Minimum Equity requirements. a The aggregate shareholding of the Consortium Members along with their Associates (in case of Consortium) or Associate/s (in case of Individual Bidder) in the subscribed and paid up equity share capital of the Concessionaire shall be not less than: i 100% (one hundred percent) for a period until the Commercial Operations Date.
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement