Promotional Allowances definition

Promotional Allowances. As defined in the definition of “Net Revenue.”

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Promotional Allowances means the value of goods and services given to customers of the Managed Facility on a complimentary basis, such as complimentary food, beverages, accommodations, entertainment and parking, promotions, credits or discounts provided to any customer, any permitted or awarded “free play” and credits, coupons and vouchers issued for redemption by a customer as well as the value of cash and cash-back Complimentaries given to customers of the Managed Facility.

Promotional Allowances means the retail value of complimentary food and beverage, merchandise, entertainment and tokens for gaming, provided to patrons as promotional items.

Examples of Promotional Allowances in a sentence

Adjusted Revenue: For any Test Period, Net Revenue (i) minus expenses other than Specified Expenses and (ii) plus Specified Proceeds, if any; provided, however, that for purposes of calculating Adjusted Revenue, Net Revenue shall not include Gaming Revenues, Retail Sales or Promotional Allowances of any subtenants of Tenant or any deemed payments under subleases of this Master Lease, licenses or other access rights from Tenant to its operating subsidiaries.
Promotional Allowances shall be payable to the Wholesaler in such amount and in accordance with the procedures as set forth in Schedule 4, as such Schedule may be amended from time to time upon mutual agreement of the parties to this Agreement.
Upon termination of this Agreement all authorizations, rights and obligations shall cease except: (i) the obligation to continue to pay compensation to Broker-Dealers and compensation and Promotional Allowances to the Wholesaler, as set forth in Section 9.a. and Schedule 4; (ii) the provisions contained in Sections 7, 9 and 11 of this Agreement; and (iii) the indemnification provisions set forth in Section 11 of this Agreement, or as otherwise specifically noted in this Agreement.
As of the effective date of this Agreement, Schedule 4 governs only compensation and Promotional Allowances related to sales of ▇▇▇▇▇▇ Gateway Elite and Custom annuity Contracts.
Promotional Allowances shall be payable to the Wholesaler for so long as the Contracts are outstanding, regardless of whether this Agreement and the Participation Agreement are still in effect.

More Definitions of Promotional Allowances

Promotional Allowances means the retail value of complimentary food, beverages, merchandise, and tokens for gaming, provided to patrons as promotional items.

Promotional Allowances means the retail value of transportation, complimentary hotel accommodations, food, beverages, merchandise, chips, tokens, entertainment, or services provided to patrons for promotional purposes.

Promotional Allowances means the retail value of complimentary food, beverages, merchandise and tokens for gaming provided to patrons as promotional items.

Promotional Allowances means the retail value of any transportation, complimentary accommodations at local hotels, food, beverages, merchandise, chips, tokens, shows, or services provided to patrons for promotional purposes.

Promotional Allowances means complimentary items and free play given to induce Gaming play as the term is typically applied in the gaming industry and does not include promotional expenses.

Promotional Allowances are goods and services, such as complimentary food, beverages, entertainment and parking, given to customers of the Hotel as an inducement to ▇▇▇▇▇▇ at the Hotel.

Promotional Allowances means the retail value of hotel accommodations, food, beverages, merchandise, chips, tokens and other services provided to customers for promotional purposes without charge which retail value is included in the Revenues of the Facility. For the purposes of this definition, "retail value" shall mean the usual and customary charge for such service or item under the then existing circumstances.