Concession Assets definition

Concession Assets means the property, rights and liabilities designated as such pursuant to paragraph 1 (Concession Assets) of Schedule 18.2 (Restrictions on dealings) but excluding such property, rights or liabilities as shall, in accordance with the terms of this Agreement, cease to be so designated;
Concession Assets means collectively, the Existing Concession Assets and the New Concession Assets or, if the context is appropriate, any one of them;
Concession Assets means all assets of the Port included in the Perimeter and on which a right of concession is granted to the Company under this Agreement and which are described in Annex 1 and 12;

Examples of Concession Assets in a sentence

  • All assets owned by the CONCESSIONAIRE that do not qualify as Concession Assets and that are at its free disposal.

  • All assets owned by the Concession Holder that do not qualify as Concession Assets and that are at its free disposal.

  • Said inventory shall contain the valuation of the Concession Assets according to the audited Financial Statements.

  • The Concessionaire shall hold the Grantor harmless with regard to any action or challenge of a legal, administrative, arbitral, or contractual nature, or any claim of any nature with regard to the Concession Assets or the provision of the Service, except in the event that the damages or harm are caused by the Grantor, its personnel, representatives, agents, or the Inspector.

  • Will be used solely for financing Concession Assets or as working capital for exploitation of Concession Assets, as well as for building, equipping and operating the Concession.


More Definitions of Concession Assets

Concession Assets means the assets of the KCRC System to be used by MergeCo to provide the KCRC Services including the assets of the KCRC Railway, the TSA Buses and the assets of the KCRC Related Businesses;
Concession Assets means collectively the Existing Assets and the New Assets subsequent to the Council making them available to the Concessionaire in terms of this Contract or, if the context is appropriate any one of them;
Concession Assets means the assets of the KCRC System to be used by
Concession Assets. ' means rail infrastructure and other fixed and move- able equipment, rolling stock and other vehicles used in connection with the movement of railway trains by a person to whom powers of
Concession Assets. The real estate described in Section 2.1.2 hereof.
Concession Assets means and includes all tangible and intangible assets of the Concession Assets Project Site, the Project Expressway, the Toll Plazas and the Project Facilities and all rights, title, benefits, facilities and easements, whether directly and / or indirectly related thereto, relating to and forming part of the Project including (only to the extent of the Project Expressway, the Project Site and the Project Facilities) but not limited to (a) rights over the Project Site in the form of Licence, right of way or otherwise, (b) tangible assets such as civil works including foundations, embankments, pavements, road surface, interchanges, bridges, approaches to bridges and flyovers, roads over-bridges, drainage works, lighting facilities, traffic signals, sign boards, milestones, equipment relating to regulation of traffic, road furniture, electrical works for lighting on the Project Expressway, toll plazas, toll gates, the Project Facilities and/or the Project Site, telephone and other communication systems and communication equipment for the Project, wayside amenities, administration maintenance facilities, relief centers, equipment, vehicles etc. on the Project Expressway and the Project Facilities, and (c) the Project Facilities situated on the Project Site; Concession Assets Project Site means such part of the Project Site on which the Concession Assets are situated and on which the Concession Assets shall be located in terms of this Agreement; Concession Direct Agreement means the direct agreement that may be entered into between the Concessionaire, the GoS and the Financiers, if required by the Financiers; Concession Period means, in respect of the Concession and the Concession Assets, the period commencing on the Commencement Date (provided, however, that the Concession Period in respect of the Preliminary Works (if any) shall commence on the Effective Date) and ending on the Trigger Date; Concessionaire Authorized Representative shall have the meaning ascribed thereto in Section 7.4.1; Concessionaire Conditions Precedent shall have the meaning ascribed thereto in Section Concessionaire Default Termination Amount shall have the meaning ascribed thereto in
Concession Assets means the Moveable Assets, and the Intellectual and Industrial Property Rights;