TERMS OF RENTAL PROGRAM Sample Clauses

TERMS OF RENTAL PROGRAM. The Rental Program shall initially be embodied by the terms and provisions set forth in the three forms of Condominium Unit Lease Agreement attached hereto as composite EXHIBIT "B" and the form agreement for the rental of the Cabanas to be prepared and mutually agreed upon by Owner and Operator prior to the Commencement Date (the "CABANA LEASE AGREEMENT"). The Cabana Lease Agreement shall be substantially similar to the Condominium Unit Lease Agreements. All Unit Owners acquiring title to residential Units within twelve (12) months from the Effective Date of this Agreement shall be entitled to enter into the Sold Units Lease Agreement with Operator on the exact terms as set
Sample 1
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TERMS OF RENTAL PROGRAM. The Rental Program shall initially be -------------------------- embodied in the terms and provisions set forth in a form of Rental Management Agreement to be mutually agreed upon by Master Manager and Operator and attached hereto as EXHIBIT "D-1". It is contemplated that the form Management Agreement ------------- will provide for certain costs, reserves and expenses of the Unit that can be charged to the Participating Owner to be so charged by deducting the costs and expenses from the rental revenues generated by use of the Unit including, without limitation, the following: - Management and Licensing Fee - 7% of Gross Rental Revenues ------------------------------- - Marketing reserve - 3% of Gross Rental Revenues - All travel agency and other third party commissions and reservations fees - All Credit and debit card costs; - A capital reserve for replacement of the FF&E for each Unit. The form Management Agreement may be modified at any time by Master Manager in its exclusive discretion. Operator shall have the right of reasonable approval regarding any change planned by Master Manager that could result in a change to the revenue forecasted from the Rental Program, and any such change shall be subject to Operator's prior approval if the Incentive Share (Section 6.1.2) is in effect. All Unit Owners that want to commence or renew participation in the Rental Program shall execute the form of Management Agreement then being offered to Unit Owners by Master Manager.
Sample 1

Related to TERMS OF RENTAL PROGRAM

  • REMOTE ACCESS SERVICES ADDENDUM The Custodian and each Fund agree to be bound by the terms of the Remote Access Services Addendum hereto.

  • Notice of Completion; Copy of Record Set of Plans Within twenty (20) days after completion of construction of the Improvements, Tenant shall cause a Notice of Completion to be recorded in the office of the Recorder of the county in which the Building is located in accordance with Section 3093 of the Civil Code of the State of California or any successor statute, and shall furnish a copy thereof to Landlord upon such recordation. If Tenant fails to do so, Landlord may execute and file the same as Tenant’s agent for such purpose, at Tenant’s sole cost and expense. At the conclusion of construction, (i) Tenant shall cause the Architect and Contractor (A) to update the Approved Working Drawings as necessary to reflect all changes made to the Approved Working Drawings during the course of construction, (B) to certify to the best of their knowledge that the “record-set” of as-built drawings are true and correct, which certification shall survive the expiration or termination of this Lease, and (C) to deliver to Landlord two (2) sets of copies of such record set of drawings within one hundred twenty (120) days following issuance of a certificate of occupancy for the Premises, and (ii) Tenant shall deliver to Landlord a copy of all warranties, guaranties, and operating manuals and information relating to the improvements, equipment, and systems in the Premises.

  • Terms of Plan This Agreement is entered into pursuant to the Plan (a copy of which has been delivered to the Grantee). This Agreement is subject to all of the terms and provisions of the Plan, which are incorporated into this Agreement by reference, and the actions taken by the Committee pursuant to the Plan. In the event of a conflict between this Agreement and the Plan, the provisions of the Plan shall govern. All determinations by the Committee shall be in its sole discretion and shall be binding on the Company and the Grantee.

  • BASIC TERMS This Article One contains the Basic Terms of this Lease between the Landlord and Tenant named below. Other Articles, Sections and Paragraphs of the Lease referred to in this Article One explain and define the Basic Terms and are to be read in conjunction with the Basic Terms.

  • DATA ACCESS SERVICES ADDENDUM TO CUSTODIAN AGREEMENT Addendum to the Custodian Agreement (as defined below) between each fund listed on Appendix A to the Custodian Agreement, as such Appendix A is amended from time to time (each such fund listed on Appendix A shall be individually referred to herein as the “Fund”), and State Street Bank and Trust Company (“State Street”).

  • Specific Terms Whenever used in this Agreement, the following words and phrases, unless the context otherwise requires, shall have the following meanings:

  • System and Data Access Services a.System. Subject to the terms and conditions of this Addendum and solely for the purpose of providing access to Fund Data as set forth herein, State Street hereby agrees to provide the Fund, or certain third parties approved by State Street that serve as the Fund`s investment advisors, investment managers or fund accountants (the "Fund Accountants") or as the Fund`s independent auditors (the "Auditor"), with access to State Street`s Multicurrency HORIZONR Accounting System and the other information systems described in Attachment A (collectively, the "System") on a remote basis solely on the computer hardware, system software and telecommunication links described in Attachment B (the "Designated Configuration") or on any designated substitute or back-up equipment configuration consented to in writing by State Street, such consent not to be unreasonably withheld.

  • ADDENDUM Notwithstanding any provisions of this Award Agreement to the contrary, to the extent you transfer employment outside of the United States, the Award shall be subject to any special terms and conditions as Tyson may need to establish to comply with local laws, rules, and regulations or to facilitate the operation and administration of the Award and the Plan in the country to which you transfer employment (or Tyson may establish alternative terms and conditions as may be necessary or advisable to accommodate your transfer). Any such terms and conditions shall be set forth in an Addendum prepared by Tyson which shall constitute part of this Award Agreement.

  • Development Schedule The schedule for design and development of the "BASE BUILDING WORK" (as defined below) and the "TENANT IMPROVEMENTS" (as defined below), including, without limitation, the time periods for preparation, delivery, review, and approval of construction documents and performance pursuant to such documents, shall be in accordance with the Development Schedule attached hereto as Schedule A, subject to adjustment as mutually agreed by the parties in writing or as provided in this Work Letter (the "DEVELOPMENT SCHEDULE").

  • Incorporation of Terms of Plan The Option is subject to the terms and conditions of the Plan which are incorporated herein by reference. In the event of any inconsistency between the Plan and this Agreement, the terms of the Plan shall control.

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