Assignments and Charges. 46 16.1 Assignments 46 16.2 Permitted Charges 46 ARTICLE 17: GOVERNING LAW AND DISPUTE RESOLUTION 47 17.1 Governing Law 47 17.2 Amicable Settlement and Dispute Resolution 47 17.3 Dispute Resolution 47 17.4 Parties to Perform Obligations 48 ARTICLE 18: MISCELLANEOUS PROVISIONS 49 18.1 Amendment 49 18.2 Third Party Beneficiaries 49 18.3 Waiver 49 18.4 Confidentiality 49 18.5 Severability 49 18.6 Notices 50 18.7 Language 50 18.8 Restriction of Shareholders/ Owners’ Liability 51 18.9 Taxes and Duties 51 18.10 No Consequential or Indirect Losses 51 18.9 Order of priority in application 51 18.10 Independent Entity 51 18.13 Compliance with Law 52 Schedule 1: Particulars of the Project 53 Schedule 2: Location of Plant 55 Schedule 3: Plant Layout 56 Schedule 4: Site Drawing 56 Schedule 5: Format for Monthly Power Bill 57 Schedule 6: Parameters and Technical Limits of Supply 59 Schedule 7: Technical Limits 60 Schedule 8: Approvals 60 Schedule 9: Testing Procedures 61 Schedule 10: Copy of the Tariff Quoted by the Seller 63 (On Rs 100 Non Judicial Stamp Paper) THIS POWER PURCHASE AGREEMENT [the “Agreement”] is made on the day.......of of …….. at Aizawl Between M/s (Name of Developer), a company incorporated under the Companies Xxx 0000 or the Companies Act, 2013 as applicable, having its registered office at ---------------------------------------- ----- (herein after referred to as “Seller” or “Solar Project Developer/Power Producer/Power Generator”, which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and permitted assigns) as a Party of the FIRST PART; And Power & Electricity Department, Aizawl a Department functioning as an integrated utility and responsible for generation, transmission, distribution and despatching of electric power supply within the state of Mizoram, having its registered office at Kawlphetha Building, New Secretariat Complex, Khatla, Aizawal, Mizoram – 796001 (hereinafter referred to as “P&ED or “Procurer” which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and permitted assigns) as a Party of the SECOND PART; Seller or “Solar Project Developer/Power Producer/Power Generator” and Procurer are individually referred to as ‘Party’ and collectively referred to as ‘Parties’.
Assignments and Charges. 15.1 This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. This Agreement shall not be assigned by either Party without the prior written consent of the other Party except to the Project lenders or lender’s representative as security for the financial debt of the SPV.
Assignments and Charges. 7.1.1 The Concessionaire shall neither create nor permit to sublet any Encumbrance over or otherwise transfer or dispose off all or any of its rights and benefits under this Agreement except with prior consent in writing of the Department of Transport, , which consent Government shall be entitled to decline without assigning any reason whatsoever.
Assignments and Charges. 21.8.1 Subject to Clauses 21.8.3 and 21.9 this Agreement shall not be assigned by the Concessionaire save and except with prior consent in writing of MPRDC, which consent MPRDC shall be entitled to decline without assigning any reason whatsoever.
Assignments and Charges. 14.1 Assignments Beneficiary(s) shall at all times have the right to assign its rights, benefits and obligations under this Agreement to any entity or entities as Government of India / Beneficiary(s) may from time to time direct as a part of re-organisation or restructuring of electricity industry provided that such successor entities expressly assume the obligations of Beneficiary(s) under this Agreement and are either an owner or operator of a substantial portion of the transmission system of India and are capable of performing the obligations of Beneficiary(s) under this Agreement. Subject to Clause 14.2, this Agreement shall not be assigned by the TSP other than by mutual agreement between the parties.
Assignments and Charges. The Trustee must not recognise, or in any way encourage or sanction, the assignment of or a charge over the whole or any part of a Member's benefit or his or her interest in it, or a charge over the whole or any part of the Fund, except to the extent that in any case it is permitted by Relevant Law.
Assignments and Charges
