Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

Concession Agreement means the agreement to be entered into between the Authority and the Selected Bidder (in case of consortium it will be SPV) as per the draft format set out in Appendix-II to this RFP.

Concession Agreement means an agreement between a highway agency and a concessionaire under which the concessionaire is given the right to op- erate and collect revenues or fees for the use of a federally funded highway in return for compensation to be paid to the highway agency. A concession agreement may include, but not be lim- ited to, obligations concerning the de- velopment, design, construction, main- tenance, operation, level of service, and/or capital improvements to a facil- ity over the term of the agreement. Concession agreement shall not include agreements between government enti- ties, even when compensation is paid, where the primary purpose of the transaction is not commercial in na- ture but for the purpose of determining governmental ownership, control, ju- risdiction, or responsibilities with re- spect to the operation of a federally funded highway. The highway agency’s determination as to whether an agree- ment between government entities constitutes a concession agreement shall be controlling.

Examples of Concession Agreement in a sentence

Proposals should contain a description of a recurring concession fee, fee schedule, or other arrangement which by the end of the Concession agreement term will have resulted in the Authority having received fair market value for the use of the Authority’s property, taking into consideration the residual value of the hotel improvements, while at the same time allowing the successful proposer to recover its costs plus a reasonable return on investment.
The successful proposer will be required to meet the insurance requirements established by the Authority during the negotiation of the Concession agreement with the successful proposer.
From now on it is clear, that the Concession agreement should have been unilaterally and immediately cancelled at the second financial closure dead- line.
A description of the model by which the proposer will compensate the Authority during the term of the Concession agreement, whether by MAG/percentage of sales or otherwise, together with any short-term concessions or incentives requested of Authority.
Authority shall provide land, existing equipment and other infrastructure to the Concessionaire as per the Concession agreement.

More Definitions of Concession Agreement

Concession Agreement means the Indiana Toll Road Concession and Lease Agreement, dated as of April 12, 2006, by and between the authority and the concessionaire, providing for, among other things, the lease of the toll road to the concessionaire and for the provision of toll road services by the concessionaire for the term of the concession agreement, together with all amendments thereto.

Concession Agreement means an agreement entered into between a public agency and a private sector participant for and in respect of a public-private partnership;

Concession Agreement means this Agreement, its Recitals, the Schedules, hereto, the RFP and any amendments thereto made in accordance with the provisions contained in this Agreement and the Letter of Award issued by PIDB, on behalf of the Authority.

Concession Agreement means this Agreement, its Recitals, and the Schedules hereto and any amendments thereto made in accordance with the provisions contained in this Agreement.

Concession Agreement means an agreement entered into between the GSRDC and Concessionaire for Survey, Design, Engineer, Procure, Finance, Construct, Manage, Operate and Maintain the Project Highway at its cost and expense;