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Common use of Concession Clause in Contracts

Concession. A concession by the Borrower or a default under any one or more obligations in an aggregate monetary amount in excess of $50,000.

Appears in 19 contracts

Sources: Convertible Note Purchase Agreement (Advanced Optics Electronics Inc), Convertible Note (Wealthhound Com Inc), Convertible Note (Frederick Brewing Co)

Related Clauses

  • The Concession
  • Concessions
  • Easement
  • Grant of Concession
  • Concession Fee

Parent Clauses

  • EVENT OF DEFAULT
  • Definitions
  • Compensation and Benefits
  • NOTICES
  • Ambiguities and Discrepancies

Sub-Clauses

  • Grant of Concession
  • Concession Period
  • Acceptance of Concession
  • Hospital Site, Equipments
  • Acceptance of the Concession
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