Indirect Political Event definition

Indirect Political Event shall have the meaning set forth in Clause 21.3;

Indirect Political Event shall have the meaning set forth in Clause 21.3; “Insurance Cover” means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act orevent; “Intellectual Property” means all patents, trademarks, service marks, logos, get-up, trade names, internet domain names, rights in designs, blue prints, programmes and manuals, drawings, copyright (including rights in computer software), database rights, semi-conductor, topography rights, utility models, rights in know-how and other intellectual property rights, in each case whether registered or unregistered and including applications for registration, and all rights or forms of protection having equivalent or similar effect anywhere in theworld; “Interim Payment Certificate” or “IPC” means the interim payment certificate issued by the Authority’s Engineer for payment to the Contractor in respect of Contractor’s claims for payment raised in accordance with the provisions of this Agreement; “Joint Venture” means the group of entities which have come together for implementation of this Project; “Lead Member” shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Contract AgreementPage 22 of 153 “Widening / Improvement to 4 (Four) Lane with Paved Shoulder configuration of existing single lane road from Kachukhana Harichara Paglagaunj to Dhubri - Phulbari Bridge approach (Package-II) of Srirampur - Dhubri Section of NH-127B from existing Km 28.050 to Km 55.060 (Design Km 27.650 to Km 54.154), (Design Length=26.504 Km) on EPC Mode in the State of Assam under JICA - ODA loan assistance.” Mar 2022

Indirect Political Event shall have the meaning ascribed thereto in Clause 18.3; “Letter of Award” means the letter of award referred in Recital (G);

Examples of Indirect Political Event in a sentence

• Indirect Political Force Majeure Events: For purposes of Clause 27.1, Indirect Political Event shall mean one or more of the following acts or events: a) an act of war (whether declared or undeclared), invasion, armed conflict or act of foreign enemy, blockade, embargo, riot, insurrection, terrorist or military action, which prevents collection of Fees by the Concessionaire for a period exceeding a continuous period of 7 (seven) days in an Accounting Year.

• The Sponsor agrees to make available all financial records and documents as necessary on request of the Trust or its agents.

• For so long as the Contractor continues to claim to be affected by a Direct Malaysian Political Event or an Indirect Political Event, it shall keep the Purchaser advised in writing of any significant developments relating to such a Direct Malaysian Political Event or an Indirect Political Event, and such other information as the Purchaser may reasonably request about the Contractor's claim.

• If Termination is on account of an Indirect Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to: Debt Due less Insurance Cover; provided that if any insurance claims forming part of the Insurance Cover are not admitted and paid, then 80% (eighty per cent) of such unpaid claims shall be included in the computation of Debt Due; and 110% (one hundred and ten per cent) of the Adjusted Equity.

• A Force Majeure event shall mean occurrence in India of any or all of Non-Political Event, Indirect Political Event and /or Political Event.

More Definitions of Indirect Political Event

Indirect Political Event shall have the meaning ascribed thereto in Article 15.3.

Indirect Political Event shall have the meaning as set forth in Clause 28.3; “Inspection Report” shall have the meaning as set forth in Clause 15.2;

Indirect Political Event shall have the meaning as set forth in Clause 15.3; “LOA” or “Letter of Award” means the letter of award referred to in Recital (D); “Letter of Credit” shall have the meaning as set forth in Clause 12.1.1;

Indirect Political Event shall have the meaning set forth in Clause Error! Reference source n ot found.;

Indirect Political Event shall have the meaning ascribed thereto in Clause22.3.

Indirect Political Event shall have the meaning as set forth in Clause 25.3; “Inflation Multiple” shall have the meaning as set forth in Clause 21.5.3;

Indirect Political Event shall have the meaning set forth in Clause 19.3 of the Draft Contract Agreement;