Concessions definition

Concessions means assent to repayment of a debt on terms more favorable to an individual than the terms of the contract between the individual and a creditor.

Concessions means: (i) rental abatements, (ii) “free” rent, (iii) inducements, and (iv) other incentives.

Concessions means works or services concessions, as defined in points (a) and (b):

Examples of Concessions in a sentence

• Voir également, Plateau continental de la mer du Nord, préc., § 47.420 CPJI, arrêt, 30 août 1924, Concessions Mavrommatis en Palestine (Grèce c/ Royaume-Uni), CPJI, série A, n° 2, p.

• The Group has applied the following amendments to HKFRSs issued by the HKICPA for the first time, which are mandatorily effective for the annual period beginning on or after 1 April 2021 for the preparation of the consolidated financial statements: Amendments to HKFRS 9, HKAS 39, HKFRS 7, HKFRS 4 and HKFRS 16 Interest Rate Benchmark Reform – Phrase 2 In addition, the Group has early applied the Amendments to HKFRS 16 COVID-19 Related Rent Concessions beyond 30 June 2021.

• ADOPTION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS (Continued) (a) Application of new and revised HKFRSs (Continued) Amendment to HKFRS 16, COVID-19-Related Rent Concessions The Group previously applied the practical expedient in HKFRS 16 such that as lessee it was not required to assess whether rent concessions occurring as a direct consequence of the COVID-19 pandemic were lease modifications, if the eligibility conditions are met (see note 4(l)).

• For example: European Bank for Reconstruction and Development, Core Principles for a Modern Concessions Law – selection and justification of principles prepared by the EBRD Legal Transition Team, 2005.

• Indeed, it must be emphasized from the outset that public procurement contracts and PPPs are today governed by standards of different legal force, public procurement contracts being now essentially subject to hard law or codified principles under international instruments (GPA, Trade agreements, EU Directives), while PPPs are still characterized by an abundance of soft law instruments9, even if a turning point can already be detected with the European Directive on Concessions enacted in 2014.

More Definitions of Concessions

Concessions means, for any period of determination, the value of concessions (other than free Rent) provided with respect to the Properties by Borrower (or, for the period prior to the Closing Date, by Borrower’s Affiliates that owned the Properties).

Concessions means, for any period of determination, the concessions (other than free Rent) provided with respect to the Properties by Borrower, as determined in accordance with GAAP.

Concessions means public works concessions, works concessions or services concessions.

Concessions means all above-market amounts paid or foregone by Borrower directly to or on behalf of any tenant for the purpose of inducing such tenant to enter into a lease, including, without limitation, tenant improvement allowances, moving expenses, free rent periods or abatements, and/or assumptions or buyouts of the tenant’s obligations under other leases. (The term “above-market” shall be understood to mean amounts in excess of those assumed in the then most recent Appraisal.) Lender shall have the right to adjust any Concessions based, in part and as applicable, upon assumptions set forth in the then most current Appraisal. All Concessions shall be amortized over the full lease term.

Concessions means assent to repayment of a debt on terms more favorable to an

Concessions means popcorn, candy, and other food and beverage items sold at the concession stands in Theatres.

Concessions means F&B Concessions, Team Merchandise sold or provided at the Arena, and Non-Team Merchandise.