Entertainment Budget Sample Clauses

Entertainment Budget. During each Rental Year, Tenant shall expend at least [n/a Dollars] on quality live entertainment as required herein (the "Entertainment Expense"). The Entertainment Expense shall be adjusted annually, as of the first day of each Rental Year during the Term, in the same proportion as the Consumer Price Index most recently reported as of such adjustment date bears to the Consumer Price Index reported for the first full calendar month of the Term. Tenant shall preserve original or duplicate books and records at such Tenant's Notice Address which shall disclose all information required to determine Tenant's live entertainment expenditures. Upon advance notice, Landlord, its agents and accountants, shall have the right to audit such books and records. If the audit discloses noncompliance by Tenant for any Rental Year in question, Tenant, in addition to the remedies contained in this Lease, shall pay to Landlord a sum equal to Landlord's cost of the audit, which sum shall be deemed to be Additional Rental, plus as liquidated damages, a sum equal to the amount by which Tenant's actual expenditures for live entertainment as required above shall be less than Tenant's required minimum Entertainment Expense for such period, plus interest at the Default Rate calculated for the full Rental Year plus such additional time thereafter until the amounts are paid In full. Landlord shall have the right to off-set such amounts against Tenant's proportionate share of the Shared Fees for all ticket sales and deduct those amounts from the next payment(s) due to Tenant under the provision of the Admissions Rider. Of such amounts paid by Tenant or off-set by Landlord, Landlord shall retain the cost attributable to the audit and interest on the amounts due, calculated at the Default Rate. The remaining amount, representing the difference between the Entertainment Expense minimum requirement amount and the actual amount spent by Tenant on live entertainment for such period shall be shared as follows: (1) forty percent (40%) shall be deposited Into the Promotion and Advertising Fund for Celebrity Square for the benefit of all tenants; (ii) forty percent (40%) shall be shared equally between the other Anchor Tenants which met the Entertainment Expense minimum requirements for such period; and (iii) twenty percent (20%) shall be retained by Landlord. Gross Sales from Entertainment. In addition to the items set forth in Section 5.5 of the Lease, gross sales shall also include all revenu...
Sample 1
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Entertainment Budget. The Company will pay, or reimburse the Executive, for -------------------- all reasonable expenses incurred in entertaining clients, prospective business associates, other employees of the Company or such other persons as the Executive may determine from time to time and maintaining expenses within budgets approved for entertaining.
Sample 1

Related to Entertainment Budget

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Business and Entertainment Expenses Subject to Company’s standard policies and procedures with respect to expense reimbursement as applied to its executive employees generally, Company shall reimburse Executive for, or pay on behalf of Executive, reasonable and appropriate expenses incurred by Executive for business related purposes, including dues and fees to industry and professional organizations and costs of entertainment and business development.

  • Entertainment Costs of entertainment, including amusement, diversion, and social activities, and any costs directly associated with such activities (such as tickets to shows or sports events, meals, lodging, rentals, transportation, and gratuities) are unallowable.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • Program Budget A) Contractor will expend funds received for operation of its program and services according to Contractor’s annual operating budget. The portions of said budget, which reflect services performed or money paid to Contractor pursuant to this Agreement shall be subject to the approval of the Human Services Agency. B) In the event Contractor determines a reasonable business necessity to transfer funding between personnel and operating expenses specified in the budget submitted to the Human Services Agency the following will apply: 1. Contractor will notify the Human Services Agency of transfers that in the aggregate are between ten percent (10%) and twenty percent (20%) of the maximum contract amount.

  • Travel Expenses CONTRACTOR shall not be allowed or paid travel expenses unless set forth in this Agreement.

  • Business Plan and Budget As soon as available, but in any event within sixty (60) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a fiscal year basis and, in the case of such forecasted statements of income, on a fiscal quarterly basis for the immediately following fiscal year. As to any information contained in materials furnished pursuant to Section 6.02(f), the Borrower shall not be separately required to furnish such information under Section 6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.01(a) and (b) above at the times specified therein.

  • Construction Cost Budget The total cost to District of all elements of the Project designed or specified by the Architect, as adjusted at the end of each design phase in accordance with this Agreement. The Construction Cost Budget does not include the compensation of the Architect and the Architect’s Consultants, the cost of land, rights-of-way, financing or other costs which are the responsibility of the District, including construction management.

  • Travelling Allowance Where an employee is required to attend or conduct a clinic away from their base hospital, or attend to employer business away from their base hospital, the employer shall, wherever possible, pay all accommodation, meals and travel costs (i.e. the employee shall not be required to pay for such expenses and get reimbursed at a later date). Employees shall be entitled, with prior approval, to claim any actual and reasonable expenses incurred.

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment “C”. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

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