What are concession companies?
What is a concession? It is a kind of partnership between the public sector and a (usually) private company that has shown its added value in a specific area, for example developing infrastructure.
What is concession in project finance?
A concession gives a private concessionaire responsibility not only for operation and maintenance of the assets but also for financing and managing all required investment. The concessionaire takes risk for the condition of the assets and for investment.
What is debt concession?
A concession may involve restructuring the terms of a debt (such as a reduction in the interest rate or principal due, or an extension of the maturity date) or payment in some form other than cash, such as an equity interest in the debtor.
What is the difference between a concession and a lease?
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public.
What is an example of a concession?
Examples of Concession: A teenager arguing to her parents that she needs a cell phone makes the following concession: A politician arguing that his country needs to send troops into a warzone makes the following concession: I know that any time we send troops into harm’s way, it is a risk that some will not come back.
What are the types of concession?
There are several kinds of concessions, represented by the three concession forms: Pre-requisite Waivers, General Concessions (different kinds, which are specified in the checklist on the form); and Timetable Clashes.
What is a concession payment?
Concession payment means a payment from a private entity to a responsible public entity in connection with the development and/or operation of a qualifying transportation facility pursuant to a concession.
What is a concession transaction?
A concession—also known as a selling concession—is the compensation a selling group receives as part of a stock or bond underwriting agreement. In business, other types of concessions exist for the acquisition of assets, the purchase of real estate, and the leasing of buildings and other property.
What is a concession fee?
Concession Fee means the fee established by a third party concessions contract, which the Concessionaire must pay to Casitas for operation of the concession. The fee is assessed as a percentage of the gross receipts.
Which sentence is an example of concession?
1. The boss made a concession. 2. She made no concession to his age; she expected him to work as hard as she did.
How do you introduce a concession?
You begin this paragraph by admitting that there are some who do not accept your thesis, and that there is the possibility for holding a different point of view. You then provide one or two reasons for holding such a point of view, reasons that work against your thesis.
Why is it called concessions?
Some events or venues contract out the right to sell food to third parties. Those contracts are often referred to as a concession — hence the name for a stand where food is sold.