property at the Enrolment Facilities, acquisition of rights to New Intangibles and setup of the New Intangibles the Enrolment Facilities, including establishment of the Identity and Document Management Information System); 10.1.1.2 investments in Transferred Assets required under the Technical Requirements (including upgrades, renovations and other real estate improvements at Transferred Assets, procurement and installation of New Movable Property at Transferred Assets, acquisition of rights to New Intangibles and setup of the New Intangibles at Transferred Assets). 10.1.2 The Private Partner shall complete the Investment Obligations within nine (9) months from the Commencement Date (the "Investment Obligations Completion Period"). 10.1.3 Not less than one (1) month before the end of the Investment Obligations Completion Period the Public Partner shall initiate an inspection to review the fulfilment of Investment Obligations, by sending to the Private Partner a written notification of such inspection. The inspection of fulfilment of Investment Obligations shall be carried out by the Independent Expert. 10.1.4 The Independent Expert verifies the fulfilment of the Investment Obligations within twenty two (22) Business Days after the date when such inspection was initiated by the Public Partner, including through analysis of the applicable Technical Requirements, Design Documentation, Private Partner’s quarterly reports on investments made, Financing Documents, internal reports, and on-site inspection of the Project Assets in which investments were made. 10.1.5 After completion of the inspection, the Independent Expert issues a conclusion on the fulfilment / non-fulfilment of the Investment Obligations and provides this conclusion for information to the Parties. Conclusion of the Independent Expert on non-fulfilment of the Investment Obligations shall be the basis for imposing the Liquidated Damages under Clause 16.1 of the Agreement upon expiry of the Investment Obligations Completion Period. 10.1.6 In case the Independent Expert confirms the fulfilment of the Investment Obligations by the Private Partner, ...
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Related to Investment Obligations and Their Completion

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • NOW, THEREFORE the parties hereto agree as follows:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Definitions As used in this Agreement:

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

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