Toll Concession definition
Toll Concession means all concessions and rights granted to the Concessionaire hereunder and under the GoS Agreements in relation to Toll and all matters relating to the same including determination, levying, imposing, demanding, charging, collection, retention and appropriation of the same by the Concessionaire from the Toll Commencement Date until the Toll Commencement End Date; Toll Notification shall bear the meaning ascribed thereto in Section 17.5.1; Toll Notification Relief Event shall bear the meaning ascribed thereto in Section 17.5.2; Toll Operations Manual has the meaning ascribed thereto in Section 17.2.2; Toll Plazas means the toll plazas to be built and established by the Concessionaire as part of the Concession Assets along the Project Expressway (as contemplated by Section Toll Revenues means all income derived by the Concessionaire from the Project from collection of the Tolls; Toll Progress Report shall bear the meaning ascribed thereto in Section 17.3;
Examples of Toll Concession in a sentence
Proposers are advised to review the draft Term Sheet for Toll Concession P3A attached as Exhibit C for further details regarding the obligations of the Developer.
Two different models of D-B-F-O-M have been used in the United States: Road Toll Concession, and Availability Payment Concessions.
The repayment of any NDC cash advances for the cost of rights-of-way shall be recognized in the bidding for concession, and shall become an obligation of the entity in possession of the Toll Concession Agreement.