Annual Concession Fee definition

Annual Concession Fee means the fee as defined in Article 5.1 of the Concession Agreement.
Sample 1Sample 2Sample 3
Annual Concession Fee shall have the meaning ascribed to it in Article 2.9.1.
Sample 1Sample 2Sample 3
Annual Concession Fee or “ACF” means as described in Article 19.4 of this Agreement.
Sample 1Sample 2Sample 3

Examples of Annual Concession Fee in a sentence

  • CONSSESION FEE Annual Concession Fee In Consideration of the grant of Concession, the Concessionaire shall, commencing from the Commercial Operation Date (COD), pay to the Authority, by way of concession fee (the “Annual Concession Fee”) of Rs. _____________ (Rupees _______________only) per year, which will be an amount as quoted by the Selected Bidder in its final offer at the Request for Proposal stage and approved by the Authority..

  • In the event of delay beyond such period, the Concessionaire shall pay interest for the period of delay, calculated at the rate specified in Clause 40.4. The Annual Concession Fee shall be increased by 3% (three percent) every 3 (three) years over and above the last payable amount.

  • Mechanism of Payment The payment of this Annual Concession Fee shall be through the Escrow Account as per Article 24 of this Agreement.

  • Thereafter, the Annual Concession Fee payment shall be due and payable by the Concessionaire to the Authority every year on the anniversary of the COD.

  • CONSSESION FEE 79 22.1 Annual Concession Fee 79 22.2 Mechanism of Payment 79 ARTICLE 23.


More Definitions of Annual Concession Fee

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;
Sample 1Sample 2Sample 3
Annual Concession Fee. (Annuity) means the fee as defined in Article 5.1 of the Concession Agreement.
Sample 1Sample 2Sample 3
Annual Concession Fee shall have the meaning set forth in Clause 4.1.1.
Sample 1Sample 2
Annual Concession Fee means the fee as defined in Article 5.1 of the Concession Agreement. HPIDB Website-12.03.2021
Sample 1
Annual Concession Fee means the fee as defined in Article 5.1 of the Operation, Management and Maintenance Agreement.
Sample 1Sample 2
Annual Concession Fee shall have the meaning set forth in Clause 4.1.1. “Allied Actives” shall be operation of food stall, fast food, ice cream parlour, snacks and other similar activities
Sample 1
Annual Concession Fee shall have the meaning set forth in Clause Annual Concession Fees20.2;
Sample 1