Examples of Sand Mining Agreement in a sentence
The MDO assigns any part of the scope of work/ role/ responsibility of MDO under the Sand Mining Agreement without prior written consent of WBMDTCL.
During the period between the date of acceptance of LOI and date of expiry/termination of Sand Mining Agreement, all the terms and conditions of the RFP, subsequent corrigendum thereto, letter of award & Agreement will be applicable.
We declare that after singing the Sand Mining Agreement shall commence the sand mining production as per time period mentioned in the RFP.
Notwithstanding any dispute or difference between MDO and WBMDTCL pending before any court, tribunal, or any other Authority, WBMDTCL shall have right to invoke the Performance Security and Additional Performance Security, if applicable, and Premium Fee Guarantee as per the terms and conditions of the Sand Mining Agreement.
In case, the date of execution of Sand Mining Agreement, does not occur within six month from acceptance of LOI and or one month from the obtaining the Environmental Clearance (EC) of the sand block, whichever is earlier further reasoned decision would be taken by WBMDTCL including cancellation of LOI , EMD and forfeiting one year advance premium amount paid .
Initially the tenure of the Agreement (“Contract Period”) shall be of 5 years from the date of execution of Sand Mining Agreement.
Sand Mining Agreement shall be signed only after submission of Advance Premium Amount, acceptance of LoI, Performance Security, Premium Fee Guarantee Additional Performance Security, if applicable, and obtaining of all statutory approval.
Delay in production of Sand by more than 1 (one) month from signing of Sand Mining Agreement of Work due to fault of the MDO.
We declare that after acceptance of LOI, shall arrange all the statutory approval such as Mining Plan/ Obtaining the environment clearance, CTO/CTE etc., to commence the production of sand and enter into the Sand Mining Agreement by submitting Performance Security, Additional Performance Security, if applicable and premium fee guarantee as per time period mentioned in the RFP.
The tenure of the Agreement (“Contract Period”) shall be of 5 years from the date of execution of Sand Mining Agreement.