RETAINED FUNCTIONS OF MWSS. 8.1 Retained Functions MWSS shall retain, among others, the following operational responsibilities during the period of the Concession (other than the responsibilities assigned to the Regulatory Office): (i) facilitating the exercise by the Concessionaire of its agency powers, upon appropriate notification to MWSS by the Concessionaire as provided in Sections 7.1 and 7.2 above; (ii) carrying out accounting and notification functions; (iii) monitoring, reporting and administering the MWSS Loans, and performing related functions in connection with the Existing Projects; (iv) providing such other services or functions as are assigned by this Agreement, or by the Regulatory Office following the Commencement Date, to MWSS; (v) managing and/or disposing of the Retained Assets; (vi) managing and operating UATP with funding from the Common Purpose Facility Group; and (vii) development of new water sources.
Appears in 1 contract
Sources: Concession Agreement
RETAINED FUNCTIONS OF MWSS. 8.1 Retained Functions MWSS shall retain, among others, the following operational responsibilities during the period of the Concession (other than the responsibilities assigned to the Regulatory Office):
(i) facilitating the exercise by the Concessionaire of its agency powers, upon appropriate notification to MWSS by the Concessionaire as provided in Sections 7.1 and 7.2 above;
(ii) carrying out accounting and notification functions;
(iii) monitoring, reporting and administering the MWSS Loans, and performing related functions in connection with the Existing Projects;
(iv) providing such other services or functions as are assigned by this Agreement, or by the Regulatory Office following the Commencement Date, to MWSS;
(v) managing and/or disposing of the Retained Assets;
(vi) managing and operating UATP with funding from the Common Purpose Facility Group; and
(vii) development Development of new water sources.
Appears in 1 contract
Sources: Concession Agreement