Common use of Grant of Concession Clause in Contracts

Grant of Concession. 3.1 The Concession (“Concession”) 3.1.1 Subject to and in accordance with the terms and conditions set forth in this Concession Agreement, the Authority hereby grants to the Concessionaire and the Concessionaire hereby accepts the Concession for a period of 15 (fifteen) years, commencing from the Appointed Date, including the exclusive right, license, authority and authorization during the subsistence of this Agreement, including extension thereof, to design, build, finance, operate, maintain and manage the Project during the Concession Period. 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Concession hereby granted shall oblige or entitle (as the case may be) the Concessionaire to: a. Right of way, access and license to the Site for the purpose of and to the extent conferred by the provisions of this Agreement; b. design, finance and construct the Project Facilities; c. manage, operate and maintain the Project Facilities and regulate the use thereof by third parties; d. demand, collect and appropriate Project Revenues from guests and users, liable for payment of Commercial Charge, for using the Project Facilities or any part thereof and refuse entry of guests if the Commercial Charges due is not paid; e. perform and fulfil all of the Concessionaire's obligations under and in accordance with this Agreement; f. bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Concessionaire under this Agreement; and g. neither assign, transfer or sublet, or create any lien or Encumbrance on this Agreement, or on the Concession hereby granted, or on the whole or any part of the Project; nor transfer, or part with the possession of the Project Site thereof, save and except as expressly permitted by this Agreement or the Substitution Agreement; h. to enter into sub-contracts, joint development agreement, development management agreements, sub lease or any other kind of arrangements with regards to design, planning, construction, implementation or operations and maintenance of Optional Project Facilities during the term of the Agreement and in a way that does not contravene any of the underlying terms of the Concession under this Agreement.

Grant of Concession. 3.1 The Concession 3.1.1 Subject to and in accordance with the provisions of this Agreement, Applicable Laws and Applicable Permits, the Authority hereby grants to the Concessionaire the concession set forth herein including the exclusive right, license and authority to construct, operate and maintain the Project (the “Concession”) 3.1.1 Subject ) during the Construction Period of 1095(One thousand and ninety fifth) days and Operation Period of 15 (Fifteen) years commencing from COD, and the Concessionaire hereby accepts the Concession and agrees to implement the Project subject to and in accordance with the terms and conditions set forth in this Concession Agreement, the Authority hereby grants to the Concessionaire and the Concessionaire hereby accepts the Concession for a period of 15 (fifteen) years, commencing from the Appointed Date, including the exclusive right, license, authority and authorization during the subsistence of this Agreement, including extension thereof, to design, build, finance, operate, maintain and manage the Project during the Concession Periodherein. 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Concession hereby granted shall oblige or entitle (as the case may be) the Concessionaire to: a. (a) Right of wayWay, access and license to the Site for the purpose of and to the extent conferred by the provisions of this Agreement; b. design, (b) finance and construct the Project FacilitiesProject; c. (c) manage, operate and maintain the Project Facilities and regulate the use thereof by third partiesProject; d. demand, collect and appropriate Project Revenues from guests and users, liable for payment of Commercial Charge, for using the Project Facilities or any part thereof and refuse entry of guests if the Commercial Charges due is not paid; e. (d) perform and fulfil fulfill all of the Concessionaire's ’s obligations under and in accordance with this Agreement; f. (e) save as otherwise expressly provided in this Agreement, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Concessionaire under this Agreement; and g. (f) neither assign, transfer or sublet, sublet or create any lien or Encumbrance encumbrance on this Agreement, or on the Concession hereby granted, granted or on the whole or any part of the Project; Project nor transfer, lease or part with the possession of the Project Site thereof, save and except as expressly permitted by this Agreement or the Substitution Agreement; h. to enter into sub-contracts, joint development agreement, development management agreements, sub lease or any other kind of arrangements with regards to design, planning, construction, implementation or operations and maintenance of Optional Project Facilities during the term of the Agreement and in a way that does not contravene any of the underlying terms of the Concession under this Agreement.

