Common use of Point of Sale Requirements Clause in Contracts

Point of Sale Requirements. Tenant shall install in the Premises a Point of Sale (POS) system with at least one POS unit, which includes mobile POS or other similar electronic devices. All POS used on the Premises shall meet current industry standards for transmitting, capturing and recording transactions and data in a secure fashion while protecting Card Holder Data, and shall register every transaction made in, on, about or from the Premises, including every type of Gross Revenue in real time, and an electronic or hard copy record of each. Said POS shall be accessible to and subject to inspection or audit by Director or his/her designee upon request. All cash receipts must include Tenant’s identification thereon. Each sale or other transaction from the Premises must be recorded at the time of each sale or other transaction, in the presence of the customer, unless otherwise approved by the Director. Each customer must be issued a receipt or sales slip for each transaction, which transaction must be recorded either on a serially numbered sales slip or digital record produced by the POS. City shall have the right during business hours to examine the totals of the POS(s) used in the Premises and to inspect for compliance with this section. City shall have the right to implement a common-use POS. If City exercises such right, Tenant must, at its cost, purchase and install the necessary equipment, train its employees, and thereafter use, such equipment to take part in such system. Tenant shall ensure a capability within its mobile POS for the installation of Airport and Airport partner applications that can be integrated with Tenant’s POS to exchange data and make possible future opportunities to support passengers and airlines with vouchers coupons and other mutually beneficial marketing programs.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

Point of Sale Requirements. Tenant TENANT shall install in the Premises a Point of Sale (POS) system with at least one POS unit, which includes mobile POS or other similar electronic devices. All POS used on the Premises shall meet current industry standards for transmitting, capturing and recording transactions transactions, approved discounts with badge numbers, and data in a secure fashion while protecting Card Holder Data, and shall register every transaction made in, on, about or from the Premises, including every type of Gross Revenue in real time, and an electronic or hard copy record of eachdaily automated reporting. Said POS shall be accessible to and subject to inspection or audit by Director or his/her designee upon request. All cash receipts must include TenantTENANT’s identification thereon. Each sale approved discount must have a badge number or other transaction from identification number keyed in to the Premises must be recorded at the time of POS system for each sale or other transaction, in the presence of the customer, unless otherwise approved by the Director. Each customer Customer must be issued a receipt or sales slip for each transaction, which transaction must be recorded either on a or serially numbered sales slip or digital record produced by the POS. City shall COUNTY should have the right during business hours to examine the totals of the POS(sPOS (s) used in the Premises and to inspect for compliance with this section. City COUNTY shall have the right to implement a common-use POSrevenue system that can provide daily reports to COUNTY. If City COUNTY exercises such right, Tenant TENANT must, at its cost, purchase and install the necessary equipment, train its employees, and thereafter use, such equipment to take part in such system. Tenant TENANT shall ensure a capability within its mobile POS for the installation of Airport and Airport partner applications that can be integrated with TenantTENANT’s POS to exchange data and make possible for future opportunities to support passengers and airlines with vouchers coupons and other mutually beneficial marketing programsMarketing Programs. Any sales captured from third party applications, TENANT branded applications, cell phone applications must be provided to the COUNTY as part of the monthly sales reporting.

Appears in 1 contract

Samples: www.bidnet.com

AutoNDA by SimpleDocs

Point of Sale Requirements. Tenant shall install in the Premises a Point of Sale (POS) system with at least one POS unit, which includes mobile POS or other similar electronic devices. All POS used on the Premises shall meet current industry standards for transmitting, capturing and recording transactions and data in a secure fashion while protecting Card Holder Data, and shall register every transaction made in, on, about or from the Premises, including every type of Gross Revenue in real time, and an electronic or hard copy record of each. Said POS shall be accessible to and subject to inspection or audit by Director or his/her designee agent upon request. All cash receipts must include Tenant’s identification thereon. Each sale or other transaction from the Premises must be recorded at the time of each sale or other transaction, in the presence of the customer, unless otherwise approved by the Director. Each customer must be issued a receipt or sales slip for each transaction, which transaction must be recorded either on a serially numbered sales slip or digital record produced by the POS. City shall have the right during business hours to examine the totals of the POS(s) used in the Premises and to inspect for compliance with this section. City shall have the right to implement a common-use POS. If City exercises such right, Tenant must, at its cost, purchase and install the necessary equipment, train its employees, and thereafter use, such equipment to take part in such system. Tenant shall ensure a capability within its mobile POS for the installation of Airport and Airport partner applications that can be integrated with Tenant’s POS to exchange data and make possible future opportunities to support passengers and airlines with vouchers coupons and other mutually beneficial marketing programs.

Appears in 1 contract

Samples: Lease Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.