Pre-Opening Budget definition
Pre-Opening Budget shall have the meaning ascribed to such term as set forth in Section 4.1.
Pre-Opening Budget shall have the meaning described in Section 3.8.
Pre-Opening Budget shall have the meaning described in ss. 4.10.
Examples of Pre-Opening Budget in a sentence
The Pre-Opening Budget shall form the basis for which all Initial Costs of Operations for the Casino shall be made; provided, however, that Operator shall be allowed, after consultation with MSC, to deviate from the Pre-Opening Budget.
The Tribe agrees that the Pre-Opening Budget may be modified from time to time, subject to approval of the Business Board in accordance with the procedure established by Section 5.4 for adjustments to the Annual Business Plan, Annual Operating Budget and Annual Capital Budget.
Hyatt will provide Owner a reconciliation of the foregoing expenses against the Pre-Opening Budget and back-up for such expenses.
For purposes of implementing the Pre-Opening Services, Operator shall prepare a Pre-Opening Budget.
Except as set forth herein, Manager shall not incur or be entitled to reimbursement for any costs or expenses or enter into any contracts, or engage the services of any professionals, consultants or other third parties without the Partnership's prior approval thereof through the Pre-Opening Budget approval process.
More Definitions of Pre-Opening Budget
Pre-Opening Budget means those items listed on Exhibit T, which Purchaser shall provide at its own cost and expense in order to open the Hotel to the general public on the Opening Date.
Pre-Opening Budget means a budget with represents an estimate of Pre-Opening Expenses.
Pre-Opening Budget shall have the meaning set forth in Section 4.2 of this Agreement. Pre-Opening Period shall have the meaning set forth in Section 4.1 of this Agreement. Pre-Opening Plan shall have the meaning set forth in Section 4.2 of this Agreement. Real Property shall have the meaning set forth in Recital A of this Agreement. Refusal Offer shall have the meaning set forth in Section 15.3 of this Agreement. Refusal Period shall have the meaning set forth in Section 15.3 of this Agreement.
Pre-Opening Budget means the budget of expenses to be incurred prior to the Opening Date pursuant to Section 6.1 of the Agreement and with respect to any other provision of the Agreement pertaining to the period prior to the Opening Date. Such expenses shall include, without limitation, all budgeted expenses incurred by Manager or by any of Manager's Affiliates in performing the Pre-Opening Services, the cost of recruitment and training for all employees of the Facility, costs of licensing or other qualification of Facility employees prior to the Opening Date, the cost of pre-opening sales, marketing, advertising, promotion and publicity, the cost of obtaining all Construction Permits and Owner Operating Permits, permits for employees, including the fees of lawyers and other consultants incident thereto, and other Pre-Opening Expenses.
Pre-Opening Budget means the budget to be prepared by the -------------------- Operator and submitted to and approved by Master Manager to cover the period between execution hereof through the Commencement Date (the "Pre-Opening Period"). Operator shall deliver this budget not later than eight (8) months prior to the anticipated Commencement Date, which sets forth the estimated costs and expenses to be incurred in opening the Resort and operating for the first thirty (30) days, as set forth in SECTION 11.5. -------------
Pre-Opening Budget means the budget of anticipated Pre-Opening Expenses. "Pre-Opening Expenses" shall mean all costs and expenses incurred by Owner and Owner's Affiliates and Manager and Manager's Affiliates in implementing the Pre-Opening Plan, including, but not limited to, Manager Pre-Opening Expenses, the costs of recruitment and training for all employees of the Riverboat, costs of licensing or other qualification of Casino employees prior to the Commencement Date, the cost of pre-opening sales, marketing, advertising, promotion and publicity, the cost of obtaining all operating permits, and permits for employees, and the fees and expenses of lawyers and other professionals and consultants retained by Owner or Manager in connection therewith. "Pre-Opening Plan" shall mean the plan and schedule for implementing and performing the Pre-Opening Services. "Pre-Opening Services" is defined in Section 3.07. "Riverboat" shall mean the Vessel and all necessary ancillary facilities to the Vessel, including, but not limited to, barges, restaurants, entertainment facilities, docks, piers, vehicular parking area, waiting areas, restaurants, restrooms, administrative offices for, but not limited to, accounting, purchasing, and management information services (including offices for Manager's Management Team) and other areas utilized in support of the operations of the Riverboat. "Riverboat Authorities" shall mean the Missouri Gaming Commission. "Taking" is defined in Section 12.01. "Taking Date" is defined in Section 12.01. "Term" is defined in Section 2.02. "Trustee" is defined in Section 13.01. "Vessel" shall mean the riverboat cruise vessel constructed by Owner for operation of the Casino on the Missouri River in Lemay, Missouri.
Pre-Opening Budget means the budget to be prepared by the Sonesta Group and submitted to and approved by Owner no later than six (6) months prior to the anticipated Commencement Date, which sets forth the estimated costs and expenses to be incurred in opening the Hotel, as set forth in SECTION 11.7. 1.76 "PRE-OPENING EXPENSES" shall mean all costs and expenses incurred by Operator in connection with preparing the Hotel for business operation (including without limitation those for staffing the Hotel, advertising, promotion, literature, opening ceremonies, and travel and business entertainment), whether incurred prior to or concurrently with the beginning of business operation of the Hotel. Pre-Opening Expenses shall also include payments to be made to Operator for the services of its employees, if and when rendered with the prior approval of Owner in connection with the opening of the Hotel. All Pre-Opening Expenses shall be in accordance with the Pre-Opening Budget. 1.77 "PROPERTY" shall have the meaning set forth in SECTION 5.5. 1.78 "QUARTERLY ACCOUNTING PERIOD" shall mean each calendar quarter or any portion thereof, if applicable, during the Term of this Agreement. 1.79 "RECONCILIATION" shall have the meaning set forth in SECTION 5.3. 1.80 "RENEWAL DEADLINE" shall have the meaning set forth in SECTION 2.2. 1.81 "RENTAL PROGRAM" shall mean operation and management of those Units and Cabanas that are used by Operator for Hotel purposes from time to time pursuant to Condominium Unit Lease Agreements and Cabana Lease Agreements between Operator and the Unit Owners / Cabana Owners for the daily and extended rental of such Units and Cabanas. 1.82 "RIGHT OF FIRST OFFER" shall have the meaning set forth in SECTION 5.5(b). 1.83 "SALES OFFICE" shall have the meaning set forth in SECTION 11.9. 1.84 "SONESTA GROUP" shall mean Operator and its Affiliates. 1.85 "SONESTA MARKS" shall have the meaning set forth in SECTION 14.1.