Common use of Annual Concession Fee Clause in Contracts

Annual Concession Fee. 25.3.1 Without prejudice to the provisions of Clause 25.1 and Clause 25.2, the Concessionaire agrees to pay to the Authority an amount of Rupees [***] to be calculated at the rate of 1% (one per cent) of the prevailing circle rates for the entire site as on the 30 (thirty) days prior to the Scheduled Completion Date, as consideration for the Project ("Annual Concession Fee").

Appears in 16 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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