LAND FOR DEPOTS Clause Samples
The 'Land for Depots' clause establishes the requirements and procedures for providing land specifically designated for the construction or operation of depots. Typically, this clause outlines the responsibilities of one party—often the project owner or a governmental authority—to allocate, prepare, and transfer suitable land to the contractor or operator for depot use. It may also specify conditions such as location, size, access, and timing for the handover of the land. The core function of this clause is to ensure that the necessary land resources are made available in a timely and appropriate manner, thereby preventing project delays and clarifying each party's obligations regarding depot facilities.
LAND FOR DEPOTS. 10.1 Site for the Maintenance Depots
10.1.1 In respect of Vidyadharapuram at Vijayawada licensed and permissive possession shall be provided and granted by the Authority to the Operator under and in accordance with this Agreement (the “Licensed Premises”).
10.1.2 In respect of maintenance depots at Waltair at Visakhapatnam, Guntur, Alipiri at Tirupati and Kakinada no license rights shall be provided and granted by the Authority to the Operator, however possession of available vacant site will be given upon mutual agreement keeping in view land required for combined operations i.e., both diesel and electric vehicles. However, Waltair and Alipiri from the date of COD will be exclusive e-bus depots.
LAND FOR DEPOTS. Site for the Maintenance Depots The site for the Maintenance Depots shall comprise the real estate described in Schedule-A and in respect of which Right of Way shall be provided and granted by the Authority to the Operator as a licensee under and in accordance with this Agreement (the “Site”). For the avoidance of doubt, it is hereby acknowledged and agreed that references to the Site shall be construed as references to the real estate required for the Maintenance Depots as set forth in Schedule-A [and includes Real Estate Development].
LAND FOR DEPOTS. 10.1 Site for the Maintenance Depots
LAND FOR DEPOTS