Common use of Concessionaire Event of Default Clause in Contracts

Concessionaire Event of Default. (a) Each of the following events or circumstances, to the extent not caused by a default of the Concessioning Authority or Force Majeure, shall be considered for the purposes of this Agreement as Events of Default of the Concessionaire (“Concessionaire Event of Default”) which, if not cured within the time period permitted, if any, shall provide the Concessioning Authority, with the right to terminate this Agreement in accordance with Article 17 hereof:

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Concessionaire Event of Default. (a) 14.2.1 Each of the following events or circumstances, to the extent not caused by a default the Authority’s Event of the Concessioning Authority Default or Force Majeure, shall be considered for the purposes of this Agreement as Events of Default of the Concessionaire (the “Concessionaire Event of Default”) which, if not cured within 180 days of notice (or such later date as parties may mutually agree) issued by the time period permittedAuthority, if any, shall provide the Concessioning Authority, with the right to terminate this Agreement in accordance with Article 17 ARTICLE 14 hereof:

Appears in 1 contract

Samples: Concession Agreement

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Concessionaire Event of Default. (a) Each of the following events or circumstances, to the extent not caused by a default of the Concessioning Authority ADA or Force Majeure, shall be considered for the purposes of this Concession Agreement as Events of Default of the Concessionaire (“Concessionaire Event of Default”) which, if not cured within the time period permitted, if any, shall provide the Concessioning AuthorityADA, with the right to terminate this Concession Agreement in accordance with Article 17 19 hereof:

Appears in 1 contract

Samples: Concession Agreement

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