Common use of Appointment of Mine Operator Clause in Contracts

Appointment of Mine Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, the Authority hereby authorizes the Mine Operator,to re-open, develop and operate the Mines and to excavate/extractCoal for Delivery and Selling of Coal thereof for a period of25 (twenty five)years or until the proposed life of the Mine, whichever is shorter, commencing from the Appointed Date and thus the Mine Operator hereby accepts and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided that, at least 1 (one) year before the expiry of the Contract Period, the Parties may, with mutual agreement, extend the Contract Period for such further period and on such terms and conditions as the Parties may mutually agree, but not exceeding 10 (ten) years. Provided that, unless otherwise agreed by the Parties, the terms of this Agreement shall continue to apply to any extended term subject to Clause 9.1.1. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Mines are exhausted. In case any dispute arises with respect to exhaustion of Coal reserves, the decision of Coal Controller Office (“CCO”)shall be final and binding. 3.1. 2Subject to and in accordance with the provisions of this Agreement, the Mine Operator shall be responsible, liable and/or entitled (as the case may be) to: (a) access to the Sitefor the purpose of, and to the extent, conferred by the provisions of this Agreement; (b) prepare and procure approval of the Mining Plan including the plan for mine closure, R&R Plan; (c) obtain the Applicable Permits; (d) finance, re-open and develop the Mines; (e) manage, operate and maintain the Mines in accordance with this Agreement; (f) safety of the Mines (g) excavate/extractCoal for Delivery thereof under and in accordance with the provisions of this Agreement; (h) receive therevenue share of Mine Operator on Selling of Coalsubject to and in accordance with this Agreement; (i) perform and fulfill all of the Mine Operator's obligations under and in accordance with this Agreement; (j) save as otherwise expressly provided in this Agreementor impliedly, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Mine Operator under this Agreement; and (k) neither assign, mortgage, transfer or sub-let or create any lien or Encumbrance on this Agreement, or on the whole or any part of the Mines, nor sell, transfer, exchange, lease, encumber or part possession thereof, save and except as expressly permitted by this Agreement. It is hereby clarified that any assignment, transfer or sub-let of, or creation of any lien or Encumbrance on, this Agreement or on the whole or any part of the Mines as may be expresslypermitted under this Agreement, shall be subject to the prior written consent of the Authority, and in case, the permission sought for consent is withheld by the Authority for any reason, then the same cannot be deemed to be a consent by the Authority.

