Common use of Satisfaction of conditions subsequent by the SPD Clause in Contracts

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s own risk and cost within 210 days from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall obtain all Consents, Clearances and Permits required for supply of power to SECI as per the terms of this Agreement; b) The SPD shall execute VGF Securitization Agreement with SECI as per format provided in Schedule-4 of this Agreement c) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; d) The SPD shall make adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; e) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto the delivery point of SPD by the Scheduled Commissioning date; f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 hectare /MW in the name of SPD; g) The SPD shall fulfill the technical requirements according to criteria mentioned under Clause 2.6 (B) of JNNSM guidelines for selection of new projects and produce the documentary evidence of the same. The SPD shall also specify their plan for meeting the requirement for domestic content (if applicable). The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period from the Effective Date.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at the SPD’s own cost and risk and cost within 210 days from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECINVVN: a) The SPD shall obtain all Consents, Clearances and Permits required for supply of power to SECI NVVN as per the terms of this Agreement; b) The SPD shall execute VGF Securitization Agreement with SECI as per format provided in Schedule-4 of this Agreement c) The SPD shall make Project financing arrangements Financing Arrangements and shall provide necessary certificates documents to SECI NVVN in this regard; dc) The SPD shall make adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; ed) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities STU confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto the delivery point of SPD by the Scheduled Commissioning date; fe) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 2 hectare /MW in the name of SPD; gf) The SPD shall fulfill the technical requirements according to criteria mentioned under Clause 2.6 (B2.5(B) of JNNSM guidelines for selection of new projects and produce the documentary evidence of the same. The SPD shall also specify their plan for meeting the requirement for domestic content (if applicable). . g) The SPD shall submit to SECI NVVN the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period from the Effective Date.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s SPD‟s own risk and cost within 210 days from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall obtain all Consents, Clearances and Permits required for supply of power to SECI as per the terms of this Agreement; b) The SPD shall execute VGF Securitization Agreement with SECI as per format provided in Schedule-4 of this Agreement c) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; d) The SPD shall make adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; e) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto the delivery point of SPD by the Scheduled Commissioning date; f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 hectare /MW in the name of SPD; g) The SPD shall fulfill the technical requirements according to criteria mentioned under Clause 2.6 (B) of JNNSM guidelines for selection of new projects and produce the documentary evidence of the same. The SPD shall also specify their plan for meeting the requirement for domestic content (if applicable). The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period from the Effective Date.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at the SPD’s own cost and risk and cost within 210 days from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECINVVN: a) The SPD shall obtain all Consents, Clearances and Permits required for supply of power to SECI Electricity Department Daman as per the terms of this Agreement; b) The SPD shall execute VGF Securitization Agreement with SECI as per format provided in Schedule-4 of this Agreement c) The SPD shall make Project financing arrangements Financing Arrangements and shall provide necessary certificates documents to SECI Electricity Department Daman in this regard; dc) The SPD shall make adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; ed) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities STU confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto the delivery point of SPD by the Scheduled Commissioning date; fe) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 2 hectare /MW in the name of SPD; gf) The SPD shall fulfill the technical requirements according to criteria mentioned under Clause 2.6 (B2.5(B) of JNNSM guidelines for selection of new projects and produce the documentary evidence of the same. The SPD shall also specify their plan for meeting the requirement for domestic content (if applicable). . g) The SPD shall submit to SECI Electricity Department Daman the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period from the Effective Date.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s own risk and cost within 210 150 days from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall obtain all Consents, Clearances and Permits required for setting up the Project and supply of power to SECI as per the terms of this Agreement; b) The SPD shall execute VGF Securitization Agreement with SECI as per format provided in Schedule-4 of this Agreement[Void] c) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; d) The SPD shall make plan adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; e) The SPD shall sign a Transmission Agreement / Connectivity Agreement (as applicable) with CTU/STU/ Transmission Utilities Distribution Licensee confirming the evacuation and connectivity of to the CTU/STU / Transmission Utilities Distribution Licensee system upto up to the delivery point of SPD by the Scheduled Commissioning datedate and until the term of the Agreement; f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 hectare /MW in as identified by SECI for the name of SPD;Project g) The SPD shall fulfill fulfil the technical requirements according to criteria mentioned under Clause 2.6 (B) of JNNSM guidelines for selection of new projects and produce the documentary evidence clause 3.7 C of the sameRfS document. The SPD shall also specify their plan for meeting the requirement for domestic content (if applicable)content. The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 150 days period from the Effective Date.