Examples of Project Implementation Plan in a sentence
On receipt of such comments/observation from the Authority, the Developer shall within 15 (fifteen) days submit a revised Project Implementation Plan to the Authority for its approval.
The Project Implementation Plan will be considered deemed approved by Authority if any comments / observations are not shared with the Developer within 60 (sixty) days of receipt of the Project Implementation Plan from the Authority.
After approval by the Authority, the Project Implementation Plan (“Approved Project Implementation Plan”) shall be signed by the Parties and appended to this Agreement as Schedule 9.
Upon such request, the Authority may for valid reasons and for reasons beyond the control of Parties, waive the delay to submit the Project Implementation Plan and extend the date for submission of Project Implementation Plan but not later than for a further period of 30 (thirty) days, subject to payment of penalty amount calculated at the rate of 0.2% (zero point two per cent) of the Performance Security for each day's delay until the submission of the same to the Authority.
In case the development of the Project Facilities is not carried out as per the Approved Project Implementation Plan, the Authority shall, subject to the provisions of Clause 9.2, be entitled to terminate this Agreement.