CONCESSION AND CONCESSION PERIOD Sample Clauses

CONCESSION AND CONCESSION PERIOD. 3.1 In consideration of the Manager’s obligations contained in this Agreement and relying on the Managers warranties and representations contained herein, the Authority, subject to the terms of this Agreement, hereby grants to the Manager and authorizes it, for the duration of the Concession Period, to implement the Project and to operate, maintain the Project Assets and exercise and enjoy the rights, powers, benefits, privileges, authorizations and entitlements as set forth in this Agreement(the “Concession”).
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CONCESSION AND CONCESSION PERIOD 

Related to CONCESSION AND CONCESSION PERIOD

  • Concession Period The Concession hereby granted is for a period of [●]11 years commencing from Date of Award of Concession during which the Concessionaire is authorized and obliged to implement the Project and to provide Project Facilities and Services as per Scope of work in accordance with the provisions hereof. Provided that: -

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