Common use of Land Area Clause in Contracts

Land Area. The ownership of the Project Site shall always remain vested with the Authority. The rights of the Concessionaire in the Project Site shall only be that of a Lessee as provided in this Agreement. It is clarified for the avoidance of doubt that title to the land shall vest exclusively with the Authority and the Concessionaire shall only have the right to develop and use the same in accordance with the provisions of this Agreement.

Land Area. The ownership of the Project Site shall always remain vested with the AuthorityGrantor. The rights of the Concessionaire Authorisee in the Project Site shall only be that of a Lessee lessee as provided in this Agreement. It is clarified for the avoidance of doubt that title to the land shall vest exclusively with the Authority Grantor and the Concessionaire Authorisee shall only have the right to develop and use the same in accordance with the provisions of this Agreement.

Land Area. The ownership of the Project Site shall always remain vested with the Authority. The rights of the Concessionaire Licensee in the Project Site shall only be that of a Lessee Licensee as provided in this Agreement. It is clarified for the avoidance of doubt that title to the land shall vest exclusively with the Authority and the Concessionaire Licensee shall only have the right to develop and use the same in accordance with the provisions of this Agreement.

Land Area. The ownership of the Project Site shall always remain vested with the Grantor / Authority. The rights of the Concessionaire in the Project Site shall only be that of a Lessee as provided in this Agreement. It is clarified for the avoidance of doubt that title to the land shall vest exclusively with the Grantor / Authority and the Concessionaire shall only have the right to develop and use the same in accordance with the provisions of this Agreement.