Common use of Pre-Opening Services Clause in Contracts

Pre-Opening Services. Owner acknowledges and agrees that various pre-opening activities for the Operator have commenced as of the Effective Date and are continuing, and will continue to ensure that the Condo-Hotel is ready to accept guests by the Opening Date. These pre-opening services are being performed pursuant to and in accordance with the pre-opening budget established as part of the construction budget approved in connection with the execution of the Joint Venture Agreement, or, if not previously provided, shall comprise a portion of the Annual Budget (as defined in the Joint Venture Agreement) to be prepared and approved as required by the Joint Venture Agreement (the “Pre-Opening Budget”). These services (collectively, the “Pre-Opening Services”) include, without limitation: 4.1.1 subject to Section 8.1, hiring and training of all Personnel; 4.1.2 pre-marketing and marketing programs, including pre-opening promotion and opening celebrations, and the preparation of a pre-opening marketing plan which shall include, without limitation: (a) public relations and communications activities, (b) implementation of a marketing, advertising and reservations program, and (c) representation of the Condo-Hotel by regional sales and corporate marketing personnel of Operator and its Affiliates to position the Condo-Hotel in accordance with the Operating Standards; 4.1.3 administering and coordinating with Owner applications for or transfers of licenses, permits, approvals, and/or other instruments necessary for the management and operation of the Condo-Hotel as contemplated by this Agreement;

Appears in 2 contracts

Sources: Operations Management Agreement, Condo Hotel Operations Management Agreement (CityCenter Holdings, LLC)

Pre-Opening Services. Owner acknowledges and agrees that various pre-opening activities for the Operator Crystals Component have commenced as of the Effective Date and are continuing, and will continue to ensure that the Condo-Hotel is ready to accept guests by Crystals Component can function properly on the Crystals Component Opening Date. These pre-opening services are being performed pursuant to and in accordance with the pre-opening budget established as part of the construction budget approved in connection with the execution of the Joint Venture Agreement, or, if not previously provided, shall comprise a portion of the Annual Budget (as defined in the Joint Venture Agreement) to be prepared and approved as required by the Joint Venture Agreement (the “Pre-Opening Budget”). These services (collectively, the “Pre-Opening Services”) include, without limitation: 4.1.1 subject to Section 8.17.1, hiring and training of all Project Personnel; 4.1.2 pre-marketing and marketing programs, including pre-opening promotion and opening celebrations, and the preparation of a pre-opening marketing plan which shall include, without limitation: (a) public relations and communications activities, (b) implementation of a sales, marketing, advertising and reservations programpre-leasing and incentive programs, if any and (c) representation of the Condo-Hotel by regional sales coordinating and corporate marketing personnel of Operator and its Affiliates supervising all activities pursuant to position the Condo-Hotel in accordance with the Operating Standardsany leasing agreements; 4.1.3 administering and coordinating with Owner applications for or transfers of licenses, permits, approvals, and/or other instruments necessary for the management and operation of the Condo-Hotel Crystals Component as contemplated by this Agreement;

Appears in 1 contract

Sources: Retail Management Agreement (CityCenter Holdings, LLC)