Common use of Grant of Concession Clause in Contracts

Grant of Concession. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Concessioning Authority hereby grants and authorizes the Concessionaire to investigate, study, design, engineer, procure, finance, construct, operate and maintain the Project Facilities and to exercise and / or enjoy the rights, powers, benefits, privileges, authorizations and entitlements as set forth in this Agreement (“the Concession”).

Appears in 2 contracts

Samples: Substitution Agreement, Draft Concession Agreement

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Grant of Concession. Subject to and in accordance with the terms and conditions covenants set forth in this Agreement, the Concessioning Authority hereby grants and authorizes authorises the Concessionaire to investigate, study, design, engineer, procure, finance, construct, operate and maintain the Project Facilities and to exercise and / and/ or enjoy the rights, powers, benefits, privileges, authorizations authorisations and entitlements as set forth in this Agreement Agreement. (the the Concession”).

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Grant of Concession. Subject to and in accordance with the terms and conditions covenants set forth in this Agreement, the Concessioning Authority hereby grants and authorizes authorises the Concessionaire to investigate, study, design, engineer, procure, finance, construct, operate and maintain the Project Facilities and to exercise and / and/ or enjoy the rights, powers, benefits, privileges, authorizations authorisations and entitlements as set forth in this Agreement (Agreement. the Concession”).

Appears in 1 contract

Samples: Concession Agreement

Grant of Concession. Subject to and in accordance with the terms and conditions set forth out in this Agreement, the Concessioning Authority hereby irrevocably grants to the Concessionaire, and authorizes the Concessionaire hereby accepts exclusive right and authority, during the Concession Period, to investigate, study, design, engineer, procure, finance, construct, install, commission, operate and maintain the Project Facilities and to exercise and / or enjoy the rights, powers, benefits, privileges, authorizations and entitlements as set forth in granted under this Agreement (“the Concession”)Agreement.

Appears in 1 contract

Samples: Draft Concession Agreement

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Grant of Concession. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Concessioning Concessioneering Authority hereby grants and authorizes the Concessionaire to investigate, study, design, engineer, procure, finance, construct, operate Operate and maintain the Project Facilities and to exercise and / or enjoy the rights, powers, benefits, privileges, authorizations and entitlements as set forth in this Agreement (“the Concession”).

Appears in 1 contract

Samples: Draft Concession Agreement

Grant of Concession. Subject to and in accordance with the terms and conditions covenants set forth in this Agreement, the Concessioning Authority hereby grants and authorizes the Concessionaire to investigate, study, design, engineer, procure, financefinance and construct the Project Facility, construct, to operate and maintain the Project Facilities Facility and to exercise and / and/ or enjoy the rights, powers, benefits, privileges, authorizations and entitlements as set forth in this Agreement Agreement, (the the Concession”).

Appears in 1 contract

Samples: Draft Concession Agreement

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