Service concession definition

Service concession means a public contract whereby the consideration for the provision and the management of services consists either solely in the right to provide or manage the services or in that right together with payment and whereby an operating risk encompassing demand or supply transfers to the concessionaire.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Service concession means a service concession that KCRC shall grant MergeCo to access and use the Concession Assets to provide the KCRC Services;

Service concession. (服務經營權) means an arrangement under which the rights of the Corporation to have access to, use or possess certain railways, and certain other property for the operation of those railways or the TSA bus service, are granted to the MTR Corporation Limited;

Examples of Service concession in a sentence

The unique nature of a National Park Service concession blends commercial enterprise with the treasured historic, cultural, and, natural assets that the Director is responsible for protecting.
Acquire, install and operate communication equipment dedicated to the Contractor’s On-Demand Taxicab Service concession to maintain contact between the Contractor's central dispatch system and all of its taxicab operators in the Washington DC-VA-MD SMSA as described in Exhibit A.
The unique nature of a National Park Service concession blends commercial enterprise with the treasured historic, cultural, and natural assets that the Director is responsible for protecting.
Telemig Celular holds a Mobile Cellular Service concession to provide cellular service (the "Cellular Service") in the State of Minas Gerais, in the Federative Republic of Brazil.
The nonexclusive Ground Transportation Management Service concession described by this Agreement.

More Definitions of Service concession

Service concession means a contract of the same type as a public service contract except for the fact that the consideration for the provision of services consists either in the sole right to exploit the service or in that right together with payment.

Service concession means a contract of the same kind as a service cont- ract, but which involves consideration for the services comprising wholly or in part the right to exploit the service.

Service concession means the service concession and licence granted by KCRC to the

Service concession shall have the same meaning as set out in The Concession Contracts Regulations 2016 Services: the services to be delivered by or on behalf of the Supplier under this agreement, as more particularly described in Schedule 1. Sub-Contract: any contract between the Supplier and a third party pursuant to which the Supplier agrees to source the provision of any of the Services from that third party. Sub-Contractor: the contractors or suppliers that enter into a Sub-Contract with the Supplier. Target KPI: NOT USED. Term: the period of the Initial Term as may be varied by:

Service concession means a contract of monetary interest entered into in writing by which one or more contracting authorities entrust the provision and administration of services to one or more economic operators, the remuneration of which consists in the right to use the services to which they are subject of the contract, or in that right along with the payment;

Service concession. (服務經營權) means an arrangement

Service concession. (服務經營權) means an arrangement under which the rights of KCRC to have access to, use or possess certain railways, and certain other