Common use of Minimum Participation Clause in Contracts

Minimum Participation. It is the fifty-one percent (51%) of the Capital Stock with voting rights in the CONCESSIONAIRE that the OPERATOR must have, and such percentage must be maintained from the date of incorporation of the CONCESSIONAIRE and during the term of CONCESSION.

Appears in 2 contracts

Sources: Single Concession Contract for the Provision of Public Telecommunication Services, Single Concession Contract for the Provision of Public Telecommunication Services