Termination for Concessionaire Default. 21.1.1. Without prejudice to any other rights or remedies which the Authority may have under this Agreement, upon occurrence of a Concessionaire Default and failure of the Concessionaire to cure the Concessionaire Default within the Cure Period, the Authority shall be entitled to terminate this Agreement by issuing a Termination Notice to the Concessionaire. The Termination under this Article shall be effective 7 days from the issue of Termination Notice (“Termination Date”).
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Termination for Concessionaire Default. 21.1.1. Without prejudice to any other rights or remedies which the Authority may have under this Agreement, upon occurrence of a Concessionaire Default and failure of the Concessionaire to cure the Concessionaire Default within the Cure Period, the Authority shall be entitled to terminate this Agreement by issuing a Termination Notice to the Concessionaire. The Termination under this Article shall be effective 7 days from the issue of Termination Notice (“Termination Date”).
Appears in 1 contract
Samples: Concession Agreement
