Hotel Incentive Program definition

Hotel Incentive Program means the program set forth in the Hotel Incentive Program Resolution.
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Hotel Incentive Program means the program set forth in this Resolution to encourage and incentivize the development, construction and operation of Luxury Hotels and the renovation of Existing Hotels to qualify as Renovated AAA Four Diamond Hotels.
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Examples of Hotel Incentive Program in a sentence

  • In the event there is a conflict between this document, the Placerville Hotel Incentive Program and the Hotel Operations Covenant Agreement, this document shall take precedent.

  • It is expressly understood and agreed that this Agreement, inclusive of the Placerville Hotel Incentive Program and the Hotel Operations Covenant Agreement, contains the entire agreement and understanding concerning the subject matter thereof, and supersedes and replaces all prior negotiations and agreements between the Parties, whether written or oral.

  • A City has adopted a Hotel Incentive Program Ordinance No. 490 (“Ordinance”), Rancho Palos Verdes Municipal Code Chapter 348.

  • Participate in, complete all requirements, and receive approval for the Placerville Hotel Incentive Program.

  • Development of the Project will further the goals of the City’s Hotel Incentive Program by providing a new AAA Four Diamond Hotel, in a manner that is consistent with goals of the General Plan and Specific Plan.

Related to Hotel Incentive Program

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Company Incentive Plan has the meaning set forth in Section 5.13.