Common use of Establishment of a Transportation Corporation Clause in Contracts

Establishment of a Transportation Corporation. 1. The Parties, recognizing an immediate need to establish a Public Corporation to organize and operate transportation facilities, such as roads, railways and ports, for their mutual benefit, hereby establish a Bosnia and Herzegovina Transportation Corporation (the "Transportation Corporation") for such purpose.

Establishment of a Transportation Corporation. 1. The Parties, recognizing an immediate need to establish a Public Corporation to organize and operate transportation facilities, such as roads, railways and ports, for their mutual benefit, hereby establish a Bosnia and Herzegovina Transportation Corporation (the "“Transportation Corporation"”) for such purpose.

Establishment of a Transportation Corporation. 1. The Parties, recognizing an immediate need to establish a Public Corporation to organize and operate transportation facilities, such as roads, railways and ports, for their mutual benefitbenefit, hereby establish a Bosnia and Herzegovina Transportation Corporation (the "“Transportation Corporation"”) for such purpose.