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How to Underline Concession Agreement

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- [Voiceover] Hello, grammarians. Hello, Paige. - [Voiceover] Hi, David. - [Voiceover] So, Paige, have you ever heard of this man Aldus Manutius? - [Voiceover] I dont think I have. Thats a pretty cool name, though. - [Voiceover] His given name was actually Aldo Manuzio. He was a Venetian printer around 1500. And this guy invented the italic typeface. - [Voiceover] What? - [Voiceover] Yeah. So, italic is this word that really just comes from Italy, right, so hes from Venice, which is in modern day Italy. And what it refers to is text that is kind of on its side, so like this. Kind of slopes to the right. Thats italic. And he was one of the first printers, so he had this movable type printing machine, this press. And he developed these letters. He cut them into pieces of metal and he developed this kind of slanted style. And today we call this the italic typeface. - [Voiceover] Wow! - [Voiceover] Actually, technically, wed call this the italic script, because its based on an earli

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How does a concession agreement work?

Under a concession agreement, the government grants a private entitythe concessionairethe exclusive right to build an asset and to operate and maintain it for the agreed term of the concession.

What are the disadvantages of concession?

Cons: Highly complex to implement and administer. May have underlying fiscal costs to the government. Negotiation between parties and finally making a project deal may require long time.

What is a concession agreement in oil and gas?

Petroleum Concession Agreement or PCA means an agreement pursuant to which the GoP grants to the parties thereto an interest in a Petroleum concession, which interest is subject to the rights, obligations, and liabilities imposed by the applicable petroleum laws of Pakistan, including the enjoyment of the exclusive

What are the benefits of concession agreements?

The major advantage of a concession is that it allows certain public assets, for which private ownership is economically inefficient and politically not possible, to be maintained and operated efficiently by private players.

What should I look for in a concession agreement?

Notes of Decisions Definitions. Conditions precedent. Representations and warranties. Covenants. Events of default. Security arrangements.

What is an example of concession agreement?

For example, a concession agreement exists between the governments of France and the U.K. and two private companies regarding the Channel Tunnel. The British Channel Tunnel Group Limited and the French France-Manche S.A. operate the Channel Tunnel, often referred to as the Chunnel under this agreement.

What is a concession arrangement?

A service concession arrangement is an arrangement whereby a government or other public sector body contracts with a private operator to develop, operate and maintain an infrastructure asset such as a road, bridge, tunnel, airport, energy distribution network, prison or hospital.

What are examples of concession agreements?

For example, a concession agreement exists between the governments of France and the U.K. and two private companies regarding the Channel Tunnel. The British Channel Tunnel Group Limited and the French France-Manche S.A. operate the Channel Tunnel, often referred to as the Chunnel under this agreement.

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