Annual Concession Fee definition

Annual Concession Fee means the fee as defined in Article 5.1 of the Concession Agreement.
Annual Concession Fee shall have the meaning ascribed to it in Article 2.9.1.
Annual Concession Fee or “ACF” means as described in Article 19.4 of this Agreement.

Examples of Annual Concession Fee in a sentence

  • The Project is proposed to be implemented on a DBFOT basis for a Concession Period on an Upfront Fee cum Annual Concession Fee model.

  • Annual Concession Fee for the first year at the rate of 2% of the prevailing Circle Rate of the land which is the Project Site shall be paid by the Selected Bidder in advance on the date of execution of the Concession Agreement.

  • The Project will be awarded to the Bidder quoting the highest Annual Concession Fee.

  • Annual Concession Fee shall be at the rate of 1% of the prevailing Circle Rate of the land which is the Project Site shall be paid by the Selected Bidder in advance on the Schedule Completion Date.

  • Annual Concession Fee shall be payable by the Concessionaire to the Authority, as the case may be, as per the terms and conditions of the RFP and the provisions of the Concession Agreement.


More Definitions of Annual Concession Fee

Annual Concession Fee shall have the meaning set forth in Clause 20.2; “Appendix” shall have the meaning set forth in Clause 10.2.1;
Annual Concession Fee. (Annuity) means the fee as defined in Article 5.1 of the Concession Agreement.
Annual Concession Fee shall have the meaning set forth in Clause 4.1.1.
Annual Concession Fee means the fee as defined in Article 5.1 of the Concession Agreement. HPIDB Website 13.03.2021
Annual Concession Fee means the fee as defined in Article 5.1 of the Operation, Management and Maintenance Agreement.
Annual Concession Fee shall have the meaning set forth in Clause 4.1.1. “Allied Actives” shall be operation of food stall, fast food, ice cream parlour, snacks and other similar activities
Annual Concession Fee means the aggregate Concession Fee payable by the Concessionaire for a Concession Year.