PRIVATE ASSETS OF CONCESSIONAIRE. Any asset that is not an Airport Asset and which is acquired, constructed, installed, created and/or financed by the CONCESSIONAIRE notwithstanding whether it is a real estate (and is not located in the Object of concession) or a movable and which is not necessary for performance of Airport Services and is not public state property by accession to the immovable airport assets (all such assets called hereinafter “Private assets of the CONCESSIONAIRE”) shall remain property of the CONCESSIONAIRE. At termination of the present Concession Agreement the GRANTOR OF CONCESSION shall not be entitled to acquire any of these assets except upon mutual agreement of the Parties in conformity to the provisions of the present Concession Agreement. In case of termination of the Agreement, the CONCESSIONAIRE shall be obliged on his own account to clear the Airport territory from the Assets of CONCESSIONAIRE and from the Private Assets of CONCESSIONAIRE in term of one months as from the date of termination, except if the Parties agree otherwise.
PRIVATE ASSETS OF CONCESSIONAIRE. In case of termination of the present Concession Agreement the CONCESSIONAIRE in term of 30 (thirty) calendar days as from the date of termination shall remove and assure clearing of all his Private assets under art. 4.5 from the Airport and of the Assets – property of CONCESSIONAIRE under art. 4.4 that the GRANTOR OF CONCESSION does not want to buy. SECTIONXI – MISCELLANEOUS
