ECONOMIC-FINANCIAL BALANCE. 15.1 The Parties recognize that the economic-financial balance of the Contract, in accordance with the rights, responsibilities, and risks assigned to the Parties, is that in force on the Closing Date. The Parties undertake to maintain the economic-financial balance of the Contract throughout its term.
Appears in 4 contracts
Samples: STS Concession Contract, STS Concession Contract, STS Concession Contract
ECONOMIC-FINANCIAL BALANCE. 15.1 15.1. The Parties recognize that the economic-financial balance of the Contract, in accordance with the rights, responsibilities, and risks assigned to the Parties, is that in force on the Closing Date. The Parties undertake to maintain the economic-financial balance of the Contract throughout its term.
Appears in 3 contracts
Samples: SGT Concession Contract, SGT Concession Contract, SGT Concession Contract
ECONOMIC-FINANCIAL BALANCE. 15.1 10.7 The Parties recognize parties declare their commitment to maintain throughout the duration of the contract, the economic and financial balance thereof. In this regard, the parties acknowledge that the economic-Contract to the date of signing thereof, is in a situation of economic and financial balance in terms of the Contract, in accordance with the rights, responsibilities, responsibilities and risks assigned to the Parties, is that in force on the Closing Date. The Parties undertake to maintain the economic-financial balance of the Contract throughout its term.parties
Appears in 1 contract
Samples: Project Concession Contract
