Term of Concession. This Agreement shall take effect on the Effective Date, and shall remain in effect until the earliest of (a) thirty-five (35) years after the Baseline Substantial Completion Date, (b) thirty- five (35) years after the Substantial Completion Date, or (c) the termination of this Agreement as provided herein (the “Term”); provided that IFA may extend the Term as provided in Section 15.4.2(e).
Term of Concession. Unless the CONCESSION is terminated early or extended in accordance with the provisions of this CONTRACT, the term for which the CONCESSION is granted is twenty (20) years, counted as of the CLOSING DATE.
Term of Concession. The Concession is granted to Corporation for the Term (as defined in the Definition) and shall terminate upon the expiry of the Term, the renewal option (if not exercised by Corporation), or upon earlier Termination of this Agreement.
Term of Concession. 2.2.1 This Agreement shall take effect on the Effective Date, and shall remain in effect until expiration of the Lease or earlier termination of this Agreement and (if in effect) the Lease (the “Term”). The term of the Lease shall commence upon the Operating Commencement Date that first occurs, and shall continue until the date that is 52 years after the Effective Date; provided that the Lease shall be subject to earlier termination in accordance with the terms of this Agreement and the Lease shall be subject to extension under Section 13.1.4.
Term of Concession. This Concession Agreement shall be co-terminus with the Term of the PIA, and shall cease to be valid upon termination of the PIA.
Term of Concession. 2.2.1 This Agreement shall take effect on the Effective Date, and shall remain in effect until the earlier of (a) [33] years after the Effective Date; or (b) the termination of this Agreement as provided herein ( the “Term”).
Term of Concession. This Agreement shall come into force and effect from the Effective Date and shall remain valid until the Expiry Date (“Term”), unless terminated earlier in accordance with the terms provided herein.
Term of Concession. 5.2.1 Subject to all obligations, terms, and conditions of this Agreement, Concessionaire is hereby granted the non‐exclusive right, license, and privilege to have a twenty‐five (25) year non‐exclusive concession, unless sooner terminated in accordance with Article XIV, or as directed by FAA subsequent to its review or approval.
Term of Concession. 6.1. Term 6.2. Date of entering into force 54