Grant of Concession. 3.1 The Concession 3.1.1 Subject to and in accordance with the provisions of this Agreement, Applicable Laws and the Applicable Permits, the Authority hereby grants to the Concessionaire the concession set forth herein including the exclusive right, licence and authority to construct, operate and maintain the Project (the “Concession”) 3.1.1 Subject ” ) for a period of 21 (twenty one) years commencing from the Appointed Date, and the Concessionaire hereby accepts the Concession and agrees to implement the Project subject to and in accordance with the terms and conditions set forth in this Concession Agreement, the Authority hereby grants to the Concessionaire and the Concessionaire hereby accepts the Concession for a period of 15 (fifteen) years, commencing from the Appointed Date, including the exclusive right, license, authority and authorization during the subsistence of this Agreement, including extension thereof, to design, build, finance, operate, maintain and manage the Project during the Concession Period.herein: 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Concession hereby granted shall oblige or entitle (as the case may be) the Concessionaire to: a. (a) Right of wayWay, access and license licence to the Site for the purpose of and to the extent conferred by the provisions of this Agreement; b. design, (b) finance and construct the Project FacilitiesHighway; c. (c) manage, operate and maintain the Project Facilities Highway and regulate the use thereof by third parties; d. (d) demand, collect and appropriate Project Revenues Fee from guests vehicles and users, Users liable for payment of Commercial Charge, Fee for using the Project Facilities Highway or any part thereof and refuse entry of guests any vehicle if the Commercial Charges Fee due is not paid; e. (e) perform and fulfil all of the Concessionaire's obligations under and in accordance with this Agreement; f. (f) save as otherwise expressly provided in this Agreement, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Concessionaire under this Agreement; and g. (g) neither assign, transfer or sublet, sublet or create any lien or Encumbrance encumbrance on this Agreement, or on the Concession hereby granted, granted or on the whole or any part of the Project; Project Highway nor transfer, lease or part with the possession of the Project Site thereof, save and except as expressly permitted by this Agreement or the Substitution Agreement; h. to enter into sub-contracts, joint development agreement, development management agreements, sub lease or any other kind of arrangements with regards to design, planning, construction, implementation or operations and maintenance of Optional Project Facilities during the term of the Agreement and in a way that does not contravene any of the underlying terms of the Concession under this Agreement. .

Grant of Concession. 3.1 The Concession Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, the Authority hereby grants to the Concessionaire the concession set forth herein including the exclusive right, licence and Authority during the subsistence of this Agreement to construct, operate and maintain the Project (the “Concession”) 3.1.1 Subject ) for a period of 20 (twenty) years commencing from the Appointed Date, and the Concessionaire hereby accepts the Concession and agrees to implement the Project subject to and in accordance with the terms and conditions set forth in this Concession Agreement, the Authority hereby grants to the Concessionaire and the Concessionaire hereby accepts the Concession for a period of 15 (fifteen) years, commencing from the Appointed Date, including the exclusive right, license, authority and authorization during the subsistence of this Agreement, including extension thereof, to design, build, finance, operate, maintain and manage the Project during the Concession Period. 3.1.2 herein: Subject to and in accordance with the provisions of this Agreement, the Concession hereby granted shall oblige or entitle (as the case may be) the Concessionaire to: a. : Right of wayWay, access and license licence to the Site for the purpose of and to the extent conferred by the provisions of this Agreement; b. design, ; finance and construct the Project Facilities; c. Highway; manage, operate and maintain the Project Facilities Highway and regulate the use thereof by third parties; d. ; demand, collect and appropriate Project Revenues Fee from guests vehicles and users, persons liable for payment of Commercial Charge, Fee for using the Project Facilities Highway or any part thereof and refuse entry of guests any vehicle if the Commercial Charges Fee due is not paid; e. ; perform and fulfil all of the Concessionaire's ’s obligations under and in accordance with this Agreement; f. ; bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Concessionaire under this Agreement; and g. and neither assign, transfer or sublet, sublet or create any lien or Encumbrance on this Agreement, or on the Concession hereby granted, granted or on the whole or any part of the Project; Project Highway nor transfer, lease or part with the possession of the Project Site thereof, save and except as expressly permitted by this Agreement or the Substitution Agreement; h. to enter into sub-contracts, joint development agreement, development management agreements, sub lease or any other kind of arrangements with regards to design, planning, construction, implementation or operations and maintenance of Optional Project Facilities during the term of the Agreement and in a way that does not contravene any of the underlying terms of the Concession under this Agreement.

Grant of Concession. 3.1 The Concession 3.1.1 Subject to and in accordance with the provisions of this Agreement, Applicable Laws and the Applicable Permits, the Authority hereby grants to the Concessionaire the concession set forth herein including the exclusive right, licence and authority to construct, operate and maintain the Project (the “Concession”) 3.1.1 Subject ” ) for a period of 14 (fourteen years) years commencing from the Appointed Date, and the Concessionaire hereby accepts the Concession and agrees to implement the Project subject to and in accordance with the terms and conditions set forth in this Concession Agreement, the Authority hereby grants to the Concessionaire and the Concessionaire hereby accepts the Concession for a period of 15 (fifteen) years, commencing from the Appointed Date, including the exclusive right, license, authority and authorization during the subsistence of this Agreement, including extension thereof, to design, build, finance, operate, maintain and manage the Project during the Concession Period.herein: 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Concession hereby granted shall oblige or entitle (as the case may be) the Concessionaire to: a. (a) Right of wayWay, access and license licence to the Site for the purpose of and to the extent conferred by the provisions of this Agreement; b. design, (b) finance and construct the Project FacilitiesHighway; c. (c) manage, operate and maintain the Project Facilities Highway and regulate the use thereof by third parties; d. (d) demand, collect and appropriate Project Revenues Fee from guests vehicles and users, Users liable for payment of Commercial Charge, Fee for using the Project Facilities Highway or any part thereof and refuse entry of guests any vehicle if the Commercial Charges Fee due is not paid; e. (e) perform and fulfil all of the Concessionaire's obligations under and in accordance with this Agreement; f. (f) save as otherwise expressly provided in this Agreement, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Concessionaire under this Agreement; and g. (g) neither assign, transfer or sublet, sublet or create any lien or Encumbrance encumbrance on this Agreement, or on the Concession hereby granted, granted or on the whole or any part of the Project; Project Highway nor transfer, lease or part with the possession of the Project Site thereof, save and except as expressly permitted by this Agreement or the Substitution Agreement; h. to enter into sub-contracts, joint development agreement, development management agreements, sub lease or any other kind of arrangements with regards to design, planning, construction, implementation or operations and maintenance of Optional Project Facilities during the term of the Agreement and in a way that does not contravene any of the underlying terms of the Concession under this Agreement. .

