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1. Parties: Identification and details of all partners entering the hotel partnership agreement
2. Background: Context of the partnership formation and brief description of the hotel business
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Partnership Structure: Legal form of partnership, ownership percentages, and registration requirements
5. Term and Commencement: Duration of the partnership and conditions for commencement
6. Capital Contributions: Details of initial and ongoing capital contributions from each partner
7. Property and Assets: Description of hotel property, facilities, and other partnership assets
8. Management and Operations: Management structure, decision-making processes, and operational responsibilities
9. Financial Arrangements: Revenue sharing, profit distribution, accounting practices, and financial reporting
10. Partner Rights and Obligations: Detailed responsibilities and rights of each partner
11. Regulatory Compliance: Commitment to comply with relevant Dutch hospitality and business regulations
12. Insurance and Liability: Required insurance coverage and allocation of liabilities
13. Confidentiality: Protection of partnership and business confidential information
14. Termination: Conditions and processes for partnership termination
15. Dispute Resolution: Procedures for resolving disputes between partners
16. Governing Law: Specification of Dutch law as governing law and jurisdiction
1. Intellectual Property: Required when partners bring existing IP or plan to develop branded concepts
2. Employee Matters: Needed when addressing specific employment arrangements or staff transfers
3. Multiple Properties: Include when partnership covers multiple hotel properties
4. Development and Expansion: Required when planning future hotel developments or expansions
5. Environmental Compliance: Include when specific environmental commitments or certifications are required
6. Marketing and Branding: Needed when establishing specific marketing responsibilities and brand standards
7. Force Majeure: Include when specific provisions for unforeseen circumstances are required
8. Non-Competition: Add when partners need restrictions on competing activities
1. Property Details: Detailed description of hotel property, including address, facilities, and amenities
2. Capital Contributions Schedule: Detailed breakdown of each partner's capital contributions
3. Asset Register: Comprehensive list of partnership assets and their values
4. Management Structure: Detailed organizational chart and management responsibilities
5. Financial Procedures: Detailed accounting procedures and financial reporting requirements
6. Insurance Requirements: Specific insurance policies and coverage requirements
7. Operating Licenses: Copies of all required hotel operating licenses and permits
8. Service Standards: Detailed hotel service standards and operating procedures
9. Partner Contact Details: Complete contact information for all partners and key personnel
Applicable Laws
Asset Register
Business Day
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Control
Default Event
Effective Date
Encumbrance
Financial Year
Force Majeure Event
Gross Operating Profit
Hotel
Hotel Assets
Hotel Licenses
Hotel Management System
Hotel Personnel
Hotel Property
Initial Term
Intellectual Property Rights
Management Committee
Managing Partner
Net Operating Profit
Operating Account
Operating Expenses
Operating Standards
Partnership
Partnership Interest
Partnership Property
Partners
Permitted Use
Property
Regulatory Authorities
Related Party
Renewal Term
Reserved Matters
Revenue
Service Standards
Share
Term
Territory
Transfer
Working Capital
Term and Renewal
Capital Contributions
Ownership Structure
Management Rights
Partner Obligations
Decision Making
Financial Arrangements
Profit and Loss Sharing
Operating Requirements
Property Management
Staff and Employment
Insurance
Intellectual Property
Confidentiality
Non-Competition
Data Protection
Health and Safety
Environmental Compliance
Regulatory Compliance
Force Majeure
Representations and Warranties
Indemnification
Default
Transfer Restrictions
Change of Control
Termination
Exit Rights
Dispute Resolution
Governing Law
Assignment
Notices
Entire Agreement
Severability
Amendments
Further Assurance
Hospitality
Real Estate
Tourism
Food and Beverage
Entertainment
Events and Conferences
Property Management
Hotel Development
Investment and Finance
Leisure and Recreation
Legal
Operations
Finance
Business Development
Real Estate
Compliance
Property Management
Investment
Corporate Development
Risk Management
Hotel General Manager
Chief Executive Officer
Chief Financial Officer
Operations Director
Property Developer
Investment Manager
Legal Counsel
Business Development Manager
Asset Manager
Hotel Owner
Managing Partner
Development Director
Real Estate Manager
Hospitality Consultant
Compliance Officer
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