Services to be provided by the Manager. (a) In accordance with the terms and subject to the conditions hereof, the Manager agrees to provide the following management and advisory services (together with services necessary or incidental thereto, "Management Services") to the ▇▇▇▇ Entities on an ongoing basis in connection with the ownership and operation of the Business by the Wynn Entities during the term of this Agreement. (b) The Manager shall provide customary management and advisory services with respect to the operation of the Business, to consist of the following necessary or incidental thereto: (i) advice concerning the hiring, termination, performance and training of personnel; (ii) review, consultation and advice concerning personnel, operations, and other management and operating policies and procedures; (iii) recommendations on all necessary action to keep the operation of the Business in compliance, in all material respects, with the conditions of all licenses (including gaming licenses) and all applicable rules, regulations and orders of any federal, state, county or municipal authority having jurisdiction over the Business; (iv) development of recommendations for, and negotiate the acquisition and maintenance of, insurance coverage with respect to the Business; (v) guidance on all marketing, sales promotions and advertising for the Business; (vi) assistance in the financial budgeting process and the implementation of appropriate accounting, financial, administrative and managerial controls for the Business; (vii) preparation for use by the ▇▇▇▇ Entities of financial reports and maintenance of books of accounts and other records reflecting the results of operation of Business (which at all times shall be maintained in a manner which permits the assets and liabilities of the Wynn Entities to be separately identified from those of the Manager); and (viii) advice and consultation with the ▇▇▇▇ Entities in connection with any and all aspects of the Business and the day to day operation thereof, and consultation with the ▇▇▇▇ Entities with respect to the selection of attorneys, consultants and accountants.
Appears in 1 contract
Services to be provided by the Manager. (a) In accordance with the terms and subject to the conditions hereof, the Manager agrees to provide the following management and advisory services (together with services necessary or incidental thereto, "“Management Services"”) to the ▇▇▇▇ Entities on an ongoing basis in connection with the ownership and operation of the Business by the Wynn Entities during the term of this Agreement.
(b) The Manager shall provide customary management and advisory services with respect to the operation of the Business, to consist of the following necessary or incidental thereto:
(i) advice concerning the hiring, termination, performance and training of personnel;
(ii) review, consultation and advice concerning personnel, operations, and other management and operating policies and procedures;
(iii) recommendations on all necessary action to keep the operation of the Business in compliance, in all material respects, with the conditions of all licenses (including gaming gaining licenses) and all applicable rules, regulations and orders of any federal, state, county or municipal authority having jurisdiction over the Business;
(iv) development of recommendations for, and negotiate the acquisition and maintenance of, insurance coverage with respect to the Business;
(v) guidance on all marketing, sales promotions and advertising for the Business;
(vi) assistance in the financial budgeting process and the implementation of appropriate accounting, financial, administrative and managerial controls for the Business;
(vii) preparation for use by the ▇▇▇▇ Entities of financial reports and maintenance of books of accounts and other records reflecting the results of operation of the Business (which at all times shall be maintained in a manner which permits the assets and liabilities of the Wynn Entities to be separately identified from those of the Manager);
(viii) consultation with the ▇▇▇▇ Entities with respect to the selection of attorneys, consultants and accountants; and
(viiiix) advice and consultation with the ▇▇▇▇ Entities in connection with any and all aspects of the Business and the day to day operation thereof, and consultation with the ▇▇▇▇ Entities with respect to the selection of attorneys, consultants and accountants.
Appears in 1 contract
Services to be provided by the Manager. (a) In accordance with the terms and subject to the conditions hereof, the Manager agrees to provide the following management and advisory services (together with services necessary or incidental thereto, "Management Services") to the ▇▇▇▇ Entities on an ongoing basis in connection with the ownership and operation of the Business by the Wynn ▇▇▇▇ Entities during the term of this Agreement.
(b) The Manager shall provide customary management and advisory services with respect to the operation of the Business, to consist of the following necessary or incidental thereto:
(i) advice concerning the hiring, termination, performance and training of personnel;
(ii) review, consultation and advice concerning personnel, operations, and other management and operating policies and procedures;
(iii) recommendations on all necessary action to keep the operation of the Business in compliance, in all material respects, with the conditions of all licenses (including gaming licenses) and all applicable rules, regulations and orders of any federal, state, county or municipal authority having jurisdiction over the Business;
(iv) development of recommendations for, and negotiate the acquisition and maintenance of, insurance coverage with respect to the Business;
(v) guidance on all marketing, sales promotions and advertising for the Business;
(vi) assistance in the financial budgeting process and the implementation of appropriate accounting, financial, administrative and managerial controls for the Business;
(vii) preparation for use by the ▇▇▇▇ Wynn Entities of financial reports and maintenance of books of accounts and other records reflecting the results of operation of Business (which at all times shall be maintained in a manner which permits the assets and liabilities of the Wynn ▇▇▇▇ Entities to be separately identified from those of the Manager); and
(viii) advice and consultation with the ▇▇▇▇ Entities in connection with any and all aspects of the Business and the day to day operation thereof, and consultation with the ▇▇▇▇ Entities with respect to the selection of attorneys, consultants and accountants.
Appears in 1 contract