Common use of Existing Contracts Clause in Contracts

Existing Contracts. 13.4.1 Notwithstanding anything contained herein, the Facility Manager agrees and acknowledges that Existing Contracts shall continue to subsist for the duration of the entire tenure stated in the respective contract thereof, and the Facility Manager shall not be entitled to terminate and/ or require the termination of such existing Sub- Licenses/ Contracts, save and except according to the terms thereof. Provided that the Parties shall co-ordinate with the MOR and/ or Railway Administration to procure the Novation of the said existing Sub-Licenses/ contracts, such that the Facility Manager shall be entitled to receive all payments due to MOR and/ or Railway Administration thereunder on and from the SFMA Appointed Date, and the Facility Manager shall provide Authority all reasonable assistance in the said Novation, including by way of executing all necessary deeds, documents, instruments and/ or agreements as may be required to give effect to such Novation. Provided that:

Appears in 13 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

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Existing Contracts. 13.4.1 Notwithstanding anything contained herein, the Facility Manager agrees and acknowledges that Existing Contracts shall continue to subsist for the duration of the entire tenure stated in the respective contract thereof, and the Facility Manager shall not be entitled to terminate and/ or require the termination of such existing Sub- Licenses/ Contracts, save and except according to the terms thereof. Provided that the Parties shall co-ordinate with the MOR and/ or Railway Administration to procure the Novation of the said existing Sub-Licenses/ contracts, such that the Facility Manager shall be entitled to receive all payments due to MOR and/ or Railway Administration thereunder on and from the SFMA Appointed Date, and the Facility Manager shall provide Authority all reasonable assistance in the said Novation, including by way of executing all necessary deeds, documents, instruments and/ or agreements as may be maybe required to give effect to such Novation. Provided that:

Appears in 1 contract

Samples: Management Agreement

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