MARRIOTT STANDARDS definition
MARRIOTT STANDARDS means both the operational standards (for ------------------ example, staffing, amenities offered to guests, advertising, etc.) and the physical standards (for example, the quality, condition, utility and age of the FF&E, etc.) of comparable full-service hotels in the Marriott Hotel System, as such operational and physical standards may fluctuate from time to time (provided, however, that the Marriott Standards shall in no event be lower than the operational and physical standards, as of the date in question, of comparable "quality segment" (as such term was being used as of the Effective Date) full-service hotels in other full-service hotel systems).
MARRIOTT STANDARDS means from time to time both the operational standards (for example staffing levels, accounting and fiscal management, resident care and health care policies and procedures, accounting and financial reporting policies and procedures) and the physical standards (for example, quality of FF&E, frequency of FF&E replacement) that are then generally and consistently (but not necessarily, absolutely or without exception) applied at or to retirement communities in the MARRIOTT RETIREMENT COMMUNITY SYSTEM which are of comparable size, age and market orientation as the Retirement
MARRIOTT STANDARDS means from time to time both the operational standards (for example staffing levels, accounting and fiscal management, resident care and health care policies and procedures, accounting and financial reporting policies and procedures) and the physical standards (for example, quality of FF&E, frequency of FF&E replacement) that are then generally and consistently (but not necessarily, absolutely or without exception) applied at or to retirement communities in the MARRIOTT RETIREMENT COMMUNITY SYSTEM which are of comparable size, age and market orientation as the Retirement Community, (provided, however, that the Marriott Standards shall in no event be lower than (i) what is required, from time-to-time during the Term, by Legal Requirements, or (ii) the operational and physical standards, as of the date in question, of comparable retirement communities in the quality segment of the retirement communities industry in the state in which the Retirement Community is located).
More Definitions of MARRIOTT STANDARDS
MARRIOTT STANDARDS means from time to time both the operational standards (for example, staffing levels, accounting and fiscal management, resident care and health care policies and ------------------------------------------------------------------------------- FORM OF OPERATING AGREEMENT [DATE], PAGE 7 procedures, accounting and financial reporting policies and procedures) and the physical standards (for example, quality of FF&E, frequency of FF&E replacement) that are then generally and consistently (but not necessarily, absolutely or without exception) applied at or to retirement communities in the Marriott Retirement Community System which are of comparable size, age and market orientation as the Retirement Community, (provided, however, that the Marriott Standards shall in no event be lower than (i) what is required, from time-to-time during the Term, by Legal Requirements, or (ii) the operational and physical standards, as of the date in question, of comparable retirement communities in the quality segment of the retirement communities industry in the state in which the Retirement Community is located).
MARRIOTT STANDARDS means from time to time both the operational standards (for example, staffing levels, accounting and fiscal management, resident care and health care policies and procedures, accounting and financial reporting policies and procedures) and the physical standards (for example, quality of FF&E, frequency of FF&E replacement) that are then generally and consistently (but not necessarily, absolutely or without exception) applied at or to retirement communities in the Marriott Retirement Community System which are of comparable size, age and market orientation as the Retirement Community, (provided, however, that the Marriott Standards shall in no event be lower than (i) what is required, from time-to-time during the Term, by Legal Requirements, or (ii) the operational and physical standards, as of the date in question, of comparable retirement communities in the quality segment of the retirement communities industry in the state in which the Retirement Community is located).
MARRIOTT STANDARDS means from time to time both the operational standards ------------------ (for example, staffing levels, accounting and fiscal management, resident care and health care policies and procedures, accounting and financial reporting policies and procedures) and the physical standards (for example, quality of FF&E, frequency of FF&E replacement) that are then generally and consistently (but not necessarily, absolutely or without exception) applied at or to retirement communities in the Marriott Retirement Community System which are of comparable size, age and market orientation as the Retirement Community, (provided, however, that the Marriott Standards shall in no event be lower than (i) what is required, from time-to-time during the Term, by Legal Requirements, or (ii) the operational and physical standards, as of the date in question, of comparable retirement communities in the quality segment of the retirement communities industry in the state in which the Retirement Community is located).