OTHER OBLIGATIONS OF THE OPERATOR Sample Clauses

OTHER OBLIGATIONS OF THE OPERATOR. 4.1. The OPERATOR shall be directly liable for the tangible, intangible and personal damages and all kinds of loss and damages of TAV employees of TAV, third persons, JSC and other authorities in the Terminal Building caused by the OPERATOR or its employees as the result of the willful misconduct or negligence thereof. In the event that the third persons, JSC or other authorities in the Terminal Building forward claims with respect to the damages caused by the willful misconduct or negligence, which has been established in consistency with the requirements of the Georgian Law, or as a result of the violation of any term of this Agreement by the Operator or its employees, against TAV, TAV is entitled to collect the damages and loss amount and all costs and expenses related thereto by forfeiting the performance security of the OPERATOR. The OPERATOR is obliged to compensate the damages exceeding the performance security amount.
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OTHER OBLIGATIONS OF THE OPERATOR. 8.1 The Operator accepts full responsibility for the safe operation of steam or other locomotives, Rolling Stock, equipment and personnel used by the Operator for Scheduled Railway Operation purposes and shall ensure that it meets the following requirements:
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OTHER OBLIGATIONS OF THE OPERATOR. 11.1. the Operator acknowledges and accepts that all obligations enshrined in this article are guarantees and that any infringement of these guarantees will grant WT+ the right to apply sanctions as enshrined in article 13 and / or article 18.
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OTHER OBLIGATIONS OF THE OPERATOR. (i) The Operator shall pay a Premium of Rs. (Rupees only) annually as per the financial quote to the Authority in consideration of Authorisation as per the terms and conditions specified in this Agreement. The Premium shall be subject to annual escalation of 5%. The Premium shall be paid in advance within 15 days of the Compliance Date for the first year and within 15 days of the anniversary of the Compliance Date for the subsequent year. If the Premium is not paid within the period specified above, penal interest at the rate of 18% will applicable on the outstanding Premium amount on the Operator for the duration the payment remains outstanding. Operator’s failure to make the payments within three months of the Compliance Date shall be an “Operator Event of Default”.
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Related to OTHER OBLIGATIONS OF THE OPERATOR

  • OBLIGATIONS OF THE OWNER 5.1 The Owner agrees to provide the requisite access and authority for Coinllectibles to have access to information necessary for Coinllectibles to carry out the Services hereunder.

  • Obligations of the Contractor (i) Subject to and on the terms and conditions of this Agreement, the Contractor shall undertake the survey, investigation, design, engineering, procurement, construction, and maintenance of the Project Highway and observe, fulfil, comply with and perform all its obligations set out in this Agreement or arising hereunder.

  • Obligations of the Parties Clause 8 Data protection safeguards The data exporter warrants that it has used reasonable efforts to determine that the data importer is able, through the implementation of appropriate technical and organisational measures, to satisfy its obligations under these Clauses.

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

  • Obligations of the Processor 6.1 The Processor shall:

  • Obligations of the Licensee 5.1.1. The Licensee’s Responsibilities and Duties shall include the following, in addition to and without prejudice to other obligations under this Agreement:

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