Examples of Date of Award of Concession in a sentence
In particular, the articles of association and the memorandum of association of the Concessionaire shall be amended within 3 (three) months of the Date of Award of Concession to include the terms and conditions regarding the composition of share-holding and management stipulated in this Agreement; and terms and conditions related to changes in the share-holding pattern stipulated in this Agreement.
In particular, the articles of association and the memorandum of association of the Concessionaireshall be amended within 3 (three) months of the Date of Award of Concession to include the termsand conditions regarding the composition of share-holding and management stipulated in this Agreement; and terms and conditions related to changes in the share-holding pattern stipulated in this Agreement.
Furthermore, variations in the execution of mining and processing plans, and unexpected delays in the construction of processing plants, may result in an inability to meet production schedules.
The Concession hereby granted is for a period of [●]11 years commencing from Date of Award of Concession during which the Concessionaire is authorized and obliged to implement the Project and to provide Project Facilities and Services in accordance with the provisions hereof.
Upon occurrence of any Force Majeure Event prior to the Date of Award of Concession, the Parties shall bear their respective costs and no Party shall be required to pay to the other Party any costs thereof.
The Concession hereby granted is for a period of 50 (Fifty)years commencing from Date of Award of Concession during which the Concessionaire is authorized and obliged to implement the Project and to provide Project Facilities and Services as per Scope of work in accordance with the provisions hereof.
The Concessionaire shall for due performance of its obligations, on or before the Date of Award of Concession, provide to Concessioning Authority an unconditional and irrevocable bank guarantee from Nationalized bank/ or a Scheduled Bank in India having a net worth of at least Rs. 1,000 crore (Rs. one thousand crore) in India, in favour of the Concessioning Authority encashable and enforceable at Mumbai substantially in the form set forth in Appendix 9 (the “Performance Guarantee”).
In particular, the articles of association and the memorandum of association of the Concessionaire shall be amended within 3 (three) months of the Date of Award of Concession to include the terms and 9This provision would be edited depending on whether the bidder is a single applicant or a Consortium.
In particular, the articles of association and the memorandum of association of the Concessionaire shall be amended within 3 (three) months of the Date of Award of Concession to include the terms and conditions regarding the composition of share- holding and management stipulated in this Agreement; and terms and conditions related to changes in the share-holding pattern stipulated in this Agreement.
The Concession hereby granted is for a period of 30 years commencing from Date of Award of Concession during which the Concessionaire is authorized and obliged to implement the Project and to provide Project Facilities and Services in accordance with the provisions hereof.