Construction of Funded Works Sample Clauses

Construction of Funded Works. 12.6.1 The Authority acknowledges, agrees and undertakes that it shall, in accordance with the provisions of this Clause 12.6, reimburse the capital costs incurred by the Operator for and in respect of the construction works referred to in Clause 12.6.2 (the “Funded Works”).
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Construction of Funded Works. 19.7.1 The TANGEDCO has determined that the capital cost of the Funded Works specified in Clause 19.7.2 shall not be borne by the Mine Developer and Operator and shall be reimbursed by the TANGEDCO in accordance with the provisions of this Clause 19.7. The works have to be executed by MDO at his expense. The actual documented expenditure or the pre-determined maximum amount, whichever is less, will be reimbursed by TANGEDCO after completion of the works and certification of Independent Engineer, in three annual installments, without interest. Any expenditure in excess thereof shall, save and except where such excess is on account of Force Majeure, Change of Scope or Change in Law, as the case may be, shall be borne entirely and solely by the Mine Developer cum Operator. All the above infrastructure facilities shall be registered in the name of TANGEDCO and shall be handed over to TANGEDCO at the end of life of mine or early termination thereof. The operation and maintenance of the above infrastructure facilities including all the repairs/replacement as and when required shall be carried out by the MDO at their own expenses and TANGEDCO is not liable to bear any such expenses.
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Construction of Funded Works. 19.7.1 The TANGEDCO has determined that the capital cost of the Funded Works specified in Clause 19.7.2 shall not be borne by the Mine Developer and Operator and shall be paid by the TANGEDCO in accordance with the provisions of this Clause 19.7. The works have to be executed by MDO at their expense. The actual cost shall be paid by TANGEDCO after completion of the works and certification of Independent Engineer.
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Construction of Funded Works. The Authority acknowledges, agrees and undertakes that it shall, in accordance with the provisions of this Clause 12.6, reimburse the capital costs incurred by the Operator for and in respect of the Construction Works referred to in Clause 12.6.2 (the “Funded Works”). The Parties acknowledge and agree that the lump sum costs of all Construction Works comprising Funded Works, as specified in Schedule-A, shall be deemed to be Rs. {*** (Rupees ********)}. The Parties further agree that the amount specified hereinabove shall be modified to the extent of variation in WPI occurring between the Bid Date and the Appointed Date, and the amount so revised shall be due and payable to the Operator. The Parties also acknowledge that the aforesaid costs of Funded Works have not been included in the figure specified in the definition of Total Project Cost.
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Related to Construction of Funded Works

  • Construction of Public Improvements a. Upon satisfaction of the conditions set forth in Paragraph 2.1 and the notice requirement set forth below, Developer shall construct the Public Improvements at its own expense in accordance with this Agreement, the Final Plat, the Resolution, the Civil Engineering Construction Plans, the Town’s ordinances, resolutions and regulations and all other applicable laws and regulations. All Public Improvements shall be installed and constructed within the rights- of-way or easements dedicated to the Town. Unless otherwise approved by the Town in writing, all materials used for constructing the Public Improvements shall be materials set forth on the Town’s approved material list. Workmanship and materials shall be of good quality.

  • Construction of Agreement The parties mutually acknowledge that they and their attorneys have participated in the preparation and negotiation of this Agreement. In cases of uncertainty this Agreement shall be construed without regard to which of the parties caused the uncertainty to exist.

  • Construction of Improvements (A) Lessee warrants and agrees that the Building will be constructed on the Leased Premises, and all other improvements to the land, including the parking lot, approaches, and service areas, will be constructed in all material respects by Lessee substantially in accordance with the plot, plans, and specifications heretofore submitted to Lessor.

  • Construction Phase - Administration of the Construction Contract 1.6.1 The Construction Phase shall commence with the acceptance of the Construction Manager’s Guaranteed Maximum Price (or acceptance of a partial Guaranteed Maximum Price for a stage or phase) and issuance of a Notice to Proceed with Construction Services and terminate sixty (60) days after Final Payment to the Contractor is made, or when all of Architect/Engineer’s services have been satisfactorily performed, whichever occurs later.

  • Acceptance of Improvements Notwithstanding the fact that the Bond Amount may be reduced upon partial completion of the Improvements, neither shall any partial reduction nor shall any full reduction of the Bond Amount constitute final acceptance (”Acceptance”) of the Improvements by the City. Acceptance of the Improvements must be by Resolution of the City Council, pursuant to Tooele City Code '7-19-32.

  • Construction Phase Part 1 –

  • Construction of Contract Both parties have participated fully in the review and revision of this contract. Any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not apply to the interpretation of this contract.

  • Application of General Conditions These General Conditions set forth the terms and conditions generally applicable to the Development Grant Agreement to the extent and subject to any modifications set forth in such agreement.”

  • Construction of the Agreement The Agreement sets forth the entire understanding between two sophisticated business entities with legal counsel as to its subject and supersedes all prior agreements, conditions, warranties, representations, arrangements and communications, including purchase orders issued by Client, whether oral or written, and whether with or by Accenture, any of its affiliates, or any of their employees, officers, directors, agents or shareholders. Each party acknowledges that it entered into the Agreement solely based on the agreements and representations contained herein, and has not relied upon any representations, warranties, promises, or inducements of any kind, whether oral or written, and from any source. If a court of competent jurisdiction finds any term of the Agreement to be invalid, illegal or otherwise unenforceable, such term or provision will not affect the other terms of this Agreement and will be deemed modified to the extent necessary, in the court’s opinion, to render such term enforceable while preserving to the fullest extent permissible the intent and agreements of the parties set forth in this Agreement. No waiver or modification of any provision of the Agreement will be effective unless it is in writing and signed by the party against which it is sought to be enforced. The delay or failure by either party to exercise or enforce any of its rights under this Agreement is not a waiver of that party’s right to later enforce those rights, nor will any single or partial exercise of any such right preclude any other or further exercise of these rights or any other right. There are no third-party beneficiaries to the Agreement. In the event of a conflict between these GTC and an Order Form, the Order Form controls for purposes of that Order Form only.

  • Suspension of unsafe Construction Works (i) Upon recommendation of the Authority’s Engineer to this effect, the Authority may by notice require the Contractor to suspend forthwith the whole or any part of the Works if, in the reasonable opinion of the Authority’s Engineer, such work threatens the safety of the Users and pedestrians.

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