Grant of Permit. (a) Pursuant to the Act and subject to the terms and conditions of this Agreement, the Department grants to the Developer the exclusive right, and the Developer accepts (i) the obligation to develop, design, finance, construct, operate and maintain the Project (including without limitation the obligation to develop, design, finance and construct the Transferred Project Assets) and (ii) the right to establish, impose, charge, collect, use and enforce payment of tolls and related charges (the “Permit”).
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Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement
Grant of Permit. (a) Pursuant to the Act and subject to the terms and conditions of this Agreement, the Department grants to the Developer Concessionaire the exclusive right, and the Developer Concessionaire accepts the obligation (i) the obligation to finance, develop, design, financeconstruct, constructmanage, operate and maintain the Project (including without limitation the obligation to develop, design, finance and construct the Transferred Project Assets) and (ii) the right to establish, impose, charge, collect, use and enforce payment of tolls and related charges (the “Permit”).
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