Common use of Minimum Participation Clause in Contracts

Minimum Participation. Equity stake or ownership interest with voting rights that the Qualified Operator shall have and maintain in the Concession Holder’s capital stock, amounting to twenty-five percent (25%) of the Concession Holder’s capital stock subscribed and paid for, during the period of time stipulated in the Contract.

Appears in 4 contracts

Samples: SGT Concession Contract, SGT Concession Contract, SGT Concession Contract

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Minimum Participation. Equity stake or ownership interest with voting rights that the Qualified Operator shall have and maintain in the Concession HolderCONCESSIONAIRE’s capital stock, amounting to twenty-five percent (25%) of the Concession HolderCONCESSIONAIRE’s subscribed and paid-in capital stock subscribed and paid for, during the period of time stipulated in the Contract.

Appears in 4 contracts

Samples: STS Concession Contract, STS Concession Contract, STS Concession Contract

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