Agreement to pay for damages Sample Clauses

Agreement to pay for damages. The applicant declares that it shall pay/ make good damages, if any, caused to the property of the Inter-state transmission licensee which has been notified by the Inter-state transmission licensee, within reasonable time of its occurrence, during the course of control, operation and maintenance of the equipment.

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Agreement to pay for damages. The applicant declares that it shall pay/ make good damages, if any, caused to the property of the ISTL/STU/InSTL (as applicable), which has been notified by the ISTL/STU/InSTL (as applicable), within reasonable time of its occurrence, during the course of control, operation and maintenance of the equipment.

Agreement to pay for damages. The applicant declares that it shall pay/ make good damages, if any, caused to the property of the ISTL/STU/InSTL(as applicable), which has been notified by the ISTL and STU/InSTL (as applicable), within reasonable time of its occurrence, during the course of control, operation and maintenance of the equipment. Agreement to pay Charges for construction of Bays: The Applicant will execute an agreement with ISTL and STU/InSTL (as applicable) for the erection of equipment of Applicant in the substation premises of the ISTL/STU/InSTL(as applicable) for construction of bays, if required. For this purpose, the applicant shall pay charges to the ISTL and STU/InSTL (as applicable) on mutually agreed terms. Agreement to pay O&M Charges: The Applicant shall pay O&M charges to the ISTL/STU/InSTL(as applicable) on mutually agreed terms for the bay equipment of Applicant being operated & maintained by the ISTL/STU/InSTL(as applicable) in their substation. These O&M charges will be governed from time to time as per mutually agreed terms. Conditions Precedent to the implementation of the Commissioning Instructions The applicant shall have to get appropriate “Commissioning Instructions” prior to actually first charging of the equipment through the grid. The charging instructions shall be issued on confirmation from the Applicant and ISTL/STU/InSTL(as applicable) that: the Connection Works have been completed; the Applicant has complied with its all obligations as set out in the Offer Letter; the Applicant has demonstrated the voice & data communication facilities to concerned RLDC; the Applicant have obtained necessary approvals like PTCC, clearance from Electrical Inspectorate of CEA etc. from competent authority; the Applicant have complied with its obligations under the Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007 and its amendment thereof.

Agreement to pay for damages. The parties declare that it shall pay / make good damages, if any, caused by the one party to the property/equipment of the other party, which should be notified within two days of its occurrence.

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