Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 19 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.132.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 16 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Lender's Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1Article 12.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 13 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 11 contracts
Samples: Concession Agreement, Concession Agreement, Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.131.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 4 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 4 contracts
Samples: Escrow Agreement, Escrow Agreement, Draft Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Concessioning Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 4 contracts
Samples: Draft Concession Agreement, Draft Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1Article21.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Substitution of Concessionaire. Downloaded from At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 3 contracts
Samples: Concession Agreement, Draft Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1Article 21.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.130.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 2 contracts
Substitution of Concessionaire. Downloaded from At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.130.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders’, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ RepresentativeLenders’, the Authority shall withhold Termination for a period not exceeding 180 120 (one hundred and eightytwenty) days from the date of Suspension, and any extension thereof under Clause 36.129.1, for enabling the Lenders‟ Representative Lenders’ to exercise its rights of substitution on behalf of Senior Lenders.substitution
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Authority shall withhold the Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.134.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 2 contracts
Samples: Iii Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Lenders' Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.111.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.138.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Leave and License Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior LendersXxxxxxx, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority SDMC shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.119.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’, the Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, 24.1 for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.134.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority Lead ULB shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.127.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Model Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ RepresentativeLenders’ Representative there under, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days eighty)days from the date of Suspension, and any extension thereof under Clause 36.132.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ RepresentativeLenders’ Representative thereunder, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.129.3, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1Article28.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Escrow Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Representative, the Authority MOR shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.133.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Model Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.128.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. 9.4.1 At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.19.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Representative, the Authority shall withhold Termination for a period not exceeding 180 90 (one hundred and eightyninety) days from the date of Suspension, and any extension thereof under Clause 36.123.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Lenders’ Representative, the Authority MOR shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.133.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Model Agreement
Substitution of Concessionaire. 28.4.1 At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.128.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority MPRDC shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Authority GMCBL shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.117.8.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Draft Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.133.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.129.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Draft Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1Article 28.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Draft Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.131.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Draft Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder there under from the Lenders‟ Lender's Representative, the Authority AMC shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1Article 11A.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.137.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Stamp Paper
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ RepresentativeLenders’ Representative thereunder, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1Article 32.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Draft Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders’ Representative, the Authority SDMC shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.119.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Representative, the Authority MOR shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.133.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Model Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.131.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders' Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Lenders' Representative, the Concessioning Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.130.1, for enabling the Lenders‟ Lenders' Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.137.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Substitution Agreement
Substitution of Concessionaire. At any time during the period of Suspension, the Lenders‟ Lenders’ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ RepresentativeLenders’ Representative thereunder, the Authority GOTN, HD shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Lenders’ Representative to exercise its rights of substitution on behalf of Senior Lenders.
Appears in 1 contract
Samples: Concession Agreement