Approval Procedure for Drafts of Contracts and Amendments to Contracts. The CTA shall approve or object to all Drafts of Contracts and amendments to Contracts in accordance with the following approval procedure. 6.4.1. The CTA shall review all Drafts of Contracts and amendments to Contracts and shall either approve or object in writing to such as soon as is reasonably practicable and, where objection is made, the CTA shall specify the grounds for such objection. 6.4.2. The CTA will not unreasonably object to Drafts of Contracts or amendments to a Contract. 6.4.3. Where the CTA has raised an objection to a Draft of a Contract or amendment to a Contract, the CTA and the Concessionaire shall use their best efforts to resolve the issue within 14 days. 6.4.4. Where an approval has been granted by the CTA, the applicable Contract or amendment to a Contract shall be attached to this Agreement in Annex D and shall thereafter constitute an integral part of this Agreement.
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement