Depreciation. For the purpose of depreciation under the Applicable Laws, the property representing the capital investments made by the Concessionaire in the Project shall be deemed to be acquired and owned by the Concessionaire.
Appears in 8 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Depreciation. For the purpose purposes of depreciation under the Applicable Laws, the property representing the capital investments investment made by the Concessionaire in the Project shall be deemed to be acquired and owned by the Concessionaire. For the avoidance of doubt, the Authority shall not in any manner be liable in respect of any claims for depreciation to be made by the Concessionaire under Applicable Laws.
Appears in 5 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Depreciation. For the purpose purposes of depreciation under the Applicable Laws, the property representing the capital investments investment made by the Concessionaire in the Project shall be deemed to be acquired and owned by the Concessionaire. For the avoidance of doubt, the Authority shall not in any manner be liable in respect of any claims for depreciation to be made by the Concessionaire under the Applicable Laws.
Appears in 5 contracts
Samples: Concession Agreement, Concession Agreement, Public Private Partnership Agreement
Depreciation. For the purpose of depreciation under the Applicable Laws, the property representing the capital investments made by the Concessionaire Licensee in the Project shall be deemed to be acquired and owned by the Concessionaire.Licensee
Appears in 1 contract
Samples: License Agreement
Depreciation. For the purpose of depreciation under the Applicable Laws, the The property representing the capital investments made by the Concessionaire in the Project shall be deemed to be acquired and owned by the ConcessionaireConcessionaire for the purpose of claiming the benefits of depreciation under the relevant Income Tax Act.
Appears in 1 contract
Samples: Concession Agreement
Depreciation. For the purpose of depreciation under the Applicable Laws, the property representing the capital investments made by the Concessionaire Licensee in the Project shall be deemed to be acquired and owned by the ConcessionaireLicensee.
Appears in 1 contract
Samples: License Agreement
Depreciation. For the purpose of depreciation under the Applicable Laws, the property representing the capital investments made by the Concessionaire in the Project shall be deemed to be acquired and owned by the Concessionaire.
Appears in 1 contract
Samples: Concession Agreement
