Consequences of the expiration of the Concession Sample Clauses

Consequences of the expiration of the Concession. The expiration of the CONCESSION operates automatically without requiring any subsequent act or declaration to that effect. As a consequence of the expiration, the CONCESSION, this CONTRACT and the corresponding records shall not be effective; likewise, the expiration process shall be subject to the provisions of the APPLICABLE LAWS AND PROVISIONS. In case of expiration of the CONCESSION and if it were necessary to guarantee the continuity of the service, the CONCESSIONAIRE undertakes to continue providing the REGISTERED SERVICES, under the same terms and conditions set forth in this CONTRACT, for a term to be duly indicated by the GRANTOR. In no case, this term may be less than the period elapsed from the subscription of the new Concession Contract and ASSIGNMENT of the BAND resulting from the contest, bidding or process summoned by the GRANTOR, until the DATE OF COMMENCEMENT OF OPERATIONS of the new CONCESSIONAIRE. The GRANTOR shall not make any indemnification or pecuniary recognition or of any other nature to the CONCESSIONAIRE neither in case of expiration of the CONCESSION nor for the rendering of the REGISTERED SERVICES during the term indicated in the previous paragraph.
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Related to Consequences of the expiration of the Concession

  • Consequences of Breach Without prejudice to any rights that may be available to the Principal/Owner under law or the Contract or its established policies and laid down procedures, the Principal/Owner shall have the following rights in case of breach of this Integrity Pact by the Tenderer(s)/Contractor(s) and the Tenderer/ Contractor accepts and undertakes to respect and uphold the Principal/Owner’s absolute right:

  • Consequences of Default Upon the occurrence of any Event of Default, as defined in the Revenue Sharing Agreement:

  • H4 Consequences of Expiry or Termination H4.1 Where the Authority terminates the Contract under clause F5.5 (Remedies in the Event of Inadequate Performance) or clause H2 (Termination on Default) and then makes other arrangements for the supply of Services, the Authority may recover from the Contractor the cost reasonably incurred of making those other arrangements and any additional expenditure incurred by the Authority throughout the remainder of the Contract Period. The Authority shall take all reasonable steps to mitigate such additional expenditure. Where the Contract is terminated under clause F5.5 or clause H2 (Termination on Default), no further payments shall be payable by the Authority to the Contractor until the Authority has established the final cost of making those other arrangements.

  • CONSEQUENCES OF TERMINATION AND EXPIRY 28.1 Notwithstanding the service of a notice to terminate this Framework Agreement, the Supplier shall continue to fulfil its obligations under this Framework Agreement until the date of expiry or termination of this Framework Agreement or such other date as required under this Clause 28 (Consequences of Termination and Expiry).

  • Consequences of Expiry or Termination 50.1. Where the Authority terminates the Contractor’s interest in the Framework Agreement under clause 42 (Termination Rights) and makes other arrangements for the supply of Services, the Contractor indemnifies the Authority against all costs incurred in making those arrangements.

  • Consequences of non-compliance If a beneficiary breaches any of its obligations under this Article, the grant may be reduced (see Article 43). Such breaches may also lead to any of the other measures described in Chapter 6.

  • Consequences of Termination on Notice by the Province If the Province terminates the Agreement pursuant to section A11.1, the Province may take one or more of the following actions:

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • Consequences of Termination Upon the termination of this Agreement:

  • Consequences of an Event of Default (a) If an Event of Default specified in subsections (a) through (l), (o), (p) or (q) of Section 7.01 shall occur and, be continuing or shall exist, then, in addition to all other rights and remedies which the Administrative Agent or any Lender may have hereunder or under any other Loan Document, at law, in equity or otherwise, the Lenders shall be under no further obligation to make Loans hereunder, and the Administrative Agent may, and, upon the written request of the Required Lenders shall, by notice to the Borrower, from time to time do any or all of the following:

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