Risk distribution Sample Clauses

Risk distribution. 14.1.The risk, associated with the obligations under this Agreement, is shared by the Parties in accordance to the terms specified in this Agreement and its annexes, including the Matrix of Risk distribution between Parties laid out in the annex No. 4 to the Agreement.
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Risk distribution. Failure or underperformance by one licensee doesn't have as much impact on overall revenues, as there are other licensees that continue to provide income. Cons for Licensors:
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Risk distribution. The advantage of using the public-private partnership model for implementing the project consists in an optimal, balanced and economically effective distribution of the risks associated with project implementation between the parties to the concession agreement. The optimal risk distribution is based on the principle that risks beyond the control or competence of the concessionaire are borne by the state. All other risks are transferred to the concessionaire. The given principle is reflected in the draft concession agreement constituting part of the tender documentation. Key project risks: Risk Risk description Private partner The state Risks of delayed provision of land plots prepared for construction Change in the project schedule as a consequence of delayed condemnation (purchase) of land plots, formalisation of the Russian Federation’s title thereto, change in the category and type of permitted used thereof, as well as violation of the deadlines for provision of the land plots for construction as a consequence of violation of relevant obligations by the State Company Design risks Likelihood of errors in design solutions and construction work plans Risk of delayed completion Increased construction times Risk of increased construction costs Actual project construction costs exceed the estimates, including owing to rising construction material prices and bad faith on the part of contractor organisations Ecological risks Damage to the environment as a result of the contractor’s actions during construction and operation of the road Ecological risks associated with the design documentation Road maintenance risks Increase in actual road maintenance and repair costs due to changing cost of materials (the grantor compensates the contractor for the increase in the given costs within the bounds of inflation) Risks of changing demand for use of the road Drop / increase in demand for use of the road compared to the estimated level Risk of bankruptcy or insolvency of the bank providing the guarantee securing performance of the concessionaire’s obligations under the agreement Bankruptcy / full or partial insolvency of the bank granting the bank guarantee during construction and/or operation Risks of the need to change the road’s technical characteristics during operation Widening of the road, interchanges, modernisation of TCP equipment Tender criteria Legal framework The tender is held in accordance with Federal Law of the Russian Federation No. 115-FZ of 21 July 20...
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Risk distribution. 34. Transfer of Ownership (GCC Clause 34) GCC 34 The supplier should transfer all software source code of the CDLS and customization done for Purchaser including technical documentation and other relevant materials related to Project during transfer of the Project to Purchaser as stipulated under the Escrow Agreement in Appendix F. Transfer of the System shall be undertaken in accordance with the provisions of the BOT Arrangement and Payment Terms - Appendix D.
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Risk distribution 
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Related to Risk distribution

  • Allocations Distributions Each item of income, gain, loss, deduction and credit of the Company shall be allocated 100% to the Member. Each distribution of cash or other property by the Company shall be made 100% to the Member. Distributions shall be made to the Member at the times and in the amounts determined by the Member.

  • Liquidating Distribution In the event of the dissolution of the Partnership for any reason, the Partnership assets shall be liquidated for distribution in the following rank and order:

  • Liquidation Distribution Distributions made upon dissolution of the Partnership shall be made as provided in Section 9.03.

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Issuer ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Issuer shall be entitled to receive all remaining assets of the Issuer (or proceeds thereof) according to their respective rights and preferences.

  • Final Distribution The liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

  • REMIC Distributions On each Distribution Date the Trustee shall be deemed to have allocated distributions to the REMIC I Regular Interests, REMIC II Regular Interests, Class CE Interest, Class P Interest and Class IO Interest in accordance with Section 5.07 hereof.

  • Liquidation Distributions All property and all cash in excess of that required to discharge liabilities as provided in Section 12.4(b) shall be distributed to the Partners in accordance with, and to the extent of, the positive balances in their respective Capital Accounts, as determined after taking into account all Capital Account adjustments (other than those made by reason of distributions pursuant to this Section 12.4(c)) for the taxable year of the Partnership during which the liquidation of the Partnership occurs (with such date of occurrence being determined pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(g)), and such distribution shall be made by the end of such taxable year (or, if later, within 90 days after said date of such occurrence).

  • Final Distributions Section 8.01. Sale of Receivables or Certificateholders' Interest pursuant to Section 2.06 or 10.01 of the Agreement and Section 7.01 or 7.02 of this Supplement.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority:

  • Basic Distributions Except as otherwise provided in Sections 3.02 and 3.03 hereof, each periodic payment of principal or interest on the Equipment Notes received by the Mortgagee shall be promptly distributed in the following order of priority:

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