Common use of Employment Commitment Clause in Contracts

Employment Commitment. Borrower proposes to employ 6.85 full-time equivalent positions at its proposed location within the City. At least one time per year, on the anniversary date of this Agreement, or more frequently upon the request of the City Manager, Borrower shall submit information to the City documenting the number of employees/positions and hours worked of Borrower working at the Property, in a form and manner satisfactory to the City Manager.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement