concession agreement
an alternative term for a project agreement. The parties may refer to a "concession" where a project provides a paid-for service to the public, such as a "concession" to operate a toll bridge.
+ concession agreement
project agreement (PA), sometimes also known as a concession agreement
the principal agreement between the awarding authority and the project company governing the project.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Concession agreement — An understanding between a company and the host government that specifies the rules under which the company can operate locally. The New York Times Financial Glossary * * * concession agreement concession agreement ➔ agreement …   Financial and business terms

  • concession agreement — An understanding between a company and the host government that specifies the rules under which the company can operate locally. Bloomberg Financial Dictionary * * * concession agreement concession agreement ➔ agreement …   Financial and business terms

  • Concession Agreement — A right granted by a government to a corporation. It specifies rules under which the company can operate locally. Some concession agreements might include tax breaks for the corporation, in order to keep them from moving to another jurisdiction …   Investment dictionary

  • agreement — a‧gree‧ment [əˈgriːmənt] noun [countable] 1. an arrangement or promise to do something, made by two or more people or organizations: • Under the agreement, the company will distribute our products in North America. • What happens if the warring… …   Financial and business terms

  • concession — The underwriting spread. The difference between the price that an underwriter or underwriting syndicate pays to the issuer and the price that is received from investors who buy the issue. The concession is the income earned by the underwriter.… …   Financial and business terms

  • concession — con·ces·sion n 1: an act or instance of conceding or yielding 2: something conceded: as a: acknowledgment admission b: something granted esp. as an inducement (as to enter into an agreement) c: a grant of real property esp. by a gov …   Law dictionary

  • Concession and Agreement — was a document that provided religious freedom in the colony of New Jersey. It was issued as a proclamation for the structure of the government for the colony written in 1665 by the two proprietors, Lord John Berkeley and Sir George Carteret. The …   Wikipedia

  • agreement — agree·ment n 1 a: the act or fact of agreeing by mutual agreement b: unity of opinion, understanding, or intent; esp: the mutual assent of contracting parties to the same terms if they reach agreement ◇ Under common law, agreement is a necessary… …   Law dictionary

  • agreement — [n1] concurrence acceding, accession, accommodation, accord, accordance, acknowledging, adjustment, affiliation, affinity, alliance, amity, approving, arbitration, arrangement, assenting, authorizing, bargaining, compatibility, compliance,… …   New thesaurus

  • Concession (contract) — A concession is a business operated under a contract or license associated with a degree of exclusivity in business within a certain geographical area. For example, sports arenas or public parks may have concession stands. Many department stores… …   Wikipedia

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