Common use of Realisation of Debt Due Clause in Contracts

Realisation of Debt Due. The Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders’ Representative is entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination of the Concession Agreement. For realisation of the Debt Due, the Lenders’ Representative shall be entitled to make its claim from the Escrow Account in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 5 contracts

Samples: Draft Concession Agreement, Model] Substitution Agreement, Escrow Agreement

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Realisation of Debt Due. The Concessioning Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders/Lenders’ Representative is are entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination termination of the Concession Agreement. For realisation Realisation of the Debt DueDues, the Lenders/Xxxxxxx’ Representative shall be entitled to make its it claim from the Escrow Account escrow account, if any, in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 2 contracts

Samples: Substitution Agreement, Concession Agreement

Realisation of Debt Due. The Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders’ Lenders‟ Representative is entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination of the Concession Agreement. For realisation of the Debt Due, the Lenders’ Lenders‟ Representative shall be entitled to make its claim from the Escrow Account in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Realisation of Debt Due. The Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders’ Lenders‟ Representative is entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination of the Concession Agreement. For realisation of the Debt Due, the Lenders’ Representative shall be entitled to make its claim from the Escrow Account in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 1 contract

Samples: Substitution Agreement

Realisation of Debt Due. The Concessioning Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders’ Representative is Lenders are entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination termination of the Concession Agreement. For realisation of the Debt Due, the Lenders’ Representative shall be entitled to make its claim from the Escrow Account in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 1 contract

Samples: Concession Agreement

Realisation of Debt Due. The Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders’ Representative is entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination of the Concession Agreement. For realisation of the Debt Due, the Lenders’ Representative shall be entitled to make its claim from the Escrow Account in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 1 contract

Samples: Draft Concession Agreement

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Realisation of Debt Due. The Authority and the Concessionaire Contractor hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders’ Representative is entitled to receive from the ConcessionaireContractor, without any further reference to or consent of the ConcessionaireContractor, the Debt Due upon Termination of the Concession Contract Agreement. For realisation of the Debt Due, the Lenders’ Representative shall be entitled to make its claim from the Escrow Account in accordance with the provisions of the Concession Contract Agreement and the Escrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement

Realisation of Debt Due. The Concessioning Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders/Xxxxxxx’ Representative is are entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination termination of the Concession Agreement. For realisation Realisation of the Debt DueDues, the Lenders/Xxxxxxx’ Representative shall be entitled to make its it claim from the Escrow Account escrow account, if any, in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 1 contract

Samples: Substitution Agreement

Realisation of Debt Due. The Authority and the Concessionaire hereby acknowledge and agree that, without prejudice to their any other right or remedy, the Lenders' Representative is entitled to receive from the Concessionaire, without any further reference to or consent of the Concessionaire, the Debt Due upon Termination of the Concession Agreement. For realisation of the Debt Due, the Lenders’ Representative shall be entitled to make its claim from the Escrow Account in accordance with the provisions of the Concession Agreement and the Escrow Agreement.

Appears in 1 contract

Samples: Concession Agreement

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