Sole purpose of the Concessionaire. The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the ULB, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Sole purpose of the Concessionaire. 5.15.1 The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the ULB, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.
Appears in 2 contracts
Sole purpose of the Concessionaire. The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the Lead ULB, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.
Appears in 2 contracts
Samples: Model Concession Agreement, Model Concession Agreement
Sole purpose of the Concessionaire. The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the Lead ULB, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.
Appears in 1 contract
Samples: Model Concession Agreement
