Concession Period definition

Concession Period means the period starting on and from the Appointed Date and ending on the Transfer Date;

Concession Period means the period of the Concession specified in Article 2.2 of this Agreement.

Concession Period shall have the meaning ascribed to it in under Article 2 of this Agreement.

Examples of Concession Period in a sentence

• The Authority shall appoint, no later than [90 (ninety)] days from the Execution Date, a third- party agency (the “Independent Expert”) for the Concession Period.

• It is expressly agreed that trees on the Project Site are the property of the Authority except that the Concessionaire shall be entitled to exercise usufructuary rights thereon during the Concession Period.

• The Concessionaire shall also effect and maintain such insurances as may be necessary for mitigating the risks that may devolve on the Authority as a consequence of any act or omission of the Concessionaire during the Concession Period.

• Signing of the memorandum, in 2 (two) counterparts (each of which shall constitute an original), by the authorised representatives of the Parties shall, subject to the provisions of Article 10.2.1, be deemed to constitute a valid Right of Way to the Concessionaire for free and unrestricted use and development of the Project Site which is vacant and free from any Encumbrance during the Concession Period under and in accordance with the provisions of this Agreement and for no other purpose whatsoever.

• In the event that the Concessionaire intends to undertake any such services, it shall obtain all necessary applicable permits in accordance with such Change in Law and comply with such Change in Law throughout the Concession Period.

More Definitions of Concession Period

Concession Period or “Term” of Concession Agreement

Concession Period means the period of the Concession specified in Article 3.2.1.

Concession Period shall have the meaning ascribed thereto in Clause 2.2.

Concession Period means, a period of Seven (07) years commencing from the Concession Fee Commencement Date, unless terminated earlier in accordance with the terms and conditions of the Concession Agreement.

Concession Period or “Term” of the Concession Agreement shall have the meaning ascribed to it in Article 2.7. "Concessionaire Event of Default" shall have the meaning ascribed to it in Article 6.1 (a). “Concessionaire's Proposal to Rectify” shall have the meaning ascribed to it in Article 6.2 (a)(ii). "Concessioning Authority Event of Default" shall have the meaning ascribed to it in Article 6.1(b). "Concessioning Authority Proposal to Rectify" shall have the meaning ascribed to it in Article 6.2 (b)(ii).

Concession Period means the period as applicable specified in Clause 2.2.

Concession Period means the period for which this Concession is granted, commencing from the Appointed Date, as mentioned in the RFP and Concession Agreement hereof.