Common use of Punctuality Clause in Contracts

Punctuality. 20.4.1 Punctuality shall be measured on a quarterly basis in terms of the percentage of on-time start of trips to the total number of trips operated on a daily basis (“Start Punctuality”). The total number of trips starting/arriving late during the month will be recorded and subtracted from the number of trips operated to arrive at the on-time trips operated figures separately in each case. 20.4.2 The Operator agrees that the Punctuality for arrival at the respective destination shall be measured on a quarterly basis in terms of the percentage of trips with on-time arrival at destination to the total number of trips operated on a daily basis (“Arrival Punctuality”). 20.4.3 The Parties agree that the Operator may exercise a relaxation equivalent to 5 (five) minutes, for start of the bus schedule, and 10% (ten percent) of the subsequent scheduled trip time (subject to a maximum of 15 (fifteen) minutes for start of subsequent schedules and arrival of trips. 20.4.4 Subject to the provisions of Clause 20.4.3, the Operator agrees that the Start Punctuality determined in accordance with Clause 20.4.2 shall be equal to or more than 95% (ninety five percent) and the Arrival Punctuality shall be equal to or more than 80% (eighty percent) respectively.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Punctuality. 20.4.1 Punctuality shall be measured on a quarterly basis in terms of the percentage of on-time start of trips to the total number of trips operated on a daily basis (“Start Punctuality”). The total number of trips starting/arriving late during the month will be recorded and subtracted from the number of trips operated to arrive at the on-time trips operated figures separately in each case. 20.4.2 The Operator agrees that the Punctuality for arrival at the respective destination shall be measured on a quarterly basis in terms of the percentage of trips with on-time arrival at destination to the total number of trips operated on a daily basis (“Arrival Punctuality”). 20.4.3 The Parties agree that the Operator may exercise a relaxation equivalent to [5 (five) )] minutes, for start of the bus schedule, and [10% (ten percent) )] of the subsequent scheduled trip time (subject to a maximum of [15 (fifteen) minutes minutes]) for start of subsequent schedules and arrival of trips. 20.4.4 Subject to the provisions of Clause 20.4.3, the Operator agrees that the Start Punctuality determined in accordance with Clause 20.4.2 shall be equal to or more than 95[90% (ninety five percent) )] and the Arrival Punctuality shall be equal to or more than [80% (eighty percent) )] respectively.

Appears in 3 contracts

Samples: Public Private Partnership Agreement, Model Concession Agreement, Model Concession Agreement

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Punctuality. 20.4.1 Punctuality shall be measured on a quarterly basis in terms of the percentage of on-time start of trips to the total number of trips operated on a daily basis (“Start Punctuality”). The total number of trips starting/arriving late during the month will be recorded and subtracted from the number of trips operated to arrive at the on-time trips operated figures separately in each case. 20.4.2 . The Operator agrees that the Punctuality for arrival at the respective destination shall be measured on a quarterly basis in terms of the percentage of trips with on-time arrival at destination to the total number of trips operated on a daily basis (“Arrival Punctuality”). 20.4.3 . The Parties agree that the Operator may exercise a relaxation equivalent to [5 (five) )] minutes, for start of the bus schedule, and [10% (ten percent) )] of the subsequent scheduled trip time (subject to a maximum of [15 (fifteen) minutes minutes]) for start of subsequent schedules and arrival of trips. 20.4.4 . Subject to the provisions of Clause 20.4.3, the Operator agrees that the Start Punctuality determined in accordance with Clause 20.4.2 shall be equal to or more than 95[90% (ninety five percent) )] and the Arrival Punctuality shall be equal to or more than [80% (eighty percent) )] respectively.

Appears in 1 contract

Samples: Model Concession Agreement

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