Common use of Annual Concession Fee Clause in Contracts

Annual Concession Fee. a. In consideration of the rights, privileges and interests granted by the Concessioning Authority to the Concessionaire in terms of the Agreement, the Concessionaire shall pay to the Concessioning Authority or its nominee / designated recipient an Annual Concession Fee of Rs [insert ] (Rupees [ insert in words ] only) and service tax as applicable from time to time.

Annual Concession Fee. a. In consideration of the rights, privileges and interests granted gra nted by the Concessioning Authority to the Concessionaire in terms of the this Agreement, the Concessionaire shall pay to the Concessioning Authority or its nominee / designated recipient an Annual Concession Fee of Rs [insert ] (Rupees [ insert in words ] only) and service tax as applicable from time to time).

Annual Concession Fee. a. In consideration of the rights, privileges and interests granted by the Concessioning Concessio ning Authority to the Concessionaire in terms of the this Agreement, the Concessionaire shall pay to the Concessioning Authority or its nominee / designated recipient an Annual Concession Fee of Rs [insert ] (Rupees [ insert in words ] only) and service tax as applicable from time to time).

Annual Concession Fee. a. a) In consideration of the rights, privileges and interests granted by the Concessioning Authority to the Concessionaire in terms of the this Agreement, the Concessionaire shall pay to the Concessioning Authority or its nominee / designated recipient an Annual Concession Fee of Rs [insert insert] (Rupees [ [insert in words words] only) and service tax as applicable from time to time).

Annual Concession Fee. a. In consideration of the rights, privileges and interests granted by the Concessioning Authority to the Concessionaire in terms of the this Agreement, the Concessionaire shall pay to the Concessioning Authority or its nominee / designated recipient an Annual Concession Fee of Rs [insert insert] (Rupees [ [insert in words words] only) and service tax as applicable from time to time).

Annual Concession Fee. a. In consideration of the rights, privileges pr ivileges and interests granted by the Concessioning Authority to the Concessionaire in terms of the this Agreement, the Concessionaire shall pay to the Concessioning Authority or its nominee / designated recipient an Annual Concession Fee of Rs [insert ] (Rupees [ [insert in words ] only) and service tax as applicable from time to time).