Common use of Status of Concession Clause in Contracts

Status of Concession. (a) The Concession Title is in full force and effect and no proceeding or, to the best knowledge of the Borrower, investigation seeking the termination or revocation of the Concession Title has been initiated pursuant to a notice sent to the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Kansas City Southern), Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.), Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.)

AutoNDA by SimpleDocs

Status of Concession. (a) The Concession Title is in full force and effect and no proceeding or, to the best knowledge of the Borrower, investigation seeking the termination or revocation of the Concession Title has been initiated pursuant to a notice sent to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Kansas City Southern), Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.