CSC-SPV definition

CSC-SPV means M/s CSC e-Governance Services India Limited, the Special Purpose Vehicle (SPV) incorporated to facilitate delivery of government, private and social sector services to citizens of India through the Common Services Centres (CSCs) network, and approved by the Authority under these Regulations, who for remuneration arranges insurance contracts (under specific products approved by the Authority) with insurers on behalf of its clients and offers other insurance related services through CSC Network.

Examples of CSC-SPV in a sentence

  • Further VLE authorize CSCSPV to adjust outstanding demand due to unpaid rentals or any outstanding payable to CSCSPV against this agreement from any amount of Commission or Credit payable or outstanding in books of accounts of CSCSPV or its subsidiary or its associates and VLE shall have no objection in adjusting the amount against the unpaid rentals or outstanding demand as mentioned above.

  • VLE agrees that they shall pay the monthly rentals to the CSCSPV by Postdated Cheque’s, or by Directly transfer to CSCSPV Bank account through NEFT / RTGS or authorize CSCSPV to Debit the monthly rentals or any outstanding against this agreement from the Wallet maintained with the CSCSPV.

  • Further in case the VLE doesn’t pay the full consideration and return back the equipment before the tenure of this agreement the amount paid as security and rental shall be forfeited by the CSCSPV.

  • In case of consideration agreed i.e. nonpayment of rentals and return of goods to CSCSPV the CSCSPV have full rights and shall forfeit the advance security received and rentals receipt up to date.

  • CSCSPV is a strategic cornerstone of the Digital India Program by providing access points for delivery of various government and non- government services to villages in India thereby contributing to a digital and financially contributing Indian society.

  • All other obligations of the Company under this Agreement shall automatically cease, and Executive shall not be entitled to any other salary, payments or benefits otherwise payable under this Agreement, except as otherwise required by law.

  • CSCSPV shall handover the possession of Equipment’s on good and running condition.

  • In case any shortcoming is found, they will be communicated to CSC-SPV for remedials and CSC- SPV shall ensure the compliance.

  • P&RD shall mandate and authorize CSC-SPV to approach discuss & deal with the various <State Name> State department /Central Government & * This would be in accordance with the terms & condition agreed upon by the CSC-SPV and P&RD.

  • P&RD shall provide training on State specific application to the CSC-SPV Master trainers.