Common use of Rights of substitution Clause in Contracts

Rights of substitution. 3.1.1. Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ Representative shall be entitled to substitute the Concessionaire by a Nominated Company under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. The Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company selected by the Lenders’ Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. 3.1.1 Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ Representative shall be entitled to substitute the Concessionaire by a Nominated Company under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 3.1.2 The Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour favor of the Nominated Company selected by the Lenders’ Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. 3.1.1 Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ Representative Lenders shall be entitled to substitute the Concessionaire by a Nominated Company Selectee under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 3.1.2 The Concessioning Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company Selectee selected by the Lenders’ Lenders/ Xxxxxx’s Representative in accordance with this Agreement. Agreement (For the avoidance of doubt, the Senior Lenders or the Lenders’ Lenders/ Xxxxxx’s Representative shall not be entitled to operate and maintain the Project/Project as Concessionaire Facilities and Services either individually or collectively).

Rights of substitution. 3.1.1. 3.1.1 Pursuant to the rights, title and interest assigned under Clause Article 2.1, the Lenders’ ' Representative shall be entitled to substitute the Concessionaire by a Nominated Company Substitute Entity under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 3.1.2 The Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company Substitute Entity selected by the Lenders’ ' Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ ' Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. 3.1.1 Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ Representative shall be entitled to substitute the Concessionaire by a Nominated Company under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 3.1.2 The Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company selected by the Lenders’ Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. 3.1.1 Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ Lenders‟ Representative shall be entitled to substitute the Concessionaire by a Nominated Company under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 3.1.2 The Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company selected by the Lenders’ Lenders‟ Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ Lenders‟ Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. 1.1.1 Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ Representative Lenders shall be entitled to substitute the Concessionaire by a Nominated Company Selectee under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 1.1.2 The Concessioning Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company Selectee selected by the Lenders’ Lenders/ Xxxxxx’s Representative in accordance with this Agreement. Agreement (For the avoidance of doubt, the Senior Lenders or the Lenders’ Lenders/ Xxxxxx’s Representative shall not be entitled to operate and maintain the Project/Project as Concessionaire Facilities and Services either individually or collectively).

Rights of substitution. 3.1.1. 3.1.1 Pursuant to the rights, title and interest assigned under Clause 2.12, the Lenders’ Representative shall be entitled to substitute the Concessionaire by a Nominated Company under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 3.1.2 The Concessioning Authority hereby xxxxxx agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company selected by the Lenders’ Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. 3.1.1 Pursuant to the rights, title and interest assigned under Clause Article 2.1, the Lenders’ ' Representative shall be entitled to substitute the Concessionaire by a Nominated Company Substitute Entity under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. 3.1.2 The Authority AMC hereby agrees agree to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company Substitute Entity selected by the Lenders’ ' Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ ' Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. (a) Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ ' Representative shall be entitled to substitute the Concessionaire by a Nominated Company under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. (b) The Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour of the Nominated Company selected by the Lenders’ ' Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ ' Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).

Rights of substitution. 3.1.1. Pursuant to the rights, title and interest assigned under Clause 2.1, the Lenders’ Representative shall be entitled to substitute the Concessionaire by a Nominated Company under and in accordance with the provisions of this Agreement and the Concession Agreement. 3.1.2. The Authority hereby agrees to substitute the Concessionaire by endorsement on the Concession Agreement in favour favor of the Nominated Company selected by the Lenders’ Representative in accordance with this Agreement. (For the avoidance of doubt, the Senior Lenders or the Lenders’ Representative shall not be entitled to operate and maintain the Project as Concessionaire either individually or collectively).