SNCFT definition

SNCFT means the Tunisian National Railway Enterprise (Societe Nationale des Chemins de Fer Tunisiens), a public enterprise established and operating pursuant to the Borrower’s decree dated December 27, 1956;
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Examples of SNCFT in a sentence

  • SNCFT shall at all times operate and maintain its plant, machinery, equipment and other property, and from time to time, promptly as needed, make all necessary repairs and renewals thereof, all in accordance with sound economic, commercial, engineering, financial, management, railways and technical practices.

  • Any action required or permitted to be taken, and any document required or permitted to be executed, under this Agreement on behalf of SNCFT may be taken or executed by its President General Director or such other person or persons as SNCFT shall designate in writing, and SNCFT shall furnish to the Bank sufficient evidence of the authority and the authenticated specimen signature of each such person.

  • This Agreement and all obligations of the Bank and of SNCFT thereunder shall terminate on the date on which the Loan Agreement shall terminate in accordance with its terms, and the Bank shall promptly notify SNCFT thereof.

  • SNCFT shall carry on its operations and conduct its affairs in accordance with sound administrative, commercial, economic, engineering, environmental, financial, management, railways, technical and transport practices, under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.

  • The following is specified as an additional matter, within the meaning of Section 12.02(c) of the General Conditions, to be included in the opinion or opinions to be furnished to the Bank, namely, that the Project Agreement has been duly authorized by SNCFT and is legally binding upon SNCFT in accordance with its terms.

  • SNCFT shall make provision satisfactory to the Bank to insure itself against such risks and in such amounts as shall be consistent with appropriate practice.

  • The Bank and the Borrower hereby agree that the obligations set forth in Sections 9.04, 9.05, 9.06, 9.07, 9.08 and 9.09 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) in respect of Part C of the Project shall be carried out by SNCFT pursuant to Section 2.03 of the Project Agreement.

Related to SNCFT

  • snippet means a legally binding agreement (made pursuant to the provisions of this Framework Agreement) for the provision of the Services made between a Contracting Body and the Supplier comprising of an Order Form and the Call-Off Terms;","size":74,"snippetLinks":[{"key":"legally-binding-agreement","type":"clause","offset":[8,33]},{"key":"the-provisions-of-this","type":"clause","offset":[52,74]},{"key":"framework- agreement","type":"definition","offset":[75,94]},{"key":"the-provision-of-the-services","type":"clause","offset":[100,129]},{"key":"contracting-body","type":"definition","offset":[145,161]},{"key":"the-supplier","type":"clause","offset":[166,178]},{"key":"order-form","type":"clause","offset":[196,206]},{"key":"off-terms","type":"clause","offset":

  • snippetLinks [{"key":"specifically","type":"clause","offset":[20,32]},{"key":"provided-herein","type":"clause","offset":[33,48]},{"key":"at-the-closing","type":"clause","offset":[50,64]},{"key":"the-parties-shall","type":"clause","offset":[65,82]},

  • ATC means a measure of the transfer capability remaining in the physical transmission network for further commercial activity over and above already committed uses.

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • EG means the Enforcement Guide;