Concession Entity definition

Concession Entity means an Entity that proposes to award a Concession.
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Examples of Concession Entity in a sentence

  • Except as disclosed on Section 4.1(g)(ii) of the Disclosure Schedule, all such agreements are in full force and effect, legal, valid and binding and enforceable against the Company and its subsidiaries and, to the Knowledge of the Com- pany, each other Concession Entity or other party thereto in accordance with their terms, except where the failure to so be in full force and effect, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

  • Except as disclosed on Section 4.1(g)(ii) of the Disclosure Schedule, all such agreements are in full force and effect, legal, valid and binding and enforceable against the Company and its subsidiaries and, to the Knowledge of the Company, each other Concession Entity or other party thereto in accordance with their terms, except where the failure to so be in full force and effect, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Related to Concession Entity

  • Concession Contract means a contract for pecuniary interest concluded in writing between one or more economic operators and one or more contracting authorities within the meaning of Articles 168 and 172, in order to entrust the execution of works or the provision and management of services to an economic operator (the ‘concession’). The remuneration shall consist either solely in the right to exploit the works or services or in that right together with payment. The award of a concession contract shall involve the transfer to the concessionaire of an operating risk in exploiting those works or services encompassing demand risk or supply risk, or both. The concessionaire shall be deemed to assume an operating risk where, under normal operating conditions, there is no guarantee of recouping the investments made or the costs incurred in operating the works or the services at stake;

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.

  • Concession Period means the period starting on and from the Appointed Date and ending on the Transfer Date;

  • Concession means the granting of a license or right to act for or on behalf of the Board, or to provide a service requiring the approval or endorsement of the Board, and which may or may not involve a payment or exchange, or provision of services by or to the Board, provided that the term concession shall not include vending machines.