Common use of The Responsibility of the Management Venture Clause in Contracts

The Responsibility of the Management Venture. 3.1. The Management Venture will be responsible for the successful execution of the Project during the Services Period and will assist the Company to carry out complementary actions relating to the Project and the processes described herein above, pursuant to the provisions of the Agreement and its appendices and the requirements of the Company. 3.2. The Management Venture will carry out all the tasks and the services required for the purpose of carrying out and completing the tasks under its responsibility, even if such tasks are not expressly set forth in this appendix. 3.3. The responsibility of the Management Venture includes, inter alia: 3.3.1. Obtaining all the permits and authorizations with the relevant authorities acting pursuant to applicable Law and the interested parties in the Project the approval of which is required in connection with the Project. 3.3.2. Coordinating the efforts to obtain all the approvals, the licenses and the permits required in order to carry out the Project. 3.3.3. Carrying out tracking of obtaining approvals and permits that are required including the status of such approvals and critical dates for the purpose of obtaining the approvals on time, preliminary action that must be taken in order to obtain such approvals, investigation of the consequences of delays that may arise and so forth. 3.3.4. Anchoring of the decision making processes and approvals that will be approved in advance and in writing by the Company, including and in particular the multi-disciplinary aspects and additional matters that were defined in the Agreement and/or as may be defined from time to time by the Company as matters that require a decision by and the approval of the Company; Referral of such issues in an orderly manner and in the correct timing for the purpose of obtaining approvals and decisions and their implementation. 3.3.5. Inspection of the budget goals that will be determined for the Project as a whole and their feasibility, inspection of the timetable to carry out the Project and the Services and their feasibility, as well as carrying out coordination, advice, planning, operation, coordination, interfacing and synchronization of all the bodies and/or activities required to carry out the Project pursuant to its goals, in order to successfully comply with such goals. 3.3.6. Ongoing management, operation, coordination, interfacing, synchronization, prioritization and organization of all the external and internal agents involved in the Project including all its Stages, commencing from the inception of the design period until the completion of the Services and including the following: Management, coordination, synchronization, interfacing, prioritization and supervision of good, efficient and well-timed execution of all the works being carried out in the Project, including in direct connection with the activity of the concessionaire, additional contractors, the consultants and bodies tangent to the Project, as among themselves as well as between them and the Company and anyone on its behalf, all while putting special emphasis on the interface points between the various activity segments in the Project, in order to ensure the completion of the Services and the execution of realization and completion of the Project pursuant to its goals. The responsibility of the Management Venture does not include any tasks whatsoever in relation to the planning works by the statutory team, however the Management Venture will be responsible as part of the management of the Project and its risks to reflect to the Company the status of the statutory process and the compliance of the statutory process with the timetables for completion of its obligations.

