SFM Agreement definition

SFM Agreement or “Station Facility Management Agreement” or “SFMA” shall collectively comprise the following: (i) the Station Facility Management Agreement; (ii) the correspondence between the Parties after the issuance of the LOA (as defined hereinafter), attached to the Station Facility Management Agreement; (iii) the Special Conditions of Station Facility Management Agreement (the “SCSFMA”), including the Schedules and Appendices thereto; (iv) the General Conditions of Station Facility Management Agreement (the “GCSFMA”), including the Schedules and Appendices thereto; In each case, as amended, modified and/ or clarified by all amendments, clarifications and modifications thereto, as made in accordance with their respective terms;
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SFM Agreement or “Station Facility Management Agreement” shall collectively comprise the following:
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Examples of SFM Agreement in a sentence

  • Provided that approved Maintenance Manual (and the approval thereof by Authority), shall not relieve the Facility Manager of its obligation to duly undertake the SFM Project as per Applicable Laws and Good Industry Practices, and the other provisions of the SFM Agreement.

  • Any withdrawal from the Escrow Account shall thereafter, be made only in accordance with the terms of the SFM Agreement and the Escrow Agreement.

  • This SFMA Performance Guarantee shall be kept valid and effective (including through necessary extensions and/ or renewals and/ or reinstatements thereof) until six months from the Termination of the SFM Agreement.

  • The affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.

  • Provided that such notification shall not have the effect of (i) remedying any breach of the representation or warranty that has been found to be untrue, inaccurate or incorrect; or (ii) adversely affecting the rights of Authority or releasing any obligation of Facility Manager under the SFM Agreement.

  • The Facility Manager hereby agrees to indemnify Indemnified Parties from and against any claim under any of the Acts or Rules thereunder mentioned in this Article or any other Applicable Laws, and in case through order of any Government Authority, Authority or the MOR and/ or Railway Administration has to pay any compensation in respect of the SFM Project, Authority shall recover such amount of compensation so paid from the Escrow Account or otherwise from the Facility Manager under the SFM Agreement.

  • The affected Party shall also make efforts to resume performance of its obligations under the SFM Agreement as soon as possible and upon resumption, shall forthwith notify the other Party of the same in writing.

  • In such an event the consequences will be as per the Development Agreement, and the Termination Payment terms under Article 21.2 of this SFM Agreement shall not apply.

  • The Facility Manager shall ensure and shall remain responsible that its Sub- Contractors and Licensees shall also adhere with Applicable Laws as required in the SFM Agreement.

  • Notwithstanding anything to the contrary contained in the SFM Agreement, the Facility Manager agrees and acknowledges that the Facility Manager shall not be entitled to any relief, including any alternation or adjustment to the SFM Project facilities, utilities and services in respect of any such Change in Law.