Concessioning Authority Event of Default definition

Concessioning Authority Event of Default shall have the meaning as set out under Article 15.1(b).
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Concessioning Authority Event of Default shall have the meaning as set out under Article15.1(b). “Concessionaire Event of Default” shall have the meaning as set out under Article 15.1 (a). “Concession Period” meanstheperiod of the Concessionspecified in Article 2.2ofthis Agreement. “Conciliation & Settlement Committee” shall have the meaning assigned to it under Article 19.3 “Conditions Precedent” shall mean the conditions prescribed in Article 3 of this Agreement.
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Examples of Concessioning Authority Event of Default in a sentence

  • Event of Default means the Concessionaire Event of Default or the Concessioning Authority Event of Default or both as the context may admit or require.

  • Without prejudice to any other right or remedy which the Concessionaire may have in respect thereof under this Agreement, upon the occurrence of Concessioning Authority Event of Default, the Concessionaire shall be entitled to terminate the Agreement by issuing Termination Notice.

  • Events of Default shall mean either Concessionaire Event of Default or Concessioning Authority Event of Default or both as the context may admit or requires.

  • Without prejudice to any right or remedy, which the Concessionaire may have under this Agreement, upon occurrence of a Concessioning Authority Event of Default, the Concessionaire shall be entitled to issue a Termination Notice to the Concessioning Authority.

  • Without prejudice to any other right or remedy which the Concessionaire may have in respect thereof under this Agreement, upon the occurrence of Concessioning Authority Event of Default, the Concessionaire shall be entitled to terminate this Agreement by issuing Termination Notice.

  • If termination is due to a Political Event, Termination Payment payable to the Concessionaire shall be the same as that stipulated for termination due to a Concessioning Authority Event of Default under Article 17.1 (c).

  • Event of Default means either Concessionaire Event of Default or Concessioning Authority Event of Default or both as the context may admit or require.

  • Upon the occurrence of the Concessioning Authority Event of Default, the Concessionaire shall without prejudice to any other rights and remedies available to it under this Agreement be entitled to terminate this Agreement.

  • If the termination is due to a Concessioning Authority Event of Default, the compensation payable by the Concessioning Authority shall be equal to the aggregate of (i) Debt Due plus (ii) 150% (one hundred and fifty percent) Equity.

  • In case no solution is provided by XxXX, the same shall be considered as Concessioning Authority Event of Default.

Related to Concessioning Authority Event of Default

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Environmental Event shall have the meaning set forth in Section 12.2.1.

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Special event permit means a permit granted by the Division

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Event of Default has the meaning specified in Section 8.01.

  • Event Outside Our Control means any act or event beyond WRAS’s reasonable control, including without limitation strikes, lock-outs or other industrial action by third parties, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack, war (whether declared or not) or threat or preparation for war, fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural disaster, or failure of public or private telecommunications networks [or impossibility of the use of railways, shipping, aircraft, motor transport or other means of public or private transport;

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Warranty Event As to any Asset, the discovery that as of the related Cut-Off Date or Funding Date there had existed a breach of any representation or warranty relating to such Asset and the continuance of such breach through any applicable determination date or beyond any applicable cure period.