THE DEFINITION AND CHARACTERISTICS OF CONCESSION AGREEMENTS Sample Clauses

THE DEFINITION AND CHARACTERISTICS OF CONCESSION AGREEMENTS. A. Definition of a Concession Agreement Concession is “the method through which a public service is established and/or delivered by a person who is entitled to or responsible for the said service’s profits, losses and expenses, as a result of an agreement between the admin- istration and a private person.”4 In concession agree- ments which transfer a public service to a private per- son, the administration is the concession giver, whereas the private person taking over the service is the conces- sion owner or the concessionaire.5 All capital, expendi- ture and earnings, damages and losses arising from the public service undertaken by a private person belong to that person, in return for delivering the service in com- pliance with conditions and for power and benefits de- termined by the administration.6 Although there is no clear consensus regarding the defi- nition of the term ‘public service’, which is subject to concession agreement, the Constitutional Court,- in its Decision E: 1994/43 K:1994/42-2- defines it as follows:
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Related to THE DEFINITION AND CHARACTERISTICS OF CONCESSION AGREEMENTS

  • D efinitions For purposes of this Agreement, the following terms shall have the meaning shown:

  • General Conditions; Definitions 1.01. The General Conditions (as defined in the Appendix to this Agreement) constitute an integral part of this Agreement.

  • PROJECT DEFINITIONS The following capitalized terms have the meanings assigned below for purposes of Exhibits A and B.

  • Additional Procedures Applicable to High Value Accounts 1. If a Preexisting Individual Account is a High Value Account as of December 31, 2013, the Reporting [FATCA Partner] Financial Institution must complete the enhanced review procedures described in paragraph D of this section with respect to such account by December 31, 2014. If based on this review, such account is identified as a U.S. Reportable Account, the Reporting [FATCA Partner] Financial Institution must report the required information about such account with respect to 2013 and 2014 in the first report on the Account. For all subsequent years, information about the account should be reported on an annual basis.

  • SECTION I - DEFINITIONS As used in this Agreement, the following terms shall have the meanings ascribed herein unless otherwise stated or reasonably required by the Agreement, and other forms of any defined words shall have a meaning parallel thereto.

  • RECOGNITION AND DEFINITIONS 2.01 The Employer recognizes the Ontario Nurses’ Association as the exclusive bargaining agent for all registered nurses, and nurses with Temporary Certificates of Registration, employed in a nursing capacity at the Queen’s Family Health Team at Queen’s University in Kingston, save and except nurse manager and persons above the rank of nurse manager.

  • Defined Terms As used in this Agreement, the following terms have the meanings specified below:

  • Certain Agreements Related to Deposits Subject to Section 2.2, the Assuming Institution agrees to honor the terms and conditions of any written escrow or mortgage servicing agreement or other similar agreement relating to a Deposit liability assumed by the Assuming Institution pursuant to this Agreement.

  • GEOGRAPHIC AREA AND SECTOR SPECIFIC ALLOWANCES, CONDITIONS AND EXCEPTIONS The following allowances and conditions shall apply where relevant: Where the company does work which falls under the following headings, the company agrees to pay and observe the relevant respective conditions and/or exceptions set out below in each case.

  • Definitions For purposes of this Agreement:

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