CONCESSION TRANSFER Sample Clauses

CONCESSION TRANSFER. This Contract can, with the written consent of the Contracting authority, be transferred on the third person in accordance with the paragraphs for the settlement of the secured creditor’s claim when the concession is under the lien in accordance with Article 74. of this Contract. Transfer of the concession contract cannot reduce the quality and undermine the continuity of the implementation of this Contract. Transfer of this Contract can be permitted in cases which are related to ownership acquisition over the Concessionaire after the implementation of restructuring process. Transfer of this contract can be carried out under the condition that third person fulfils the conditions of ability determined for the Concessionaire in the Concession documentation and in the Concession notice for concession award.