Draft Concession Agreement definition
Examples of Draft Concession Agreement in a sentence
All other provisions/ terms and conditions of the RFP Document and Draft Concession Agreement shall remain unchanged.
We declare and confirm that we are prepared to execute the revised and final Draft Concession Agreement, as modified by addendums, without any negotiation or amendment thereof, with the exception of minor changes to include features that are specific to the Proposal of the Preferred Bidder.
The dimensions of the land parcel should be adequate to meet the requirements of the silo facility as per the Standards and Specifications prescribed in the Draft Concession Agreement for pilot projects.
The Selected Bidder, for due and faithful performance of its obligations under the Concession Agreement, shall be required to provide “Performance Security” as per Article 9 of the Draft Concession Agreement.
The draft of the Escrow Agreement is annexed as Schedule B to the Draft Concession Agreement in this tender.
The Parties do hereby undertake to be jointly and severally responsible for all obligations and liabilities relating to the Project and in accordance with the terms of the RFP and the Draft Concession Agreement, till such time as the Financial Close for the Project is achieved under and in accordance with the Draft Concession Agreement.
Project details have been provided in the Schedules to Draft Concession Agreement.
Unless otherwise defined herein, the definitions set forth herein have the meaning that are provided in the RfBO and the Draft Concession Agreement of the Project including the rest of the documents referred to in article 5 of the IE RfP (the “Tender Documents”).
The Parties hereby undertake that in the event the Consortium is declared the selected Bidder and awarded the Project, it shall incorporate a special purpose vehicle (the “SPV”) under the Indian Companies Act, 2013 for entering into a Draft Concession Agreement with the Authority and for performing all its obligations as the Concessionaire in terms of the Draft Concession Agreement for the Project.
For clarity in this regard, kindly refer to the provisions of the Draft Concession Agreement including Clause 3.6 and Schedule C (Parameters of the Development Plan) of the Draft Concession Agreement.