Construction of Funded Works. 12.6.1 The Authority acknowledges, agrees and undertakes that it shall, in accordance with the provisions of this Clause 12.6, reimburse the capital costs incurred by the Concessionaire for and in respect of the construction works referred to in Clause 12.6.2 (the “Funded Works”).
Appears in 3 contracts
Samples: Draft Concession Agreement, Concession Agreement, Concession Agreement
Construction of Funded Works. 12.6.1 The Authority acknowledges, agrees and undertakes that it shall, in accordance with the provisions of this Clause 12.6, reimburse the capital costs incurred by the Concessionaire Operator for and in respect of the construction works referred to in Clause 12.6.2 (the “Funded Works”).
Appears in 3 contracts
Samples: Chapter Iv, Operation and Maintenance Agreement, Operation and Maintenance Agreement
Construction of Funded Works. 12.6.1 The Authority acknowledges, agrees and undertakes that it shall, in accordance with the provisions of this Clause 12.6, reimburse the capital costs incurred by the Concessionaire Operator for and in respect of the construction works Construction Works referred to in Clause 12.6.2 (the “Funded Works”).
Appears in 2 contracts
Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement
Construction of Funded Works. 12.6.1 12.7.1 The Authority acknowledges, agrees and undertakes that it shall, in accordance with the provisions of this Clause 12.612.7, reimburse the capital costs incurred by the Concessionaire for and in respect of the construction works referred to in Clause 12.6.2 12.7.2 (the “Funded Works”).
Appears in 2 contracts
Samples: Model Concession Agreement, Model Concession Agreement
