Concession Agreement

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Concession agreement

An understanding between a company and the host government that specifies the rules under which the company can operate locally.

An agreement in which a government, especially a local government, gives preferential treatment to a private-sector company. Generally speaking, a concession agreement involves special tax considerations, and is designed to encourage a company to come to or stay in an area. Governments make concession agreements to promote job growth or stability.

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Breach Breach of Concession Agreement			Hermes Airports Ltd assumed management and control of Larnaka and Pafos International Airports on 12 May 2006, under a 25 year BOT (Build-Operate-Transfer) concession agreement with the Republic of Cyprus. Final preparations for new Larnaka Airport Cyprus continue in earnest by Financial Mirror (Cyprus) The Government of Oman has signed a concession agreement with Harvest Natural Resources Inc, a US headquartered international energy firm, for the exploration of gas in Block 64, an area straddling the boundaries of the Dakhiliya and Wusta regions. Oman signs Block 64 gas exploration agreement by Saudi Economic Survey This follows the signing of a 25-year concession agreement between Dana Gas and the government of Sharjah in March 2008, giving the firm a 50 per cent working interest in the project. Dana Gas Moves Ahead with Development of Western offshore Concession ... by Khaleej Times (Dubai, United Arab Emirates)			Comptabilite sur la base des engagements Compte de contrepartie Compte de garantie bloque Comptes de tiers Comptroller Comptroller of the Currency Compustat Compustatr computer-aided design Computer-Assisted Execution System Computerized Investing computerized loan origination Computerized Market Timing System Con derechos de suscripcion Con dividendo Con intereses Con warrants Concave Concentration Account Concentration Banks Concentration Service Concentration Services Concept Company Concernverslaglegging concession Concession Agreement concession burnoff Conciliare lavoro e famiglia conciliation agreement Concordato extrajudicial con los acreedores Concorrencia desleal Concorrente Concurrence deloyale concurrent ownership condemnation Condemnation Award condemnee condemnor condition Conditional Call Conditional Call Option Conditional Call Options conditional commitment conditional offer Conditional Order Conditional Rating conditional sales contract Conditional Sales Contracts conditional use permit conditions, covenants, and restrictions Condizioni di affari			Concertmeister Concertmeister concertmistress concertmistress concerto concerto concerto concerto grosso concerto grosso Concertoes Concertoes concertos concertos concerts concerts concerts Concerts and Lessons to Enrich Families Concerts of Prayer International Concertstück Concesiones de Infraestructuras de Transport Concesiones de Infraestructuras de Transport Concessi Concessimus concessio concession concession concession concession concession Concession (contract) Concession Agreement Concession Agreements Concession and Ground Lease Agreement concession burnoff concession lease Concession road Concession road concessionaire concessionaires concessional concessional concessional concessional concessionary concessionary concessionary concessionary Concessionary fares on the British railway network Concessionary fares on the British railway network Concessionary Fares Working Group concessioner Concessionist concessionnaire concessionnaires concessions concessions concessions concessions Concessions de Passage Gratuit concessive concessive

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