Common use of Revocation of Suspension Clause in Contracts

Revocation of Suspension. 36.3.1 In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Revocation of Suspension. 36.3.1 34.3.1 In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 34.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Revocation of Suspension. 36.3.1 30.3.1 In the event that the Concessioning Authority Authority, acting in accordance with the provisions of Article 30, shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 30.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Revocation of Suspension. 36.3.1 (a) In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 (b) Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Revocation of Suspension. 36.3.1 28.3.1 In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 28.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Revocation of Suspension. 36.3.1 38.3.1 In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 38.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Revocation of Suspension. 36.3.1 26.3.1 In the event that the Concessioning Authority Lessor shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire Lessee under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority Lessor may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 26.3.2 Upon the Concessionaire Lessee having cured the Concessionaire Lessee Event of Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority Lessor shall revoke the Suspension forthwith and restore all rights of the Concessionaire Lessee under this Agreement.

Appears in 1 contract

Samples: Seabed Lease Agreement

Revocation of Suspension. 36.3.1 31.3.1. In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 31.3.2. Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Revocation of Suspension. 36.3.1 In the event that the Concessioning Authority MPRDC shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority MPRDC may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority MPRDC shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

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Revocation of Suspension. 36.3.1 24.3.1 In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 24.3.2 Upon the Concessionaire having cured the Concessionaire Event of Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Revocation of Suspension. 36.3.1 30.3.1 In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 30.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Revocation of Suspension. 36.3.1 26.3.1 In the event that the Concessioning Authority authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 26.3.2 Upon the Concessionaire having cured the Concessionaire Event of Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Revocation of Suspension. 36.3.1 In the 12.3.1 Inthe event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspension, it shall have the option to revoke the Suspension forthwith and restore all the rights of the Concessionaire under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 36.3.2 12.3.2 Upon the Concessionaire having cured the Concessionaire Event of Default within a period not exceeding 90 (ninety) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Revocation of Suspension. 36.3.1 (i) In the event that the Concessioning Authority shall have rectified or removed the cause of Suspension within a period not exceeding 90 60 (ninetysixty) days from the date of Suspension, it shall revoke the Suspension forthwith and restore all rights of the Concessionaire Contractor under this Agreement. For the avoidance of doubt, the Parties expressly agree that the Concessioning Authority may, in its discretion, revoke the Suspension at any time, whether or not the Authoritymay,initsdiscretion,revoketheSuspensionatanytime,whetherornotthe cause of Suspension has been rectified or removed hereunderremovedhereunder. 36.3.2 (ii) Upon the Concessionaire Contractor having cured the Concessionaire Contractor Default within a period not exceeding 90 60 (ninetysixty) days from the date of Suspension, the Concessioning Authority shall revoke the Suspension forthwith and restore all rights of the Concessionaire Contractor under this AgreementthisAgreement.

Appears in 1 contract

Samples: Engineering Procurement and Construction (Epc) Agreement

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