Vesting of Site with Concessionaire Sample Clauses

Vesting of Site with Concessionaire. ‌ Pursuant to grant of Concession and in consideration of grant of lease of the Site in accordance with Land Lease Agreement, the Concessionaire shall pay to the Lead ULB by way of lease payment (the “Lease Payment”), as per Schedule 19 during the Concession Period. Subject to other provisions of the Concession Agreement, Concessionaire shall have the full right to regulate the entry into and use of the Site. The land constituting the Site shall be vested with Concessionaire under this Concession, for the sole purposes of performance, execution and implementation of the Project. The Lead ULB will hand over land to the Concessionaire in accordance with Clause 6.1.2(e) upon achievement of Milestones for land transfer as set out in Schedule 9.
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Vesting of Site with Concessionaire. (a) State Govt hereby agrees that the land constituting the Site shall be vested with the Concessionaire under the Lease Agreement, for the purposes of the development of the Regional MSW Facility for enabling the Participating ULBs to discharge their functions of management, treatment, processing and disposal of MSW. State Govt shall vest the Site with the Concessionaire in accordance with this clause no later than six (6) months from the date of execution of this Concession Agreement. (b) State Govt shall lease the Site to the Concessionaire at a nominal lease rental of Rs. [●] per square meter per annum for the Term and the Concessionaire shall execute a separate Lease Agreement with State Govt together with the execution of this Agreement. The lease rental can be paid in advance for such period of time as the Concessionaire may deem fit. The lease rental shall remain fixed for the entire Term and shall not be subject to any escalation. The Concessionaire shall have the full right to regulate the entry into and use of the Site.
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Vesting of Site with Concessionaire. Pursuant to grant of Concession and in consideration of grant of lease of the Site in accordance with Land Lease Agreement, the Concessionaire shall pay to the Authority by way of lease payment (the “Lease Payment” / “Concession Fee”), a nominal sum of Re. 1 (Rupee one) per square meter per annum during the Concession Period. The amount of Lease Payment shall be escalated in accordance with the Land Lease Agreement. Subject to other provisions of the Concession Agreement, Concessionaire shall have the full right to regulate the entry into and use of the Site. The land constituting the Site shall be vested with Concessionaire under this Concession, for the sole purposes of performance, execution and implementation of the Project. The Concessionaire is responsible for payment of all applicable taxes, including property tax on the site. The Authority will hand over land to the Concessionaire in accordance with Clause 6.1.2(f) upon achievement of Milestones for land transfer as set out in Schedule 9, Clause 9.7.
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Vesting of Site with Concessionaire. The site of the Project shall comprise the one contiguous piece of land admeasuring twelve(12) Acres earmarked by SDMC at Tehkhand, Okhla, New Delhi described in Schedule-I, and in respect of which lease shall be provided and granted by the SDMC to the Concessionaire in accordance with this Agreement (collectively, the "Site").
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Related to Vesting of Site with Concessionaire

  • Granting of Sick Leave An employee shall be granted sick leave with pay when he or she is unable to perform his or her duties because of illness or injury provided that:

  • Service with Company During the Term, Employee agrees to perform such duties and responsibilities as are assigned to him from time to time by Company’s Chief Executive Officer (the “CEO”) and/or Board of Directors (the “Board”).

  • Reporting of Sick Leave The employee will call in sick or returning in accordance with Article 14.05 to the designated employer for purposes of payment. For purposes of notification of absence, the employee will notify the appropriate home in accordance with Article 14.05 of their absence that shift.

  • Compliance with Contractor Employee Jury Service Ordinance Contractor shall comply with the County Ordinance with respect to provision of jury duty pay to employees and have and adhere to a written policy that provides that its employees shall receive from the Contractor, on an annual basis, no less than five days of regular pay for actual jury service in San Mateo County. The policy may provide that employees deposit any fees received for such jury service with the Contractor or that the Contractor deduct from the employees’ regular pay the fees received for jury service.

  • Transfer of Sick Leave Any teacher shall be entitled to transfer sick leave credit from 14 other Florida school districts with the restriction that at least one-half (1/2) of the valid 15 accrued leave shall be established in The School District of ▇▇▇ County, Florida.