Concession Year means each successive twelve (12) month period during the Concession Term hereof.
Concession Year means each successive twelve months period during the concession term.
Concession Year means each successive twelve months period during the Concession Term starting from Concession Term Commencement Date.
Examples of Concession Year in a sentence
Accordingly, Quoted Annual Guarantee (QAG) and Progressive Revenue Share shall be determined to arrive at Annual Concession Fees for a particular Concession Year.
Each twelve (12) month period, or portion thereof, shall be considered a Concession Year.
For the second Concession Year, two times of QG per PAX shall be guaranteed amount per international passenger.
For the first Concession Year, QG per PAX shall be the guaranteed amount per domestic passenger quoted by the Selected Bidder.
Once the sum of Concession Fee payments remitted has reached the MAG in any given Concession Year, the CONCESSIONAIRE may cease remittance of the 1/12th of the respective year’s MAG on the first (1st) day of each month for the remainder of that Concession Year.
More Definitions of Concession Year
Concession Year means (i) if the Closing Date occurs on the first day of a calendar month, the 12-month period beginning on the Closing Date or (ii) if the Closing Date does not occur on the first day of a calendar month, the period from the Closing Date through the end of the calendar month in which the Closing Date occurred and the next succeeding 12-month period and, in either case of clause (i) or (ii), each succeeding 12-month period and in any case ending on the End Date.
Concession Year means a period of twelve (12) consecutive months according to the Gregorian calendar starting on the Effective Date of this Agreement or on any anniversary of said Effective Date.
Concession Year means any given year, forming part of the Concession Period, commencing on the date and month of the Appointed Date and ending on a day prior to the said date and month of the each Subsequent Year. For example in the event the Appointed Date is December 30, 2016, the first Concession Year shall end on December 29, 2017.
Concession Year means in respect of the first Concession Year the period commencing from the Compliance Date and ending on the day falling at the end of one year from the Compliance Date and subsequently each one year period thereafter provided that the final Concession Year shall end on the Transfer Date;
Concession Year means the period commencing from the Effective Date (i.e. the date of the execution of MTD Prime Concession Agreement) and ending on 31 December 1994 and thereafter each period of one year ending on 31 December but so that the final Concession Year shall end on the Termination Date (i.e. the date of expiry or termination of the Concession).
Concession Year means each of the following periods within the Concession Period:
Concession Year means a period of twelve Months commencing on the Commencement Date, or any anniversary of the Commencement Date; 1.1.8 “Concessionaire’s Representative” means the person designated as such in the Appendix or as notified by the Concessionaire to Network Rail; 1.1.9 “Confidential Information” means any information which has been designated as confidential by either Party in writing or that ought reasonably to be considered as confidential, however it is conveyed, including information that relates to the business, affairs, developments, trade secrets, know-how, personnel, affiliates and suppliers (including Sub-contractors) of either Party, including IPRs, together with all information derived from the above, and any other information clearly designated as being confidential (whether or not it is marked as “confidential”) or which ought reasonably to be considered to be confidential; 1.1.10 “Contract Requirements HSEA Conditions” means the document described as such and referred to in this Agreement; 1.1.11 “Contracting Authority” means any contracting authority as defined in Regulation 4 of the Concession Contracts Regulations 2016; 1.1.12 “Crown” means the government of the United Kingdom (including the Northern Ireland Executive Committee and Northern Ireland Departments, the Scottish Government and the National Assembly for Wales), including government ministers, government departments, government and particular bodies and government agencies;