Common use of Termination by Maha-Metro pursuant to Clause in Contracts

Termination by Maha-Metro pursuant to. Concessionaire event of Default In the event of any termination by Maha-Metro pursuant to Clause 27.1.2 (Termination by Maha-Metro for Concessionaire Default), Maha-Metro shall pay to the Concessionaire, as Termination Payment, an amount determined as under: If the termination is after the Date of Commercial Operation, due to a Concessionaire Event of Default, the compensation payable by Maha-Metro to the Concessionaire shall be the lowest of:

Appears in 4 contracts

Samples: Concession Agreement, Maharashtra Metro, Maharashtra Metro

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