Common use of Termination when no Selectee Clause in Contracts

Termination when no Selectee. is selected In the event that no Selectee acceptable to the Concessioning Authority is selected and recommended by the Lenders/Xxxxxxx’ Representative within the period of 180 (one hundred and eighty) Days or any extension thereof as set forth in Clause 3.3.2, the Concessioning Authority may terminate the Concession Agreement forthwith in accordance with the provisions thereof.

Appears in 4 contracts

Samples: Substitution Agreement, Substitution Agreement, Concession Agreement

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Termination when no Selectee. is selected In the event that no Selectee acceptable to the Concessioning Authority is selected and recommended by the Lenders/XxxxxxxLenders’ Representative within the period of 180 (one hundred and eighty) Days or any extension thereof as set forth in Clause 3.3.2, the Concessioning Authority may terminate the Concession Agreement forthwith in accordance with the provisions thereof.

Appears in 2 contracts

Samples: Draft Substitution Agreement, Concession Agreement

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Termination when no Selectee. is selected In the event that no Selectee acceptable to the Concessioning Authority is selected and recommended by the Senior Lenders/XxxxxxxSenior Lenders’ Representative within the period of 180 (one hundred and eighty) Days or any extension thereof as set forth in Clause 3.3.2, the Concessioning Authority may terminate the Concession Agreement forthwith in accordance with the provisions thereof.

Appears in 1 contract

Samples: Draft Concession Agreement

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