Return of Performance Bank Guarantee. POI 3.4.1 Subject to Article 3.3, MSPDCL shall return / release the Performance Bank Guarantee/POI immediately after the successful Commissioning of the Project after taking into account any liquidated damages / penalties due to delays in commissioning as per provisions stipulated in this Agreement. 3.4.2 The return / release of the Performance Bank Guarantee/POI shall be without prejudice to other rights of MSPDCL under this Agreement.
Appears in 3 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement