Common use of Termination Payment for Force Majeure Event Clause in Contracts

Termination Payment for Force Majeure Event. 34.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 18 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Termination Payment for Force Majeure Event. 34.9.1 30.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 9055% (ninety fifty five per cent) of the Debt Due less Insurance Cover.

Appears in 16 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 11.9.1 If Termination is on account of a NonNon- Statutory / non-Political administrative Event, the Authority shall make a Termination Payment to the Concessionaire in of an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.;

Appears in 11 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.. xxx.xxxxxx.xxx Downloaded

Appears in 10 contracts

Samples: Draft Concession Agreement, Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 29.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 6 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 If Termination is on account of a Non-Political Event, the Concessioning Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due (which shall in no case be more than 70% of the Total Project Cost) less Insurance Cover.

Appears in 4 contracts

Samples: Draft Concession Agreement, Draft Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 28.9.1 If Termination is on account of a Non-Political Event, the Authority MOR shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 4 contracts

Samples: Model Agreement, Model Agreement, Model Agreement

Termination Payment for Force Majeure Event. 34.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.. xxx.xxxxxx.xxx

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Draft Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 29.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to [90% (ninety per cent) )] of the Debt Due less Insurance Cover.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 31.9.1 If Termination is on account of a Non-Political Event, the Authority MOR shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 3 contracts

Samples: Model Agreement, Model Agreement, Model Agreement

Termination Payment for Force Majeure Event. 34.9.1 27.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due (which shall in no case be more than 67% (sixty seven percent) of the Total Project Cost) less Insurance Cover.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 28.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.be calculated as under:

Appears in 3 contracts

Samples: Concession Agreement, Draft Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 (a) If Termination termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less LESS Insurance Cover.; ;

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 23.9.1. If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due Due, less Insurance Cover.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Termination Payment for Force Majeure Event. 34.9.1 (a) If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 30.9.1. If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 If Termination is on account of a Non-Political Event, the Authority MPRDC shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per centpercent) of the Debt Due less Insurance Cover.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 27.9.1 If Termination is on account of a Non-Political Event, the Authority shall shall, subject to terms of clause 30.3.3 hereof, make a Termination Payment to the Concessionaire in an amount equal to 9080% (ninety per centeighty percent) of the Debt Due Unexpired Cashflow less Insurance Cover.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 19.10.1. If Termination is on account of a Non-Political Event, the Authority shall make a pay the Termination Payment to the Concessionaire in of an amount equal aggregating to 90% (ninety per cent) of the Debt Due less Insurance CoverCover to the Service Provider.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

Termination Payment for Force Majeure Event. 34.9.1 35.9.1. If Termination is on account of a Non-Political Event, Indirect Political Event or Political Eventprior to Healthcare Network-COD, the Authority shall make a Termination Payment to the Concessionaire in an inan amount equal to 90100% (ninety one hundred per cent) of the Debt Due less Insurance CoverAsset Value of the relevant Facility.

Appears in 1 contract

Samples: Substitution Agreement

Termination Payment for Force Majeure Event. 34.9.1 27.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per centpercent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Draft Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 32.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 29.9.1. If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Draft Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 22.9.1 If Termination is on account of a Non-Political Event, the Authority shall shall, subject to terms of Clause 26.3.4 hereof, make a Termination Payment to the Concessionaire in an amount equal to 9060% (ninety sixty per cent) of the Debt Due Discounted Concession Fee less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

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Termination Payment for Force Majeure Event. 34.9.1 28.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 25.9.1. If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.be calculated as under:

Appears in 1 contract

Samples: Escrow Agreement

Termination Payment for Force Majeure Event. 34.9.1 24.8.1. If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due Due, less Insurance Cover.

Appears in 1 contract

Samples: Draft Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 11.9.1 If Termination is on account of a NonNon- Statutory / non-Political administrative Event, the Authority shall make a Termination Payment to the Concessionaire in of an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 11.9.1 If Termination is on account of a Nonofa Non- Statutory / non-Political administrative Event, the Authority shall make a Termination Payment to the Concessionaire in of an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.;

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 26.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 35.9.1. If Termination is on account of a Non-Political Event, Indirect Political Event or Political Event prior to Healthcare Network-COD, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90100% (ninety one hundred per cent) of the Debt Due less Insurance CoverAsset Value of the relevant Facility.

Appears in 1 contract

Samples: Stamp Paper

Termination Payment for Force Majeure Event. 34.9.1 28.9.1 If Termination is on account of a Non-Political Event, the Concessioning Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 32.9.1 If the Termination is on account of a Non-Political Event, the Concessionaire shall be entitled to receive and appropriate, from the Authority shall make a by way of Termination Payment to less the Concessionaire in an amount equal to 90% (ninety per cent) proceeds of the Debt Due less Insurance Coverany amounts under insurance policies.

Appears in 1 contract

Samples: Iii Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 33.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 22.8.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 10.9.1. If Termination is on account of a Non-Political Event, the Authority AMC shall make a Termination Payment to the Concessionaire in of an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to (i) 100% (one hundred per cent) of the amount deposited by the Concessionaire in the Designated Account till the date of such Termination without any interest; and (ii) 90% (ninety per cent) of the Debt Due less Insurance CoverCover .

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 If Termination is on account of a Non-Political Event, the Authority MPRDC shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

Termination Payment for Force Majeure Event. 34.9.1 10.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in of an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

Appears in 1 contract

Samples: Concession Agreement

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