Passive Promotion 6 Sample Clauses

Passive Promotion 6. 2.1 The Hotel agrees not to provide its guests as standard policy with amenities related to soft drinks and mineral water, as this could be expected to have a prejudicial effect on consumption of Products from the Units. At the same time, it is understood that the Hotel may, from time to time, offer certain such amenities to its V.I.P guests and/or in accordance with promotional programs designated by _______'s Corporate Office, to be supplied by the Hotel and at its expense. <PAGE> 6.2.2 The Hotel undertakes not to position any vending machines and/or soft drinks and/or snacks dispensers, or the like, anywhere at all on any floor on which Units are installed. 6.2.3 For the avoidance of doubt, but without in any way derogating from the provisions of Section 6.2.1 above, as may apply to present or future V.I.P./promotional programs, it is agreed that the Hotel may offer and sell, in the context of its room-service, all manner of foods, drinks, etc. without limitation, and may provide complimentary food and non-alcoholic beverages to _________ Club members, on Club floors, as per normal operation of the Hotel's _________ Club during Club hours, all for as long as the ________ Club (or a successor club operation) shall be in operation at the Hotel. 7. Consideration; Revenue Sharing In consideration for the Installation and the Maintenance and Operation performed by the Company pursuant to this Agreement, the Hotel hereby undertakes to pay the Company the consideration set forth in this Section 7 below. 7.1 Revenue Sharing It is hereby agreed that all Net Revenue shall be distributed, on a monthly basis, in the following manner, and the Hotel hereby undertakes to pay the Company its prescribed share of the Net Revenue, as set forth below: 7.1.1 commencing with the date hereof and throughout the Term of the Agreement, the Hotel shall retain 12% of all Net Revenue (the "Hotel's Share") and undertakes to pay the Company the remaining 88% of all Net Revenue (the "Company's Share"), subject to the following: 7.1.1.1 if, during the first twelve (12) months of the Initial Term, or during any of the subsequent twelve (12) month periods throughout the Term of the Agreement (each of them a "Measurement Period"), the total Net Revenue for that Measurement Period exceeds Euro_____________.- (calculated on the basis of average daily Net Revenue of Euro2.00 per day x _____ Units) (the "Net Revenue Bonus Target 1"), then the Company undertakes to pay the Hotel, out of the Co...
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Related to Passive Promotion 6

  • Promotional Opportunities Each university shall promote upward mobility of employees by announcing opportunities as they occur. In all cases, it is the employee’s responsibility to make proper application for such positions. If an employee meets the minimum and special qualifications for a position, he/she will be considered.

  • Investment Promotion 1. Each Contracting Party shall promote investments in its territory by investors of the other Contracting Party and admit such investments in accordance with its legislation.

  • Health Promotion Effective January 1, 2014, the Employer shall provide a voluntary employee incentive program that offers taxable cash payments not to exceed $300 per employee per calendar year to employees who participate in health promotion activities and programs offered by the Employer. The Employer shall establish the specifics of the programs through the Health Benefit Committee. This provision shall expire on June 30, 2015 unless mutually agreed otherwise by the parties. All approved vendors contracted with the health plan administrator shall be permitted to provide services on state premises for employees.

  • Commercial Opportunities 1. The airlines of each Party shall have the right to establish offices in the territory of the other Party for the promotion and sale of air transportation.

  • Promotion A promotion shall mean the transfer of an employee to a higher level position of more responsibility as well as salary.

  • Promotional Probation a. An employee on promotional probation may be failed at any time without right of appeal or hearing, except as provided in C.3., below, and except that failing an employee on promotional probation must not be arbitrary, capricious or unreasonable.

  • Promotional Criteria Subject to the utilisation of the skills, as required by the Employer, an employee remains at this level until he/she has developed the skills to allow the employee to effectively perform the tasks required of this function and is assessed to be competent to perform effectively at a higher level or has successfully completed appropriate training to ASF level 1 and has the demonstrated skills to perform at a higher level. An employee must be prepared to undertake appropriate training. LEVEL 3

  • Commercialization Intrexon shall have the right to develop and Commercialize the Reverted Products itself or with one or more Third Parties, and shall have the right, without obligation to Fibrocell, to take any such actions in connection with such activities as Intrexon (or its designee), at its discretion, deems appropriate.

  • Recruitment Through Jobcentre Plus 5.1 One of the key objectives of the Department for Work and Pensions is to move people from welfare into work. DWP has a Great Britain-wide network of Jobcentre Plus offices that provide job broking services for unemployed people. The Contractor is therefore required to notify Jobcentre Plus when recruiting staff for any entry-level job vacancies located within Great Britain, which may arise from the delivery of their contract to the Authority.

  • Professional Development Activities Professional development activities are activities initiated by individual faculty members or groups of faculty members and may include attendance at conferences, workshops or seminars which facilitate the following:

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