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