Common use of Project Milestone-II Clause in Contracts

Project Milestone-II. 3.1 Project Milestone-II shall occur on the date falling on the 270th (two hundred and seventieth) day from the Appointed Date (the “Project Milestone-II”). 3.2 Prior to the occurrence of Project Milestone-II, the Concessionaire shall have expended not less than 45% (fourty five per cent) of the total capital cost set forth in the Financial Package towards bus terminal component of Project..

Project Milestone-II. 3.1 a. Project Milestone-II shall occur on the date falling on the 270th (two hundred and seventiethTwo Hundred Seventieth) day from the Appointed Date (the “Project Milestone-Milestone- II”). 3.2 b. Prior to the occurrence of Project Milestone-II, the Concessionaire shall have expended commenced construction of not less than 4550% (fourty five Fifty per cent) of the total capital cost set forth in the Financial Package towards bus terminal component of Project..Package.

Project Milestone-II. 3.1 Project Milestone-II shall occur on the date falling on the 270th (two hundred and seventieth) day from the Appointed Date (the “Project Milestone-II”). 3.2 Prior to the occurrence of Project Milestone-II, the Concessionaire shall have expended not less than 45% (fourty forty five per cent) of the total capital cost set forth in the Financial Package towards bus terminal component of Project..