Termination of the Concession Sample Clauses

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Termination of the Concession. 1. [**]† 2. [**]†
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Termination of the Concession. 1. The termination of the concession granted to the Concessionaire before the term referred to in Article 8 of this Subconcession Contract does not imply the termination of the Subconcession granted under this Subconcession Contract. 2. In case of the preceding paragraph, the government will make efforts to the transference of the position of the Concessionaire in this Subconcession Contract to other of the Concessionaires granted with a license to operate casinos game of chance and games of other forms in casino.
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Termination of the Concession. CLAUSE 26.
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Termination of the Concession. If during the term of this Agreement the Concession Agreement is terminated for whatever reason, the proceeds derived from the termination of said agreement ("Termination Proceeds") payable to the Company by CTBC in accordance with the Concession Agreement and the applicable laws shall be immediately distributed by the Company to its Shareholders as cash dividends.
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Termination of the Concession. CLAUSE THIRTY-ONE - The Concession shall be terminated due to:
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Termination of the Concession. 13.1. The Concession will be considered extinct, observing the specific legal norms, when it occurs: 13.1.1. expiration of the agreement's term; 13.1.2. takeover; 13.1.3. forfeiture; 13.1.4. termination; 13.1.5. annulment; 13.1.6. re-bidding; or 13.1.7. bankruptcy or dissolution of the Concessionaire; 13.2. In addition to the hypotheses provided for in item 13.1, the occurrence of a fortuitous event or force majeure, regularly proven and impeding the execution of the Agreement, may lead to the extinction of the concession. 13.3. In the event of termination of the Concession, ANAC may: 13.3.1. take over the provision of the services granted, in the place and in the state in which it is; 13.3.2. occupy and use the premises, facilities, equipment, materials and human resources employed in the execution of the services, necessary for its continuity; 13.3.3. apply the applicable penalties, mainly for the reversal of assets in disagreement with the terms of this agreement; and 13.3.4. retain and execute the contractual guarantees, to receive administrative fines and compensation for damages caused by the Concessionaire. 13.4. During the term of the Agreement, ANAC and third parties will be authorized to conduct studies and technical visits to promote or continue new bidding procedures. 13.5. Two years before the expiration of the term of the Contract, the Concessionaire shall submit to ANAC the technical and administrative documentation, as well as the necessary operational guidelines. 13.6. At the end of the Concession, ANAC will inspect the Airport and draw up the Definitive Receipt Term of its operation. Upon the issuance of this Term, the Concessionaire shall transfer to the Federal Government, or to whom it indicates, the operation of the Airport. 13.7. Once the Concession has been terminated, the reversible assets shall be automatically returned to the Federal Government, in accordance with the regulations. 13.8. Upon termination of the Concession, the assets to be reverted to the Federal Government shall be free and clear of any liens or charges. 13.9. In any case of termination of the Concession, the Concessionaire must prepare a complete inventory of all assets linked to the Concession and deliver to ANAC within the requested period. Section I - Advent of the Contract Term 13.10. The termination of the contractual term will imply, by right, the extinction of the Concession. 13.11. The Concessionaire shall take all reasonable measures and fully cooperate...
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Termination of the Concession. One. The termination of the concession granted to the concessionaire before the period mentioned in Clause 8 of this subconcession contract, does not imply the termination of the subconcession granted by this subconcession contract.
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Termination of the Concession. 1. The termination of the concession granted to the concessionaire before the date foreseen in article 8 of this Subconcession Contract shall not determine the termination of the subconcession granted under this Subconcession contract. 2. In the case mentioned in the preceding paragraph, the Government shall use its best efforts to transfer the position of the concessionaire in this Subconcession Contract to another concessionaire for the operation of games of chance and other games in casino. CHAPTER 23 TRANSITIONAL PROVISIONS Article 95 Occupational Training Plan 1. The Subconcessionaire must prepare the occupational training plan for employees who hold posts in the operation of the business covered by the subconcession within the time limit prescribed by the government. 2. The Subconcessionaire must deliver to the government any other additional documents or materials with respect to the plan referred to in the preceding paragraph within the stipulated time limit.
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Termination of the Concession is not to prejudice or affect the accrued rights or claims and liabilities of the parties.
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Related to Termination of the Concession

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • Termination and Suspension of the Contract The Competent Body shall suspend the Contract in a binding order if: o The License is suspended; o There is a direct threat to life or health of the people working or residing in a zone influenced by the operations under the Contract;

  • Termination of the Company Upon the voluntary termination of the Company upon the consent of the Members, the sale or other transfer of all or substantially all of the Company's assets or any other termination of the Company in accordance with the provisions of this Agreement, the Company shall wind up its affairs and shall then be liquidated as provided in Article 13.

  • Duration of the contract framework agreement or dynamic purchasing system II.2.10) Information about variants II.2.11) Information about options

  • Sole purpose of the Concessionaire The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the Authority, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.