Common use of Performance Security Clause in Contracts

Performance Security. 9.1.1. The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore (Rupees Three crore Twenty Six Lakhs only) in the form set forth in Schedule M (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 120 crore (Rupees Three crore Twenty Six Lakhs onlyone hundred and twenty crore) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority MOR no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. ***** crore (Rupees Three crore Twenty Six Lakhs only) ***** crore)** in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority MOR shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. ***** crore (Rupees Three crore Twenty Six Lakhs only) ***** crore)6 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 (one hundred and eighty30(thirty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. ***** crore (Rupees Three crore Twenty Six Lakhs only) ***** crore)5 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 8.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 Authority, within 15 (one hundred and eightyfifteen) days from of the date of this Agreement, an irrevocable and unconditional guarantee guarantee, for an amount equal to 5% (five per cent)12 of the Contract Price, from a Bank for a sum equivalent to Rs.3.26 crore (Rupees Three crore Twenty Six Lakhs only) in the form set forth in Schedule M Annex-I of Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant heretoSecurity, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire Operator shall, for the performance of its obligations hereunder during till the Concession expiry of the Contract Period, provide to the Authority no later than 180 30 (one hundred and eightythirty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. [**** (Rupees Three crore Twenty Six Lakhs only) *******)]2 in the form set forth in Schedule M Schedule-D (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire Operator pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the ConcessionaireOperator.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. ***** crore (Rupees Three crore Twenty Six Lakhs only) ***** crore)7 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. The Concessionaire shall, shall for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 30 (one hundred and eightythirty) days from the date of this signing of Agreement, an irrevocable and unconditional guarantee from a Bank acceptable to the Authority for a sum equivalent to Rs.3.26 crore Rs. ---- (Rupees Three crore Twenty Six Lakhs only) {Rs. fifty lakh per Package} and in the form set forth in Schedule M E (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. crore (Rupees Three crore Twenty Six Lakhs only) only)2 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs.4.53 90 crore (Rupees Three four crore Twenty Six Lakhs onlyand fifty threeninety lakh) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 (one hundred and eighty30(thirty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. ***** crore (Rupees Three crore Twenty Six Lakhs only) ***** crore)1 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 5.70 crore (Rupees Three five crore Twenty Six Lakhs and seventy lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 81.24 crore (Rupees Three Eighty One crore and Twenty Six Lakhs onlyFour Lakh Only) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 120 (one hundred and eightytwenty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 15.3 crore (Rupees Three fifteen crore Twenty Six Lakhs onlyand thirty lakh ) in the form set forth in Schedule M (the “Schedule-F(the “ Performance Security”). ) Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority MPRDC no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. 11.65 crores (Rupees Three crore Twenty Six Eleven Crores Sixty Five Lakhs only) in the form set forth in the Schedule M –F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority MPRDC shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 (one hundred and eighty30(thirty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs.6.15 crore (Rupees Three crore Twenty Six Lakhs only) Crore Fifteen Lakh Only)5 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 120 (one hundred and eightytwenty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 38.1 crore (Rupees Three thirty eight crore Twenty Six Lakhs onlyand ten lakh ) in the form set forth in Schedule M Schedule-F (the ““ Performance Security”). ) Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 9.50 crore (Rupees Three crore Twenty Six Nine Crores Fifty Lakhs onlyOnly) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 8.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 Authority, within 30 (one hundred and eightythirty) days from of the date of this Agreement, an irrevocable and unconditional guarantee guarantee, from a Bank for a sum equivalent to Rs.3.26 Rs. [5% of Contract Price] crore (Rupees Three crore Twenty Six Lakhs only***** crore) in the form set forth in Schedule M Annex-I of Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant heretoSecurity, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. 10 .00 Crore (Rupees Three crore Twenty Six Lakhs Ten Crore only) in the form set forth in Schedule M Schedule-D (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 9.45 crore (Rupees Three nine crore Twenty Six Lakhs and forty five lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore [Rs. [•] (Rupees Three crore Twenty Six Lakhs only) [•])]15 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 120 (one hundred and eightytwenty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 19.7 crore (Rupees Three nineteen crore Twenty Six Lakhs onlyand seventy lakh ) in the form set forth in Schedule M Schedule-F (the ““ Performance Security”). ) Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority Government no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 64.63 crore (Rupees Three Sixty four crore Twenty Six Lakhs onlyand Sixty three lakh) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority Government shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 5.3.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority Authority, no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. 1,50,00,000 (Rupees Three crore Twenty Six One Crore Fifty Lakhs only) in the form set forth in Schedule M Schedule-IV (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 (one hundred and eightyeighty days) days from the date of this Agreementissue of the LOA, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 100 crore (Rupees Three crore Twenty Six Lakhs onlyone-hundred crore) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 2.65 crore (Rupees Three two crore Twenty Six Lakhs and sixty five lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 17.60 crore (Rupees Three seventeen crore Twenty Six Lakhs and sixty lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 2.35 crore (Rupees Three two crore Twenty Six Lakhs and thirtyfive lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs.5.00 crore (Rupees Three crore Twenty Six Lakhs onlyfive crore) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 5.3.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority Authority, no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore INR 1,05,00,000 (Rupees Three crore Twenty Six Lakhs One Crore Fifty Thousand only) in the form set forth in Schedule M Schedule-IV (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 8.3 crore (Rupees Three eight crore Twenty Six Lakhs and thirty lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 9.60 crore (Rupees Three nine crore Twenty Six Lakhs and sixty lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 15 crore (Rupees Three crore Twenty Six Lakhs onlyfifteen crore) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority Government no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 20 crore (( Rupees Three crore Twenty Six Lakhs onlytwenty crore) in the form set forth in Schedule M Schedule-E (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority Government shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 6.40 crore (Rupees Three six crore Twenty Six Lakhs and forty lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority MPRDC no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore ` 7.95 crores (Rupees Three crore Twenty Six Lakhs seven crores ninety five lacs only) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority MPRDC shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 13.10 crore (Rupees Three thirteen crore Twenty Six Lakhs and ten lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. ***** lakh (Rupees Three crore Twenty Six Lakhs only) ***** lakh)5 in the form set forth in Schedule M Schedule-E (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. The Concessionaire shall, shall for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 30 (one hundred and eightythirty) days from the date of this signing of the Agreement, an irrevocable and unconditional guarantee from a Bank acceptable to the Authority for a sum equivalent to Rs.3.26 crore Rs. ---- (Rupees Three crore Twenty Six Lakhs ------- only) {10% of the Bid Project Cost} and in the form set forth in Schedule M D (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 11.9 crore (Rupees Three eleven crore Twenty Six Lakhs and ninety lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 2.25 crore (Rupees Three two crore Twenty Six Lakhs and twenty five lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore [INR 45 Crores (Rupees Three crore Twenty Six Lakhs only) Forty Five Crores)] in the form set forth in Schedule M Schedule-E (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession PeriodConstruction Period of Bus Terminal, provide to the Authority Concessioning Authority, no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. 25 Lakh (Rupees Three crore Twenty Six Lakhs onlyFive Lakh) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Concessioning Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 1.05 crore (Rupees Three one crore Twenty Six Lakhs and five lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority Government no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs.360 crore (Rupees Three crore Twenty Six Lakhs onlythree hundred and sixty crore) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until Security”).Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority Government shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore (Rs. ***** 2.09crore ( Indian Rupees Three crore Twenty Six Lakhs only) ***** Two Crore Nine croreLakh only )2 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 2 crore (Rupees Three two crore Twenty Six Lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 18.7 crore (Rupees Three eighteen crore Twenty Six Lakhs and seventy lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 5.3.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority Authority, no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. 50,00,000 (Rupees Three crore Twenty Six Fifty Lakhs only) in the form set forth in Schedule M Schedule-IV (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority no later than 180 60 (one hundred and eightysixty) days from the date of this Concession Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs 1 (Rupees Three crore Twenty Six Lakhs onlyOnly) in the form set forth in Schedule M Schedule-L (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. ***** crore (Rupees Three crore Twenty Six Lakhs only) ***** crore)3 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 (one hundred and eighty30(thirty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. *****crore (Rupees Three crore Twenty Six Lakhs only) ***** crore)5 in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority MPRDC no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 ` 8.80 crore (Rupees Three crore Twenty Six Lakhs onlyeight crores eighty lacs) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority MPRDC shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority Government no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 20 crore (Rupees Three crore Twenty Six Lakhs onlytwenty crore) in the form set forth in Schedule M Schedule-E (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority Government shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority MPRDC no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 crore Rs. 3.53 crores (Rupees Three crore Twenty Six Lakhs three crores fifty three lacs only) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority MPRDC shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 5.60 crore (Rupees Three five crore Twenty Six Lakhs and sixty lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Construction Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 300 crore (Rupees Three crore Twenty Six Lakhs only) Hundred Crore Only)9 in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 15 (one hundred and eightyfifteen) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 3.2 crore (Rupees Three three crore Twenty Six Lakhs and twenty lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”"). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority no later than 180 (one hundred and eighty) days from the date of this AgreementConcessioning Authority, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs. 1 crore (Rupees Three one crore Twenty Six Lakhs only) in the form set forth in Schedule M Schedule-F (the “"Performance Security”)") within 45 days from receipt of LOA. Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Concessioning Authority shall release the Bid Security to the Concessionaire.

Performance Security. 9.1.1. 9.1.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Periodhereunder, provide to the Authority no later than 180 90 (one hundred and eightyninety) days from the date of this Agreement, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs.3.26 Rs.2.60 crore (Rupees Three two crore Twenty Six Lakhs onlyand sixty lakh) in the form set forth in Schedule M Schedule-F (the “Performance Security”). Until such time the Performance Security is provided by the Concessionaire pursuant hereto and the same comes into effect, the Bid Security shall remain in force and effect, and upon such provision of the Performance Security pursuant hereto, the Authority shall release the Bid Security to the Concessionaire.