Examples of Concession Holder in a sentence
The Ministry may amend the classification and category, previously listening to the Concession Holder, when the Airport does no longer have the installations and services necessary hereunder or when circumstances arise which merit said amendment and, consequently, it shall inform the Concession Holder the conditions to which the rendering of services in the Airport will be subject, in terms of its new classification.
Duration of the concession: 20 years from the entry into force of the concession contract; the original duration may be extended once without a further call for tenders for a maximum of half of its original duration if the Concession Holder and Concession Company have complied with all their obligations in accordance with the contract and on time.
This guarantee shall also secure the proper and timely compliance with the obligations of the Concession Holder under the provisions contained in Legislative Decree No. 1362 and regulations; or replacing or amending standards.
The preliminary section selected for the transmission line contained in the preliminary engineering project shall be assessed by the Concession Holder, who will determine the final section.
It includes Reinforcements, if executed by the Concession Holder, in accordance with the Applicable Laws and Regulations.