Common use of Operating Fee Clause in Contracts

Operating Fee. Beginning on the Fee Commencement Date, Operating Fees payable to Owner by Operator related to Operator’s rights hereunder shall consist of the Base Fee and the Owner Revenue Share.

Appears in 2 contracts

Sources: Exclusive Operating Agreement (Notes Live, Inc.), Exclusive Operating Agreement (Fresh Vine Wine, Inc.)

Operating Fee. Beginning on the Fee Commencement Date, Operating Fees Fees” payable to Owner by Operator related to Operator’s rights hereunder shall consist of the Base Fee and the Owner Revenue ShareShare (defined below).

Appears in 2 contracts

Sources: Exclusive Operating Agreement (Notes Live, Inc.), Exclusive Operating Agreement (Fresh Vine Wine, Inc.)