Entertainment Budget Sample Clauses

Entertainment Budget. The Company will pay, or reimburse the Executive, for -------------------- all reasonable expenses incurred in entertaining clients, prospective business associates, other employees of the Company or such other persons as the Executive may determine from time to time and maintaining expenses within budgets approved for entertaining.
Sample 1
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Entertainment Budget. During each Rental Year, Tenant shall expend at least [n/a Dollars] on quality live entertainment as required herein (the "Entertainment Expense"). The Entertainment Expense shall be adjusted annually, as of the first day of each Rental Year during the Term, in the same proportion as the Consumer Price Index most recently reported as of such adjustment date bears to the Consumer Price Index reported for the first full calendar month of the Term. Tenant shall preserve original or duplicate books and records at such Tenant's Notice Address which shall disclose all information required to determine Tenant's live entertainment expenditures. Upon advance notice, Landlord, its agents and accountants, shall have the right to audit such books and records. If the audit discloses noncompliance by Tenant for any Rental Year in question, Tenant, in addition to the remedies contained in this Lease, shall pay to Landlord a sum equal to Landlord's cost of the audit, which sum shall be deemed to be Additional Rental, plus as liquidated damages, a sum equal to the amount by which Tenant's actual expenditures for live entertainment as required above shall be less than Tenant's required minimum Entertainment Expense for such period, plus interest at the Default Rate calculated for the full Rental Year plus such additional time thereafter until the amounts are paid In full. Landlord shall have the right to off-set such amounts against Tenant's proportionate share of the Shared Fees for all ticket sales and deduct those amounts from the next payment(s) due to Tenant under the provision of the Admissions Rider. Of such amounts paid by Tenant or off-set by Landlord, Landlord shall retain the cost attributable to the audit and interest on the amounts due, calculated at the Default Rate. The remaining amount, representing the difference between the Entertainment Expense minimum requirement amount and the actual amount spent by Tenant on live entertainment for such period shall be shared as follows: (1) forty percent (40%) shall be deposited Into the Promotion and Advertising Fund for Celebrity Square for the benefit of all tenants; (ii) forty percent (40%) shall be shared equally between the other Anchor Tenants which met the Entertainment Expense minimum requirements for such period; and (iii) twenty percent (20%) shall be retained by Landlord. Gross Sales from Entertainment. In addition to the items set forth in Section 5.5 of the Lease, gross sales shall also include all revenu...
Sample 1

Related to Entertainment Budget

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Business and Entertainment Expenses Subject to Company’s standard policies and procedures with respect to expense reimbursement as applied to its executive employees generally, Company shall reimburse Executive for, or pay on behalf of Executive, reasonable and appropriate expenses incurred by Executive for business related purposes, including dues and fees to industry and professional organizations and costs of entertainment and business development.

  • Travel and Entertainment Expenses Company shall pay or reimburse you for reasonable business expenses actually incurred or paid by you in the performance of your authorized services hereunder, in accordance with Company’s Business Expense Reimbursement policy, and upon presentation of satisfactory documentation (e.g., expense statements or vouchers or such other supporting information) as Company may customarily require.

  • Entertainment Entertainment expense is not reimbursable to vendors. Entertainment includes meal expense involving AT&T personnel, golf fees, tickets to events and related incidental expenses. Hotel charges for a pay-per-view movie, individual sightseeing tours, or other individual activities (i.e., golf, sporting event, movie, etc.) are not reimbursable.

  • Annual Business Plan and Budget As soon as practicable and in any event not later than thirty (30) days after the end of each Fiscal Year, a business plan and operating and capital budget of the Borrower and its Subsidiaries for the ensuing four (4) fiscal quarters, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet, calculations demonstrating projected compliance with the financial covenants set forth in Section 9.15 and a report containing management’s discussion and analysis of such budget with a reasonable disclosure of the key assumptions and drivers with respect to such budget, accompanied by a certificate from a Responsible Officer of the Borrower to the effect that such budget contains good faith estimates (utilizing assumptions believed to be reasonable at the time of delivery of such budget) of the financial condition and operations of the Borrower and its Subsidiaries for such period.

  • Annual Business Plan and Budgets As soon as available but in any event no later than 45 days following the end of each fiscal year of the Borrower, an annual business plan and budget of the Consolidated Parties containing, among other things, pro forma financial statements for the next four fiscal quarters and the next fiscal year.

  • Travel Expenses All travel and other expenses incident to the rendering of services reasonably incurred on behalf of the Company by the Employee during the term of this Agreement shall be paid by the Employer. If any such expenses are paid in the first instance by the Employee, the Employer shall reimburse him therefor on presentation of appropriate receipts for any such expenses.

  • Business Plan and Budget To the extent requested by any Initial Lender, as soon as available, but in any event within thirty (30) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form satisfactory to such Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a monthly basis for the immediately following fiscal year. As to any information contained in materials filed with the SEC or furnished pursuant to Section 6.2(f), the Borrower shall not be separately required to furnish such information under Section 6.1(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.1(a) and (b) above at the times specified therein.

  • Project Budget The budget approved by Member Consent for the acquisition, construction, development, marketing and financing of the Project. The initial Project Budget is attached hereto as Exhibit G.

  • Approved Budget The Manager shall use its commercially reasonable efforts to prepare and deliver to the Company a revised budget that has been approved by the Board of Directors (the “Approved Budget”) by December 31 of the preceding Fiscal Year. However, the Company acknowledges that the Approved Budget is only an estimate of the performance of the Vessels and the Manager makes no assurance, representation or warranty that the actual performance of the Vessels in the applicable Fiscal Year will correspond to the estimates contained in the Approved Budget for such Fiscal Year. The Parties acknowledge that any projections contained in the Approved Budget are subject to and may be affected by changes in financial, economic and other conditions and circumstances beyond the control of the Parties.

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