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s own risk and cost within 210 days three (3) months from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall obtain or apply (as applicable) for all Consents, Clearances and Permits required for supply construction of power to SECI the Project as per the terms of this Agreement. The SPD shall also obtain all Consents, Clearances and Permits required for operation and supply of power to OFC, KANPUR before Commissioning of the Project; b) The SPD shall execute VGF Securitization Agreement (if applicable) with SECI as per format provided in Schedule-4 of this Agreement; c) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; d) The SPD shall make adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; e) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto up to the delivery point of SPD by the Scheduled Commissioning date;Date; - f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired designated land @ minimum 1.5 hectare /MW in the name of SPD; g) The SPD shall fulfill fulfil the technical requirements according to criteria mentioned under Clause 2.6 (B) Annexure-B of JNNSM guidelines for selection of new projects the RfS document and produce the documentary evidence of the same. The SPD shall also specify their plan for meeting the requirement for domestic content (if applicable)Modules. The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period three (3) months from the Effective Date.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s own risk and cost within 210 days three (3) months from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall obtain or apply (as applicable) for all Consents, Clearances and Permits required for supply construction of power to SECI the Project as per the terms of this Agreement. The SPD shall also obtain all Consents, Clearances and Permits required for operation and supply of power to OFAJ before Commissioning of the Project; b) The SPD shall execute VGF Securitization Agreement (if applicable) with SECI as per format provided in Schedule-4 of this Agreement; c) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; d) The SPD shall make adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; e) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto up to the delivery point of SPD by the Scheduled Commissioning date;Date; - f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired designated land @ minimum 1.5 hectare /MW in the name of SPD; g) The SPD shall fulfill fulfil the technical requirements according to criteria mentioned under Clause 2.6 (B) Annexure-B of JNNSM guidelines for selection of new projects the RfS document and produce the documentary evidence of the same. The SPD shall also specify their plan for meeting the requirement for domestic content (if applicable)content. The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period three (3) months from the Effective Date.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s own risk and cost within 210 days six (6) months from the Effective Date, i.e. by [insert the date which is 6 months from Effective Date], unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall execute Implementation and Support Agreement and/ or Lease Deed/ Right to Use Agreement (as applicable) with the SPPD. b) The SPD shall obtain or apply (as applicable) for all Consents, Clearances and Permits required for construction of the Project as per the terms of this Agreement. The SPD shall also obtain all Consents, Clearances and Permits required for operation and supply of power to SECI as per before Commissioning of the terms of this AgreementProject; bc) The SPD shall execute have executed VGF Securitization Agreement (if applicable) with SECI as per format provided in Schedule-4 of this AgreementAgreement ; cd) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; de) The SPD shall make adequate arrangements obtain requisite approvals from the STU/SPIA/appropriate authority as applicable, to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; ef) [Void]; g) [Void]; h) The SPD shall sign a Transmission Agreement with CTUbe required to demonstrate/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto the delivery point of SPD by the Scheduled Commissioning date; f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 hectare /MW infuse cumulative capital in the name form of SPD; g) The SPD shall fulfill the technical requirements according to criteria mentioned under Clause 2.6 (B) Equity for an amount of JNNSM guidelines for selection of new projects and produce the documentary evidence of the sameat least Rs. 0.35 Cr./MW at this stage. The SPD shall also specify their plan be required to demonstrate / infuse cumulative capital in the form of Equity for meeting the requirement for domestic content (if applicable). The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period from the Effective Datean amount of at least Rs.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s own risk and cost within 210 days six (6) months from the Effective Date, i.e. by [insert the date which is 6 months from Effective Date], unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall execute Implementation and Support Agreement and/ or Lease Deed/ Right to Use Agreement (as applicable) with the SPPD. b) The SPD shall obtain or apply (as applicable) for all Consents, Clearances and Permits required for construction of the Project as per the terms of this Agreement. The SPD shall also obtain all Consents, Clearances and Permits required for operation and supply of power to SECI as per before Commissioning of the terms of this AgreementProject; bc) The SPD shall execute VGF Securitization Agreement with SECI as per format provided in Schedule-4 of this AgreementNot Used; cd) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; de) The SPD shall make adequate arrangements obtain requisite approvals from the STU/SPIA/appropriate authority as applicable, to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; ef) [Void]; g) [Void]; h) The SPD shall sign a Transmission Agreement with CTUbe required to demonstrate/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto the delivery point of SPD by the Scheduled Commissioning date; f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 hectare /MW infuse cumulative capital in the name form of SPD; g) The SPD shall fulfill the technical requirements according to criteria mentioned under Clause 2.6 (B) Equity for an amount of JNNSM guidelines for selection of new projects and produce the documentary evidence of the sameat least Rs. 0.35 Cr./MW at this stage. The SPD shall also specify their plan be required to demonstrate / infuse cumulative capital in the form of Equity for meeting the requirement for domestic content (if applicable). The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period from the Effective Datean amount of at least Rs.