Concession Payments and Increase Sample Clauses

The 'Concession Payments and Increase' clause defines the terms under which payments are made by a concessionaire to the grantor, as well as the conditions for adjusting these payments over time. Typically, this clause outlines the schedule, method, and calculation of concession fees, and may specify triggers for increases, such as inflation, revenue benchmarks, or periodic reviews. Its core function is to ensure that the financial obligations of the concessionaire remain fair and sustainable throughout the contract, while providing a mechanism for the grantor to receive appropriate compensation as circumstances change.