NON-COMMISSIONABLE Sample Clauses

NON-COMMISSIONABLE. The Guest Room Rates set forth above are confirmed on a net, non-commissionable basis. GUEST ROOM: 14.00% Either the Hotel or Group may cancel this contract without cause upon written notice to the other party at any time prior to the event. In the event that COVID-19 impact extends to a reasonable time frame to Group’s arrival date, Hotel will contact Group for potential courtesy cancellation or group block rescheduling. **Individual cancellations must be made 72 hours prior to arrival. Any cancellations within 72 hours of arrival or no-shows will be subject to a charge of one night room and tax.

NON-COMMISSIONABLE. These rates are confirmed on a net non-commissionable basis.

NON-COMMISSIONABLE. The Guest Room Rates set forth above are confirmed on a net, non-commissionable basis. By entering into this Agreement, it is understood that Hotel is relying on, and Group is agreeing to provide, the Daily Contracted Guest Room Revenue and Group is responsible to achieve the Daily Guest Room Revenue Minimum, during each date of the Event, as set forth in the Guest Room Block (plus any applicable taxes, service charges and other fees). Hotel agrees to allow Group to reduce its Daily Contracted Guest Room Revenue by 20% percent per day (referred to as the "Daily Guest Room Revenue Minimum"). Should Group's actualized guest room revenue fall below the Daily Guest Room Revenue Minimum, Group shall pay as liquidated damages the difference between the Daily Guest Room Revenue Minimum and the daily actualized guest room revenue, plus any applicable taxes and service charges, as calculated on a daily basis ("Attrition Charges"). However, on any date Group does not meet its Daily Guest Room Revenue Minimum and Hotel achieves one hundred percent 100% occupancy for that date, the Daily Guest Room Revenue Minimum will be considered fulfilled for that date and no Attrition Charges will be due for that date. Overachievement of the Daily Contracted Guest Room Revenue or the Daily Guest Room Revenue Minimum for any date during the Event may not be applied to any other date during the Event. Attrition Charges owed to the Hotel under this Section, if any, will be posted to Group's Master Account together with any applicable taxes and service charges. Group may not transfer or resell its rights under this Agreement to any third party for purposes of reselling unused portions of its Guest Room Block or fulfilling the Daily Contracted Guest Room Revenue Minimum. Hotel and Group intend to liquidate the damages suffered by Hotel in the event that Group fails to meet the Daily Contracted Guest Room Revenue Commitment set forth in this Section. Therefore, Group and Hotel agree that: (a) the damages suffered by Hotel in the event that the Contracted Guest Room Revenue Commitment is not met are difficult to calculate; (b) the above formula is a reasonable estimate of such damages; and (c) the Attrition Charges do not constitute a penalty. Group’s obligations under this Section shall survive completion of this Agreement.