Common use of VENDING MACHINE PROCEEDS Clause in Contracts

VENDING MACHINE PROCEEDS. A. METRO agrees to lease space for vending machines in Transit facilities to an organization which will in turn contract with the UNION for payment of the historical and traditional 25% of the net proceeds it receives from these vending machines directly to the UNION. The UNION will then forward those monies to the Puget Sound Labor Agency or the Local 587 Retirees Chapter for social, recreational and charitable purposes. B. METRO will not terminate its contract with MERAA and/or its successors as long as that organization agrees to provide the aforesaid 25% of the net proceeds.

VENDING MACHINE PROCEEDS. A. METRO agrees to lease space for vending machines in Transit facilities to an organization which will in turn contract with the UNION for payment of the historical and traditional twenty-five percent (25% %) of the net proceeds it receives from these vending machines directly to the UNION. The UNION will then forward those monies to the Puget Sound Labor Agency or the ATU, Local 587 Support Group or Retirees Chapter for social, recreational and charitable purposes.. See MOA page 171 B. METRO will not terminate its contract with MERAA and/or its successors as long as that organization agrees to provide the aforesaid twenty-five percent (25% %) of the net proceeds.