Treatment of incomplete works. 23.9.1 The Parties acknowledge and agree that in the event COD occurs upon issuance of a Provisional Certificate, the Annuity Payments and O&M Payments specified in this Article 23 shall be made as if all works comprising the Project have been completed. The works remaining incomplete shall be completed by the Concessionaire in accordance with the provisions of this Agreement and thereupon, the Completion Certificate shall be issued forthwith.
Appears in 13 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Treatment of incomplete works. 23.9.1 22.4.1 The Parties acknowledge and agree that in the event COD occurs upon issuance of a Provisional Certificate, the Annuity Payments and O&M Payments specified in payments made as per this Article 23 22 shall be made as if all works comprising the Project Facilities have been completed. The works remaining incomplete shall be completed by the Concessionaire in accordance with the provisions of this Agreement and thereupon, the Completion Certificate shall be issued forthwith.
Appears in 2 contracts
Samples: Escrow Agreement, Draft Concession Agreement
Treatment of incomplete works. 23.9.1 21.8.1. The Parties acknowledge and agree that in the event COD occurs upon issuance of a Provisional Certificate, the Annuity Payments and O&M O & M Payments specified in this Article 23 21 shall be made as if all proportionate to the works comprising completed and the Project have been completedDesign Capacity developed for the Project. The works remaining incomplete complete payments shall be completed by effected on the Concessionaire in accordance with the provisions issuance of this Agreement and thereupon, the Completion Certificate shall be issued forthwithfor entire Project.
Appears in 1 contract
Samples: Escrow Agreement
Treatment of incomplete works. 23.9.1 19.6.1 The Parties acknowledge and agree that in the event COD occurs upon issuance of a last Provisional Certificate, the Annuity Payments and O&M Payments specified in this Article 23 19 shall be made as if all works comprising the Project have been completed. The works remaining incomplete shall be completed by the Concessionaire in accordance with the provisions of this Agreement and thereupon, the Completion Certificate shall be issued forthwith.
Appears in 1 contract
Samples: Model Concession Agreement
Treatment of incomplete works. 23.9.1 19.5.1 The Parties parties acknowledge and agree that in the event COD occurs upon issuance of a Provisional Certificate, the Annuity Payments and O&M Payments specified in this Article 23 19 shall be made as if all works comprising the Project have been completed. The works remaining incomplete shall be completed by the Concessionaire in accordance with the provisions of this Agreement and thereupon, the Completion Certificate shall be issued forthwith.
Appears in 1 contract
Samples: Concession Agreement