Incomplete Construction. In the event the Concessionaire fails to complete the Project in accordance with the Project Completion Schedule, including any Time Extension granted under this Agreement, the Concessionaire shall endeavour to complete the balance work expeditiously and shall pay Damages to the Authority in accordance with the provisions of Clause 15.2 for delay of each day until the Project are completed in accordance with the provisions of this Agreement. Recovery of Damages under this Clause shall be without prejudice to the rights of the Authority under this Agreement including the right to Termination under Article 36.
Appears in 1 contract
Sources: Model Concession Agreement
Incomplete Construction. In the event the Concessionaire fails to complete the Project in accordance with by the Project Scheduled Completion ScheduleDate, including any Time Extension granted under this Agreement, the Concessionaire shall endeavour endeavor to complete the balance work expeditiously and shall pay Damages to the Authority in accordance with the provisions of Clause 15.2 for delay of each day until the Project are is completed in accordance with the provisions of this Agreement. Recovery of Damages under this Clause shall be without prejudice to the rights of the Authority under this Agreement including the right to Termination under Article 36.
Appears in 1 contract
Sources: Concession Agreement
Incomplete Construction. In the event the Concessionaire fails to complete the Project in accordance with by the Project Scheduled Completion ScheduleDate, including any Time Extension granted under this Agreement, the Concessionaire shall endeavour endeavor to complete the balance work expeditiously and shall pay Damages to the Authority in accordance with the provisions of Clause 15.2 for delay of each day until the Project are completed in accordance with the provisions of this Agreement. Recovery of Damages under this Clause shall be without prejudice to the rights of the Authority under this Agreement including the right to Termination under Terminationunder Article 36.
Appears in 1 contract
Sources: Concession Agreement