SR2 - X Plan Modernisation - Cenex[Revised-_01-02 - Rubber Board
SR2 - X Plan Modernisation - Cenex[Revised-_01-02 - Rubber Board
SR2 - X Plan Modernisation - Cenex[Revised-_01-02 - Rubber Board
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<strong>SR2</strong> – X <strong>Plan</strong> <strong>Modernisation</strong> – <strong>Cenex</strong> 27/06/03<br />
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<strong>Board</strong> over the machinery and equipment, except with the prior<br />
approval of the <strong>Board</strong>.<br />
7) That the Processor will maintain the machinery / equipment in good<br />
working condition.<br />
8) That the Processor will not relocate, lease, transfer or dispose off the<br />
machinery / equipment without the prior approval of the <strong>Board</strong>.<br />
9) If the Processor violates any of the terms and conditions herein<br />
contained or any provision of the rules or any of the instructions,<br />
from the <strong>Board</strong> or in case of any misappropriation of financial<br />
assistance granted by the <strong>Board</strong> or if any excess billing or<br />
manipulation in the bill / voucher is detected, the <strong>Board</strong> shall have the<br />
right to demand and enforce repayment forthwith of the entire amount<br />
of financial assistance granted by the <strong>Board</strong> along with penal interest<br />
as decided by the <strong>Board</strong>.<br />
10) For matters not specifically provided herein, the Processor hereby<br />
agrees to abide by all the terms and conditions contained in the rules,<br />
as may be amended from time to time as if these rules are set out<br />
herein and form part of the agreement.<br />
Page : 13
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