Commercial Contract means, the Contract Agreement for Phase II of the Kostolac B-Power Plant Project with the contract number 127/26-13 for the purpose of the implementation of the Project entered by and between Public Enterprise “Elektroprivreda Srbije” and the Subsidiary Company “Termoelektrane i kopovi Kostolac” d.o.o. and China Machinery Engineering Corporation (CMEC) on November 20, 2013 with the total amount of US dollar seven hundred and fifteen million six hundred thousand only ($715,600,000.00 ).
Commercial Contract means, the Commercial Contract on Design and Execution of Works on Construction of the Highway E-763, Preljina-Pozega Section with the contract number 000-00-000/2017-01 for the purpose of the implementation of the Project entered by and between the Republic of Serbia, represented by Government of the Republic of Serbia, on behalf by Professor Ph.D Xxxxxx X. Xxxxxxxxxx, Deputy Prime Minister and Minister of Construction, Transport and Infrastructure, as the Financier and Public Enterprise “Roads of Serbia”, as the Investor and China Communications Construction Company Ltd., as the Contractor on November 27, 2017 with the total amount of US Dollar Five Hundred Twenty Three Million and Five Hundred Thirty Thousand only ($523,530,000.00).
Commercial Contract means, the Commercial Contract For Construction of Highway E763, Sector: Obrenovac-Ljig with the contract number 000-00-000/2012 for the purpose of the implementation of the Project entered by and between the Ministry for Construction and Urbanism and Koridori Srbije d.o.o. Beograd and China Shandong International Economic and Technical Cooperation Group Ltd. of Shandong Hi-speed Group Co Ltd. on 13 May, 2013 with the total amount of three hundred and thirty three million seven hundred and forty seven thousand five hundred and forty US Dollar only (US$333,747,540.00 ).
Examples of Commercial Contract in a sentence
Any prepayment of a Loan pursuant to Clause 7.2 (Sinosure Policy Event), Clause 7.3 (Commercial Contract), Clause 7.4 (Mandatory prepayment – Sanctions Trigger Event) and Clause 7.7 (Voluntary prepayment of Loans) shall be applied pro rata to each Lender's participation in that Loan and, within each Lender's participation in that Loan, in the order provided under Clause 26.5 (Partial Payment).
The proceeds of the proposed Loan shall be in aggregate of EUR 203,400,928 and paid directly to the Borrower Account and the Borrower shall, promptly upon receipt thereof, transfer such proceeds in EUR to the Contractor Account, in accordance with the Commercial Contract, and once so transferred, the obligations of the Borrower under this Clause 5.5 shall be deemed satisfied.
More Definitions of Commercial Contract
Commercial Contract means, the Commercial Contract on Design and Execution of Works on Construction of the Highway E-763, Section Surcin- Obrenovac with the contract number 351-5684/2016-2 for the purpose of the implementation of the Project entered by and between the Government of the Republic of Serbia represented by the Ministry of Construction, Transport and Infrastructure, as the Financier, and Public Enterprise “Roads of Serbia”, as the Investor and China Communications Construction Company Ltd., as the Contractor on June 18, 2016 with the total amount of US Dollar Two Hundred and Thirty Three Million and Six Hundred and Sixty Nine Thousand and Two Hundred and Eighty only ($233,669,280.00 ).
Commercial Contract means the Commercial Contract on Design and Execution of Works on Construction of the Municipal (Sewage) Infrastructure in the Republic of Serbia signed on 5 February 2021 and entered into by the Project Owner and the Contractor, as amended and supplemented by the Annexes thereto dated 4 June 2021, 5 August 2021, 21 September 2021 and "Commercial Contract Price" means the amount payable by the Project Owner to the Contractor under the Commercial Contract, which amount shall be EUR 239,295,216.00. "Commitment" means:
Commercial Contract means, the Commercial Contract on Design and Execution of Works on Construction of the Fast Road – IB Category State Road No. 21 Novi Sad – Ruma (“Fruškogorski Corridor”) Project with the contract number 48- 00-7081/2020-3 for the purpose of the implementation of the Project entered by and between Republic of Serbia, represented by the Government of the Republic of Serbia, on behalf of the Ministry of Construction, Transport and Infrastructure as the “Financer” and Public Enterprise “Roads of Serbia” as the “Investor” and Koridori Srbije d.o.o as the “Employer” and China Road and Bridge Corporation as the “Contractor” on 6th of October 2020 with the total amount of US Dollar Seven Hundred Fifteen Million and Seven Hundred Forty Six Thousand and Six Hundred only (US$715,746,600.00 ).
Commercial Contract means, the Commercial Contract on Modernization and Reconstruction of Hungarian-Serbian Railway Connection in the Territory of the Republic of Serbia, for Section Novi Sad-Subotica-State Border (Kelebija) for the purpose of the implementation of the Project entered by and between the Government of the Republic of Serbia represented by the Ministry of Construction, Transport and Infrastructure, as the Financier and Joint Stock Company for Public Railway Infrastructure Management “Infrastructure of Serbian Railways”, as the Investor and JV “China Railway International Co. Ltd” & “China Communications Construction Company Ltd”, as the Contractor on July 7, 2018 with the total amount of US Dollar One Billion One Hundred and Sixty Two Million Eight Hundred and Ten Thousand only (US$ 1,162,810,000.00 ).
Commercial Contract means, the Contract Agreement for the execution of the Phase I of the Package Project Kostolac-B Power Plant Projects with the contract number I-170/48-10 and Annex 1 to the Contract Agreement with number 305/13-11 for the purpose of the implementation of the Project entered by and between the Public Enterprise “Elektroprivreda Srbije” and Subsidiary Company TERMOELEKTRANE I KOPOVI KOSTOLAC d.o.o., of the one part and Consortium consist of China Machinery Engineering Corporation (CMEC) and Subsidiary Company TERMOELEKTRANE I KOPOVI KOSTOLAC d.o.o on December 08, 2010 with the total amount of three hundred forty four million six hundred and thirty thousand US dollar only (US$344,630,000.00).
Commercial Contract means, the the Commercial Contract on Belgrade Bypass Project - Construction of Highway E70/E75, Section: Bridge over Sava near Ostruznica-Bubanj Potok (Sectors 4, 5 and 6) with the contract number 000-00-00000/2016-01 entered by and between Republic of Serbia, represented by the Government of the Republic of Serbia, on behalf of the Ministry of Construction, Transport and Infrastructure as the Employer and Public Enterprise “Roads of Serbia” as the Beneficiary and Power Construction Corporation of China, Limited as the Contractor on November 5, 2016 with the total amount of Two Hundred and Twenty Seven Million Seven Hundred and Twenty Nine Thousand Three Hundred and Twenty One Euro only (€227,729,321).