Common use of Vesting Certificate Clause in Contracts

Vesting Certificate. Handback of Transfer Assets is deemed to be complete on the date when all the requirements under Article 6.6 have been fulfilled by the Concessionaire, and the Concessioning Authority shall, without unreasonable delay, thereupon issue a certificate substantially in the form set forth in Schedule- 3 (the "Vesting Certificate"), which will have the effect of constituting evidence of divestment by the Concessionaire of all of its rights, title and interest in the Project, and their vesting in the Concessioning Authority pursuant hereto. It is expressly agreed that the issue of Vesting Certificate shall not in any manner be construed or interpreted as restricting the exercise of any rights by the Concessioning Authority or its nominee on, or in respect of, the Project on the footing that all requirements under the Agreement have been complied with by the Concessionaire.

Vesting Certificate. Handback of Transfer Assets is deemed to be complete on the date when all the requirements under Article 6.6 have been fulfilled by the Concessionaire, and the Concessioning Authority shall, without unreasonable delay, thereupon issue a certificate substantially in the form set forth in Schedule- 3 Schedule-3 (the "Vesting Certificate"), which will have the effect of constituting evidence of divestment by the Concessionaire of all of its rights, title and interest in the Project, and their vesting in the Concessioning Authority pursuant hereto. It is expressly agreed that the issue of Vesting Certificate shall not in any manner be construed or interpreted as restricting the exercise of any rights by the Concessioning Authority or its nominee on, or in respect of, the Project on the footing that all requirements under the Agreement have been complied with by the Concessionaire.

Vesting Certificate. Handback of Transfer Assets is deemed to be complete on the date when all the requirements under Article 6.6 have been fulfilled by the Concessionaire, and the Concessioning Authority shall, without unreasonable delay, thereupon issue a certificate substantially in the form set forth in Schedule- 3 (the "Vesting Certificate"), which will have the effect of constituting evidence of divestment by the Concessionaire Concessionai re of all of its rights, title and interest in the Project, and their vesting in the Concessioning Authority pursuant hereto. It is expressly agreed that the issue of Vesting Certificate shall not in any manner be construed or interpreted as restricting the t he exercise of any rights by the Concessioning Authority or its nominee on, or in respect of, the Project on the footing that all requirements under the this Agreement have been complied with by the Concessionaire.

Vesting Certificate. Handback of Transfer Assets is deemed to be complete on the date when all the requirements under Article 6.6 have been fulfilled by the Concessionaire, and the Concessioning Authority shall, without unreasonable delay, thereupon issue a certificate substantially in the form set forth in Schedule- 3 (the "Vesting Certificate"), which will have the effect of constituting evidence of divestment by the Concessionaire of all of its rightsrig hts, title and interest in the Project, and their vesting in the Concessioning Authority pursuant hereto. It is expressly agreed that the issue of Vesting Certificate shall not in any manner be construed or interpreted as restricting the exercise of any rights ri ghts by the Concessioning Authority or its nominee on, or in respect of, the Project on the footing that all requirements under the this Agreement have been complied with by the Concessionaire.

Vesting Certificate. Handback of Transfer Assets Asse ts is deemed to be complete on the date when all the requirements under Article 6.6 have been fulfilled by the Concessionaire, and the Concessioning Authority shall, without unreasonable delay, thereupon issue a certificate substantially in the form set forth fo rth in Schedule- 3 (the "Vesting Certificate"), which will have the effect of constituting evidence of divestment by the Concessionaire of all of its rights, title and interest in the Project, and their vesting in the Concessioning Authority pursuant hereto. heret o. It is expressly agreed that the issue of Vesting Certificate shall not in any manner be construed or interpreted as restricting the exercise of any rights by the Concessioning Authority or its nominee on, or in respect of, the Project on the footing that all requirements under the Agreement have been complied with by the Concessionaire.

Vesting Certificate. Handback of Transfer Assets is deemed to be complete on the date when all the requirements under Article 6.6 have been fulfilled by the Concessionaire, and the Concessioning Authority shall, without unreasonable unreason able delay, thereupon issue a certificate substantially in the form set forth in Schedule- 3 (the "Vesting Certificate"), which will have the effect of constituting evidence of divestment by the Concessionaire of all of its rights, title and interest in the th e Project, and their vesting in the Concessioning Authority pursuant hereto. It is expressly agreed that the issue of Vesting Certificate shall not in any manner be construed or interpreted as restricting the exercise of any rights by the Concessioning Authority Aut hority or its nominee on, or in respect of, the Project on the footing that all requirements under the this Agreement have been complied with by the Concessionaire.