Concession Contract. It is the legal document by which the CONCESSION will be entered into between the SUCCESSFUL BIDDER and the GRANTOR.
Concession Contract. (a) Receipt by the Intercreditor Agent of evidence that:
Concession Contract. (i) As an alternative to the BOT procurement arrangement referred to in paragraph (a) above, Investment Projects under Part A of the Project may be implemented through concessioning arrangement, satisfactory to the Association, through an entrepreneur on the basis of international competitive bidding procedures in accordance with the provisions of Section II of the Procurement Guidelines, subject to the provisions of paragraph 3.13(a) thereof. The goods, works and services required for the construction of such Investment Project shall then be procured in accordance with the applicable procedures of said entrepreneur.
Concession Contract comply with the requirements of all material provisions of the Concession Contract as may relate to it (including obligations relating to the transfer of shares, notifications relating to shares and the maintaining of proper qualifications under Article 26 of the Concession Contract) and, to the extent it becomes aware of any such failure or circumstance, notify the Security Agent of any failure or any circumstance which may cause a failure by any Substantial Shareholder to maintain proper qualifications under Article 26 of the Concession Contract except to the extent that notification of such failure or circumstance has been given to the Security Agent by any other Obligor. Wynn Resorts undertakes to:
Concession Contract. As an alternative to the BOT procurement referred to in paragraph 5 above, Sub-projects under Part B of the Project may be implemented through concessioning arrangement, satisfactory to the Association, through an entrepreneur on the basis of international competitive bidding procedures in accordance with the provisions of Section II of the Guidelines, subject to the provisions of paragraph 3.13(a) thereof. The goods, works and services required for the construction of such Sub- project shall then be procured in accordance with the applicable procedures of said entrepreneur.
Concession Contract. If any terms or conditions of this Agreement are or become inconsistent with the terms or conditions of the National Park Service Contract, under which Licensor holds the concession to operate the Marina, or the Maintenance Agreement and Operating Plan for the operation of the Marina entered into under such contract (collectively, the “Concession Contract”), then the terms of the Concession Contract shall prevail and the inconsistent term or terms of this Agreement shall be void.
Concession Contract. This Concession Contract (Contract) comprises two separate documents : - (a) a document entitled the Agreement which incorporates inter alia all the matters encompassed by Section 20(2) of the Electricity Act 2007 (the Act) and which Agreement shall remain in force from 1st September 2015 and thereafter without limit of time at least for so long as the Concessionaire remains an enterprise wholly or partially owned by the Kingdom of Tonga; and
Concession Contract. This contract, annexes and any other document to be attached to it as an integral and indivisible part.
Concession Contract. The concession contract entered into by the applicable administrative division or agency or entity of the host country, sometimes called the Grantor or Contracting Authority, and the project company concessionaire establishes the essential definition of the project’s direction and provides the license for construction and/or operation and maintenance of the project. The contract should clearly define the scope of work (Module 2 -> Scope) of the concessionaire, what precisely he will be obliged and permitted to do and the length of time for which the concession is granted. In the past, host governments have attempted to circumvent the legally binding nature of their obligations under concession agreements by invoking the doctrine of “sovereign immunity.” International arbitration tribunals and courts have almost universally rejected sovereign immunity defences, however, on international legal grounds where stabilization or anti-nationalization or no material adverse governmental action clauses are included within the concession agreement. Such clauses act as a waiver of sovereign immunity. Private parties to a concession contract, therefore, will want to protect themselves under international law against unilateral termination of the project or unilateral modification of a concession contract by a host government by including appropriate contract clauses, or by referring to the notion of administrative contracts where the host country’s legal system considers a concession agreement as an administrative contract with the specific legal regime of rights and obligations attributed so such contracts.
Concession Contract. The Seller has delivered to the Purchaser a true and correct copy of the Concession Contract for the Management, Operation, Maintenance and Related Services of the Gaming Houses of the Provincial Casino in the Cities of Neuquen and San Martin de Los Andes dated Decemxxx 00, 1994 (the "Concession Contract") with respect to the operation of the Company's casinos located in San Martin de Los Andes and Neuqxxx, Xrgentina (collectively, the "Casinos"). The Concession Contract has been duly executed by the Company, is currently in effect, is valid and binding upon the parties thereto and is enforceable in all material respects in accordance with its terms. Neither the Company nor the Seller is aware of any facts that would prevent the performance of the Concession Contract. The Company is not in default under the Concession Contract and no claim of default been asserted by the Province of Neuquen. The Company has committed no act and there has been no omission which will result in the breach by it of the Concession Contract. 3.
