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FIRST AMENDMENT TO ECONOMIC DEVELOPMENT AGREEMENT This FIRST AMENDMENT TO ECONOMIC DEVELOPMENT AGREEMENT (the First Amendment) is made and entered into as of the day of, 2020, by and among the CITY

How to fill out amendment of concession agreement

How to fill out amendment of concession agreement

1. To fill out an amendment of concession agreement, follow these steps:
2. Review the original concession agreement thoroughly to understand the amendments required.
3. Identify the specific sections or clauses that need modifications.
4. Prepare the amendment document using a word processing software.
5. Clearly state the parties involved in the amendment, including their full legal names and contact details.
6. Describe the amendments in detail, specifying the changes to be made in each section or clause.
7. Include any additional terms or conditions related to the amendments, if applicable.
8. Sign the amendment document after ensuring all parties involved have reviewed and agreed upon its content.
9. Date the amendment document and include a reference to the original concession agreement.
10. Keep a copy of the amendment document for all parties involved.
11. Submit the filled-out amendment document to the appropriate authorities or relevant parties as per the requirements.
12. Follow any additional procedures or instructions provided by the governing authorities or relevant parties for processing the amendment.
13. Keep proper documentation and records of the amendment process for future reference.

Who needs amendment of concession agreement?

1. The following parties typically require an amendment of concession agreement:
2. - Concession grantors: These are the entities or organizations that granted the original concession agreement.
3. - Concessionaires: These are the entities or organizations that hold the concession rights specified in the original agreement.
4. - Regulatory authorities: In certain cases, regulatory authorities may require amendments to ensure compliance or address changing circumstances.
5. - Relevant government entities: If the concession agreement involves public services or infrastructure, government entities may require amendments for public interest or policy reasons.
6. - Any party involved in the original concession agreement that needs to modify its terms and conditions due to changing circumstances, new requirements, or mutual agreement.

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What is amendment of concession agreement?

An amendment of concession agreement is a change or modification made to the original terms and conditions of a concession agreement.

Who is required to file amendment of concession agreement?

The parties involved in the concession agreement are required to file an amendment if there are any changes to the initial agreement.

How to fill out amendment of concession agreement?

To fill out an amendment of concession agreement, the parties need to specify the changes being made, provide a rationale for the changes, and include any necessary signatures.

What is the purpose of amendment of concession agreement?

The purpose of an amendment of concession agreement is to reflect any changes to the initial agreement and ensure that all parties are aware of the modifications.

What information must be reported on amendment of concession agreement?

The information to be reported on an amendment of concession agreement includes the changes being made, the reasons for the changes, and the effective date of the modifications.