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.
Appears in 3 contracts
Samples: Model] Substitution Agreement, Substitution Agreement, Concession Agreement
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 License Agreement forthwith in accordance with the provisions thereof.
Appears in 1 contract
Samples: Format for Escrow Agreement
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 3.3.2days, the Authority may terminate the Concession Agreement forthwith in accordance with the provisions thereof.
Appears in 1 contract
Samples: Draft Concession Agreement
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 Lease Agreement forthwith in accordance with the provisions thereofthereof or itself take over the balance of the Project in its absolute discretion and the Lenders’ Representative or the Lessee shall have no objection in this regard.
Appears in 1 contract
Samples: Substitution Agreement
