Common use of Peaceful Possession Clause in Contracts

Peaceful Possession. The Authority and PLBs hereby warrant that: (a) The Sites together with the necessary right of way/way-leaves have been acquired through the due process of law; belong to, or has been leased to the Authority / PLBs and is vested in the Authority / PLBs and that the Authority / PLBs have full powers to hold, dispose of and deal with the same consistent with the provisions of this Agreement. For the avoidance of doubt the Concessionaire shall, in respect of the Sites, have no liability regarding any compensation payment on account of land acquisition or rehabilitation/ resettlement of any Persons affected thereby. (b) The Concessionaire shall, subject to complying with the terms and conditions of this Agreement, remain in peaceful possession of land provided by the Authority / PLBs. In the event the Concessionaire is obstructed by any Person claiming any right, title or interest in or over the Sites or any part thereof or in the event of any enforcement action including any attachment, appointment of receiver or liquidator being initiated by any Person claiming to have any interest in/charge on the Sites or any part thereof, the Authority / PLBs shall, if called upon by the Concessionaire, defend such claims and proceedings and also keep the Concessionaire indemnified against any consequential loss or damages which the Concessionaire may suffer, on account of any such right, title, interest or charge.

Appears in 13 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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