Common use of PREPAYMENT BASIS Clause in Contracts

PREPAYMENT BASIS. Unless Direct Billing has been established, the room, tax and service fees of the entire stay have to be prepaid 30 days prior to arrival. In case the pre-payment is not received as stipulated above, the hotel reserves the right to cancel the booking or charge interest at 2% per month on any outstanding amounts. To apply for direct billing please email ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇; in case of a direct billing agreement the payment of the invoice needs to be settled within 30 days from receiving the invoice from the resort; after 30 days penalty charges may apply.

PREPAYMENT BASIS. Unless Direct Billing has been established, the The room, tax and service fees of the entire stay have to be prepaid 30 days prior to arrival. In case the pre-payment is not received as stipulated above, the hotel reserves the right to cancel the booking or charge interest at 2% per month on any outstanding amounts. To apply for direct billing please email ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇; in case of a direct billing agreement the payment of the invoice needs to be settled within 30 days from receiving the invoice before of arrival from the resort; after 30 days penalty charges may apply.