Grant of Operating Phase Licence. (a) (Operating Phase Licence term): Subject to Commercial Acceptance having occurred, the State will procure the grant of the Operating Phase Licence to the Operator: (i) for a term which will: (A) commence on the Operational Commencement Date; and (B) end on the Expiry Date; and (ii) be on the terms and conditions set out in Schedule 14 (Operating Phase Licence).
Appears in 2 contracts
Samples: Perth Stadium Project Operator Agreement, Perth Stadium Project Operator Agreement
Grant of Operating Phase Licence.
(a) (Operating Phase Licence termTerm): Subject to Stage 1 Commercial Acceptance having occurred, the State will procure the grant of the Operating Phase Licence to the OperatorProject Co:
(i) for a term which will:
(A) : A. commence on the Operational Commencement Date; and
(B) end on the Expiry Date; and
(ii) be on the terms and conditions set out in Schedule 14 (Operating Phase Licence).
Appears in 1 contract
Samples: Project Agreement
Grant of Operating Phase Licence.
(a) (Operating Phase Licence termTerm): Subject to Commercial Acceptance having occurred, the State will procure the grant of the Operating Phase Licence to the OperatorProject Co:
(i) for a term which will:
(A) commence on the Operational Commencement Date; and
(B) end on the Expiry Date; and
(ii) be on the terms and conditions set out in Schedule 14 20 (Operating Phase Licence).
Appears in 1 contract
Samples: Design, Build, Finance and Maintain (Dbfm) Project Agreement