Public-private partnership” or "PPP definition

Public-private partnership” or "PPP means an undertaking meeting the criteria and requirements set out in article 4.1, involving a long-term, cooperative relationship between a public partner and a private partner, on the basis of a PPP contract, with shared risks and responsibilities throughout its term, for the design, development, construction, reconstruction, rehabilitation, operation and/or maintenance of public infrastructure (whether new or existing) and/or the provision of public services or services of general interest.

Related to Public-private partnership” or "PPP

Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.
Board means the Board of Directors of the Company.
Person means any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.
Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.