Common use of Grant of rights to Concessionaire Clause in Contracts

Grant of rights to Concessionaire. a. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Applicable Laws and Applicable Permits, the Concessioning Authority hereby authorises the Concessionaire to invest, finance, design, engineer, construct, equip, commission, operate, market, maintain and manage the Project during the Term of this Agreement . b. For the purpose of implementing the Project, Concessioning Authority inter alia grants to the Concessionaire all the rights, powers, benefits, privileges, authorisations and entitlements, to utilise the Project Site for the purposes of the Project, and to further undertake the development, construction and improvement therein or thereon, as may be necessary or appropriate to manage the Project and the right to demand and collect User Charges from the Users of the Project / Project Site in accordance with the provision s of this Agreement. c. Subject to the terms of this Agreement and other relevant provisions under Applicable Laws, the Concessionaire shall have the right to enter into agreements with such Persons, as it may deem necessary and appropriate, for performing its obligations under this Agreement. d. The Concessionaire may create an Encumbrance, with respect to its rights, in favour of Senior Lenders, only during the Concession Period strictly as per the provisions of Article 9 and 11.1(c), in part or whole, in ac cordance with the terms of this Agreement. Provided that the Concessionaire shall provide written intimation to the Concessioning Authority alongwith relevant records of the encumbrance(s) created, which shall be in strict compliance with the provisions of Article 11.1 (c). e. During the Concession Period, the Concessionaire shall have exclusive authority to develop, implement, operate the Project and in accordance with the provisions of this Agreement.

Grant of rights to Concessionaire. a. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Applicable Laws and Applicable Permits, the Concessioning Authority hereby authorises the Concessionaire to invest, finance, design, engineer, construct, upgrade, equip, commission, operate, market, maintain and manage the Project during the Term of this Agreement / Lease Period. b. For the purpose of implementing the Project, the Concessioning Authority inter alia grants to the Concessionaire all the rights, powers, benefits, privileges, authorisations and entitlements, to utilise the Project Site for the purposes of the Project, and to further undertake the development, construction and improvement therein or thereon, as may be necessary or appropriate to manage the Project and the right to demand and collect User Charges from the Users of the Project / Project/ Project Site in accordance with the provision s provisions of this Agreement. c. Subject to the terms of this Agreement and other relevant provisions under Applicable Laws, the Concessionaire shall have the right to enter into agreements with such Persons, as it may deem necessary and appropriate, for performing its obligations under this Agreement. d. The Concessionaire may create an Encumbranceencumbrance, with respect to its rights, in favour of Senior Lenders, only during the Concession Lease Period strictly as per the provisions of Article 9 and 11.1(c)& 10.1, in part or whole, in ac cordance accordance with the terms of this Agreement. Provided that the Concessionaire shall provide written intimation to the Concessioning Authority alongwith along with relevant records of the encumbrance(s) created, which shall be in strict compliance with the provisions of Article 11.1 (c)10.1. e. During the Concession Lease Period, the Concessionaire shall have exclusive authority to develop, implement, operate the Project and in accordance with the provisions of this Agreement.

Grant of rights to Concessionaire. a. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Applicable Laws and Applicable Permits, the Concessioning Authority hereby authorises the Concessionaire to invest, finance, design, engineer, construct, equip, commission, operate, market, maintain and manage the Project during the Term of this Agreement . b. For the purpose of implementing the Project, Concessioning Authority inter alia grants to the Concessionaire all the rights, powers, benefits, privileges, authorisations and entitlements, to utilise the Project Site for the purposes of the Project, and to further undertake the development, construction and improvement therein or thereon, as may be necessary or appropriate to manage the Project and the right to demand and collect User Charges from the Users of the Project / Project Site in accordance with the provision s of provisions o f this Agreement. c. Subject to the terms of this Agreement and other relevant provisions under Applicable Laws, the Concessionaire shall have the right to enter into agreements with such Persons, as it may deem necessary and appropriate, for performing its obligations under this Agreement. d. The Concessionaire may create an Encumbrance, with respect to its rights, in favour of Senior Lenders, only during the Concession Period strictly as per the provisions of Article 9 and 11.1(c), in part or whole, in ac cordance accor dance with the terms of this Agreement. Provided that the Concessionaire shall provide written intimation to the Concessioning Authority alongwith relevant records of the encumbrance(s) created, which shall be in strict compliance with the provisions of Article Ar ticle 11.1 (c). e. During the Concession Period, the Concessionaire shall have exclusive authority to develop, implement, operate the Project and in accordance with the provisions of this Agreement.

