Beverage & Vending Machines Clause Samples

Beverage & Vending Machines. The Tenants agrees to use its reasonable best efforts to structure the beverage machines in the Tenant Facilities to accept a Student Resident’s University Plus-Account, a cash account maintained by students of the University with the University which is accessed through each student’s UKID. Regardless of the method of payment, all beverage and vending machine fees (including exterior free standing vending installations) and any other revenue or savings generated by the beverage or vending services provided by the Tenants are the property of the Tenants and no portion shall be paid to the University. The University shall remit the beverage and vending machine revenues to the Tenants on an annual basis.