Addition Fee definition
Examples of Addition Fee in a sentence
You will pay our Rooms Addition Fee then in effect for each guest room you add to the Facility.
You must pay the Room Addition Fee to us when you submit an application for the Room Addition, and you must submit that application to us before you enter into any agreement to construct the Room Addition.
If we consent to the addition of Guest Rooms at the Hotel, you must pay us our then-current Room Addition Fee.
If you add or construct additional Guest Rooms at the Hotel at any time after you sign this Agreement, you will pay us a nonrefundable fee equal to the prevailing per Guest Room initial fee charged to System hotels multiplied by the number of additional Guest Rooms ("Room Addition Fee").
If we disapprove your application, we will refund your Room Addition Fee, less a processing fee and the PIP Fee, if any.
You must pay the Room Addition Fee to us when you submit an application to add any Guest Rooms to the Hotel, and you must submit that application to us before you enter into any agreement to add any Guest Rooms to the Hotel.
The Room Addition Fee will become non-refundable upon our approval of your Room Addition application.
Any Expansion Origination Fee shall be reduced by the amount of any Collateral Addition Fee paid by the Borrower in respect of any Additional Mortgaged Properties added to the Collateral Pool in conjunction with such expansion.
You will not be required to pay a Rooms Addition Fee for the Addition.
In consideration of obtaining a license to the GROUP C PATENT RIGHTS, COMPANY shall pay to M.I.T. an Improvement Addition Fee of [***] which shall be due to M.I.T. within [***] days of the Third Amendment Effective Date.