Common use of During Operation Period Clause in Contracts

During Operation Period. the Concessionaire shall, no later than 10 (ten) days after the close of each month, furnish to the Authority a monthly management report which shall be a summary of: a) key performance indicators such as poppy straw processed and CPS produced, production of alkaloids and ratio of the same i.e. morphine, codeine, thebaine, etc. achieved in the month, alkaloid extraction efficiency, achieved in the month, along with an analysis of reasons for failures, if any, and proposals to remedy the same; b) key operational hurdles and deliverables expected in the succeeding month along with strategies for addressing the same and for otherwise improving the Project’s operational performance; and c) key financial parameters for the month, as benchmarked against the monthly budget, the reasons for shortfall, if any, and proposals to remedy the same.