Condition Survey. i. The Concessionaireagreesthat at least 6 (six)Monthsprior to theexpiry by efflux of timeof the Concession Period, it shall, cause to be conducted at its cost by an Independent Engineer, acondition survey and an inventory of the entire Project Facilities and Services. If, as a result ofsuch survey, the Expert shall observe/notice that the Port’s Assets and/or the Project Facilitiesand Services or any part thereof have/has not been operated and maintained in accordance withthe requirements therefor under this Agreement (normal wear and tear excepted) the Concessionaire shall, at its cost and expenses, take all necessary steps to put the same in goodworking condition well before the Transfer Date. In the event the Concessionaire fails to complywith this provision, the Concessioning Authority may itself cause the condition survey and inventory of the Port’s Assets and Project Facilities and Services to be conducted and removeany defect or deficiency. The Concessioning Authority shall be promptly reimbursed by theConcessionaire for the costs incurred in conducting such survey and preparation of inventory asalso in putting the Project Facilities and Services in a good working condition. ii. Deleted
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement
Condition Survey. i. The Concessionaireagreesthat Concessionaire agrees that at least 6 (six)Monthsprior six) Months prior to theexpiry the expiry by efflux of timeof time of the Concession Period, it shall, cause to be conducted at its cost by an Independent EngineerExpert appointed by the Parties by mutual consent, acondition a condition survey and an inventory of the entire Project Facilities and Services. If, as a result ofsuch of such survey, the Expert shall observe/notice that the Port’s Assets and/or the Project Facilitiesand Facilities and Services or any part thereof have/has not been operated and maintained in accordance withthe with the requirements therefor therefore under this Agreement (normal wear and tear exceptedaccepted) the Concessionaire shall, at its cost and expenses, take all necessary steps to put the same in goodworking good working condition well before the Transfer Date. In the event the Concessionaire fails to complywith comply with this provision, the Concessioning Authority may itself cause the condition survey and inventory of the Port’s Assets and Project Facilities and Services to be conducted and removeany remove any defect or deficiency. The Concessioning Authority shall be promptly reimbursed by theConcessionaire the Concessionaire for the costs incurred in conducting such survey and preparation of inventory asalso as also in putting the Project Facilities and Services in a good working condition.
ii. Deleted
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement
Condition Survey. i. (i) The Concessionaireagreesthat Concessionaire agrees that at least 6 (six)Monthsprior six)28 Months prior to theexpiry the expiry by efflux of timeof time of the Concession Period, it shall, cause to be conducted at its cost by an Independent Engineer, acondition a condition survey and an inventory of the entire Project Facilities and Services. If, as a result ofsuch of such survey, the Expert shall observe/notice that the Port’s Assets and/or the Project Facilitiesand Facilities and Services or any part thereof have/has not been operated and maintained in accordance withthe with the requirements therefor under this Agreement (normal wear and tear excepted) the Concessionaire shall, at its cost and expenses, take all necessary steps to put the same in goodworking good working condition well before the Transfer Date. In the event the Concessionaire fails to complywith comply with this provision, the Concessioning Authority may itself cause the condition survey and inventory of the Port’s Assets and Project Facilities and Services to be conducted and removeany remove any defect or deficiency. The Concessioning Authority shall be promptly reimbursed by theConcessionaire the Concessionaire for the costs incurred in conducting such survey and preparation of inventory asalso as also in putting the Project Facilities and Services in a good working condition.
(ii. ) Deleted
Appears in 1 contract
Sources: Concession Agreement
Condition Survey. i. (i) The Concessionaireagreesthat Concessionaire agrees that at least 6 (six)Monthsprior six) Months prior to theexpiry the expiry by efflux of timeof time of the Concession Period, it shall, cause to be conducted at its cost by an Independent EngineerExpert appointed by the Parties by mutual consent, acondition a condition survey and an inventory of the entire Project Facilities and Services. If, as a result ofsuch of such survey, the Expert shall observe/notice that the Port’s Assets and/or the Project Facilitiesand Facilities and Services or any part thereof have/has not been operated and maintained in accordance withthe with the requirements therefor under this Agreement (normal wear and tear excepted) the Concessionaire shall, at its cost and expenses, take all necessary steps to put the same in goodworking good working condition well before the Transfer Date. In the event the Concessionaire fails to complywith comply with this provision, the Concessioning Authority may itself cause the condition survey and inventory of the Port’s Assets and Project Facilities and Services to be conducted and removeany remove any defect or deficiency. The Concessioning Authority shall be promptly reimbursed by theConcessionaire the Concessionaire for the costs incurred in conducting such survey and preparation of inventory asalso as also in putting the Project Facilities and Services in a good working condition.
ii. Deleted
Appears in 1 contract
Sources: Concession Agreement
Condition Survey. i. The Concessionaireagreesthat Concessionaire agrees that at least 6 (six)Monthsprior six)28 Months prior to theexpiry the expiry by efflux of timeof time of the Concession Period, it shall, cause to be conducted at its cost by an Independent Engineer, acondition a condition survey and an inventory of the entire Project Facilities and Services. If, as a result ofsuch of such survey, the Expert shall observe/notice that the Port’s Assets and/or the Project Facilitiesand Facilities and Services or any part thereof have/has not been operated and maintained in accordance withthe with the requirements therefor under this Agreement (normal wear and tear excepted) the Concessionaire shall, at its cost and expenses, take all necessary steps to put the same in goodworking good working condition well before the Transfer Date. In the event the Concessionaire fails to complywith comply with this provision, the Concessioning Authority may itself cause the condition survey and inventory of the Port’s Assets and Project Facilities and Services to be conducted and removeany remove any defect or deficiency. The Concessioning Authority shall be promptly reimbursed by theConcessionaire the Concessionaire for the costs incurred in conducting such survey and preparation of inventory asalso as also in putting the Project Facilities and Services in a good working condition.
ii. Deleted
Appears in 1 contract
Sources: Concession Agreement