Ozg OSP Registration
(Call Center / BPO / Telemarketer / Support Services)
Ozg Center | Delhi | Mumbai | India
Phone # 09811415831-37-61-72-84-92-94
www.ospregistration.com
Email: license.consultant@ozg.co.in
To
The
President of India
Acting
through The Telegraph Authority
In consideration of the President of India acting through the DDG/Director,
TERM Cell (......................), Department of Telecommunications (DoT),
Government of India,
....................................................................................(office
address) (hereinafter called the ‘Authority’) having issued Registrations for
Domestic OSP and International OSP to M/s.
……………….. having it’s registered office at ……………………. (hereinafter called ‘OSP’)
to establish, maintain and operate Domestic and International OSP
Centers and the OSP having agreed to the terms and condition of ‘Other
Service Provider Category’ as appended in the schedule of the agreement for sharing
the common infrastructure facility (hereinafter called ‘the facility’) between
OSP’s Domestic & International OSP centres at …………………... (give location
address of the registered OSP centres where sharing of common infrastructure is
proposed) and as per the Letter of Intent No------------------------------
dated ………… and agreement, to be executed as provided alongwith Letter of
Intent, between Authority and OSP along with the terms and conditions of the
‘other service provider category’, appended in the schedule thereto
(hereinafter called the ‘Agreement’) which, inter-alia, provides for production
of a Bank Guarantee to the extent of Rs 50,00,000/- (Rupees Fifty Lakhs
only) by way of security for due observance and performance of terms and
conditions contained therein. We …………………….. (indicate the name and address and
other particulars of the Bank) (hereinafter referred to as ‘Bank’) at the
request of the OSP hereby irrevocably and unconditionally guarantee to the
Authority that the OSP shall abide by the terms and conditions as
contained in the Agreement.
2. We, the Bank, hereby undertake to pay to the Authority an amount not
exceeding Rs 50,00,000/- (Rupees Fifty
Lakhs only) against violation of the agreement and / or the terms and
conditions of the ‘Other Service Provider Category’ by reasons of any failure
of the OSP to abide by any terms and conditions of the Agreement,
including modifications thereof from time to time.
3. We, the
Bank, hereby further undertake to pay as surety such sum not exceeding Rs
50,00,000/- (Rupees Fifty Lakhs only) without demur to the Authority
immediately on demand that the amount claimed is due on account of failure of
OSP to abide by the terms and conditions of the Agreement.
4.
WE, THE BANK , DO HEREBY DECLARE AND AGREE that the decision of the Authority
as to whether OSP has failed to abide by any terms and conditions of the
Agreement and as to the amount payable to the Authority by the Bank hereunder
shall be final and binding on us.
5.
WE, THE BANK, DO HEREBY DECLARE AND AGREE that the
a) Guarantee herein contained shall remain in force and effect for
a period of three years from the date hereof or till the validity of the
Agreement whichever is later.
b) The Authority shall have the fullest
liberty without our consent and without affecting in any manner this
agreement or obligations hereunder to vary any of the terms and conditions for Other Service
Provider category or the terms and conditions of the Agreement or to extend
time of performance of any obligations by the said OSP from time to time or to
postpone for any time or from time to time any of the powers exercisable by the
Authority against the said OSP and to forbear or to enforce any of the terms and
conditions relating to the Other Service Provider category or the said terms
and conditions of Registration and we shall not be relieved from our
liability by reason of any variation or extension being granted to the said OSP
or forbearance act or omission on the part of the Authority or any indulgence
by the Authority to the said OSP or to give such matter or thing whatsoever
which under the law relating to sureties would but for this provision, have
effect of so relieving us.
c) Any claim which we have against the OSP
shall be subject and subordinate to the prior payment and performance in full
of all the obligations of us hereunder and we will not without prior written
consent of the Authority exercise any legal right or remedy of any kind in respect
of any such payment or performance so long as the obligations of us hereunder
remains owing and outstanding.
d) This Guarantee will not be
discharged due to the change in the constitution of the Bank or the OSP.
Dated……………..day…………………
for ………………………………..
(name of the Bank)
Witness :
1…………………………………….
2. …………………………………...
Ozg OSP Registration
(Call Center / BPO / Telemarketer / Support Services)
Ozg Center | Delhi | Mumbai | India
Phone # 09811415831-37-61-72-84-92-94
