Termination when no Nominated Company is selected. In the event that no Nominated Company acceptable to the Authority is selected and recommended by the Lenders' Representative within the period of 180 (one hundred and eighty) days or any extension thereof as set forth in Clause 3.3.2, the Authority may terminate the Concession Agreement forthwith in accordance with the provisions thereof.
Termination when no Nominated Company is selected. In the event that no Nominated Company acceptable to the Railway Administration is selected and recommended by the Lenders’ Representative within the period of 180 (one hundred and eighty) days or any extension thereof as set forth herein, the Railway Administration may terminate the Concession Agreement forthwith in accordance with the provisions thereof.