Common use of Grant of Concession Clause in Contracts

Grant of Concession. Subject to and in accordance with the terms and covenants set forth in this Agreement, the Concessioning Authority hereby grants and authorises the Concessionaire to design, engineer, finance, construct, operate and maintain the Project and to exercise and/ or enjoy the rights, powers, benefits, privileges, authorisations and entitlements as set forth in this Agreement. “Concession”.

Grant of Concession. Subject to and in accordance with the terms and covenants conditions set forth in this Agreement, the Concessioning Authority hereby grants and authorises authorizes the Concessionaire to investigate, study, design, engineer, procure, finance, construct, operate and maintain the Project Facilities and to exercise and/ and / or enjoy the rights, powers, benefits, privileges, authorisations authorizations and entitlements as set forth in this Agreement. Agreement (“the Concession”).

Grant of Concession. ‌ Subject to and in accordance with the terms and covenants conditions set forth out in this Agreement, the Concessioning Authority hereby irrevocably grants to the Concessionaire, and authorises the Concessionaire hereby accepts exclusive right and authority, during the Concession Period, to investigate, study, design, engineer, procure, finance, construct, install, commission, operate and maintain the Project and to exercise and/ and / or enjoy the rights, powers, benefits, privileges, authorisations authorizations and entitlements as set forth in granted under this Agreement. “Concession”.

Grant of Concession. Subject to and in accordance with the terms and covenants conditions set forth in this Agreement, the Concessioning Concessioneering Authority hereby grants and authorises authorizes the Concessionaire to design, engineer, finance, construct, operate Operate and maintain the Project Facilities and to exercise and/ and / or enjoy the rights, powers, benefits, privileges, authorisations authorizations and entitlements as set forth in this Agreement. Agreement (“the Concession”).

Grant of Concession. Subject to and in accordance with the terms and covenants set forth in this Agreement, the Concessioning Authority hereby grants and authorises authorizes the Concessionaire to design, engineer, financeprocure, constructfinance and construct the Project Facility, to operate and maintain the Project Facility and to exercise and/ or enjoy the rights, powers, benefits, privileges, authorisations authorizations and entitlements as set forth in this Agreement. , (the “Concession”).