Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall: (a) be deemed to have taken possession and control of the Project forthwith; (b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities on or about the Site; (c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project; (d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1; and (e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 3 contracts
Samples: Public Private Partnership Agreement, Public Private Partnership Agreement, Public Private Partnership Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken take possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities equipment on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.131.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) a. be deemed to have taken possession and control of the Project forthwith;
(b) b. take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities on equipment, systems used or about being used in the Sitedevelopment of the Project;
(c) c. be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) d. require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.129.1; and
(e) e. succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests interest of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project and Project Facilities forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(dc) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1; and36.1;
(ed) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities equipment on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.132.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sumssums and the Concessionaire shall keep the Authority and its officers protected and indemnified against any such claim or action by any third party in terms of Article 35 hereof. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project Storage Facility forthwith;
(b) take possession and control of all Food Grains, materials, stores, implements, construction plants and Equipment and all other Project Facilities equipment on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be Be deemed to have taken possession and control of the Project Facilities forthwith;
(b) take Take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities equipment on or about the SiteService Area for which the payment has been made as part of the Termination Payment;
(c) be Be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site Service Area or any part of the ProjectProject Facilities;
(d) require Require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1; andArticle 30.1;
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements agreements with Contractors as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreementsagreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Public Private Partnership Agreement
Other rights and obligations of the Authority. 29.4.1 Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project Site(s) and Project Facility(s) forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment equipment and all other Project Facilities Facility(s) on or about the Project Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site Project Site(s) or any part of the ProjectProject Facility(s);
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.130.1; andand Draft Concession Agreement
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractorscontractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project Highway forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities equipment on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.131.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment equipment, IT infrastructure including hardware and all other Project Facilities software on or about the Project Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Project Site or any part of the ProjectProject Site;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1Article23.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors Subcontractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors Subcontractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such ContractorsSubcontractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities equipment on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.138.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
(f) In case of Termination due to any event of default, the Project shall be taken- over by the Authority at Rupee One (Re 1/-) only.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be Be deemed to have taken possession and control of the Project Facilities forthwith;
(b) take Take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities equipment on or about the SiteService Area for which the payment has been made as part of the Termination Payment;
(c) be Be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or Service Areaor any part of the ProjectProject Facilities;
(d) require Require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1; andArticle 30.1;
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements agreements with Contractors as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, acknowledges and agrees that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreementsagreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.127.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors as being due and owing for works and services Services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Other rights and obligations of the Authority. Upon Termination for any reason whatsoever, the Authority shall:
(a) be deemed to have taken possession and control of the Project forthwith;
(b) take possession and control of all materials, stores, implements, construction plants and Equipment and all other Project Facilities on or about the Site;
(c) be entitled to restrain the Concessionaire and any person claiming through or under the Concessionaire from entering upon the Site or any part of the Project;
(d) require the Concessionaire to comply with the Service Continuity and Divestment Requirements set forth in Clause 33.1; and
(e) succeed upon election by the Authority, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Agreements as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Agreements from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Agreements, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.
Appears in 1 contract
Samples: Concession Agreement