Common use of ANNUITY AMOUNT PAYMENTS Clause in Contracts

ANNUITY AMOUNT PAYMENTS. 8.1.1 Subject to the provisions of this Agreement and in consideration of the Concession and the undertaking by the Operator to perform and discharge its obligations in accordance with the terms and conditions set out in this Agreement, the Authority agrees and undertakes to pay each Payable Annuity Amount Payment to the Operator on its corresponding Annuity Amount Payment Date in accordance with the terms of this Agreement.

Appears in 9 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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ANNUITY AMOUNT PAYMENTS. 8.1.1 10.1.1 Subject to the provisions of this Agreement and in consideration of the Concession and the undertaking by the Operator Manager to perform and discharge its obligations in accordance with the terms and conditions set out in this Agreement, the Authority agrees and undertakes to pay each Payable Annuity Amount Payment to the Operator Manager on its corresponding Annuity Amount Payment Date in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Concession Agreement

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