Common use of Supervision of Maintenance Clause in Contracts

Supervision of Maintenance. The Zonal Railway shall inspect and certify the maintenance of the Rail System, at least once every month in accordance with the applicable standards notified by MOR and the Concessionaire shall pay to the Zonal Railway the inspection charges equal to an amount to be calculated at the rate of [Rs. 2,000/KM].The rate for computation of inspection charges shall be revised annually on April 1, to reflect the variation in WPI.

Appears in 3 contracts

Samples: Model Agreement, Model Agreement, Model Agreement

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Supervision of Maintenance. The Zonal Railway shall inspect and certify the maintenance of the Rail System, at least once every month in accordance with the applicable standards standards/manuals notified by MOR and the Concessionaire shall pay to the Zonal Railway the inspection charges equal to an amount to be calculated at the rate of [Rs. 2,000/KM].The km].The rate for computation of inspection charges shall be revised annually on April 1, to reflect the variation in WPIWPI.}11 11This clause shall be deleted in the event the Concessionaire decides to outsource O&M obligations to MOR.

Appears in 2 contracts

Samples: Model Agreement, Model Agreement

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Supervision of Maintenance. The Zonal Railway shall inspect and certify the maintenance of the Rail System, at least once every month in accordance with the applicable standards notified by MOR and the Concessionaire shall pay to the Zonal Railway the inspection charges equal to an amount to be calculated at the rate of [Rs. 2,000/KM].The km].The rate for computation of inspection charges shall be revised annually on April 1, to reflect the variation in WPIWPI.}10 10This clause shall be deleted in the event the Concessionaire decides to outsource O&M obligations to MOR.

Appears in 1 contract

Samples: Model Agreement

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