DRAFT CONCESSION AGREEMENTConcession Agreement • November 1st, 2023
Contract Type FiledNovember 1st, 2023Contents PART I Preliminary Concession Agreement 1 Definitions and Interpretation 1.1 Definitions 1.2 Interpretation 1.3 Measurements and arithmetic conventions 1.4 Priority of agreements, clauses and schedules PART II The Concession 2 Scope of the Project 2.1 Scope of the Project 3 Grant of Concession 3.1 The Concession 4 Conditions Precedent 4.1 Conditions Precedent 4.2 Damages for delay by the Authority 4.3 Damages for delay by the Concessionaire 4.4 Commencement of Concession Period 4.5 Deemed termination upon delay 5 Obligations of the Concessionaire 5.1 Obligations of the Concessionaire 5.2 Obligations relating to Project Agreements 5.3 Obligations relating to Change in Ownership 5.4 Obligations relating to employment of foreign nationals