Concession definition

Concession means the granting of a license or right to act for or on behalf of the Board, or to provide a service requiring the approval or endorsement of the Board, and which may or may not involve a payment or exchange, or provision of services by or to the Board, provided that the term concession shall not include vending machines.

Concession means a concession, rebate, subsidy or grant related to the supply of gas available to residential customers only.

Concession means the granting of a license or right to act

Examples of Concession in a sentence

• Save and except as otherwise expressly provided in this Agreement, in the event that the Project or any part thereof suffers any loss or damage during the Concession Period from any cause whatsoever, the Concessionaire shall, at its cost and expense, rectify and remedy such loss or damage forthwith so that the Project conforms to the provisions of this Agreement.

• The draft of the Escrow Agreement is annexed as Schedule B to the Draft Concession Agreement in this tender.

• For providing emergency medical aid during the Concession Period, the Concessionaire shall make provision of medical aid post at his own cost and expense (the “Medical Aid Post”) at Project Site.

• In the event of expiry of Concession by efflux of time (the Concession having run its full course), the Concessionaire shall hand over/ transfer peaceful possession of the Project Site, all Assets and the Project Facilities and Services to Maha-Metro, free of cost and Encumbrance.

• In the event that the Scheduled Completion Date is extended pursuant hereto, the Concession Period shall be deemed to be extended by a period equal in length to the period of extension of the Scheduled Completion Date.

More Definitions of Concession

Concession shall have the meaning set forth in Clause 3.1.1;

Concession shall have the meaning as assigned thereto in Article 2;

Concession means an agreement between the department and a person under terms and conditions as specified by the department to provide services or recreational opportunities for public use.

Concession means the granting of a license or right to act for or on behalf of the contracting unit, or to provide a service requiring the approval or endorsement of the contracting unit, and which may or may not involve a payment or exchange, or provision of services by or to the contracting unit.

Concession means the Concession granted by the Concessioning Authority to the Concessionaire in accordance with the provisions of Article 2.1 of this Agreement for implementing the Project and providing Project Facilities and Services.

Concession means equipment or location which is being used, or may be used to sell retail confections, tobaccos, papers, periodicals, and other like merchandise, coffee, milk, soft drinks, wrapped ice cream, wrapped sandwiches, wrapped baked goods, packaged salads and other similar food items. Concession includes the operation of "quickie lunch counters" for the dispensing of prepared foods in state buildings and vending facilities.

Concession means the rights granted to a concessionaire pursuant to the execution of concession agreement for designing, developing, setting up, operating, maintaining and managing the Retail/F&B/other facility(ies) at each of the location(s) within Airport Premises/Terminal and to perform the services as per the terms and conditions of the Concession Agreement.