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
Without limiting the foregoing, the condition shall include all material authorizations required for the Project, including (i) the MIA, (ii) the Concessions (or other concession granted by the applicable the Government Authority to carry out the Project) and (iii) the COFECE Approval.
Notwithstanding the foregoing, the Parties shall agree in bona fide as to their respective responsibility (or the responsibility of the JV Entity) for any payments required to be made in respect of Concessions fees and expenses that relate to any period prior to the contribution of the Concessions to the JV Entity.
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 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 popcorn, candy, and other food and beverage items sold at the concession stands in Theatres.
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.