Common use of Revocation of Suspension Clause in Contracts

Revocation of Suspension. 33.3.1 In the event that MOR 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 MOR may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 33.3.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, MOR shall revoke the Suspension forthwith and restore all rights of the Concessionaire under this Agreement.

Appears in 4 contracts

Samples: Construction Agreement, Construction Contract, Construction Agreement

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Revocation of Suspension. 33.3.1 26.2.1 In the event that MOR the Concessionaire shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspensionas mentioned in clause 26.1 above, it Maha-Metro 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 MOR Maha-Metro may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 33.3.2 26.2.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, MOR Maha-Metro 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

Revocation of Suspension. 33.3.1 26.2.1 In the event that MOR the Concessionaire shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspensionas mentioned in clause 26.1 above, it Maha-Metro 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 MOR Maha- Metro may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 33.3.2 26.2.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, MOR Maha-Metro 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. 33.3.1 ‌ 24.2.1 In the event that MOR the 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 MOR the Authority may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 33.3.2 24.2.2 Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, MOR the Authority 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. 33.3.1 In the event that MOR the Concessionaire shall have rectified or removed the cause of Suspension within a period not exceeding 90 (ninety) days from the date of Suspensionas mentioned in clause 26.1 above, it Maha-Metro 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 MOR Maha-Metro may, in its discretion, revoke the Suspension at any time, whether or not the cause of Suspension has been rectified or removed hereunder. 33.3.2 . Upon the Concessionaire having cured the Concessionaire Default within a period not exceeding 90 (ninety) days from the date of Suspension, MOR Maha-Metro 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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