Conciliation Period definition

Conciliation Period means the period of sixty (60) days or such other longer period as the parties may agree, commencing from the date of issuance of a Solar Power Developer Preliminary Default Notice or DISCOM Preliminary Default Notice as provided in Article 10 of this Agreement, for conciliation between the parties to mitigate the consequence of the relevant event having regard to all the circumstances;
Sample 1Sample 2Sample 3
Conciliation Period has the meaning given to it in Section 4.6.
Sample 1Sample 2Sample 3
Conciliation Period means the period of ninety (90) days or such other longer period as the parties may agree, commencing from the date of issuance of a WtE Developer Preliminary Default Notice or DISCOM Preliminary Default Notice as provided in Article 10 of this Agreement, for conciliation between the parties to mitigate the consequence of the relevant event having regard to all the circumstances;
Sample 1Sample 2Sample 3

Examples of Conciliation Period in a sentence

  • Following the issue of a “Default Notice”, a Conciliation Period of sixty (60) days or such longer period as the parties may agree, shall apply and it shall be the responsibility of the parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant solar power developer / Procurer Event of Default having regard to all the circumstances.

  • If the Conciliation Committee fails to provide a unanimous decision or resolution within the Conciliation Period, then either Party may seek arbitration in accordance with Section 9.17.

  • Following the issue of a a Conciliation Period of sixty (60) Days or such longer period as the parties may agree, shall apply and it shall be the responsibility of the parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant SPD / Procurer Event of Default having regard to all the circumstances.


More Definitions of Conciliation Period

Conciliation Period means the period of sixty (60) days or such other longer period as the parties may agree, commencing from the date of issuance of a Solar Power Developer Preliminary Default Notice or DISCOM Preliminary Default Notice as provided in Article 10 of this Agreement, for conciliation between the parties to mitigate the consequence of the relevant event having regard to all the circumstances.
Sample 1Sample 2Sample 3
Conciliation Period means the period of time for an informal grievance process, the rights of which may be exercised by the Grievant or Association to request a meeting of any Grievance – The period ends 10 days after said meeting, with the possibility of extension upon mutual agreement of the parties. The parties may also re-open the conciliation period at any time of the grievance process upon mutual consent of both parties.
Sample 1

Related to Conciliation Period

  • Consultation Period means the period of ninety (90) days or such otherlonger period as the Parties may agree, commencing fromthe date of issuance of a SPGPreliminary Default Noticeor DISCOM Preliminary Default Notice as provided inArticle 13 of this Agreement, for consultation between thePartiestomitigatethe consequenceof therelevantevent havingregardtoallthecircumstances;

  • Determination Period means each period from (and including) a Determination Date to (but excluding) the next Determination Date (including, where either the Interest Commencement Date or the final Interest Payment Date is not a Determination Date, the period commencing on the first Determination Date prior to, and ending on the first Determination Date falling after, such date); and

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;