Common use of Daily Sales Clause in Contracts

Daily Sales. Landlord may, in its sole and absolute discretion, provide a program for the purpose of collecting daily sales information directly from the Tenant via Tenant's designated representative at the Premises and Tenant agrees to participate in any such program. The daily sales information would include gross daily receipts collected at the Premises. The program shall be in the form of automated, computerized telecommunication. The costs and expenses in connection with the operation of the program would be paid for either by the Landlord or by proceeds from the Marketing Fund. The information collected may be utilized by Landlord for the purpose of evaluating and responding to market trends and determining merchandising category rankings.

Appears in 2 contracts

Samples: Attornment Agreement (Play Co Toys & Entertainment Corp), Play Co Toys & Entertainment Corp

AutoNDA by SimpleDocs

Daily Sales. Landlord may, in its sole and absolute discretion, provide a program for the purpose of collecting daily sales information directly from the Tenant via Tenant's designated representative at the Premises and Tenant agrees to participate in any such program. The daily sales information would include gross daily receipts collected at the Premises. The program shall may be in the form of automated, computerized telecommunication. The costs and expenses in connection with the operation of the program would be paid for either by the Landlord or by proceeds from the Marketing Fund. The information collected may be utilized by Landlord for the purpose of evaluating and responding to market trends and determining merchandising category rankings.

Appears in 1 contract

Samples: Lease Agreement (uWink, Inc.)

AutoNDA by SimpleDocs

Daily Sales. Landlord may, in its sole and absolute discretion, provide a program for the purpose of collecting daily sales information directly from the Tenant via Tenant's designated representative at the Premises and Tenant agrees to participate in any such program. The daily sales information would include gross daily receipts collected at the Premises. The program shall be in the form of automated, computerized telecommunication. The costs and expenses in connection with the operation of the program would be paid for either by the Landlord or by proceeds from the Marketing Fund. The information collected may be utilized by Landlord for the purpose of evaluating and responding to market trends and determining merchandising category rankings.

Appears in 1 contract

Samples: Center Lease (Play Co Toys & Entertainment Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!