Examples of Operation Period in a sentence
The Authority shall procure that during the Operation Period, no barriers are erected or placed by any Government Instrumentality on the Bus Terminal except for reasons of Emergency, national security, or law and order.
Energy Payment NamPower shall pay to the Seller: for each Billing Period during the Term (including the Billing Period in which the Commercial Operation Date occurs), the Energy Payment (as per Annexure C (Energy Payment)); and for the duration of the Deemed Commercial Operation Period, if it occurs, the Deemed Energy Payment.
During Operation Period, the Concessionaire shall, no later than [7 (seven)] days after the close of every Accounting Year, furnish to the Authority and the Independent Expert an annual report, in a mutually agreed format, stating in reasonable detail the condition of the Resort and Project Infrastructure, including its compliance or otherwise with the Maintenance Requirements and the Safety Requirements, and shall promptly give such other relevant information as may be required by the Independent Expert.
The Concessionaire shall effect and maintain at its own cost, during the Construction Period and the Operation Period, such insurances for such maximum sums as may be required under the Financing Agreements and the Applicable Laws, and such insurances as may be necessary or prudent in accordance with Good Industry Practice.
The Concessionaire shall procure that at all times during the Operation Period, the Bus Terminal conforms to the maintenance requirements set forth in Schedule-K (the "Maintenance Requirements").