Common use of Geological and archaeological finds Clause in Contracts

Geological and archaeological finds. ‌ It is expressly agreed that mining, geological or archaeological rights do not form part of the licence granted to the Concessionaire under this Agreement and the Concessionaire hereby acknowledges that it shall not have any mining rights or interest in the underlying minerals, fossils, antiquities, structures or other remnants or things either of particular geological or archaeological interest and that such rights, interest and property on or under the Project Site shall vest in and belong to the Concessioning Authority or the concerned Government Instrumentality. The Concessionaire shall take all reasonable precautions to prevent its workmen or any other person from removing or damaging such interest or property and shall inform the Concessioning Authority forthwith of the discovery thereof and comply with such instructions as the concerned Government Instrumentality may reasonably give for the removal of such property. For the avoidance of doubt, it is agreed that any reasonable expenses incurred by the Concessionaire hereunder shall be reimbursed by the Concessioning Authority. It is also agreed that the Concessioning Authority shall procure that the instructions hereunder are issued by the concerned Government Instrumentality within a reasonable period.

Appears in 3 contracts

Samples: Concession Agreement, Draft Concession Agreement, Concession Agreement

AutoNDA by SimpleDocs

Geological and archaeological finds. It is expressly agreed that mining, geological or archaeological rights do not form part of the licence Concession/ Lease granted to the Concessionaire under this Agreement and the Concessionaire hereby acknowledges that it shall not have any mining rights or interest in the underlying minerals, fossils, antiquities, structures or other remnants or of things either of particular geological or archaeological interest and that such rights, interest and property on or under the Project Site shall vest in and belong to the Concessioning Authority or the concerned Government Instrumentality. The Concessionaire shall take all reasonable precautions to prevent its workmen workers or any other person from removing or damaging such interest or property and shall inform the Concessioning Authority forthwith of the discovery thereof and comply with such instructions as the concerned Government Instrumentality may reasonably give for the removal of such property. For the avoidance of doubt, it is agreed that any reasonable expenses incurred by the Concessionaire hereunder shall be reimbursed by the Concessioning Authority. It is also agreed that the Concessioning Authority shall procure that the instructions hereunder are issued by the concerned Government Instrumentality within a reasonable period.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Geological and archaeological finds. It is expressly agreed that mining, geological or archaeological rights do not form part of the licence granted to the Concessionaire under this Agreement and the Concessionaire hereby acknowledges that it shall not have any mining rights or interest in the underlying minerals, fossils, antiquities, structures or other remnants or things either of particular geological or archaeological interest and that such rights, interest and property on or under the Project Site shall vest in and belong to the Concessioning Authority or the concerned Government Instrumentality. The Concessionaire shall take all reasonable precautions to prevent its workmen or any other person from removing or damaging such interest or property and shall inform the Concessioning Authority forthwith of the discovery thereof and comply with such instructions as the concerned Government Instrumentality may reasonably give for the removal of such property. For the avoidance of doubt, it is agreed that any reasonable expenses incurred by the Concessionaire hereunder shall be reimbursed by the Concessioning Authority. It is also agreed that the Concessioning Authority shall procure that the instructions hereunder are issued by the concerned Government Instrumentality within a reasonable period.

Appears in 1 contract

Samples: Draft Concession Agreement

Geological and archaeological finds. oject It is expressly agreed that mining, geological or archaeological rights do not form part of the licence granted to the Concessionaire under this Agreement and the Concessionaire hereby acknowledges that it shall not have any mining rights or interest interests in the underlying minerals, fossils, antiquities, structures or other remnants or things either of particular geological or archaeological interest and that such rights, interest and property or on or under the Project Site shall vest in and belong to the Concessioning Authority MOPIT or the concerned Government Instrumentality. The Concessionaire shall take oject all reasonable precautions to prevent its workmen or any other person from removing or damaging such interest or property and shall inform the Concessioning Authority MOPIT forthwith of the discovery thereof and comply with such instructions as the concerned Government Instrumentality may reasonably give for the removal of such property. For the avoidance of doubt, it is agreed that any reasonable expenses incurred by the Concessionaire hereunder shall be reimbursed by the Concessioning AuthorityMOPIT. It is also agreed that the Concessioning Authority Government shall procure that the instructions hereunder are issued by the concerned Government Instrumentality within a reasonable period.

Appears in 1 contract

Samples: Concession Agreement

AutoNDA by SimpleDocs

Geological and archaeological finds. It is expressly agreed that mining, geological or archaeological rights do not form part of the licence granted to the Concessionaire under this Agreement and the Concessionaire hereby acknowledges that it shall not have any mining rights or interest in the underlying minerals, fossils, antiquities, structures or other remnants or things either of particular geological or archaeological interest and that such rights, interest and property on or under the Project Site Sites shall vest in and belong to the Concessioning Authority Government or the concerned Government Instrumentality. The Concessionaire shall take all reasonable precautions to prevent its workmen or any other person from removing or damaging such interest or property and shall inform the Concessioning Authority forthwith of the discovery thereof and comply with such instructions as the concerned Government Instrumentality may reasonably give for the removal of such property. For the avoidance of doubt, it is agreed that any reasonable expenses incurred by the Concessionaire hereunder shall be reimbursed by the Concessioning Authority. It is also agreed that the Concessioning Authority shall procure that the instructions hereunder are issued by the concerned Government Instrumentality within a reasonable period.

Appears in 1 contract

Samples: Concession Agreement

Geological and archaeological finds. It is expressly agreed that mining, geological or archaeological rights do not form part of the licence granted to the Concessionaire under this Agreement and the Concessionaire hereby acknowledges that it shall not have any mining rights or interest in the underlying minerals, fossils, antiquities, structures or other remnants or things either of particular geological or archaeological interest and that such rights, interest and property on or under the Project Site Licensed Premises shall vest in and belong to the Concessioning Authority or the concerned Government Instrumentality. The Concessionaire shall take all reasonable precautions to prevent its workmen or any other person from removing or damaging such interest or property and shall inform the Concessioning Authority forthwith of the discovery thereof and comply with such instructions as the Authority or the concerned Government Instrumentality may reasonably give for the removal of such property. For the avoidance of doubt, it is agreed that any reasonable expenses incurred by the Concessionaire hereunder shall be reimbursed by the Concessioning Authority. It is also agreed that the Concessioning Authority shall procure that the instructions hereunder are issued by it or the concerned Government Instrumentality within a reasonable period.period so as to enable the Concessionaire to continue its Construction Works with such modifications as may be deemed necessary.]18

Appears in 1 contract

Samples: niti.gov.in

Time is Money Join Law Insider Premium to draft better contracts faster.