Termination due to Concessioning Authority Event of Default. If the termination is due to a Concessioning Authority Event of Default, the Termination Payment payable by the Concessioning Authority shall be equal to the aggregate of: (i) Debt Due less Insurance Cover; (ii) 150% of the Adjusted Equity; and (iii) 115% of the amount representing the Additional Termination Payment
Appears in 4 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Termination due to Concessioning Authority Event of Default. If the termination is due to a Concessioning Authority Event of Default, the Termination Payment compensation payable by the Concessioning Authority shall be equal to the aggregate of:
of (i) Debt Due less Insurance Cover;
plus (ii) 150% of the Adjusted (one hundred and fifty percent) Equity; and
(iii) 115% of the amount representing the Additional Termination Payment.
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Termination due to Concessioning Authority Event of Default. If the termination is due to a Concessioning Authority Event of Default, the Termination Payment compensation payable by the Concessioning Authority shall be equal to the aggregate of:
of (i) Debt Due less Insurance Cover;
plus (ii) 150% of the Adjusted Equity; and
(one hundred and fifty percent) Equity (iii) 115% (one hundred and fifteen per cent) of the amount representing the Additional Termination Payment.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Termination due to Concessioning Authority Event of Default. If the termination is due to a Concessioning Authority Event of Default, the Termination Payment compensation payable by the Concessioning Authority shall be equal to the aggregate of:
(i) Debt Due less Insurance Cover;plus
(iii) 150% of the Adjusted (one hundred and fifty percent) Equity; and
(iii) 115% of the amount representing the Additional Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
Termination due to Concessioning Authority Event of Default. If the termination is due to a Concessioning Authority Event of Default, the Termination Payment compensation payable by the Concessioning Authority shall be equal to the aggregate of:
(i) Debt Due less Insurance Cover;
plus (ii) 150% of the Adjusted (one hundred and fifty percent) Equity; and
(iii) 115% of the amount representing the Additional Termination Payment.
Appears in 1 contract
Samples: Concession Agreement
