Common use of Extension of Concession Period Clause in Contracts

Extension of Concession Period. The Concession Period may be extended by mutual agreement of the Parties either on the same terms and conditions, or on modified terms and conditions. Provided that, any such mutually agreed extension of the Concession Period shall be recorded in writing, by way of an amendment to this Agreement, by no later than [30 (thirty)] days prior to the expiry of the Concession Period.

Appears in 3 contracts

Sources: Concession Agreement, Concession Agreement, Concession Agreement