Concession Assets definition

Concession Assets means the property, rights and liabilities designated as such pursuant to paragraph 1 of Schedule 17.5 (Designation of Concession Assets) 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 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;

Examples of Concession Assets in a sentence

• Concession intangible assets comprise Expressway Development Expenditure ("EDE"), Capital Work-In-Progress, Concession rights and Other Concession Assets.

• The Concessionaire shall be obligated, in the terms established in the Applicable Laws and Provisions, to pay all taxes, contributions, and fees, that apply, among others, to the Concession Assets or those that form part of or are incorporated into the Concession, whether said taxes are levied by the national, regional, or municipal government, provided said taxes, contributions, and fees are directly tied to the exercise of the activities by virtue of the Contract.

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

• The Concession Assets whose use is essential for the service provision and allows the provision of power transmission and distribution services by third parties, as set out in the Applicable Laws and Regulations.

• Regardless of the value set out for tax purposes or any other end, in this Contract, “book value” refers to the book value of the Concession Assets expressed in dollars (according to the audited Financial Statements prepared in accordance with the standards and principles generally accepted in Peru), the net of depreciations and amortizations accrued at the time of the calculation.

More Definitions of Concession Assets

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 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 the assets of the KCRC System to be used by

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;

Concession Assets means and includes all tangible and intangible assets of the Project Site, the Project Highway, Project Highway Section 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 Highway, 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, bridges, approaches to bridges, roads, drainage works, lighting facilities, traffic signals, sign boards, milestones, equipment relating to regulation of traffic, road furniture, electrical works for lighting on the intersections and toll plazas, Interchanges, toll plaza, toll control building, toll gates, weighbridges, the Project Facilities and / or the Project Site, telephone and other communication systems and communication equipment for the Project, wayside amenities, administration maintenance facilities, equipment, vehicles etc. on the Project Highway and the Project Facilities situated on the Project Site; Concession Direct Agreement means the direct agreement that may be entered into between the Concessionaire, the Authority 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 shall have the meaning ascribed thereto in the Preamble; Concessionaire Authorized Representative shall have the meaning ascribed thereto in Section 7.4.1; Concessionaire Engaged Persons means the each of the Concessionaire’s representatives (including the Concessionaire Authorized Representative and the Concessionaire Project Engineer), agents, executives, contractors, employees, subcontractors, vendors, suppliers, parties with whom it has entered into the Project Agreements, Contractors and other personnel, in each case, that are engaged, hired, appointed, contracted (directly or indirectly) by the Concessionaire for the performance of Project Works or any part thereof; Concessionaire Indemnified Persons shall have the meaning ascribed thereto in Section 9.1.2; Concessionaire Perm...

Concession Assets. The real estate described in Section 2.1.2 hereof.

Concession Assets means the property, rights and liabilities designated as such pursuant to Clause 32 but excluding such property, rights or liabilities as may, in accordance with the terms of, or by an amendment made to, this Agreement, cease to be so designated.