Concession Value definition

Concession Value means the net effect that a Specified Contract will have on the Obligors' consolidated revenue and cost structure during a specified period of time, being the sum of the aggregate increase in revenues and the aggregate cost savings that will be realized from such Specified Contract during such time period, as set forth in the Application and summarized on Schedule 4.15(b).
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Concession Value means the fair market value of the Concessionaire’s Interest, as determined by the Appraiser under Section 20.4(f), which shall be calculated as the sum of the fair market value of the projected Distributions for the remainder of the Term without taking into consideration any termination of this Agreement pursuant to Section 20 or the events leading thereto and the fair market value of any Permitted Indebtedness of the Concessionaire outstanding as of the date of the calculation, and will include Concessionaire Damages for adverse Net Cost Impacts and Net Revenue Impacts accruing after the effective date of termination from Unforeseen Events that occurred prior to termination. The fair market value determination made by the Appraiser shall take into account (i) the terms and conditions of this Agreement, (ii) projected cash flows and projected costs of the Project for the remainder of the Term had the relevant Authority Default or AGS Determination not occurred and this Agreement not been terminated, (iii) the condition of the Plant immediately prior to the occurrence of the applicable Authority Default or AGS Determination, (iv) the status of the LNG SPAs and LNG TSAs immediately prior to the Authority Default or AGS Determination and whether any LNG Purchaser is in breach or default of its obligations thereunder or any such LNG SPA or LNG TSA has been terminated and (v) assuming Concessionaire had fully performed all of its obligations under this Agreement and the other Transaction Documents to which it is a party. Concessionaire has the meaning ascribed thereto in the preamble to this Agreement.
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Examples of Concession Value in a sentence

  • Notwithstanding Section 12.11(a), such payment amount shall in no event be offset against any obligation of the City to pay the Metered Parking System Concession Value pursuant to this Agreement.

  • The Specified Contracts are reasonably expected by the Borrower and Group to result in the aggregate Concession Value summarized on Schedule 4.15(b).

  • The Concessionaire shall have no right to have the Closing Consideration returned to it or refunded at any time after Closing, provided that, for the avoidance of doubt, this Section 2.9 shall not prohibit, preclude or adversely affect the Concessionaire’s rights to compensation expressly set forth herein, including the right to receive the full Utility System Concession Value in those instances expressly set forth herein.

  • Nothing in this Section 19.8(b) shall diminish or release the City from their obligations under this Agreement, or alter or modify any of their obligations under this Agreement, to pay the System Concession Value or any other amounts arising hereunder, notwithstanding their inability to lease or borrow any funds.