Partial Operations. During the period of partial operations of the Hotel commencing on the Partial Opening Date and ending on the Full Opening Date, Owner shall pay a License Fee/Basic Fee to Licensor/Operator calculated in the above described manner, and in an Incentive Fee as hereinafter set forth. `
Appears in 2 contracts
Sources: Management Contract (Huayang International Holdings Inc), Management Contract (Huayang International Holdings Inc)