Define: Concession Fees
Concession Fees means payment made by a [party] for the right to operate a [specified service], often calculated as a percentage of gross revenues.
Concession Fees means payment made by a [party] for the right to operate a [specified service], often calculated as a percentage of gross revenues.
Relevant Circumstances
- When a business is given the right to operate within a larger firm’s premises.
- When a business is granted a license to provide services using another company's brand name.
Relevant Sectors
- Franchising
- Real Estate
- Retail