Common use of Display of Fee rates Clause in Contracts

Display of Fee rates. 27.3.1 The Concessionaire shall conspicuously display the Fee structure at each of the terminal stations of the Project at least in English, Hindi and local language. 27.3.2 The Concessionaire shall, from time to time, inform the Authority of the applicable Fee. Such information shall be communicated at least **** days prior to the revision of Fee under and in accordance with this Agreement. 27.3.3 The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under this Agreement. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall, upon receiving a notice to this effect from the Authority, refund such excess amounts to the Authority along with Damages equal to ****percent thereof.

Appears in 1 contract

Sources: Concession Agreement

Display of Fee rates. 27.3.1 28.8.1 The Concessionaire shall conspicuously display the Fee structure at each of the terminal stations Stations of the Project at least in English, Hindi and local language. 27.3.2 28.8.2 The Concessionaire shall, from time to time, inform the Authority of the applicable Fee. Such information shall be communicated at least **** days prior to the revision of Fee under and in accordance with this Agreement. 27.3.3 28.8.3 The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under this Agreement. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall, upon receiving a notice to this effect from the Authority, refund such excess amounts to the Authority along with Damages equal to ****percent thereof.

Appears in 1 contract

Sources: Concession Agreement