Appears in 1 contract

Sources: Contract Agreement

Appointment of Mine Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, the Authority hereby authorizes appoints the Mine Operator,, as the Mine Operator to re-openexplore, plan, develop and operate the Mines and to excavate/extractCoal excavate Coal for Delivery and Selling of Coal thereof to the Authority for a period of25 of [27 (twenty five)years twenty-seven) years]4 or until the proposed life of the MineMines, whichever is shorter, commencing from the Appointed Date date of Agreement, and thus the Mine Operator hereby accepts such appointment and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided that, at least 1 (one) year before the expiry of the Contract Period, the Parties may, with mutual agreement, extend the Contract Period for such further period and on such terms and conditions as the Parties may mutually agree, but not exceeding 10 (ten) years. Provided that, unless otherwise agreed by the Parties, the terms of this Agreement shall continue to apply to any extended term subject to Clause 9.1.1. 1. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Mines are exhausted. In case any dispute arises between the Parties with respect to exhaustion of Coal reservesreserves in the Mines, the decision of the Coal Controller Office (“CCO”)shall CCO”) shall be final and binding. 3.1. 2Subject 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Mine Operator shall be responsible, liable and/or obliged or entitled (as the case may be) to: (a) access to the Sitefor Site for the purpose of, and to the extent, conferred by the provisions of this Agreement; (b) undertake geological exploration and preparation of Geological Report; (c) prepare and procure approval of the Mining Plan including which include Mine Closure Plan; (d) prepare Detailed Project Report; (e) ▇▇▇▇▇▇▇▇▇ R&R activities as the plan for mine closure, Pure Agent in accordance with R&R Plan; (cf) obtain the procure all necessary permits and statutory clearances as per Applicable Law and Applicable Permits; (dg) finance, re-open manage and develop the Mines; 4 To be finalized as per time allotted for CP completion, considering the Performance Period as 25 years. (h) operate and maintain the Mines; (ei) manage, operate and maintain the Mines in accordance with this Agreement; (f) safety of the Mines (g) excavate/extractCoal excavate Coal for Delivery thereof to the Authority under and in accordance with the provisions of this Agreement; (hj) receive therevenue share the Exploration Charge from the Authority in respect of Mine Operator exploration and preparation of the Geological Report subject to and in accordance with this Agreement on Selling completion of Coalsubject exploration and Authority’s written approval of the Geological Report; (k) receive the Mining Charge from the Authority in respect of excavation/ and Delivery of Coal subject to and in accordance with this Agreement; (il) perform and fulfill all of the Mine Operator's obligations under and in accordance with this Agreement; (jm) save as otherwise expressly provided in this Agreementor impliedlyAgreement, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Mine Operator under this Agreement; and (kn) neither assign, mortgage, transfer or sub-let or create any lien or Encumbrance on this Agreement, or on the whole or any part of the Mines, nor sell, transfer, exchange, lease, encumber or part possession thereof, save and except as expressly permitted by this Agreement. It is hereby clarified that any assignment, transfer or sub-let of, or creation of any lien or Encumbrance on, this Agreement or on the whole or any part of the Mines as may be expresslypermitted expressly permitted under this Agreement, shall be subject to the prior written consent of the Authority, and in case, the permission sought for consent is withheld by the Authority for any reason, then the same canwhich shall not be deemed to be a consent unreasonably withheld by the Authority.

Appears in 1 contract

Sources: Contract Agreement

Appointment of Mine Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, the Authority hereby authorizes the Mine Operator,, to re-open, develop and operate the Mines and to excavate/extractCoal extract Coal for Delivery and Selling of Coal thereof for a period of25 of [25 (twenty five)years five) years or until the proposed life of the Mine, whichever is shorter], commencing from the Appointed Date and thus the Mine Operator hereby accepts and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided that, at least 1 (one) year before the expiry of the Contract Period, the Parties may, with mutual agreement, extend the Contract Period for such further period and on such terms and conditions as the Parties may mutually agree, but not exceeding 10 (ten) years. Provided that, unless otherwise agreed by the Parties, the terms of this Agreement shall continue to apply to any extended term subject to Clause 9.1.1. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Mines are exhausted. In case any dispute arises with respect to exhaustion of Coal reserves, the decision of Coal Controller Office (“CCO”)shall CCO”) shall be final and binding. 3.1. 2Subject 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Mine Operator shall be responsible, liable and/or entitled (as the case may be) to: (a) access to the Sitefor Site for the purpose of, and to the extent, conferred by the provisions of this Agreement; (b) prepare and procure approval of the Mining Plan including the plan for mine closure, R&R Plan; (c) obtain the Applicable Permits; (d) finance, re-open and develop the Mines; (e) manage, operate and maintain the Mines in accordance with this Agreement; (f) safety of the Mines (g) excavate/extractCoal excavate/ extract Coal for Delivery thereof under and in accordance with the provisions of this Agreement; (h) receive therevenue the revenue share of Mine Operator on Selling of Coalsubject Coal subject to and in accordance with this Agreement; (i) perform and fulfill all of the Mine Operator's obligations under and in accordance with this Agreement; (j) save as otherwise expressly provided in this Agreementor Agreement or impliedly, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Mine Operator under this Agreement; and (k) neither assign, mortgage, transfer or sub-let or create any lien or Encumbrance on this Agreement, or on the whole or any part of the Mines, nor sell, transfer, exchange, lease, encumber or part possession thereof, save and except as expressly permitted by this Agreement. It is hereby clarified that any assignment, transfer or sub-let of, or creation of any lien or Encumbrance on, this Agreement or on the whole or any part of the Mines as may be expresslypermitted expressly permitted under this Agreement, shall be subject to the prior written consent of the Authority, and in case, the permission sought for consent is withheld by the Authority for any reason, then the same cannot be deemed to be a consent by the Authority.

