TITLE TO CITY’S COMPENSATION. Immediately upon Concessionaire’s receipt of monies from doing business under this Agreement, including the sale of food, beverages, merchandise and/or services that it is authorized to sell under the terms of this Agreement, the percentages of said monies belonging to City shall immediately vest in and become the property of the City. Concessionaire shall be responsible as trustee for said monies until the same are delivered to City.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
TITLE TO CITY’S COMPENSATION. Immediately upon Concessionaire’s 's receipt of monies from doing business under this Agreement, including the sale of food, beverages, merchandise and/or services that it is authorized to sell under the terms of this Agreement, the percentages of said monies belonging to the City shall immediately vest in and become the property of the City. Doing business includes the sale of food, beverages, merchandise, and/or services that it is authorized to sell pursuant to the terms of this Agreement. Concessionaire shall be responsible as trustee for said monies until the same are delivered to the City.
Appears in 1 contract
Samples: Concession Space Agreement
TITLE TO CITY’S COMPENSATION. Immediately upon Concessionaire’s receipt of monies from doing business under this Agreement, including the sale of food, beverages, merchandise and/or services that it is authorized to sell under the terms of this Agreement, the percentages of said monies belonging to City shall immediately vest in and become the property of the City. Concessionaire shall be responsible as trustee for said monies until the same are delivered to City.
Appears in 1 contract
Samples: Prime Concession Agreement
TITLE TO CITY’S COMPENSATION. Immediately upon Concessionaire’s 's receipt of monies from doing business under this Agreement, including the sale of food, beverages, merchandise and/or services that it is authorized to sell under the terms of this Agreement, the percentages of said monies belonging to City shall immediately vest in and become the property of the City. Concessionaire shall be responsible as trustee for said monies until the same are delivered to City.
Appears in 1 contract
Samples: Sample Standard Agreement
TITLE TO CITY’S COMPENSATION. Immediately upon Concessionaire’s 's receipt of monies from doing business under this Agreement, including the sale of food, beverages, merchandise and/or services that it is authorized to sell under the terms of this Agreement, the percentages of said monies belonging to City shall immediately vest in and become the property of the City. Concessionaire shall be responsible as trustee for said monies until the same are delivered to City.
Appears in 1 contract
Samples: Standard Agreement