Common use of Project Milestone-III Clause in Contracts

Project Milestone-III. 4.1 Project Milestone-III shall occur on the date falling on the 365th (three hundred and sixty fifth) day from the Appointed Date (the “Project Milestone-III”). 4.2 Prior to the occurrence of Project Milestone-III, the Concessionaire shall have expended not less than 75% (seventy-five per cent) of the total capital cost set forth in the Financial Package towards bus terminal component of Project.

Project Milestone-III. 4.1 a. Project Milestone-III shall occur on the date falling on the 365th 400th (three hundred and sixty fifthFour Hundred) day from the Appointed Date (the “Project Milestone-III”). 4.2 b. Prior to the occurrence of Project Milestone-IIIII, the Concessionaire shall have expended commenced construction of not less than 75% (seventy-five Seventy Five per cent) of the total capital cost set forth in the Financial Package towards bus terminal component of ProjectPackage.