Appears in 1 contract

Sources: Contract Agreement

Appointment of Mine Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, the Authority hereby authorizes appoints the Mine Operator,, as the mine operator to re-open, develop and operate the Mines and to excavate/extractCoal excavate Coal for Delivery and Selling of Coal thereof to the Authority for a period of25 of [15 (twenty five)years or until the proposed life of the Mine, whichever is shorter, fifteen)] years commencing from the Appointed Date Date, and thus the Mine Operator hereby accepts such appointment and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided that, at least not later than 1 (one) year before the expiry of the Contract Period, the Parties may, with mutual agreement, extend the Contract Period for such further period and on such terms and conditions as the Parties may mutually agree, but not exceeding 10 (ten) years. Provided that, unless otherwise agreed by the Parties, the terms of this Agreement shall continue to apply to any extended term subject to Clause 9.1.1. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Mines are exhausted. In case any dispute arises with respect to exhaustion of Coal reserves, the decision of Coal Controller Office (“CCO”)shall exhausted or cannot be final and bindingexcavated on a commercially viable basis. 3.1. 2Subject 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Mine Operator shall be responsible, liable and/or obliged or entitled (as the case may be) to: (a) access to the Sitefor Site for the purpose of, and to the extent, conferred by the provisions of this Agreement; (b) prepare and procure approval of the Mining Plan including the plan for mine closure, R&R Plan; (c) obtain the Applicable Permits; (d) finance, re-open finance and develop the Mines; (ec) manage, operate and maintain the Mines in accordance with this Agreement; (fd) safety of the Mines (g) excavate/extractCoal excavate Coal for Delivery thereof to the Authority under and in accordance with the provisions of this Agreement; (he) receive therevenue share Mining Charge from the Authority in respect of Mine Operator on Selling excavation and Delivery of Coalsubject Coal subject to and in accordance with this Agreement; (if) perform and fulfill all of the Mine Operator's obligations under and in accordance with this Agreement; (jg) save as otherwise expressly provided in this Agreementor impliedlyAgreement, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Mine Operator under this Agreement; and (kh) neither assign, mortgage, transfer or sub-let or create any lien or Encumbrance on this Agreement, hereby granted or on the whole or any part of the Mines, nor sell, transfer, exchange, lease, encumber lease or part possession thereof, save and except as expressly permitted by this Agreement. It is hereby clarified that any assignment, transfer or sub-let of, or creation of any lien or Encumbrance on, this Agreement or on the whole or any part of the Mines as may be expresslypermitted under this Agreement, shall be subject to the prior written consent of the Authority, and in case, the permission sought for consent is withheld by the Authority for any reason, then the same cannot be deemed to be a consent by the Authority.

