Termination for Authority Default. 21.2.1. Without prejudice to any other right or remedy which the Concessionaire may have under this Agreement, upon occurrence of an Authority Default and failure of the Authority to cure the Authority Default within the Cure Period, the Concessionaire shall, be entitled to terminate this Agreement by issuing a Termination Notice to the Authority. The Termination under this Article shall be effective 7 days from the issue of Termination Notice.
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Termination for Authority Default. 21.2.1. Without prejudice to any other right or remedy which the Concessionaire may have under this Agreement, upon occurrence of an Authority Default and failure of the Authority to cure the Authority Default within the Cure Period, the Concessionaire shall, be entitled to terminate this Agreement by issuing a Termination Notice to the Authority. The Termination under this Article shall be effective 7 days from the issue of Termination Notice.
Appears in 1 contract
Samples: Concession Agreement
