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.
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.

  • This Agreement shall be effective from the date hereof and shall continue in full force and effect until the end of Concession Term of the Concession is achieved under and in accordance with the Concession Agreement or is otherwise terminated, in case the Concession is awarded to the Consortium.

  • This Agreement shall be effective from the date hereof and shall continue in full force and effect until the end of Concession Term of the Concession is achieved under and in accordance with the Concession Agreement, in case the Concession is awarded to the Consortium.

  • The allotment of such additional location (s) would however cease on or before the Concession Term expiry date.

  • Such a venture must be offered to the Existing Advertising Rights Concessionaire on first right of refusal basis for the balance period of the Concession Term.


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, a period of 10 (ten) years from the execution of the Concession Agreement by the Concessionaire at the Airport(s), unless terminated earlier in accordance with the terms and conditions of the Concession Agreement;
Concession Term. TBD TIR: TBD Auction Criteria: TBD Fare: TBD Importance: ​The priority of this project is to promote logistics in the region between the cities of São Luís/MA and Teresina/PI, linking the region considered the great national agricultural frontier, which presents expressive growth in agricultural production mainly of soy and corn, contributing to the regional development of the North and Northeast of the country, where there are important federal highways. Agricultural production in the region called Matopiba, comprises the Cerrado biome of the states of Maranhão, Tocantins, Piauí and Bahia and accounts for a large part of the Brazilian production of grains and fibers. The main crop in the main producing regions of Matopiba is currently concentrated on soybeans, but other crops such as corn, rice and cotton also play an important role. The improvement of land transport logistics will offer facilities for transporting agricultural production, as well as the use of other modes and the feasibility of exporting production through the port complexes of Itaqui (São Luís/MA), and also of Arco Norte, in Vila do Conde (Belém/PA), being an important logistics corridor for the Midwest. PPI Qualification: Resolution nº 121, of June 10, 2020 SFPP – September 2021 83 Highway – BR-163/267/MS (Relicitation) Mundo Novo/MS – Sonora/MS Studies Public Hearing TCU (Federal court of accounts) Public Notice 3Q 2022 Public Auction 4Q 2022 Contract 1Q 0000 XX Sonora GO Coxim Rio Verde de Mato Grosso São Gabriel do Oeste Campo Grande MS Nova Alvorada do Sul Presidente Epitácio Rio Brilhante Dourados SP Naviraí PARAGUAI Itaquiraí PR Mundo Novo Guaíra Length: 1,094 km Traffic: TBD CAPEX: TBD OPEX: TBD Concession term: TBD WACC: TBD Auction Criteria: TBD Fare: TBD Importance: Promote the logistics of the Northeast region of Mato Grosso, which shows growth in agricultural production and is currently the second largest in the State in soybean and corn production, contributing to the regional development of the Midwest and North of the country, of which important highways are part.
Concession Term means the period starting on the Effective Date and, subject to earlier termination in terms of this Agreement, ending one day before the 20th (twenty-) anniversary of the Effective Date;
Concession Term means, a period of seven (07) years commencing from the 60th day of actual or deemed date of handing over, whichever is earlier, of at-least 50% of tendered area, unless terminated earlier in accordance with the terms and conditions of the Concession Agreement.
Concession Term as defined in clause 3.7;
Concession Term as defined in clause 3.7 in the main text of this Agreement; "Contract Year" each successive period of 365 days (or 366 days if a leap year occurs), the first such period beginning on the Handover, "Conversion Rate" the mid rate of exchange for US$ to or vice versa as the case may be quoted from time to time by the Central Bank of [______];