Allocated Services means certain support services that Manager obtains from a third party and provides on a central or regional basis to the hotels that it manages because such support services can be provided on a more efficient, effective and economical basis to each individual Manager managed hotel if the expenses of such support services are shared by other Manager managed hotels. Such support services include services in the areas of sales and marketing, purchasing, food and beverage, human resources, insurance, technology, training and payroll (each such service, an "Allocated Service"; collectively, the "Allocated Services"). Owner and Manager agree that Manager shall provide Allocated Services to the Hotel and that the Hotel's portion of the cost thereof shall constitute a Gross Operating Expense so long as (i) the costs of the Allocated Services are allocated in a commercially reasonable fashion on a proportionate basis among the Hotel and the other Manager managed hotels benefiting therefrom; and (ii) the Allocated Services shall not include services that do not benefit the Hotel. The parties agree that Manager (or its Affiliates) and the Hotel shall be returned a proportionate share of any rebates received by Manager with respect to any of the Allocated Services on a proportionate basis as compared to other hotels managed by Manager or its Affiliates.
Allocated Services means those items described in Schedule G.
Allocated Services means certain support services that Operator obtains from a third party and provides on a central or regional basis to the hotels that it manages because such support services can be provided on a more efficient, effective and economical basis to each individual Operator managed hotel if the expenses of such support services are shared by other Operator managed hotels. Such support services include services in the areas of sales and marketing, food and beverage, human resources, insurance, technology, training and payroll (each such service, an “Allocated Service”; collectively, the “Allocated Services”).
Examples of Allocated Services in a sentence
The FY2017 budget and rates will change due to the Town Allocated Services in number 5above.
Christensen, “Rate Control for Bandwidth Allocated Services in IEEE 802.3 Ethernet,” Proceedings of the IEEE Conference on Local Computer Networks, pp.
We will be adding Town Allocated Services as an Operating Expense starting in the FY2017 budget.
How does it work for the budget • Resides in the Maintenance Part of the Budget • Allocated Services (SCO, STO, AG) • Most recent closed fiscal year is used to estimate amounts for the fiscal year included in the budget request.
We need to add a line item for Town Allocated Services in the amount of $25,000 for FY2017.
More Definitions of Allocated Services
Allocated Services means services related to electronic communications networks or an electronic communications service which may allow, permit or support the provision of services via that network or service, and include number transfer systems, or systems offering equivalent functionality, conditional access systems and electronic programme guides, as well as other services, such as services to determine the identity, location and presence of the user.
Allocated Services means certain support services that Manager obtains from a third party and provides on a central or regional basis to the hotels that it manages because such support services can be provided on a more efficient, effective and economical basis to each individual Manager managed hotel if the expenses of such support services are shared by other Manager managed hotels. Such support services include services in the areas of sales and marketing, food and beverage, human resources, insurance, technology, training and payroll (each such service, an "Allocated Service"; collectively, the "Allocated Services"). Owner and Manager agree that Manager shall provide Allocated Services to the Hotel and that the Hotel's portion of the cost thereof shall constitute a Gross Operating Expense so long as (i) the costs of the Allocated Services are allocated in good faith on a uniform, fair, equitable and proportionate basis among the Hotel and the other Manager managed hotels benefiting therefrom; and (ii) the Allocated Services shall not include services that do not benefit the Hotel; and (iii) the cost of the Allocated Services are either (a) included by Manager in each Annual Operating Budget or (b) otherwise approved in writing by Owner. The cost of the Allocated Services and the allocation of that cost to the Hotel and other Manager managed hotels shall be subject to audit by Owner pursuant to the terms of Section 10.3 of this Agreement. Manager further agrees that the benefit of any discounts or rebates received by Manager with respect to any of the Allocated Services shall be passed on to the Hotel on a proportionate basis as compared to other hotels managed by Manager or its Affiliates.