Common use of Concession Fee Clause in Contracts

Concession Fee. In consideration of the grant of Concession, the Concessionaire shall pay to the MOR by way of concession fee (the “Concession Fee”) a sum of Re.1 (Rupee one) per annum {and the Premium specified in Clause 26.2}.

Appears in 3 contracts

Sources: Construction Contract, Construction Agreement, Construction Agreement