ESEP Deed definition

ESEP Deed means the deed made by the State and Clepco on or about the date of this agreement and providing for, amongst other things, the operation, maintenance, repair and tolling of the Exhibition Street Extension by Clepco.
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ESEP Deed means the deed made by the State and Clepco on or about the date of the Fourth Amending Deed and providing for, amongst other things, the operation, maintenance, repair and tolling of the Exhibition Street Extension by Clepco.42
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ESEP Deed means the deed made by the State and
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Examples of ESEP Deed in a sentence

  • In certain circumstances, Clepco may terminate the ESEP Deed under clause 15.3 of that Deed.

  • The coming into operation of this Agreement, the Fourth Amending Deed, the ESEP Deed, the ESEP Project Legislation and the PSA does not constitute an Appendix Event pursuant to item 4 of the Appendix to either Relevant Deed.

  • OpCo acknowledges that it has received a copy of the Concession Deed, the ESEP Deed, the Deed of Charge and the ESEP Deed of Charge.

  • For the purpose of clause 2.12(d) of the ESEP Deed, the method of determining the effect of an Appendix Event shall be determined using the method specified in clause 2.12(d) of the Concession Deed.

  • Subject to clauses 16.8 and 16.9, the State shall indemnify and keep the Company indemnified from and against any loss in tolling revenue by the Company in respect of Southern Link to the extent to which such loss is caused by a full closure or partial closure in accordance with clauses 4.15 to 4.32 of the ESEP Deed.

  • Except as otherwise expressly provided in this Deed or (as between the State and the Company and Clepco) the Concession Deed or the ESEP Deed (as applicable), each party must pay its own costs and expenses in connection with negotiating, preparing, executing and performing this Deed.

  • Subject to the foregoing, the State's only liability for a Variation under either Relevant Deed to any party to a Relevant Deed is its liability to Clepco (in the case of a Variation under the ESEP Deed) or to the Company and Trustee (in the case of a Variation under the Concession Deed) for Variation Costs, as agreed or determined under the Relevant Deed.

  • In certain circumstances, the State must pay under the Concession Deed and the ESEP Deed an amount equal to the Early Termination Amount or an amount calculated by reference to the Early Termination Amount.

  • Subject to the provisions of the ESEP Deed relating to Delivery, that obligation only applies outside the Project Land and ESEP Land, taken together.

  • If the ESEP Deed is terminated by the State, Clepco is obliged under that Deed to pay a certain amount to the State.