Concession Year definition

Concession Year means each successive twelve (12) month period during the Concession Term hereof.
Concession Year means each successive twelve months period during the concession term.
Concession Year means each successive twelve months period during the Concession Term starting from Concession Term Commencement Date.

Examples of Concession Year in a sentence

  • Accordingly, Quoted Annual Guarantee (QAG) and Progressive Revenue Share shall be determined to arrive at Annual Concession Fees for a particular Concession Year.

  • The efficacy variable is time from randomisation to first occurrence of any event from the composite of all-cause mortality, MI, stroke, intracranial haemorrhage and fatal bleeding• Health care resource utilisation and utilities assessed by Euro Quality of Life-5 Dimensions (EQ- 5D) questionnaire to support health technology assessment and health economic modelling.

  • At the end of each Concession Year an adjustment shall be made between the ENGLAND AUTHORITY and CONCESSIONAIRE, so that the total amount payable and paid for such Concession Year shall be the greater of (i) the Minimum Annual Guarantee or (ii) a sum equal to twelve (12%) percent of Gross Revenue of the CONCESSIONAIRE for such Concession Year.

  • Each twelve (12) month period, or portion thereof, shall be considered a Concession Year.

  • For the first Concession Year, QG per PAX shall be the guaranteed amount per domestic passenger quoted by the Selected Bidder.


More Definitions of Concession Year

Concession Year means (i) if the Closing Date occurs on the first day of a calendar month, the 12-month period beginning on the Closing Date or (ii) if the Closing Date does not occur on the first day of a calendar month, the period from the Closing Date through the end of the calendar month in which the Closing Date occurred and the next succeeding 12-month period and, in either case of clause (i) or (ii), each succeeding 12-month period and in any case ending on the End Date.
Concession Year means a period of twelve (12) consecutive months according to the Gregorian calendar starting on the Effective Date of this Agreement or on any anniversary of said Effective Date.
Concession Year means in respect of the first Concession Year the period commencing from the Compliance Date and ending on the day falling at the end of one year from the Compliance Date and subsequently each one year period thereafter provided that the final Concession Year shall end on the Transfer Date;
Concession Year means any given year, forming part of the Concession Period, commencing on the date and month of the Appointed Date and ending on a day prior to the said date and month of the each Subsequent Year. For example in the event the Appointed Date is December 30, 2016, the first Concession Year shall end on December 29, 2017.
Concession Year means the period commencing from the Effective Date (i.e. the date of the execution of MTD Prime Concession Agreement) and ending on 31 December 1994 and thereafter each period of one year ending on 31 December but so that the final Concession Year shall end on the Termination Date (i.e. the date of expiry or termination of the Concession).
Concession Year means any period of 12 months during the Concession Period, beginning on 1 April and ending on 31 March, except that:
Concession Year means each of the following periods within the Concession Period: