ISO certification. 12.18.1. The Concessionaire shall, within 6 (six) months from COD, achieve and thereafter maintain throughout the Concession Period, the applicable ISO certifications, including ISO /TS 22003:2007, or a substitute thereof for all the facilities at the Project Facility, and shall provide a certified copy thereof to the Authority forthwith. ▇▇.▇▇.▇. ▇▇ the event of default in obtaining the certifications specified in Clause 12.8.1, the Concessionaire shall, within 15 (fifteen) days thereof, submit to the Authority an action plan that sets out the actions proposed to be taken by the Concessionaire for rectifying its deficiencies and obtaining such certifications for all facilities of the Project Facility. 12.18.3. If the period of default in obtaining the ISO certifications under this Clause 12.18 shall exceed a continuous period of 3 (three) months, the Concessionaire shall thereafter pay Damages to the Authority in an amount equal to 0.5% (zero point five per cent) of the Fixed Storage Charge for every 1 (one) month of default beyond the aforesaid period of 3 (three) months.
Appears in 5 contracts
Sources: Concession Agreement, Concession Agreement, Concession Agreement
ISO certification. 12.18.117.27.1. The Concessionaire shall, within 6 (six) months from COD, achieve and thereafter maintain throughout the Concession Period, the applicable ISO certifications, including ISO /TS 22003:2007, or a substitute thereof for all the facilities at the Project Storage Facility, and shall provide a certified copy thereof to the Authority forthwith.
▇▇.▇▇.▇17.27.2. ▇▇ In the event of default in obtaining the certifications specified in Clause 12.8.117.27.1, the Concessionaire shall, within 15 (fifteen) days thereof, submit to the Authority an action plan that sets out the actions proposed to be taken by the Concessionaire for rectifying its deficiencies and obtaining such certifications for all facilities of the Project Storage Facility.
12.18.317.27.3. If the period of default in obtaining the ISO certifications under this Clause 12.18 17.26 shall exceed a continuous period of 3 (three) months, the Concessionaire shall thereafter pay Damages to the Authority in an amount equal to 0.5% (zero point five per cent) of the Fixed Storage Charge for every 1 (one) month of default beyond the aforesaid period of 3 (three) months.
Appears in 3 contracts
Sources: Concession Agreement, Concession Agreement, Concession Agreement