Common use of Reservation Services Clause in Contracts

Reservation Services. In conjunction with the Code Share, the Parties will perform certain Reservation Services on each other's behalf, including but not limited to booking reservations, processing credit card transactions, collecting credit card payments and remitting various fees, commissions and charges related to the reservations. In order to monitor the cash flow related to the reservation services, the Parties will maintain inter-company accounts to reflect Reservation Services performed on behalf of each other. On a weekly basis, the Parties will perform a Settlement by reconciling inter-company accounts to determine the net amount due to a Party in payment for the Reservation Services, a process which is more fully described in ▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇.

Reservation Services. In conjunction with the Code Share, the Parties will perform certain Reservation Services on each other's behalf, including but not limited to booking reservations, processing credit card transactions, collecting credit card payments and remitting various fees, commissions and charges related to the reservations. In order to monitor the cash flow related to the reservation services, the Parties will maintain inter-company accounts to reflect Reservation Services performed on behalf of each other. On a weekly basis, the Parties will perform a Settlement by reconciling inter-company accounts to determine the net amount due to a Party in payment for the Reservation Services, a process which is more fully described in ▇▇▇▇Para▇▇▇▇▇ ▇▇, ▇▇▇▇▇.