Master Concessionaire definition

Master Concessionaire means the Selected Bidder, who is either a company incorporated under the Companies Act, 2013 or undertakes to incorporate as such prior to the execution of Concession Agreement, pursuant to which it shall be granted the Concession to develop, market, setup, operate, maintain and manage a category of concession viz. general retail, food & beverages, duty free outlets or as may be decided from time to time.
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Examples of Master Concessionaire in a sentence

  • All food and beverage service must be discussed with and approved by Spectra, the OCFEC Master Concessionaire.

  • Fairplex has a contractual agreement with Master Concessionaire, Ovations Fanfare, L.P. d/b/a Spectra Food Services & Hospitality to be the exclusive provider of concession services at ALL events produced at Fairplex.

  • Event Producer agrees to purchase all food and beverage including alcoholic beverages for each suite area at cost plus ten percent (10%) from Spectra, the OCFEC Master Concessionaire.

  • Subject to the satisfaction of the condition precedent mentioned above, the Master Concessionaire Counter Agreement shall be for a term of three years from 1 July 2009.

  • Accordingly, NWDS and CTF Jewellery agree to enter into the Master Concessionaire Counter Agreement.

  • The NWD Directors consider that the terms of the Master Concessionaire Counter Agreement have been negotiated on an arm’s length basis and on normal commercial terms and are fair and reasonable and in the interests of the NWD Group, the NWDS Group and the NWD Shareholders as a whole and that the NWD Concessionaire Annual Caps are fair and reasonable and in the interests of the NWD Group, the NWDS Group and the NWD Shareholders as a whole.

  • Subject to the compliance of the Listing Rules by NWDS and CTFJ, the Master Concessionaire Counter Agreement will be automatically renewed for three years from the Concessionaire Renewal Date.

  • As NWDS is a subsidiary of NWD, the NWD Directors believe that the NWD Group will also benefit as a result of NWDS entering into the Master Concessionaire Counter Agreement.

  • The NWD Directors (including the independent non-executive NWD Directors) consider that the Annual Caps in respect of the Master Concessionaire Counter Agreement are fair and reasonable and in the interest of NWD and its shareholders as a whole.

  • If the above condition is not fulfilled by 1 July 2009 or such later date as may be agreed by the parties to the Master Concessionaire Counter Agreement, the Master Concessionaire Counter Agreement shall be terminated with immediate effect and none of the parties thereto shall have rights against the other party except in relation to any antecedent breach of the Master Concessionaire Counter Agreement.

Related to Master Concessionaire

  • Concessionaire means an entity that has a concession agreement with a licensed entity.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.

  • Marijuana concentrate means any type of marijuana product consisting wholly or in part of

  • occupier in relation to a property, shall mean a person in actual occupation of the property, whether or not that person has a right to occupy the property.

  • Marijuana retailer means a person who sells marijuana items to a consumer in this state.