Vesting Certificate definition

Vesting Certificate shall have the meaning set forth in Clause 28.4; and
Vesting Certificate means a certificate substantially in the form set forth in Schedule 35 (Vesting Certificate); and
Vesting Certificate means a certificate substantially in the form set forth in Schedule 13 (Vesting Certificate); and

Examples of Vesting Certificate in a sentence

  • It is expressly agreed that the issue of Vesting Certificate shall not in any manner be construed or interpreted as restricting the exercise of any rights by the Concessioning Authority or its nominee on, or in respect of, the Project on the footing that all requirements under the Agreement have been complied with by the Concessionaire.

  • The divestment of all rights and title in the Project shall be deemed to be complete on the date of issue of the Vesting Certificate.

  • The Performance Security shall be rolled over periodically and shall be renewed 3 (three) months prior to its expiry so as to keep it valid and subsisting with full force and effect until issue of Vesting Certificate by Authority and thereafter until expiry of two months from end of the Defects Liability Period.

  • Provided that no appropriation shall be made under sub-clause (j) of this Article 20.4.1 until a Vesting Certificate has been issued by the Authority.

  • Subject always to the provisions of clause 2.10, from the date of issue of each Vesting Certificate for each Stage of the Works, xxx Xxxxxxxxxx shall be responsible for operating and maintaining that Stage of the Works.


More Definitions of Vesting Certificate

Vesting Certificate shall have the meaning ascribed to it in Article 6.6 (viii).
Vesting Certificate shall have the meaning as set forth in Article 22.3
Vesting Certificate means a certificate issued under section 14 and includes a replacement vesting certificate issued under section 14A;
Vesting Certificate means the certificate issued under Article 33.4, after the termination of this Concession Agreement.
Vesting Certificate has the meaning set out in Clause 14.2.
Vesting Certificate means a certificate issued under section
Vesting Certificate means and includes conformity with all Divestment requirements and handing over of Project Highway to MPRDC and shall have the meaning attributed to it in Clause 30.2.4. 119 “Scheme for Support to Public Private Partnerships in Infrastructure "means the promulgated by the Ministry of Finance in July, 2005 whereby which the Government of India had put into effect a scheme for providing financial support to bridge the viability gap of infrastructure projects undertaken through Public Private Partnerships as given at schedule-O 120 “WPI” means the Wholesale Price Index published by the Ministry of Industry, GOI and shall include any index, which substitutes such the WPI.