Handing Over Procedure. 19.7.1 Two months prior to the expiry of the Concession Period, the Authority and the Concessionaire shall meet and agree by mutual consensus on detailed procedures for the handing over of the possession of the Project Facility along with the Project Site. In the event, the handing over of the possession of Project Facility is required pursuant to ARTICLE 19 hereof, the Parties shall meet to agree on such procedures as soon as possible and in any event within 3 (three) days of either Party giving notice to the other Party requesting such meeting. At the time of such meeting, the Concessionaire shall submit a detailed list of the structures, equipment created by the Authority to be handed over to the Authority in terms hereof and the names of its representatives in charge of such transfer, and the Authority shall inform the Concessionaire of the identity of its representatives in charge of the handing over procedure; 19.7.2 During the two month period prior to the handing over of the Project Facility at the expiry of the Concession period, the Concessionaire shall provide such training services to the representatives and employees of the Authority as may be reasonably necessary for them to operate and maintain the Project Facility efficiently and safely following such transfer; 19.7.3 Notwithstanding anything contained in this Concession Agreement, in the event the Parties do not go through the transfer procedure, the Authority shall suo moto enter the Project Site and take possession of the Project Facility and assets created by the Authority on the Project Site.
Appears in 1 contract
Sources: Concession Agreement
Handing Over Procedure. 19.7.1 13.7.1 Two months prior to the expiry of the Concession Period, Period the Authority and the Concessionaire shall meet and agree by mutual consensus on detailed procedures for the handing over of the possession of the Project Facility along with the Project Site. In the event, event the handing over of the possession of Project Facility is required pursuant to ARTICLE 19 hereofFacility, the Parties shall meet to agree on such procedures as soon as possible and in any event within 3 (three) days of either Party giving notice to the other Party requesting such meeting. At the time of such meeting, the Concessionaire shall submit a detailed list of the structuresinfrastructure, equipment created by the Authority to be handed over to the Authority in terms hereof and the names of its representatives in charge of such transfer, and the Authority shall inform the Concessionaire of the identity of its representatives in charge of the handing over procedure;
19.7.2 13.7.2 During the two two-month period prior to the handing over of the Project Facility at the expiry of the Concession period, the Concessionaire shall provide such training services to the representatives and employees of the Authority as may be reasonably necessary for them to operate and maintain the Project Facility efficiently and safely following such transfer;
19.7.3 13.7.3 Notwithstanding anything contained in this Concession Agreement, in the event the Parties do not go through the transfer procedure, the Authority shall suo moto enter the Project Site and take possession of the Project Facility and assets created by the Authority on the Project Site.
Appears in 1 contract
Sources: Concession Agreement