Appointment of Independent Panel Sample Clauses

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Appointment of Independent Panel. The Authority may appoint an Independent Panel of experts, mutually constituted by the Authority and the Concessionaire, to be the independent consultant under this Agreement (the "Independent Panel"). The Independent Panel shall constitute of a panel of experts including doctors, engineers and other experts relevant for the Project. The appointment shall be made no later than Appointed Date and shall be for a period of 3 (three) years at a time. On expiry or Termination of the aforesaid period, the Authority may in its discretion renew the appointment, or appoint another panel to be constituted in the manner specified herein to be the Independent Panel for a term of 3 (three) years, and such procedure shall be repeated after expiry of each appointment. Notwithstanding anything contrary enumerated above, the Authority may in its discretion unilaterally appoint the CMO and/or his officials as the Independent Panel under this Agreement.
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Appointment of Independent Panel. The Authority may appoint an Independent Panel of Experts, mutually constituted by the Authority and the Concessionaire, to be the independent consultant under this Agreement (the "Independent Panel"). The Independent Panel shall comprise of a panel of Experts including doctors, engineers and other Experts relevant for the Project. For avoidance of doubt, it is clarified that, the Independent Panel appointed under this Clause 24.1 shall have equal representation of both the Parties. It is further clarified in this regard that, in case, the Parties fails to arrive at mutual consent for appointment of an Independent Panel, in that case, each Party shall appoint one member of the Independent Panel and the two appointed members shall appoint the third member of the Independent Panel. The appointment shall be made no later than 30 (thirty) days prior to the COD of Phase I and shall be for a period of 3 (three) years. On expiry or termination of the aforesaid period, the Authority may in its discretion renew the appointment, or appoint another panel to be constituted in the manner specified herein to be the Independent Panel for a term of 3 (three) years, and such procedure shall be repeated after expiry of each appointment.
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Appointment of Independent Panel. The Authority shall appoint an independent panel, constituted by the Authority substantially in accordance with the selection criteria set forth in Schedule- R, to be the independent panel under this Agreement (the “Independent Panel”). The appointment shall be made no later than 60 (sixty) days prior to Scheduled Completion Date of the Health Centre situated at Bharatpur and shall be for a period of 3 (three) years. On expiry or termination of the aforesaid period, the Authority may in its discretion renew the appointment, or appoint another panel constituted pursuant to Schedule- R to be the Independent Panel for a term of 3 (three) years, and such procedure shall be repeated after expiry of each appointment.
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Appointment of Independent Panel. (a) The Grantor and the Concessionaire shall appoint an independent panel of five experts (the “Independent Panel”) in accordance with the following provisions: (i) not later than one hundred twenty (120) Days following the Execution Date each of the Grantor and the Concessionaire shall appoint two experts with extensive experience in the design, research, engineering, financing, construction, operation, maintenance, and rehabilitation of facilities similar to the Project Facilities, which experts shall not be an agent, employee, or contractor or a former agent, employee, or contractor of either Party; and (ii) the experts appointed by the Grantor and the Concessionaire pursuant to Section 24.3.1
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Appointment of Independent Panel. The Authority shall appoint an independent panel, constituted by the Authority substantially in accordance with the selection criteria set forth in [Schedule-KK], to be the independent panel under this Agreement (the “Independent Panel”). The appointment shall be made no later than 60 (sixty) days prior to earlier of the Completion Date for Medical Facility or Completion of Hospital Phase –I, and shall be for a period of 3 (three) years from the Completion Date for Medical Facility. On expiry or termination of the aforesaid period, the Authority may in its discretion renew the appointment, or appoint another panel constituted pursuant to Schedule-KK to be the Independent Panel for a term of 3 (three) years, and such procedure shall be repeated after expiry of each appointment.
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Appointment of Independent Panel. (a) The Grantor and the Concessionaire shall appoint an independent panel of five experts (the “Independent Panel”) in accordance with the following provisions: (i) not later than one hundred twenty (120) Days following the Execution Date each of the Grantor and the Concessionaire shall appoint two experts with extensive experience in the design, research, engineering, financing, construction, operation, maintenance, and rehabilitation of facilities similar to the Project Facilities, which experts shall not be an agent, employee, or contractor or a former agent, employee, or contractor of either Party; and (ii) the experts appointed by the Grantor and the Concessionaire pursuant to Section 24.3.1 (a) (i) shall jointly appoint a fifth expert with extensive experience in the design, research, engineering, financing, construction, operation, maintenance, and rehabilitation of facilities similar to the Project Facilities, which expert shall not be an agent, employee, or contractor or a former agent, employee, or contractor of either Party. (b) In the event that a member of the Independent Panel becomes unable or unwilling to perform its duties, then: (i) in the event such member was appointed by a Party pursuant to Section 24.3.1(a)(i), then the Party that appointed such member shall appoint a replacement, or (ii) in the event that such member was appointed by the members appointed pursuant to Section 24.3.1(a)(ii),then the remaining members shall appoint a replacement, in each case within ninety (90) Days of the day of retirement of the retiring member from the Independent Panel. (c) The Independent Panel will be required to stay informed regarding the development of the Project Facilities and to visit the Project during the construction of the Project at least once every one hundred twenty (120) Days. (d) The Parties shall mutually determine standard terms and conditions for engagement of the Independent Panel‟s members and the fees and expenses of the Independent Panel shall be borne equally by the Parties.
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Related to Appointment of Independent Panel

  • Appointment of Independent Engineer The Nodal Agency shall appoint an agency/ company as Independent Engineer as per framework provided in the Guidelines for Encouraging Competition in Development of Transmission Projects for selection of Independent Engineer.

  • Appointment of Investment Manager On the terms and subject to the conditions set forth herein, the Company hereby appoints the Investment Manager as investment manager of the Account with discretionary authority to manage the investment and reinvestment of the funds and assets of the Account in accordance with the terms hereof, and the Investment Manager accepts such appointment. In the course of providing the services contemplated by this Agreement, the Investment Manager shall act as a fiduciary and shall discharge its fiduciary duties and exercise each of its powers under this Agreement with the care, skill and diligence that a registered investment adviser, acting in a like capacity and familiar with insurance company matters, would use in the conduct of a like enterprise with like aims, taking into consideration the facts and circumstances then prevailing, and such fiduciary duties shall specifically include a duty (a) to act with good faith; (b) of loyalty to Company; (c) to provide full and fair disclosure of all material facts; (d) to employ reasonable care to avoid misleading Company; and (e) to act in a manner consistent with the Investment Guidelines for the Account as agreed to between Investment Manager and Company.