Common use of Substitution upon occurrence of Concessionaire Default Clause in Contracts

Substitution upon occurrence of Concessionaire Default. 3.3.1. Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ time to the Lenders’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 4 contracts

Samples: Escrow Agreement, Draft Concession Agreement, Escrow Agreement

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Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ time to the Lenders’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 3 contracts

Samples: Escrow Agreement, Substitution Agreement, Substitution Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders’ Lenders‟ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ days‟ time to the Lenders’ Lenders‟ Representative to make a representation, representation stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Concessioning Authority shall by a notice inform the Lenders/Xxxxxxx’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ Days time to the Lenders/Xxxxxxx’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated CompanySelectee.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders' Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ days time to the Lenders' Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 2 contracts

Samples: Section 2, Concession Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 1.4.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ days time to the Lenders’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 1 contract

Samples: Draft Concession Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Concessioning Authority shall by a notice inform the Lenders/Lenders’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ Days time to the Lenders/Lenders’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated CompanySelectee.

Appears in 1 contract

Samples: Concession Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders’ Lenders‟ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ days‟ time to the Lenders’ Lenders‟ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 1 contract

Samples: Substitution Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ days time to the Lenders’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 1 contract

Samples: Leave and License Agreement

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Substitution upon occurrence of Concessionaire Default. 3.3.1. (a) Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders' Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ days time to the Lenders' Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 1 contract

Samples: Section 2

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days-time to the Lenders’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated Company.

Appears in 1 contract

Samples: Model] Substitution Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.9 Upon occurrence of a Concessionaire Default, the Concessioning Authority shall by a notice inform the Lenders/Xxxxxxx’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ Days time to the Lenders/Xxxxxxx’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated CompanySelectee.

Appears in 1 contract

Samples: Substitution Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 3.3.1 Upon occurrence of a Concessionaire Default, the Authority shall by a notice inform the Lenders' Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ time days to the Lenders' Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated CompanySubstitute Entity.

Appears in 1 contract

Samples: Concession Agreement

Substitution upon occurrence of Concessionaire Default. 3.3.1. 1.3.1 Upon occurrence of a Concessionaire Default, the Concessioning Authority shall by a notice inform the Lenders/Xxxxxxx’ Representative of its intention to issue a Termination Notice and grant 15 (fifteen) days’ Days time to the Lenders/Xxxxxxx’ Representative to make a representation, stating the intention to substitute the Concessionaire by a Nominated CompanySelectee.

Appears in 1 contract

Samples: Substitution Agreement

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