Examples of Authorisation Period in a sentence
For the avoidance of doubt, the Lead Member shall during the Authorisation Period, hold at least 26% of the paid up equity share capital of the Authorisee( in SPC).
The Authorisee shall pay the premium payable on such insurance policy(ies) so as to keep the policy(ies) in force and valid throughout the Authorisation Period and furnish certified true copies of the same to the Grantor.
TSRTC shall on the date of Signing of Authorization Agreement, Lease the Project Site to the Preferred Bidder on an “as is where is basis” under a valid and binding Land Lease Deed for a period coterminous with the Authorisation Period.
Operationandmaintenance(O&M)oftheservicesintheserviceareaaspergoodindustrypractice(“ Good Industry Practice”) for the Haldia Water Supply Project in accordance with and subject to the terms of this bidding document throughout the Authorisation Period.
In consideration of the rights appurtenant thereto in favour of the Authorisee, the Authorisee shall, effective from date of signing of the Authorisation Agreement and during the Authorisation Period, shall pay Annual Lease Rentals to TSRTC.
The Authorisee shall design, plan, develop, finance, construct, market, administer, manage and operate and maintain the Project Facilities, including without limitation the necessary infrastructure, services and facilities, during the Authorisation Period in accordance with the provisions hereof, including the Specifications and Standards, Applicable Laws, terms of Applicable Permits and Good Industry Practice.
Each bidder is solely responsible for conducting its own independent assessment of water demand, change of expenditure components that are likely to happen during the Authorisation Period, due diligence, and any other work or investigations and for seeking any other independent advice necessary for the preparation of bids, and the subsequent delivery of all services to be provided by the bidder that has been successful in the bidding process.
At its own cost and expense during the Authorisation Period to maintain the Alteration (including any Structure in, on, across, under or over the Road) and keep the Alteration in good, safe and proper repair and condition to the Council’s satisfaction.
Dispute resolution falls outside of the scope of the payment system.
No representation or warranty, express or implied, is made and no responsibility of any kind is accepted by HDA or its advisors, employees, consultants or agents, for the completeness or accuracy of any information contained in the bidding documents or the response provided by HDA to the bidders, or provided during the bidding process or during the Authorisation Period .