Common use of RIGHTS OF THE AUTHORITY ON TERMINATION AND/OR FINAL EXPIRY DATE Clause in Contracts

RIGHTS OF THE AUTHORITY ON TERMINATION AND/OR FINAL EXPIRY DATE. 16.5.1 In case of Termination of this Agreement for any reason whatsoever and subject to receipt by the Operator of the Termination Payment on or prior to the Transfer Date or in case of expiry of this Agreement on the Expiry Date, the Authority shall, on the Transfer Date, have the power and authority to:

Appears in 8 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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RIGHTS OF THE AUTHORITY ON TERMINATION AND/OR FINAL EXPIRY DATE. 16.5.1 17.5.1 In case of Termination of this Agreement Contract for any reason whatsoever and subject to receipt by the Operator Concessionaire of the Termination Payment Compensation (if applicable) on or prior to the Transfer Date or in case of expiry of this Agreement Contract on the Expiry Date, the Authority Implementing Agencies shall, on the Transfer Date, have the power and authority to:

Appears in 1 contract

Samples: Operations and Management Contract

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