Indirect Political Event definition

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

Examples of Indirect Political Event in a sentence

  • 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% of such unpaid claims shall be included in the computation of Debt Due; and 110% (one hundred and ten percent) of the Adjusted Equity.


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 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; Contract AgreementPage 21 of 159 Widening & Upgradation to 4-lane with paved shoulder from km 16.700 (end of Seer Hamdan Bypass) to km 39.450 (start of Pahalgam Bypass), Package-II of Khanabal - Pahalgam - Chandanwadi - Baltal section of NH-501 in the UT of Jammu & Kashmir on EPC Mode January’ 2024 “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 Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway; “LOA” or “Letter of Acceptance” means the letter of acceptance issued by the Authority as referred to in Recital (D); “Maintenance” means the maintenance of the Project Highway as set forth in Article 14 for the period specified therein; “MaintenanceInspectionReport”shallhavethemeaningsetforthinClause15.2; “Maintenance Manual” shall have the meaning ascribed to it in Clause 10.7; “Maintenance Programme” sh...
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 set forth in Clause 19.3 of the Draft Contract Agreement;
Indirect Political Event shall have the meaning ascribed thereto in Article 12. “Maintenance Manual” shall have the meaning ascribed to it in Article 9.5. "Maintenance Programme" shall have the meaning ascribed to it in Article 9.6.