Appointment of Mine Developer and Operator Sample Clauses

Appointment of Mine Developer and Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, Applicable Laws and the Applicable Permits, TANGEDCO hereby appoints the Project Company formed by Successful Bidder as the Mine Developer and Operator to Develop and operate the Mines and to excavate Coal for Delivery thereof (of the prescribed quantity and quality through opencast mining) to the TANGEDCO for the period upto the Life of Mine as per approved Plan or early termination thereof, commencing from the date of signing of the Coal Mining Agreement, and the Mine Developer and Operator hereby accepts such appointment and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Non-forest area of Mines are exhausted and the Mine Closure activities and Monitoring as required in approved Mine closure plan are carried out to the complete satisfaction of Coal Controller Organisation and/ or other Statutory Authorities and TANGEDCO.
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