Common use of Technical Project Clause in Contracts

Technical Project. Within three (03) months from the CLOSING DATE, the CONCESSIONAIRE shall submit to the GRANTOR the TECHNICAL PROJECT for the SERVICE GRANTED under this CONTRACT. The information required for the elaboration of the TECHNICAL PROJECT is specified in Annex No. 6. If necessary, the approval of the TECHNICAL PROJECT also includes the granting of authorizations, permits and licenses, registers, among others, at the GRANTOR's expense, necessary for the provision of the GRANTED SERVICE in accordance with the COVERAGE PLAN, as well as for the implementation of the MANDATORY INVESTMENT COMMITMENTS in accordance with the TECHNICAL PROPOSAL. Said document shall contain the proposal for the execution of the COVERAGE PLAN submitted, the information necessary to verify compliance with the USAGE GOALS of the Allocated Spectrum in accordance with the APPLICABLE LAWS AND PROVISIONS, as well as the proposal for the implementation of the MANDATORY INVESTMENT COMMITMENTS. The GRANTOR has a term of up to two (02) months for the approval of the TECHNICAL PROJECT counted from the submission of the same by the CONCESSIONAIRE. Within such term, it shall formulate and communicate to the CONCESSIONAIRE the observations to such project, including the observations to the authorizations, permits and licenses requested. If there are observations, the same shall be corrected by the CONCESSIONAIRE within fifteen (15) DAYS from the notice of the observations. The GRANTOR has a term of fifteen (15) DAYS to pronounce itself on the correction of the observations made by the CONCESSIONAIRE. The TECHNICAL PROJECT may be modified, with the prior approval of the GRANTOR in accordance with the APPLICABLE LAWS AND PROVISIONS. The TECHNICAL PROJECT must be updated in accordance with the provisions of paragraph 16.6.3 of the TECHNICAL SPECIFICATIONS and submitted within a maximum term of ten (10) CALENDAR DAYS counted from the maximum term for the COMMENCEMENT OF THE PROVISION OF SERVICES for the First Year and for the Second Year, in accordance with paragraph 4.6 of the TECHNICAL SPECIFICATIONS. The GRANTOR shall approve or, in its absence, shall make known its observations within a maximum term of ten (10) DAYS as of the reception of the updated TECHNICAL PROJECT. In case of issuing observations, these shall be corrected by the CONCESSIONAIRE, within the term granted for such purpose by the GRANTOR.