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.

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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

• For clarity, the foregoing shall not include matters related to the good standing of the Local Branch 1or matters that would be required to rectify the Berlin Concessions Title Matter or the Tax Matter.

• To such extent, the Products it owns or has right to in the present or in the future, as a result of any event or act emanating from, or related to the exploration and exploitation of, the Concessions, the Concession Applications and the Granted Concessions, shall be covered by this Agreement and shall constitute Collateral hereunder.

• The Payor shall have no obligation hereunder to the Royalty Holder or otherwise to mine any of the Concessions.

• In the event that one or more of the Concessions, the Granted Concessions and/or the Concession Applications is terminated, declared null, void, ineffective under Colombian Law, such declaration will not entail the annulment, inefficacy, invalidity, or illegality of the Collateral and the pledge regarding the remaining Concessions, the Granted Concessions and/or the Concession Applications.

• Commencing as of the date that the Concessions start producting Products, the Payor agrees to pay the Royalty to the Royalty Holder on a quarterly basis.

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 public works concessions, works concessions or services concessions.

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

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