INTERCOMPANY RESTAURANT Sample Clauses

The INTERCOMPANY RESTAURANT clause establishes the terms and conditions governing transactions or arrangements between related corporate entities within a restaurant group. Typically, this clause outlines how goods, services, or resources—such as food supplies, staff, or intellectual property—are shared, priced, or reimbursed among affiliated restaurant companies. By clearly defining these intercompany dealings, the clause helps ensure compliance with tax regulations, prevents disputes over internal charges, and maintains transparency in financial reporting between the related entities.
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INTERCOMPANY RESTAURANT. Notwithstanding article 2.10.3 of this lease, it is specified that the building does not have a restaurant as of the date of signature of the lease.
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INTERCOMPANY RESTAURANT. The building complex, consisting of 6 buildings for office use, in which the leased premises are located includes an intercompany restaurant that belongs jointly to the group of owners and co-owners of those buildings. Building "F" is allocated 121 joint shares out of a total of 1,400 shares. The owners of common spaces have made the intercompany restaurant available to an association governed by the law of July 1st, 1901, under a free loan agreement. THE LESSEE shall bear, in proportion to the leased areas and up to the share of building "F", the entire expenses incumbent upon the Association together with the cost of renewal of equipment, furnishings and furniture of the intercompany restaurant. THE LESSEE shall be responsible, during the term of the lease, for the work and repairs, as defined in Article 1754 of the Civil Code, and for all repairs that may become necessary because of his failure to execute repairs incumbent upon him or resulting from his actions or those of his personnel. All other repairs shall be incumbent upon THE LESSOR. Moreover, THE LESSEE shall bear, in proportion to the leased areas, the share allocated to the restaurant in the expenses of the Association (L'ASSOCIATION SYNDICALE LIBRE). Excluding the fees to be paid to THE LESSOR for the intercompany restaurant and set at 50 F/m2 exclusive of tax, and excluding the admission fee to be paid to SODEXHO, the entire aforementioned charges relating in particular to operation expenses, to the cost of renewal of equipment, furnishings and furniture of the restaurant, and to repair expenses, are included in the advance payment on charges paid by THE LESSEE under Article 5-2 of this lease.
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INTERCOMPANY RESTAURANT. The Tenant shall be entitled to use the intercompany restaurant situated on the Business Park. The intercompany restaurant is governed by a contract appointing Alcatel CIT as representative of all parties thereto. The Tenant acknowledges that it has read the contract having been a tenant of the Business Park prior to execution of the Lease and undertakes to fulfil all its obligations under the contract or any other contract which might replace it such that the Landlord shall never incur any expense or cost in that respect.
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Related to INTERCOMPANY RESTAURANT

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and ICD will not be liable for any damage to the equipment.

  • INCOME FROM IMMOVABLE PROPERTY 1. Income derived by a resident of a Contracting State from immovable property (including income from agriculture or forestry) situated in the other Contracting State may be taxed in that other State. 2. The term "immovable property" shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property. 3. The provisions of paragraph 1 shall apply to income derived from the direct use, letting, or use in any other form of immovable property. 4. The provisions of paragraphs 1 and 3 shall also apply to the income from immovable property of an enterprise and to income from immovable property used for the performance of independent personal services.

  • Changes in Equipment, Systems, Etc USBFS reserves the right to make changes from time to time, as it deems advisable, relating to its systems, programs, rules, operating schedules and equipment, so long as such changes do not adversely affect the services provided to the Trust under this Agreement.

  • Location of Equipment The Customer shall not remove the Equipment from the location shown herein as the place of use of the equipment, without prior written approval of the Company. The Customer shall inform the Company by email upon demand of the exact location of the Equipment while it is in the Customer’s possession.

  • DISPOSITION OF EQUIPMENT The Grantee shall provide to the State, not less than 30 calendar days prior to submission of the final invoice, an itemized inventory of equipment purchased with funds provided by the State. The inventory shall include all items with a current estimated fair market value of more than $5,000.00 per item. Within 60 calendar days of receipt of such inventory the State shall provide the Grantee with a list of the items on the inventory that the State will take title to. All other items shall become the property of the Grantee. The State shall arrange for delivery from the Grantee of items that it takes title to. Cost of transportation, if any, shall be borne by the State.