Grant of rights to Concessionaire. a. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Applicable Laws and Applicable Permits, the Concessioning Authority hereby authorises the Concessionaire to invest, finance, design, engineer, construct, upgrade, equip, commission, operate, market, maintain and manage the Project during the Term of this Agreement / Lease Period. b. For the purpose of implementing the Project, the Concessioning Authority inter alia grants to the Concessionaire all the rights, powers, benefits, privileges, authorisations and entitlements, to utilise the Project Site for the purposes of the Project, and to further undertake the development, construction and improvement therein or thereon, as may be necessary or appropriate to manage the Project and the right to demand and collect User Charges from the Users of the Project / Project/ Project Site in accordance with the provision s provisions of this Agreement. c. Subject to the terms of this Agreement and other relevant provisions under Applicable Laws, the Concessionaire shall have the right to enter into agreements with such Persons, as it may deem necessary and appropriate, for performing its obligations under this Agreement. d. The Concessionaire may create an Encumbranceencumbrance, with respect to its rights, in favour of Senior Lenders, only during the Concession Lease Period strictly as per the provisions of Article 9 and 11.1(c)& 10.1, in part or whole, in ac cordance accordance with the terms of this Agreement. Provided that the Concessionaire shall provide written intimation to the Concessioning Authority alongwith relevant records of the encumbrance(s) created, which shall be in strict compliance with the provisions of Article 11.1 (c)10.1. e. During the Concession Lease Period, the Concessionaire shall have exclusive authority to develop, implement, operate the Project and in accordance with the provisions of this Agreement.

Grant of rights to Concessionaire. a. Subject to and in accordance with the terms and conditions set forth in this the Agreement, the Applicable Laws and Applicable Permits, the Concessioning Authority hereby authorises a uthorises the Concessionaire to invest, finance, design, engineer, construct, equip, commission, operate, market, maintain and manage the Project during the Term of this the Agreement . b. For the purpose of implementing the Project, Concessioning Authority inter i nter alia grants to the Concessionaire all the rights, powers, benefits, privileges, authorisations and entitlements, to utilise the Project Site for the purposes of the Project, and to further undertake the development, construction and improvement therein therei n or thereon, as may be necessary or appropriate to manage the Project and the right to demand and collect User Charges from the Users of the Project / Project Site in accordance with the provision s provisions of this the Agreement. c. Subject to the terms of this the Agreement and other relevant provisions under Applicable Laws, the Concessionaire shall have the right to enter into agreements with such Persons, as it may deem necessary and appropriate, for performing its obligations under this the Agreement. d. The Concessionaire may create an Encumbrance, with respect to its rights, in favour of Senior Lenders, only during the Concession Period strictly as per the provisions of Article 9 and 11.1(c), in part or whole, in ac cordance accordance with the terms of this the Agreement. Provided that the Concessionaire shall provide written intimation to the Concessioning Authority alongwith relevant records of the encumbrance(s) created, which shall be in strict compliance with the provisions of Article 11.1 (c). e. During the Concession Period, the Concessionaire shall have exclusive authority to develop, implement, operate the Project and in accordance with the provisions of this the Agreement.

Grant of rights to Concessionaire. a. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Applicable Laws and Applicable Permits, the Concessioning Authority hereby authorises the Concessionaire to invest, finance, design, engineer, construct, equip, commission, operate, market, maintain and manage the Project during the Term of this Agreement Agreement. b. For the purpose of implementing the Project, Concessioning Authority inter alia grants to the Concessionaire all the rights, powers, benefits, privileges, authorisations and entitlements, to utilise the Project Site for the purposes of the Project, and to further undertake the development, construction and improvement therein or thereon, as may be necessary or appropriate to manage the Project and the right to demand and collect User Charges from the Users of the Project / Project Site in accordance with the provision s provisions of this Agreement. c. Subject to the terms of this Agreement and other relevant provisions under Applicable Laws, the Concessionaire shall have the right to enter into agreements with such Persons, as it may deem necessary and appropriate, for performing its obligations under this Agreement. d. The Concessionaire may create an Encumbrance, with respect to its rightscharge on the rights of this Agreement, in favour of Senior Lenders, only during the Concession Period strictly as per the provisions of Article 9 and 11.1(c), in part or whole, in ac cordance accordance with the terms of this Agreement. Provided that the Concessionaire shall provide written intimation to the Concessioning Authority alongwith relevant records of the encumbrance(s) such charge created., which shall be in strict compliance with the provisions of Article 11.1 10.1 (c). e. During the Concession Period, the Concessionaire shall have exclusive authority to develop, implement, operate the Project and in accordance with the provisions of this Agreement.