Annual Concession Fee definition
Annual Concession Fee means the fee as defined in Article 5.1 of the Concession Agreement.
Annual Concession Fee shall have the meaning ascribed to it in Article 2.9.1.
Annual Concession Fee shall have the meaning set forth in Clause 20.2; “Appendix” shall have the meaning set forth in Clause 10.2.1;
Examples of Annual Concession Fee in a sentence
In order to guarantee the timely payment of the Annual Concession Fee, Company must remit to the City within ten business days prior to the Date of Beneficial Occupancy, a security deposit equal to one-fourth (1/4) of the Company’s Minimum Annual Guarantee Fee, pursuant to this Agreement (“Security Deposit”).
Commencing on the Date of Beneficial Occupancy, Company covenants and agrees for each year of the term of this Agreement to pay an Annual Concession Fee which shall consist of either (A) the Minimum Annual Guarantee which will equal eighty (80%) of the total percentage fee revenues paid by Company to the City in the preceding year.
More Definitions of Annual Concession Fee
Annual Concession Fee or “ACF” means as described in Article 19.4 of this Agreement.
Annual Concession Fee means the fee of Rs.
Annual Concession Fee shall have the meaning set forth in Clause 4.1.1.
Annual Concession Fee. (Annuity) means the fee as defined in Article 5.1 of the Concession Agreement.
Annual Concession Fee means as defined under Article 7.1
Annual Concession Fee means the fee as defined in Article 5.1 of the Operation, Management and Maintenance Agreement.
Annual Concession Fee means the “Revenue share percentage” Agreed by Concessionaireand AUTHORITY and payable by the Concessionaire to AUTHORITY for each year of the Agreement period which shall be paid in accordance with the Agreement.