The Responsibility of the Management Venture. 3.1. The Management Venture will be responsible for the successful execution of the Project during the Services Period and will assist the Company to carry out complementary actions relating to the Project and the processes described herein above, pursuant to the provisions of the Agreement and its appendices and the requirements of the Company. 3.2. The Management Venture will carry out all the tasks and the services required for the purpose of carrying out and completing the tasks under its responsibility, even if such tasks are not expressly set forth in this appendix. 3.3. The responsibility of the Management Venture includes, inter alia: 3.3.1. Obtaining all the permits and authorizations with the relevant authorities acting pursuant to applicable Law and the interested parties in the Project the approval of which is required in connection with the Project. 3.3.2. Coordinating the efforts to obtain all the approvals, the licenses and the permits required in order to carry out the Project. 3.3.3. Carrying out tracking of obtaining approvals and permits that are required including the status of such approvals and critical dates for the purpose of obtaining the approvals on time, preliminary action that must be taken in order to obtain such approvals, investigation of the consequences of delays that may arise and so forth. 3.3.4. Anchoring of the decision making processes and approvals that will be approved in advance and in writing by the Company, including and in particular the multi-disciplinary aspects and additional matters that were defined in the Agreement and/or as may be defined from time to time by the Company as matters that require a decision by and the approval of the Company; Referral of such issues in an orderly manner and in the correct timing for the purpose of obtaining approvals and decisions and their implementation. 3.3.5. Inspection of the budget goals that will be determined for the Project as a whole and their feasibility, inspection of the timetable to carry out the Project and the Services and their feasibility, as well as carrying out coordination, advice, planning, operation, coordination, interfacing and synchronization of all the bodies and/or activities required to carry out the Project pursuant to its goals, in order to successfully comply with such goals. 3.3.6. Ongoing management, operation, coordination, interfacing, synchronization, prioritization and organization of all the external and internal agents involved in the Project including all its Stages, commencing from the inception of the design period until the completion of the Services and including the following: Management, coordination, synchronization, interfacing, prioritization and supervision of good, efficient and well-timed execution of all the works being carried out in the Project, including in direct connection with the activity of the concessionaireConcessionaire, additional contractors, the consultants and bodies tangent to the Project, as among themselves as well as between them and the Company and anyone on its behalf, all while putting special emphasis on the interface points between the various activity segments in the Project, in order to ensure the completion of the Services and the execution of realization and completion of the Project pursuant to its goals. The responsibility of the Management Venture does not include any tasks whatsoever in relation to the planning works by the statutory team, however the Management Venture will be responsible as part of the management of the Project and its risks to reflect to the Company the status of the statutory process and the compliance of the statutory process with the timetables for completion of its obligations.

The Responsibility of the Management Venture. 3.1. The Management Venture will be responsible for the successful execution of the Project during the Services Period and will assist the Company to carry out complementary actions relating to the Project and the processes described herein above, pursuant to the provisions of the Agreement and its appendices and the requirements of the Company. 3.2. The Management Venture will carry out all the tasks and the services required for the purpose of carrying out and completing the tasks under its responsibility, even if such tasks are not expressly set forth in this appendix. 3.3. The responsibility of the Management Venture includes, inter alia: 3.3.1. Obtaining all the permits and authorizations with the relevant authorities acting pursuant to applicable Law and the interested parties in the Project the approval of which is required in connection with the Project. 3.3.2. Coordinating the efforts to obtain all the approvals, the licenses and the permits required in order to carry out the Project. 3.3.3. Carrying out tracking of obtaining approvals and permits that are required including the status of such approvals and critical dates for the purpose of obtaining the approvals on time, preliminary action that must be taken in order to obtain such approvals, investigation of the consequences of delays that may arise and so forth. 3.3.4. Anchoring of the decision making processes and approvals that will be approved in advance and in writing by the Company, including and in particular the multi-disciplinary aspects and additional matters that were defined in the Agreement and/or as may be defined from time to time by the Company as matters that require a decision by and the approval of the Company; Referral of such issues in an orderly manner and in the correct timing for the purpose of obtaining approvals and decisions and their implementation. 3.3.5. Inspection of the budget goals that will be determined for the Project as a whole and their feasibility, inspection of the timetable to carry out the Project and the Services and their feasibility, as well as carrying out coordination, advice, planning, operation, coordination, interfacing and synchronization of all the bodies and/or activities required to carry out the Project pursuant to its goals, in order to successfully comply with such goals. 3.3.6. Ongoing management, operation, coordination, interfacing, synchronization, prioritization and organization of all the external and internal agents involved in the Project including all its Stages, commencing from the inception of the design period until the completion of the Services and including the following: Management, coordination, synchronization, interfacing, prioritization and supervision of good, efficient and well-timed execution of all the works being carried out in the Project, including in direct connection with the activity of the concessionaireconcessionaireConcessionaire, additional contractors, the consultants and bodies tangent to the Project, as among themselves as well as between them and the Company and anyone on its behalf, all while putting special emphasis on the interface points between the various activity segments in the Project, in order to ensure the completion of the Services and the execution of realization and completion of the Project pursuant to its goals. The responsibility of the Management Venture does not include any tasks whatsoever in relation to the planning works by the statutory team, however the Management Venture will be responsible as part of the management of the Project and its risks to reflect to the Company the status of the statutory process and the compliance of the statutory process with the timetables for completion of its obligations.