Booking Payment definition

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Booking Payment means the first payment due to Us that the Lead Client makes to secure the Booking, It is part of the “Booking Payment” made to the Introducer, (which may be referred to as the ‘Deposit’ in the Introducer’s website booking/payment process pages). The Booking Payment is a sum equal to 35% of the Rental Rate, plus the Introduction Fee of 12% and the Cancellation Fee of 8% is therefore approximately 50% of the Advertised Rate (but can vary). If the Check-In Date is within 6 calendar months from the initial booking date, then this payment will equal 100% of the Advertised Rate (also referred to as the “Total” on the Site booking/payment pages) plus all Extras. In all cases the Lead Client will receive confirmation of the exact sums due via the terms set out in the Booking Request Reply before they enter a contract;

Booking Payment has the meaning given in clause 6.5;

Examples of Booking Payment in a sentence

Booking confirmation will be emailed to the GUEST upon receipt of the Booking Payment, along with a scan of the signed (by ANSA) AGREEMENT.
White Beach Holiday will not increase the price of a holiday once the Booking Payment has been received.
Cancellations  After 3 months prior to arrival: Booking Payment will not be refunded.
This shall be done through a secure portal on the Booking Payment System provided by an authorised provider.
If the Final Payment is not paid on time, White Beach Holiday reserves the right to cancel the holiday booking, in which case the Booking Payment will be forfeited.
In the event Customer refers PNRs created in the Sabre System to a Sabre travel agency for ticketing and in lieu of paying the Booking Payment and the Marketing Payment, Sabre will pay Customer a PNR referral payment ("PNR REFERRAL PAYMENT"), on a monthly basis, equal to [TEXT OMITTED - CONFIDENTIAL TREATMENT REQUESTED] per referred PNR.
If the Final Payment is not paid on time, White Beach Holiday will automatically cancel the booking 3 days after the Final Payment becomes due (53 days before the start of the holiday, 25 days for Returning Customers), in which case the Booking Payment will be forfeited and the Cancellation Clause will be invoked.
If a contract is made, you will pay us the Booking Payment you receive from the customer and the balance of the Full Price received by you from the customer (less any permitted deduction under clause 8.5), in accordance with the Balance Due Date.
If the Final Payment is not paid on time, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Cottage reserves the right to cancel the holiday booking 3 days after the Final Payment becomes due, in which case the Booking Payment will be forfeited.
Without limiting the generality of the above, ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ does not guarantee that the operation of the Booking Payment System will be uninterrupted, continuous or error free, and ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ has no liability to Holidaymakers in respect of any such deficiency of service or for any loss or damage of any nature whatsoever which Holidaymakers may suffer or incur as a result.

More Definitions of Booking Payment

Booking Payment means the initial payment due for securing the Booking. It may be referred to as the ‘Deposit’ in the Site booking/payment process pages. It comprises Our Fee and the initial payment to the Property Provider as defined by the Property Provider’s own terms and conditions (also known as the “Booking Payment”) and agreed by the Renter/Lead Renter. This is typically a sum equal to 35% of the Rental Rate, plus Our Fee and is therefore approximately 40% of the Advertised Rate, (but can vary). If the Check-In Date is within 6 calendar months from the initial booking date, then this payment will equal 100% of the Advertised Rate plus all Extras (which are also referred to as the “Total” or “Property

Booking Payment means the initial payment due for securing the Booking. It may be referred to as the ‘Deposit’ in the Site