Examples of Golf Course in a sentence
Lessee shall pay to Lessor ten percent (10%) of the gross receipts derived from all fees earned from, net of collection fees: (i) daily play on the Golf Course, and (ii) dues and other sums collected from persons for the privilege of playing on the Golf Course (collectively, “Golf Course Fees”).
Free use of the Golf Course and clubhouse for use by an annual, one-day City of Quincy-sponsored charity golf tournament on a date to be reasonably agreed to by Lessee, and, at Lessee’s option, free use of the Golf Course and clubhouse for an annual Lessee-sponsored charity tournament.
Lessee shall operate the waterfall, during the portion of the calendar year that the Golf Course is open for play, during the following days/hours: Monday, 9:00 a.m. – 3:00 p.m.; Friday, 9:00 a.m. – 6:00 p.m.; Saturday and Sunday, 7:00 a.m. – 2:00 p.m.
Lessor reserves the right to audit, at its expense, employing independent certified auditors, the files and records of Lessee and any third party as Lessor may deem reasonably necessary in order to document Lessee’s expenses and/or Lessor’s receipt of Golf Course Fees, Service Facilities Fees and Energy Project Fees.
Except as set forth in Section 15.1(b) below, Golf Course Fees shall include revenue earned from the use of golf carts and the driving range, and any bond, initiation, membership deposit and other membership fees for becoming a member of the Golf Course, net of collection fees, refunds, and membership sales consultants’ compensation and commissions, but shall not include any revenue earned from the use of golf carts or the sale of equity or an ownership interest in Lessee’s organization.