Termination Due to Force Majeure Event. (i) If the termination is due to a Non Political Event, compensation payable to the Concessionaire shall be the lower of the Book Value or the Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire under this Agreement LESS all insurance claims received or admitted.
Appears in 5 contracts
Samples: Draft Concession Agreement, Concession Agreement, Concession Agreement
Termination Due to Force Majeure Event. (i) If the termination is due to a Non Political Event, compensation payable to the Concessionaire shall be the lower of the Book Value or the 90% (ninety percent) of Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire under this Agreement LESS all insurance claims received or admitted.
Appears in 2 contracts
Samples: Escrow Agreement, Escrow Agreement
Termination Due to Force Majeure Event. (i) i. If the termination is due to a Non Non-Political Event, compensation Termination Payment payable to the Concessionaire shall be the lower 90% of the Book Value or the Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire under this Agreement LESS all insurance claims insuranceclaims received or admitted.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Termination Due to Force Majeure Event. (i) If the termination is due to a Non Political Event, compensation Termination Payment payable to the Concessionaire shall be the lower 90% of the Book Value or the Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire under this Agreement LESS all insurance claims received or admitted.
Appears in 1 contract
Samples: Model Concession Agreement
Termination Due to Force Majeure Event. (i) If the termination is due to a Non Political Event, compensation payable to the Concessionaire Operator shall be the lower of the Book Value or the Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire Operator under this Agreement LESS all insurance claims received or admitted.
Appears in 1 contract
Samples: Substitution Agreement
Termination Due to Force Majeure Event. (i) i. If the termination is due to a Non Political Event, compensation payable to the Concessionaire shall be the lower of the Book Value or the Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire under this Agreement LESS all insurance claims received or admitted.
Appears in 1 contract
Samples: Concession Agreement
Termination Due to Force Majeure Event. (i) i. If the termination is due to a Non Political Event, compensation Termination Payment payable to the Concessionaire shall be the lower 90% of the Book Value or the Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire under this Agreement LESS all insurance claims received or admitted.
Appears in 1 contract
Samples: Concession Agreement
Termination Due to Force Majeure Event. (ia) If the termination is due to a Non Political Event, compensation payable to the Concessionaire shall be the lower of the Book Value or the Debt Due LESS any amount due to the Concessioning Authority by the Concessionaire under this Agreement LESS all insurance claims received or admitted.
Appears in 1 contract
Samples: Management and Development Agreement
