Termination due to Concessionaire Event of Default. If the termination is after the Commercial Operation Date, due to a Concessionaire Event of Default, the compensation payable by the Concessioning Authority to the Concessionaire shall be the lowest of:
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Termination due to Concessionaire Event of Default. If the termination is after the Date of Commercial Operation DateOperation, due to a Concessionaire Event of Default, the compensation payable by the Concessioning Authority to the Concessionaire shall be the lowest of:
Appears in 1 contract
Termination due to Concessionaire Event of Default. If the termination is after the Date of Commercial Operation DateOperation, due to a Concessionaire Event of Default, the compensation payable by the Concessioning Authority to the Concessionaire shall be the lowest of:
(i) the Book Value;
(ii) 90% (ninety percent) of Debt Due;
Appears in 1 contract
Samples: Concession Agreement
Termination due to Concessionaire Event of Default. If the termination is after the Date of Commercial Operation DateOperation, due to a Concessionaire Event of Default, the compensation payable by the Concessioning Authority to the Concessionaire shall be the lowest of:
i. the Book Value;
Appears in 1 contract
Samples: Concession Agreement
