Common use of Normal Termination Clause in Contracts

Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority on or before the last date and communicated the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx even after the contract is deemed to have terminated by operation of this clause.

Appears in 7 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx even if after the contract is deemed to have terminated by operation of this clause.

Appears in 5 contracts

Samples: Concession Agreement, Licence Agreement, Concession Agreement

Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx ultravires even if after the contract is deemed to have terminated by operation of this clause.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx ultravires even after ifafter the contract is deemed to have terminated by operation of this clause.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority Competent Authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx even if after the contract is deemed to have terminated by operation of this clause.

Appears in 1 contract

Samples: Licence Agreement

Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx ultra-virus even if after the contract is deemed to have terminated by operation of this clause.

Appears in 1 contract

Samples: www.aai.aero

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Normal Termination. The contract will deem be deemed to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx even if after the contract is deemed to have terminated by operation of this clause.

Appears in 1 contract

Samples: www.aai.aero

Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority Competent Authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor contract cannot claim the dues to be time barred or ultra xxxxx even if after the contract is deemed to have terminated by operation of this clause.

Appears in 1 contract

Samples: Licence Agreement

Normal Termination. The contract will deem to be terminated on the last date as given in the agreement provided the extension or renewal is approved by the competent authority on or before the last date and communicated to the party in writing and duly accepted. The liability of the party will continue to be payable along with the delayed interest (at the rate mentioned in the contract) till the same is settled. The contractor cannot claim the dues to be time barred or ultra xxxxx virus even if after the contract is deemed to have terminated by operation of this clause.

Appears in 1 contract

Samples: www.aai.aero

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