Common use of Financial Close Clause in Contracts

Financial Close. 18.1.1 The Concessionaire hereby agrees and undertakes that it shall achieve the Financial Close within 180 (one hundred and eighty) days from the date of this Agreement and in the event of delay, it shall be liable to pay damages as per provisions of Article 4.4.2.

Appears in 7 contracts

Samples: Draft Concession Agreement, Draft Concession Agreement, Draft Concession Agreement

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Financial Close. 18.1.1 25.1.1 The Concessionaire hereby agrees and undertakes that it shall achieve the Financial Close within 180 (one hundred and eighty) days from the Execution Date or such later date as particularly provided in Article 04 of this Agreement and in the event of delay, it shall be liable to pay damages as per provisions of Article 4.4.2Agreement.

Appears in 5 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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