Common use of Property Interest Clause in Contracts

Property Interest. The Concession Stand(s) to be operated pursuant to this Agreement, including equipment, inventory, supplies, cash bank and receipts, shall at all times remain and be the sole property of Cal Dining Concessions; and the Group shall have no right to that property other than the right to occupy, use and operate the Concessions Stand(s) on the dates and times assigned by Cal Dining Concessions and upon the terms and conditions contained in this Agreement.

Appears in 3 contracts

Sources: Non Profit Organization Concessions Operations Agreement, Non Profit Organization Concessions Operations Agreement, Non Profit Organization Concessions Operations Agreement