Complimentaries Sample Clauses

Complimentaries. Seller is not committed to any complimentary arrangement for food or beverage for any guest or client of the Business as of the Closing Date, or for any period thereafter, except in accordance with prior practices.
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Complimentaries. Comply with, administer and implement Owner’s policy regarding complimentary rooms, food and beverage and other complimentary items in operating the Resort;
Complimentaries. The Company is not committed to any material complimentary arrangement for food or beverage for any of its guests or clients which has not been taken into account in determining its “current liabilities,” as determined in accordance with GAAP consistently applied.
Complimentaries. None of the Company or any of its Subsidiaries is committed to any material complimentary arrangement for food or beverage for any of its guests or clients as of the Closing Date or for any period thereafter which has not been taken into account in determining its “current liabilities,” as determined in accordance with GAAP consistently applied and except in accordance with its prior practices.
Complimentaries. IWRA is not committed to any complimentary arrangement for food or beverage for any guest or client as of the Closing Date or any period thereafter which has not been taken into account in determining its "current liabilities," as determined in accordance with generally accepted accounting principles consistent with IWRA's past practice.
Complimentaries. Landlord may desire to provide designated Hotel guests with complimentary food and beverages ("Complimentaries") at the Premises. From time to time Landlord and Tenant shall develop procedures for authorization of Complimentaries, up to Five Hundred Thousand Dollars ($500,000) per Lease Year, and for reimbursement by Landlord of seventy-five percent (75%) of the full retail cost for the Complimentaries in any Lease Year. Tenant recognizes that Landlord is not responsible for the payment of gratuities on Complimentaries. Landlord agrees to pay to Tenant any gratuities with respect to Complimentaries which are charged by customers to their Hotel guest accounts as provided in Section 5.2 and 5.3 above. In addition to the foregoing, Landlord may request Tenant to provide complimentary food and beverages, in an amount not exceeding $1,000 in value in any month (on a noncumulative basis), to persons other than Hotel guests or casino patrons; Landlord shall not be obligated to reimburse Tenant for the cost of such meals, and the value of such meals shall not be included in Gross Sales. In the event Tenant desires to provide complimentary food and/or beverages to any of its guests, Tenant shall be responsible for payment of the full retail value thereof in excess of One Thousand Dollars ($1,000) per month and the same shall be included in computation of Gross Sales. However, there shall not be included in Gross Sales: the value of complimentary items furnished by Tenant as part of a meal which is included in Gross Sales; or amounts deducted from meal checks in response to customer dissatisfaction.
Complimentaries. The Executive shall be entitled to receive various food, spa, hotel rooms and related services from the Company and the Issuers at no charge; provided, however, such complimentaries shall not exceed Two Thousand Dollars ($2,000) per month, shall be calculated and determined consistent with the past practices of the Company, and shall be additional compensation of the Executive to the extent of the value of such complimentaries that are used by the Executive.
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Complimentaries. Neither the Company nor any Company Subsidiary is committed to any material complimentary arrangement for food or beverage for any of its guests or clients as of the Closing Date or for any period thereafter which has not been taken into account in determining its “current liabilities,” as determined in accordance with GAAP consistently applied and except in accordance with such entity’s prior practices.
Complimentaries. A. Landlord may desire to provide designated Hotel Complex guests with complimentary services, admissions, merchandise, food and/or beverages (“Complimentaries”) at the Premises. From time to time Landlord and Tenant shall develop procedures for authorization of complimentaries and for reimbursement by Landlord of Eighty Five percent (85%) of the full retail cost thereof, and the discount off the retail cost shall not be included in the computation of Gross Sales. Landlord and Tenant shall also develop procedures related to the reimbursement, and the amount thereof, as to any related gratuities. In the event Tenant desires to provide complimentary services, admissions, merchandise, food and/or beverages to any of Tenant’s guests in excess of One Hundred Thousand Dollars ($100,000.00) per Lease Year and subject to adjustment upon each Adjustment Date for any changes in the Consumer Price Index in the same manner as provided in Section 4.1A above, Tenant shall be responsible for payment of the full retail value thereof and the same shall be included in the computation of Gross Sales.
Complimentaries. Determine, administer and implement policy regarding complimentary rooms, food and beverage and other complimentary items in operating the Resort in a commercially reasonable manner, it being agreed that the Approved Resort Operating Plan shall include a limitation on the amount of complimentary rooms and services that may be granted by Resort Owner and Manager, respectively;
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