ASSETS FINANCED BY THE Sample Clauses

ASSETS FINANCED BY THE. CONCESSIONAIRE THAT BECOME PROPERTY OF THE GRANTOR OF CONCESSION а) Any asset acquired, constructed, installed, created and/or financed by the CONCESSIONAIRE for the needs of fulfillment of the obligations under the present Concession Agreement and in general for the exploitation of the Airport and by virtue of the law is defined as public state property shall become property of the GRANTOR OF CONCESSION at the moment of its delivery to the CONCESSIONAIRE in conformity to the condition of the respective contract for delivery and art. 4.6 (as far as the delivery of movables, necessary for performance of Regulated activity, is concerned, except in case when the law requires special form for transferring of the ownership right then it shall be transferred in 14-day term with the assistance of the GRANTOR OF CONCESSION) and/or as from the moment of its permanent attachment to the Object of concession (as far as equipment or facilities are concerned) or at the moment of its objectifying (as far as construction works are concerned) and automatically become part of the Airport Assets and
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Related to ASSETS FINANCED BY THE

  • Excluded Assets Notwithstanding the foregoing, the Purchased Assets shall not include the following assets (collectively, the “Excluded Assets”):

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