Common use of Price Checks Clause in Contracts

Price Checks. Concessionaire shall conduct a price check on each of the Units annually. To accomplish this, Concessionaire shall conduct a price check each calendar quarter-year, at a minimum, and all reports must be presented to City quarterly. Surveys of product items determined by CEO will be performed by Concessionaire on each Unit to ensure pricing is in accordance with this Agreement and the Airport Pricing Policy. CEO, at CEO's option, may develop, and Concessionaire will be given, the list of categories of product to be checked. Concessionaire may be requested at any time to produce a list of product sizes, brands and prices presently being sold in the Units. CEO may review the list and select the items to be checked on a particular price check. CEO may choose to select all items for any particular price K.:RT/CDG/Concessions/Food&Beverage/Areas/T7-LAX-F&B 2017-02-27-Contract-T7-LAX-F&B-v3 check. CEO, at CEO's option, may conduct such price checks as CEO considers necessary and to the extent any such price check disclose a violation of the requirements of this Agreement, the cost of such price check shall be borne by Concessionaire, and upon the delivery of an invoice from City, Concessionaire shall pay the same to City as Additional Rent, plus the Administrative Fee, within fifteen (15) days of receipt of City's invoice.

Price Checks. Concessionaire shall conduct a price check on each of the its Units annually. To accomplish this, Concessionaire shall conduct a price check on one fourth of its total Units each calendar quarter-year, at a minimum, and all reports must be presented to City quarterly. Surveys of product items determined by CEO Executive Director will be performed by Concessionaire on each Unit to ensure pricing is in accordance with this Agreement and the Airport Pricing Policy. CEOExecutive Director, at CEOExecutive Director's option, may develop, develop the list of Units chosen for each price check and Concessionaire each chosen Unit will be given, given the list of categories of product to be checked. Concessionaire may be requested at any time to produce a list of product sizes, brands and prices presently being sold in the Units. CEO Executive Director may review the list and select the items to be checked on a particular price check. CEO Executive Director may choose to select all items for any particular price K.:RT/CDG/Concessions/Food&Beverage/Areas/T7-LAX-F&B 2017-02-27-Contract-T7-LAX-F&B-v3 check. CEOExecutive Director, at CEOExecutive Director's option, may conduct such price checks as CEO Executive Director considers necessary and to the extent any such price check disclose a violation of the requirements of this Agreement, the cost of such price check shall be borne by Concessionaire, and upon the delivery of an invoice from City, Concessionaire shall pay the same to City as Additional Rent, plus the Administrative Fee, within fifteen (15) days of receipt of City's invoice.

Price Checks. Concessionaire shall conduct a price check on each of the its Units annually. , To accomplish this, Concessionaire shall conduct a price check on one fourth of its total Units each calendar quarter-year, at a minimum, and all reports must be presented to City quarterly. Surveys of product items determined by CEO Executive Director will be performed by Concessionaire on each Unit to ensure pricing is in accordance with this Agreement and the Airport Pricing Policy. CEOExecutive Director, at CEOExecutive Director's option, may develop, develop the list of Units chosen for each price check and Concessionaire each chosen Unit will be given, given the list of categories of product to be checked. Concessionaire may be requested at any time to produce a list of product sizes, brands and prices presently being sold in the Units. CEO Executive Director may review the list and select the items to be checked on a particular price check. CEO Executive Director may choose to select all items for any particular price K.:RT/CDG/Concessions/Food&Beverage/Areas/T7-LAX-F&B 2017-02-27-Contract-T7-LAX-F&B-v3 check. CEOExecutive Director, at CEOExecutive Director's option, may conduct such price checks as CEO Executive Director considers necessary and to the extent any such price check disclose a violation of the requirements of this tins Agreement, the cost of such price check shall be borne by Concessionaire, and upon the delivery of an invoice from City, Concessionaire shall pay the same to City as Additional Rent, plus the Administrative Fee, within fifteen (15) days of receipt of City's invoice.