Common use of BUSINESS RISKS Clause in Contracts

BUSINESS RISKS. Except as expressly provided in this Agreement, the Concessionaire shall carry out and perform its rights and obligations under this Agreement and the other Transaction Documents at its own cost and risk. The Concessionaire shall be fully responsible for and shall bear the financial, commercial and business risks in relation to the Project and all its rights and obligations under or pursuant to this Agreement and the other Transaction Documents.

Appears in 9 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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BUSINESS RISKS. Except as expressly provided in this Agreement, the Concessionaire shall carry out and perform its rights and obligations under this Agreement and the other Transaction Documents Project Agreements at its own cost and risk. The Concessionaire shall be fully responsible for and shall bear the financial, commercial and business risks in relation to the Project and all its rights and obligations under or pursuant to this Agreement and the other Transaction DocumentsProject Agreements.

Appears in 1 contract

Samples: Concession Agreement

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