Hotel Management Agreement Draft Page 2
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17scientific knowledge, skill and technical know-how for operation of
a hotel of the kind run by ABC;
3.
The Operator approached ABC representing that it had the
required industrial, commercial and scientific knowledge, skill and
technical know-how for managing and operating the Hotel
currently being run by ABC;
4.
ABC has accepted the offer of the Operator to utilize it‟s services for
managing the Hotel.
NOW THEREFORE THIS AGREEMENT WITNESSETH AND IT IS AGREED
BY AND BETWEEN THE PARTIES HERETO AS UNDER:
PART 1
DEFINITIONS
1.
“Hotel” shall mean the entire structure existing on the land at the
address ___________________________ or any extension thereof at
any time during the Term the this Agreement, and all building
equipment installed therein, including but not limited to, all
plumbing, heating and lighting equipment, elevators, air-
conditioning equipment, exterior and interior signs, telephone
equipment (except that leased from a Telephone Company),
furniture and equipment, operating equipment, operating supplies,
and all other related facilities constructed, installed or kept in or in
appurtenant to the Hotel.
2.
“Furniture”, Furnishings and Equipment” shall mean and include
all movable furniture, furnishings and like chattels for the guest
rooms and suites, restaurants, bars, banquet rooms, public areas
and other areas being beds, chairs, lounges, sofas, stools, luggage
racks, lamps and lamp shades, planter boxes, waste paper
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Parent category: Business