Grant of Concession. 3.1 The Concession (“Concession”) 3.1.1 Subject to and in accordance with the terms and conditions set forth in this Concession Agreement, the Concessioning Authority hereby grants to the Concessionaire and the Concessionaire hereby accepts the Concession for a period of 15 60 (fifteenSixty) years, commencing from the Appointed Date, including the exclusive right, license, authority and authorization during the subsistence of this Agreement, including extension thereof, to design, build, finance, operate, maintain and manage the Project during the Concession Period. 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Concession hereby granted shall oblige or entitle (as the case may be) the Concessionaire to: a. a) Right of way, access and license to the Site for the purpose of and to the extent conferred by the provisions of this Agreement; b. b) design, finance and construct the Project Facilities; c. c) manage, operate and maintain the Project Facilities and regulate the use thereof by third parties; d. d) market the Project and enter into Membership Agreements with Club Members. e) demand and collect the Membership Fee from the Club Members and retain appropriate sums as per this Agreement. f) demand, collect and appropriate Project Revenues from guests and users, liable for payment of Commercial Charge, for using the Project Facilities or any part thereof and refuse entry of guests if the Commercial Charges due is not paid; e. g) perform and fulfil all of the Concessionaire's obligations under and in accordance with this Agreement; f. h) bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Concessionaire under this Agreement; and g. i) neither assign, transfer or sublet, or create any lien or Encumbrance on this Agreement, or on the Concession hereby granted, or on the whole or any part of the Project; nor transfer, or part with the possession of the Project Site thereof, save and except as expressly permitted by this Agreement or the Substitution Agreement; h. j) to enter into sub-contracts, joint development agreement, development management agreements, sub lease or any other kind of arrangements with regards to design, planning, construction, implementation or operations and maintenance of Optional Project Facilities during the term of the Agreement and in a way that does not contravene any of the underlying terms of the Concession under this Agreement.

Grant of Concession. 3.1 The Concession 3.1.1 Subject to and in accordance with the provisions of this Agreement, Applicable Laws and the Applicable Permits, the Authority hereby grants to the Concessionaire the concession set forth herein including the exclusive right, licence and authority to construct, operate and maintain the Project (the “Concession”) 3.1.1 Subject ” ) for a period of 19 (nineteen) years commencing from the Appointed Date, and the Concessionaire hereby accepts the Concession and agrees to implement the Project subject to and in accordance with the terms and conditions set forth in this Concession Agreement, the Authority hereby grants to the Concessionaire and the Concessionaire hereby accepts the Concession for a period of 15 (fifteen) years, commencing from the Appointed Date, including the exclusive right, license, authority and authorization during the subsistence of this Agreement, including extension thereof, to design, build, finance, operate, maintain and manage the Project during the Concession Period.herein: 3.1.2 Subject to and in accordance with the provisions of this Agreement, the Concession hereby granted shall oblige or entitle (as the case may be) the Concessionaire to: a. (a) Right of wayWay, access and license licence to the Site for the purpose of and to the extent conferred by the provisions of this Agreement; b. design, (b) finance and construct the Project FacilitiesHighway; c. (c) manage, operate and maintain the Project Facilities Highway and regulate the use thereof by third parties; d. (d) demand, collect and appropriate Project Revenues Fee from guests vehicles and users, Users liable for payment of Commercial Charge, Fee for using the Project Facilities Highway or any part thereof and refuse entry of guests any vehicle if the Commercial Charges Fee due is not paid; e. (e) perform and fulfil all of the Concessionaire's obligations under and in accordance with this Agreement; f. (f) save as otherwise expressly provided in this Agreement, bear and pay all costs, expenses and charges in connection with or incidental to the performance of the obligations of the Concessionaire under this Agreement; and g. (g) neither assign, transfer or sublet, sublet or create any lien or Encumbrance encumbrance on this Agreement, or on the Concession hereby granted, granted or on the whole or any part of the Project; Project Highway nor transfer, lease or part with the possession of the Project Site thereof, save and except as expressly permitted by this Agreement or the Substitution Agreement; h. to enter into sub-contracts, joint development agreement, development management agreements, sub lease or any other kind of arrangements with regards to design, planning, construction, implementation or operations and maintenance of Optional Project Facilities during the term of the Agreement and in a way that does not contravene any of the underlying terms of the Concession under this Agreement. .