Concession. A concession by the Borrower, after applicable notice and cure periods, under any one or more obligations in an aggregate monetary amount in excess of $100,000.
Concession. A concession by the Borrower or a default under any one or more obligations in an aggregate monetary amount in excess of $50,000.
Concession. Executive will be provided with paid PDA or mobile phone service for one electronic device, as well as concession Telephone and Toll Service, DSL Internet Service and in territory Digital TV service benefits consistent with those available to other executives.
Concession. In consideration of the Concessionaire agreeing to pay to the Concessioning Authority (a) the License Fee and (b) Royalty, and performing its obligations as set out in this Agreement, the Concessioning Authority hereby grants to the Concessionaire, subject to the provisions of this Agreement, an exclusive license for designing, engineering, financing, constructing, equipping, operating, maintaining, replacing the Project Facilities and Services as per Scope of Work.
Concession. A concession by the Company of a default under any one or more obligations in an aggregate monetary amount in excess of $50,000.
Concession. A. Where an Employer is a partnership or a corporation and two or more partners or two or more corporate officers (stockholders), as defined and limited in Article Eighteen of this Agreement, work in any one of the Employer’s drug stores, said Employer hereby agrees that he will not during the term of this Agreement grant a concession in such drug store to any person, firm or corporation or permit any person, firm or corporation to operate a concession in such drug store without the written consent of the Union. The Union’s refusal to grant its consent shall be conclusive and shall not be subject to arbitration, anything in this Agreement to the contrary notwithstanding. The foregoing provision with respect to the requirement of the Union’s consent for the granting of a concession shall not apply in any case where a concession has heretofore been granted and is in existence at the time of the execution of this Agreement or any case where the Employer is an individual proprietor or if a partnership or corporation only one partner or one corporate officer (stockholder) as defined and limited in Article Eighteen works in the drug store of the Employer, it being understood that where less than two Employers work in any drug store a concession may be granted, without the consent of the Union, provided, however, that in no instance, shall the combined number of Employers and/or concessionaires working in any drug store exceed two.
B. Should the Union consent to the Employer's grant of a conces sion, and in any situation where the grant of a concession by the Employer is not by Paragraph A hereof forbidden, it is specifically understood and agreed that no .more than one (1) concessionaire shall work in such concession.
C. It is further agreed that the Employer shall and does hereby assume full responsibility for the performance of all of the terms and provisions of this Agreement by any concesionaire in his store.
D. It is further understood and agreed that if the employees of the Employer have been covered for unemployment insurance benefits under the New York State Unemployment Insurance Law at or before the taking in of a partner or the granting of a concession by the Employer as the case may be, said employees, including the employees working in the concession, shall continue to be covered for unemploy ment insurance benefits under the New York State Unemployment In surance Law to the same extent as if no partner was taken in or conces sion granted; and t...
Concession. It is the legal relationship in Public Law that is established between the Grantor and the Concessionaire as of the Closing Date, by means of which the Grantor grants the Concessionaire the right to economic exploitation of a public utility, during its validity term, according to Agreement Terms and to the Applicable Laws and Provisions.
Concession. (a) Subject to and in accordance with the terms and conditions set forth in this Agreement, the Applicable Laws, the terms of Applicable Permits, and Good Industry Practice, the Authority hereby grants to the Concessionaire, and the Concessionaire hereby accepts the exclusive right, authority and Concession to undertake, during the Concession Period, the development, design, engineering, financing, procurement, completion, commissioning, implementation, marketing, management, administration operation and maintenance of the Project Facilities at the Site and exercise and enjoy the rights, powers, privileges, Concessions and entitlements as set forth in this Agreement (collectively the “Concession”)and the Concessionaire hereby accepts the Concession and agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein.
(b) Subject to and in accordance with the provisions of this Agreement, the Concession granted herein includes shall oblige or entitle (as the case may be) the Concessionaire to:
i. make at its cost and expense such development and improvements in the Site as may be necessary to implement the Project and establish the Project Facilities thereat subject to and in accordance with the provisions of this Agreement;
ii. Develop, finance, design, construct, market, manage, administer, operate and maintain the Project Facilities in conformity with the Specifications and Standards set forth in Appendix 4;
iii. To apply for, procure & maintain all requisite Applicable Permits for the development of Project Facilities on the Project Site as well as for the O&M thereof, including plans for construction thereon for such uses and purposes as permitted under this Agreement; and
iv. Operate and maintain the Project and regulate the use thereof by Third Party users in accordance with the provisions of this Agreement and Applicable Laws;
v. Determine, demand, revise, charge, collect, retain and appropriate User Charges;
vi. Enter into Contractual Arrangements in relation to the Project Facilities;
vii. Appoint Contractors/sub-contractors for discharging any of its obligations under this Agreement, carrying on its business of implementing, constructing, managing, marketing, operating and/or maintaining the Project; and that all such contracts are subordinate to this Agreement and co-terminus.,
viii. exercise all rights and remedies available under the Applicable Laws to recover the User Charges in compliance with the r...
Concession. Legal relationship of Public Law established between the GRANTOR and the CONCESSIONAIRE since the Closing Date, by means of which the GRANTOR gives the CONCESSIONAIRE the right to the Project’s economic exploitation, throughout its term of effect, as per the terms of the Contract and the Applicable Laws and Provisions.
Concession. Legal relationship of Public Law established between the Grantor and the Concession Holder since the Closing Date, by means of which the Grantor gives the Concession Holder the right to the Project’s economic exploitation, throughout its term of effect, as per the terms of the Contract and Applicable Laws and Regulations.