Appears in 1 contract

Sources: Coal Mining Agreement

Appointment of Mine Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, the Authority hereby authorizes appoints the Mine Operator,, as the mine operator to re-open, develop and operate the Mines and to excavate/extractCoal extract Coal for Delivery and Selling of Coal thereof to the Authority for a period of25 of [25 (twenty five)years five) years or until the proposed life of the Mine, whichever is shorter, ] commencing from the Appointed Date Date, and thus the Mine Operator hereby accepts such appointment and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided that, at least 1 (one) year before the expiry of the Contract Period, the Parties may, with mutual agreement, extend the Contract Period for such further period and on such terms and conditions as the Parties may mutually agree, but not exceeding 10 (ten) years. Provided that, unless otherwise agreed by the Parties, the terms of this Agreement shall continue to apply to any extended term subject to Clause 9.1.1. 1. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Mines are exhausted. In case any dispute arises with respect to exhaustion of Coal reserves, the decision of Coal Controller Office (“CCO”)shall exhausted or cannot be final and bindingextracted on a commercially viable basis. 3.1. 2Subject 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Mine Operator shall be responsible, liable and/or obliged or entitled (as the case may be) to: (a) access to the Sitefor Site for the purpose of, and to the extent, conferred by the provisions of this Agreement; (b) prepare and procure approval of the Mining Plan including the plan for mine closure, R&R Plan; (c) obtain the Applicable Permits; (d) finance, re-open finance and develop the Mines; (ec) manage, operate and maintain the Mines in accordance with this Agreement; (fd) safety of the Mines (g) excavate/extractCoal extract Coal for Delivery thereof to the Authority under and in accordance with the provisions of this Agreement; (he) receive therevenue share the Mining Charge from the Authority in respect of Mine Operator on Selling extraction and Delivery of Coalsubject Coal subject to and in accordance with this Agreement; (if) perform and fulfill all of the Mine Operator's obligations under and in accordance with this Agreement; (jg) save as otherwise expressly provided in this Agreementor impliedlyAgreement, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Mine Operator under this Agreement; and (kh) neither assign, mortgage, transfer or sub-let or create any lien or Encumbrance on this Agreement, hereby granted or on the whole or any part of the Mines, nor sell, transfer, exchange, lease, encumber lease or part possession thereof, save and except as expressly permitted by this Agreement. It is hereby clarified that any assignment, transfer or sub-let of, or creation of any lien or Encumbrance on, this Agreement or on the whole or any part of the Mines as may be expresslypermitted under this Agreement, shall be subject to the prior written consent of the Authority, and in case, the permission sought for consent is withheld by the Authority for any reason, then the same cannot be deemed to be a consent by the Authority.

Appears in 1 contract

Sources: Model Contract Agreement

Appointment of Mine Operator. 3.1.1 Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, the Authority hereby authorizes the Mine Operator,to re, tore-open, develop and operate the Mines and to excavate/extractCoal extract Coal for Delivery and Selling of Coal thereof for a period of25 of [25 (twenty five)years or until the proposed life of the Mine, whichever is shorter], commencing from the Appointed Date and thus the Mine Operator hereby accepts and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Provided that, at least 1 (one) year before the expiry of the Contract Period, the Parties may, with mutual agreement, extend the Contract Period for such further period and on such terms and conditions as the Parties may mutually agree, but not exceeding 10 (ten) years. Provided that, unless otherwise agreed by the Parties, the terms of this Agreement shall continue to apply to any extended term subject to Clause 9.1.1. Provided further that, the Contract Period shall be deemed to have expired in the event the Parties mutually agree that the Coal reserves in the Mines are exhausted. In case any dispute arises with respect to exhaustion of Coal reserves, the decision of Coal Controller Office (“CCO”)shall CCO”) shall be final and binding. 3.1. 2Subject to and in accordance with the provisions of this Agreement, the Mine Operator shall be responsible, liable and/or entitled (as the case may be) to: (a) access to the Sitefor Site for the purpose of, and to the extent, conferred by the provisions of this Agreement; (b) prepare and procure approval of the Mining Plan including the plan for mine closure, R&R Plan; (c) obtain the Applicable Permits; (d) finance, re-open and develop the Mines; (e) manage, operate and maintain the Mines in accordance with this Agreement; (f) safety of the Mines (g) excavate/extractCoal extract Coal for Delivery thereof under and in accordance with the provisions of this Agreement; (h) receive therevenue the revenue share of Mine Operator on Selling of Coalsubject Coal subject to and in accordance with this Agreement; (i) perform and fulfill all of the Mine Operator's obligations under and in accordance with this Agreement; (j) save as otherwise expressly provided in this Agreementor Agreement or impliedly, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Mine Operator under this Agreement; and (k) neither assign, mortgage, transfer or sub-let or create any lien or Encumbrance on this Agreement, or on the whole or any part of the Mines, nor sell, transfer, exchange, lease, encumber or part possession thereof, save and except as expressly permitted by this Agreement. It is hereby clarified that any assignment, transfer or sub-let of, or creation of any lien or Encumbrance on, this Agreement or on the whole or any part of the Mines as may be expresslypermitted expressly permitted under this Agreement, shall be subject to the prior written consent of the Authority, and in case, the permission sought for consent is withheld by the Authority for any reason, then the same cannot be deemed to be a consent by the Authority.

Appears in 1 contract

Sources: Contract Agreement