Common use of Monthly Status Report Clause in Contracts

Monthly Status Report. During Operation Period, the Concessionaire shall, no later than 7 (seven) days after the close of each month, furnish a monthly report stating in reasonable detail the compliance with all the Key Performance Indicators specified in this Article 21 along with an analysis of the reasons for failures, if any, and the strategies for addressing the same and for otherwise improving the operational performance of the Bus Terminal. The monthly report shall include a quantification of the Damages calculated in accordance with Clause 21.3.

Monthly Status Report. During Operation Period, the Concessionaire shall, no later than 7 (seven) days after the close of each month, furnish a monthly report stating in reasonable detail the compliance with all the Key Performance Indicators specified in this Article 21 along with an analysis of the reasons for failures, if any, and the strategies for addressing the same and for otherwise improving the operational performance of the Bus TerminalTransmission System. The monthly report shall include a quantification of the Damages penalties calculated in accordance with Clause 21.321.6.