Common use of Revocation of Suspension Clause in Contracts

Revocation of Suspension. 26.2.1 In the event that the Concessionaire shall have rectified or removed the cause of Suspension within a period as mentioned in clause 26.1 above, 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 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.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Revocation of Suspension. 26.2.1 In the event that the Concessionaire shall have rectified or removed the cause of Suspension within a period as mentioned in clause 26.1 above, 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 Maha-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.

Appears in 1 contract

Samples: Concession Agreement

Revocation of Suspension. 26.2.1 In the event that the Concessionaire shall have rectified or removed the cause of Suspension within a period as mentioned in clause 26.1 above, 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 Maha-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.

Appears in 1 contract

Samples: Concession Agreement

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Revocation of Suspension. 26.2.1 In the event that the Concessionaire shall have rectified or removed the cause of Suspension within a period as mentioned in clause 26.1 above, 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 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.

Appears in 1 contract

Samples: Concession Agreement

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