Common use of Operationalization of Payment security mechanism Clause in Contracts

Operationalization of Payment security mechanism. In case of non-maintenance of adequate payment security mechanism provisions of applicable rules issued by the Ministry of Power, as amended from time to time shall apply.

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement

Operationalization of Payment security mechanism. β€Œ In case of non-maintenance of adequate payment security mechanism provisions of applicable rules issued by the Ministry of Power, as amended from time to time shall apply.

Appears in 1 contract

Sources: Power Purchase Agreement