Common use of Plant and Equipment Clause in Contracts

Plant and Equipment. a. The Concessionaire shall provide all machinery, plant and equipment necessary to complete the Works. All its Equipment shall, when brought on to the Project Site, be deemed to be exclusively intended for the execution of the works. b. The Concessionaire shall maintain an adequate inventory of consumable and spare parts, and undertake periodic and preventive maintenance as required for the relevant equipments. The Concessionaire shall ensure continuous work flow as required under the program. Breakdown of machinery or equipment shall not be a valid reason for any delay, extension in the Concession Period or addition of cost, towards the Project.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Plant and Equipment. a. The Concessionaire shall provide all machinery, plant and equipment necessary to complete the Works. All its Equipment shall, when brought on to the Project Site, be deemed to be exclusively intended for the execution of the works. b. The Concessionaire shall maintain an adequate inventory of consumable and spare parts, parts and undertake periodic and preventive maintenance as required for the relevant equipmentsequipment. The Concessionaire shall ensure continuous work flow workflow as required under the program. Breakdown of machinery or equipment shall not be a valid reason for any delay, extension in the Concession Period or addition of cost, towards the Project.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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