Common use of Pricing Policies Clause in Contracts

Pricing Policies. Licensor shall provide Operator with average menu pricing from Licensor Managed Units. Operator shall use the average menu pricing to determine reasonable, market-competitive pricing for the Operator's menu. As long as all Licensor Managed Units offer complimentary items such as sourdough bread and soft beverage refills as a brand standard, Operator shall be required to follow these standards.

Appears in 2 contracts

Sources: Development Agreement (Starwood Hotel & Resorts Worldwide Inc), Development Agreement (Eaturna LLC)