Common use of During Operations Period Clause in Contracts

During Operations Period. During the Operations Period, the Developer shall, on quarterly basis commencing from the Commercial Operation Date, prepare and submit to the Maintenance Review Committee/JTDCL a quarterly progress report, for the succeeding quarter. The quarterly progress report shall inter-alia provide following; i. maintenance plan for the Project Facility for the next quarter and a report on maintenance carried out during the previous quarter (including a commentary on any material deviation from expected maintenance activities as set out in the maintenance plan) ii. details of costs or expenses of operations, maintenance and other repairs incurred in that quarter or expected to be incurred in the following quarter on the Project Facility; iii. Number of visitors on each of the days during the previous quarter; iv. Compliance with the Operation Requirement; v. Copies of new insurances and any insurance renewed; vi. Details of Force Majeure Event, if any, which has occurred or which is imminent and fortnightly updates with respect to it as long as it continues or is imminent; vii. Details of any actual, pending or threatened material litigation, arbitration, claim or labour dispute relating to Project; viii. Details of the notices, if any issued under this Agreement; and ix. Any other information which JTDCL may specifically sought to be given by the Developer.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement