Chain Services shall have the meaning set forth in Section 1.04.
Chain Services shall have the meaning ascribed to it in Section -------------- 10.
Chain Services shall have the meaning ascribed to it in Section 1.03; provided, however, that the Base Management Fee is intended to cover only the services currently listed (as of the Effective Date) in clause (i) and clause (ii) of the definition of Chain Services in Section 1.03. Accordingly, if there are expenditures that were originally treated as Deductions but that are later determined to be more properly treated as Chain Services or if additional central or regional services are (after the Effective Date) furnished for the benefit of inns in the "Residence Inn by Marriott" System, the Inn's allocable share of such expenditures shall be treated as Deductions (over and above the Deductions listed in paragraph 7 and paragraph 8 of the definition of Deductions) and shall not be covered by the Base Management Fee. Conversely, if there are expenditures that were (as of the Effective Date) listed in clause (i) or clause (ii) of the definition of Chain Services and included in Chain Services (as of the Effective Date) but that are later determined to be more properly furnished at the Inn instead of on a central or regional basis, such expenditures shall not later be treated as Deductions (over and above the Deductions listed in paragraph 7 and paragraph 8 of the definition of Deductions) but shall continue to be covered by the Base Management Fee.
Examples of Chain Services in a sentence
Further information concerning the Supplier Diversity Program may be obtained from the Supply Chain Services Division of the Los Angeles Department of Water and Power.
DO NOT send such documents to the Supply Chain Services Department.
Partial shipments and/or billings are not permitted unless approved in writing by Supply Chain Services Department Office.
Only Supply Chain Services is authorized to award official agreements and issue Purchase Orders binding on Owner.
The Proposal shall be submitted to and received by SMUD's Supply Chain Services office no later than 5:00 P.
More Definitions of Chain Services
Chain Services shall have the meaning ascribed to such term in Section 1.03.C. “Claims” shall have the meaning ascribed to such term in Section 11.24 hereof.
Chain Services means those certain services furnished to each Hotel -------------- which are furnished generally on a central or regional basis to other hotels in the Courtyard by Marriott System. Chain Services shall include: (i) national and central sales office services; central operational support for rooms, food and beverage and engineering; central training services; career development; relocation of central management personnel; central safety and loss prevention services; central advertising and promotion (including direct and image media and advertising administration); centralized consumer affairs; to the extent not charged or allocated directly to the Hotel as a Deduction, the national and regional reservations system service and inventory and revenue management services; centralized computer payroll and accounting services; centralized computer system development, support and operating costs; central monitoring and management support from "line management" personnel such as area managers; (ii) such additional services are or may be, from time to time, furnished centrally or regionally for the benefit of hotels in the Courtyard by Marriott System or in substitution for services now performed at individual hotels which may be more efficiently performed on a group basis; provided, however, that services not currently included in Chain Services pursuant to (i) and (ii) above shall only be added to "Chain Services" if, and to the extent that, such services: (a) are not services included in the definition of Courtyard Management Fees or Base Management Fees; (b) are not services relating to non-routine work (it being understood that the cost and expense of such non-routine services shall be Deductions as set forth in Paragraph 6 of the definition of Operating Profit; and (c) are either (x) new services (i.e., not previously performed at or for the Hotels) or (y) services which theretofore had been performed at the Hotels, but which can be performed more efficiently and economically on a centralized, regional or other bases.
Chain Services shall have the meaning ascribed to it in Section 1.03: provided, however, that the Base Management Fee is intended to cover only the services currently listed (as of the Effective Date) in items (i) and (ii) of the definition of Chain Services in Section 1.03. Accordingly, if there are expenditures that were originally treated as Deductions but that are later determined to be more properly treated as Chain Services, the Inn’s allocable share of such expenditures shall be treated as Deductions (over and above the Deductions listed as items 7 and 8 of the definition of Deductions) and shall not be covered by the Base Management Fee. Conversely, if there are expenditures that were (as of the Effective Date) listed in item (i) or (ii) of the definition of Chain Services and included in Chain Services (as of the Effective Date) but that are later determined to be more properly furnished at the Inn instead of on a central or regional basis, such expenditures shall not later be treated as Deductions (over and above the Deductions listed as items 7 and 8 of the definition of Deductions) but shall continue to be covered by the Base Management Fee.
Chain Services shall have the meaning ascribed to that term in Section 1.03; provided, however, that the Base Management Fee for each Hotel is intended to cover only the services currently listed (as of the Effective Date) in clause (i) of the definition of Chain Services in Section 1.03 other than the charges for the national and regional reservations system service which shall be paid as a Deduction. Accordingly, if there are expenditures that were originally treated as Deductions but that are later determined to be more properly treated as Chain Services, or if additional central or regional services are (after the Effective Date) furnished for the benefit of hotels in the System, each Hotels' allocable share of such expenditures shall be treated as Deductions and shall not be covered by the Base Management Fee for such Hotels. Conversely, if there are expenditures that were (as of the Effective Date) listed in clause (i) of the definition of Chain Services and included in Chain Services (as of the Effective Date) but that are later determined to be more properly furnished at the Hotels instead of on a central or regional basis, such expenditures shall not later be treated as a Deduction but shall continue to be covered by the Base Management Fee for each of such Hotels. Any fees for services not included in the Base Management Fee for the Hotels shall be consistent with fees established for the System.
Chain Services. LIMITED whose registered office is situate at 31 Xxx Xxxxx Xxxxx, 10 Ice House Street, Central, Hong Kong ("the Borrower"); and
Chain Services is defined in Section 4.1.
Chain Services shall have the meaning set forth in Section 11.3. -------------- "Coverage Ratio" shall mean the number one and three-tenths (1.3). -------------- "Cure Payment" shall have the meaning set forth in Section ------------ "Deductions" shall have the meaning set forth in the definition of ---------- Operating Profit. "Default" shall have the meaning set forth in Section 16.1. ------- "Deferred Contingent Base Management Fees" shall mean an amount equal to ---------------------------------------- (a) the sum of all unpaid Base Management Fees deferred in accordance with Section 5.2.B less (b) all sums paid to Management Company in accordance with the provisions of Section 5.2.C.