Divestment Requirements. 34.1.1 Upon Termination, the Concessionaire shall comply with and conform to the following Divestment Requirements:
Divestment Requirements. 18.1.1 Upon Termination of this Agreement for any reason whatsoever, the Operator shall comply with and conform to the following Divestment Requirements:
Divestment Requirements. 23.1.1 Upon Termination, the Concessionaire shall comply with and conform to the following Divestment Requirements: a notify to the Authority forthwith the location and particulars of all Project Assets; b deliver forthwith the actual or constructive possession of the Project including Project Site, free and clear of all Encumbrances, save and except to the extent set forth in the Substitution Agreement; c cure all Project Assets, including the approaches, pavements, structures, services and equipments of all defects and deficiencies so that the Project is compliant with the Maintenance Requirements; provided that in the event of Termination during the Completion Period, all Project Assets shall be handed over on “as is where is” basis after bringing them to a safe condition; d deliver and transfer relevant records, reports, Intellectual Property and other licenses pertaining to the Project and its Design, Development, Upgradation, O&M etc., including all programmes and manuals pertaining thereto, as on the Transfer Date. For the avoidance of doubt, the Concessionaire represents and warrants that the Intellectual Property delivered hereunder shall be adequate and complete for the design, development, upgradation, operation and maintenance of the Project and shall be assigned to the Authority free of any Encumbrance; e transfer and/or deliver all Applicable Permits to the extent permissible under Applicable Laws; f on the Transfer Date the Declaration of License shall automatically terminate and the Concessionaire, its subcontractors, agents, employees and licensees shall vacate the Project Facility and the leave the possession of the Project Assets; g execute such deeds of conveyance, documents and other writings as the Authority may reasonably require for conveying, divesting and assigning all the rights, title and interest of the Concessionaire in the Project and Project Site, including manufacturers’ warranties in respect of any services, plant or equipment and the right to receive outstanding insurance claims to the extent due and payable to the Authority, absolutely unto the Authority or its nominee; and h comply with all other requirements as may be prescribed or required under Applicable Laws for completing the divestment and assignment of all rights, title and interest of the Concessionaire in the Project, free from all Encumbrances, absolutely unto the Authority or to its nominee.
Divestment Requirements. Upon Termination, the Operator shall comply with and conform to the following Divestment Requirements:
Divestment Requirements. 29.1.1 Upon Termination, the Developer shall comply with and conform to the following Divestment Requirements:
Divestment Requirements. 47 27.2. Vesting Certificate …………………………………………………………………………………………………………………………47 27.3. Divestment costs …………………………………………………………………………………………………………………………..48 ARTICLE 28: ASSIGNMENT AND CHARGES ..................................................................................................48 28.1. Restrictions on assignment and charges ............................................................................................48 28.2. Permitted assignment and charges ……………………………………………………………………………………………….48 28.3. Substitution Agreement 49 28.4. Assignment by the Authority .............................................................................................................49 ARTICLE 29: LIABILITY AND INDEMNITY. 49 29.1. General indemnity .............................................................................................................................49 29.2. Indemnity by the Concessionaire. 49
Divestment Requirements. 26.1.1 Upon the successful completion of the Agreement Period by efflux of time or in case of exercise of option to exit this Agreement or Termination, the Operator shall comply with and conform to the following divestment requirements (the “Divestment Requirements”), not earlier than 6 (six) months but not later than [30 (thirty)] days prior to the such Completion, Exit or Termination of the Agreement Period:
Divestment Requirements. All defects and deficiencies specified in this Schedule-4 shall be repaired and rectified by the Developer so that the Project Facilities conforms to the Maintenance Requirements on the Handover Date. SCHEDULE 5 SCOPE OF WORK OF THIRD PARTY INSPECTOR 1 Scope
Divestment Requirements. 22.1.1 Upon Termination prior to the expiry of the Agreement, the Service Provider shall comply with and conform to the following divestment requirements (the “Divestment Requirements”), no later than 15 (fifteen) days from the date of such Termination of the Agreement Period, as the case may be:
Divestment Requirements. All defects and deficiencies specified in this Schedule shall be repaired and rectified by the Facility Manager so that the Station Area and the Assets and Project Utilities conforms to the Station Service Level Standards on the Transfer Date.
