Concession Framework Agreement definition

Concession Framework Agreement means an agreement to be entered into between SPCD and SDEC pursuant to paragraph 5 of the Schedule to the Project Agreement;
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Concession Framework Agreement means an agreement to be entered into between GPCD and GCHC pursuant to paragraph 5 of the Schedule to the Project Agreement;
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Concession Framework Agreement means an agreement to be entered into between SPCD and the Company, which, among others, authorizes the Company to undertake the operation and maintenance, and management of the Project expressway and the right to collect tolls on the Project expressway;
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Examples of Concession Framework Agreement in a sentence

  • SPG shall ensure that SPCD and SDEC enter into a Concession Framework Agreement by 31 December 2008 in a form satisfactory to ADB to ensure autonomy of operations, encourage the establishment of road performance indicators, and facilitate refinancing of road sector assets.

  • The Company shall also be responsible for operation and maintenance, and management of the Project expressway for the period as required and stipulated under the Concession Framework Agreement.

  • SPG shall not revoke, repeal, suspend or withdraw, or transfer or assign to any third party the rights of SDEC provided in the Concession Framework Agreement with respect to operation and maintenance, management of Project expressway and collection of tolls on the Project expressway without ADB’s prior agreement.

  • SPG through SPCD shall ensure that SDEC follow the Concession Framework Agreement during the operation and maintenance, and management of the Project expressway.