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at SPD’s own risk and cost within 210 days seven (7) months from the Effective Date, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI: a) The SPD shall obtain or apply (as applicable) for all Consents, Clearances and Permits required for supply construction of power to SECI the Project as per the terms of this Agreement. The SPD shall also obtain all Consents, Clearances and Permits required for operation and supply of power to SECI before Commissioning of the Project; b) The SPD shall execute VGF Securitization Agreement (if applicable) with SECI as per format provided in Schedule-4 of this AgreementAgreement ; c) The SPD shall make Project financing arrangements and provide necessary certificates to SECI in this regard; d) The SPD shall make adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; e) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto up to the delivery point of SPD by the Scheduled Commissioning date;Date; - f) The SPD shall produce the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 hectare /MW in the name of SPD; g) The SPD shall fulfill be required to demonstrate/infuse cumulative capital in the technical requirements according to criteria mentioned under Clause 2.6 (B) form of JNNSM guidelines Equity for selection an amount of new projects and produce the documentary evidence of the sameat least Rs. 0.84 Cr./MW. The SPD shall also specify their plan be required to demonstrate / infuse cumulative capital in the form of Equity for meeting the requirement for domestic content (if applicable). The SPD shall submit to SECI the relevant documents as stated above, complying with the Conditions Subsequent, within 210 days period from the Effective Datean amount of at least Rs.

Satisfaction of conditions subsequent by the SPD. The SPD agrees and undertakes to duly perform and complete all of the following activities at the SPD’s own cost and risk within one hundred and cost within 210 eighty (180) days from the Effective Datedate of signing of this Agreement, unless such completion is affected by any Force Majeure event, or if any of the activities is specifically waived in writing by SECI:DISCOM a(1) The SPD shall obtain For obtaining all Consents, Clearances and Permits required for supply of power to SECI DISCOM as per the terms of this Agreement; b(2) The SPD For making project financing agreements and completing financial closure and shall execute VGF Securitization Agreement with SECI as per format provided in Schedule-4 of this Agreement c) The SPD shall make Project financing arrangements and provide necessary certificates documents to SECI DISCOM in this regard; d(3) The SPD shall make For making adequate arrangements to connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point; e) The SPD shall sign a Transmission Agreement with CTU/STU/ Transmission Utilities confirming the evacuation and connectivity of the CTU/STU / Transmission Utilities system upto the delivery point of SPD by the Scheduled Commissioning date; f(4) The SPD shall produce documentary evidence of fulfilling requisite technical criteria and placing orders / entering into agreements, for supply of plants and equipment for the Project. The SPD shall fulfill the technical requirements according to the following criteria and produce the documentary evidence of the same – a. The SPD shall deploy only commercially established and operational technologies to minimize the technology risk and to achieve timely commissioning of the Power Project. The SPD has to submit a certificate confirming the technology selected in line with the above before Financial Closure. The SPD shall provide details of the project with location and the successful operational period of the project utilizing this technology. b. Detailed technical parameters for Solar PV Projects to be met by SPDs are provided in Annexure A to the RfS. SPD shall strictly comply with the technical parameters detailed in the Annexure A to the RfSas part of the technical requirement. (5) For producing the documentary evidence of the clear title and possession of the acquired land @ minimum 1.5 hectare at least 4 acres /MW in the name of SPD; g) The . In this regard the SPD shall fulfill be required to furnish the technical requirements according to criteria mentioned under Clause 2.6 following documentary evidences – a. Ownership or lease hold rights from State / Central agency/private agencies (Bfor at least 30 years) of JNNSM guidelines for selection of new projects and produce in the documentary evidence name of the same. The SPD shall also specify their plan and possession of 100% of the area of land required for meeting the requirement Project. b. Certificate by the concerned and competent revenue/registration authority for domestic content (if applicable). The SPD shall submit to SECI the relevant documents as stated above, complying with acquisition/ownership/vesting of the Conditions Subsequent, within 210 days period land in the name of the SPD. c. Sworn affidavit from the Effective DateAuthorised person of the SPD listing the details of the land and certifying total land required for the Project under clear possession of the SPD. d. A certified English translation from an approved translator in case above land documents are in languages other than English and Telugu e. The location of land of the Project i.e. Project site can be changed until Financial Closure and the final land documents shall be furnished in pursuant to the above (6) Submit Detailed Project Report for the Project (7) Infuse equity towards meeting minimum net worth requirement of Rs 1.4 Crores/MW of Contracted Capacity