Authority’s right. to take remedial measures In the event the Concessionaire does not maintain, repair and/or rectify any defects and deficiencies in the Project or any part thereof in conformity with the Maintenance Requirements and fails to commence remedial works within [15 (fifteen)] days of receipt of the O&M Inspection Report or notice in this behalf from the Authority or the Independent Expert, as the case may be, the Authority, without prejudice to its rights under this Agreement including Termination thereof, be entitled to undertake such remedial measures at the risk and cost of the Concessionaire, and to recover its cost from Concessionaire. In addition to recovery of the aforesaid cost, a sum equal to [20% (twenty per cent)] of such cost shall be paid by the Concessionaire to the Authority as Damages. For avoidance of doubt, the rights of the Authority under this Clause 18.3 shall be without prejudice to its rights and remedies under Clause 18.4.
Appears in 6 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
