Concession Term definition

Concession Term means, in respect of Airport Premises/Terminal, a period as specified in relevant clause of this manual, commencing on the Rent Commencement Date, unless terminated earlier in accordance with the terms and conditions of the Concession Agreement.

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Concession Term means, a period of Five (05) years, commencing on the Rent Commencement Date, unless terminated earlier in accordance with the terms and conditions of the Concession Agreement.

Concession Term 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.

Examples of Concession Term in a sentence

• Notwithstanding anything contained in this agreement, Parties agree that during the Concession Term, in the event the Authority opts to transfer its rights such as operation, maintenance, development etc.

• Without limiting the ability of the Port to do so at other times, it is expected that the Port will make such updates every ten years at the commencement of each Concession Term.

• New Entrants at the beginning of any Concession Term will be allocated space as provided in Section 11.4.

• The Parties agree that Transnet may place certain Moveable Rail Assets on the Rail Way Land during the Concession Term, the terms and conditions to be agreed on between the Parties.

• The Concessionaire acknowledges that Transnet may wish, at or before the expiry of the Concession Term, to invite persons, who if it is at the expiry of the Concession Term may include the Concessionaire, to tender for, the right to provide or operate all or part of the Concession.

More Definitions of Concession Term

Concession Term means, a period of Three (03) years, commencing on the License Commencement Date for the locations handed over at the first instance, unless terminated earlier in accordance with the terms and conditions of the Concession Agreement.

Concession Term means the period commencing on the Start Date and ending on the Expiry Date;

Concession Term means, a period of 10 (ten) years from the execution of the Concession Agreement by the Concessionaire at the Airports, unless terminated earlier in accordance with the terms and conditions of the Concession Agreement.

Concession Term means the duration beginning from the Appointed Date up to the Expiry Date.

Concession Term means subject to the earlier termination of this Concession Agreement, the period of 25 years commencing on the Effective Date;

Concession Term the term of the new gaming concession, which shall be ten years from the date of the new gaming concession “Contribution and Share the contribution and share subscription agreement dated Subscription Agreement” August 21, 2022 entered into between the Company, the Managing Director and MGM Grand Paradise in relation to the Share Subscription and the Transfer “controlling shareholder(s)” has the meaning ascribed to it under the Listing Rules “Director(s)” the director(s) of the Company

Concession Term means from October 1, 2012 herein referred to as “The Lease Term” terminating at 12:00 midnight on September 30, 2014, subject to earlier termination pursuant to the terms and conditions of the Concession Agreement.