Consumed Transaction definition
Examples of Consumed Transaction in a sentence
In consideration for the marketing services provided by Affiliate in accordance with this Agreement, and subject to Clause A2 below, Expedia shall pay Affiliate Marketing Fees on Transactions which are completed, stayed or consumed by the Customer ("Consumed Transactions") during the Term on either a flat fee or percentage of Gross Transaction Value (as defined below) basis for each type of Consumed Transaction as set out below (the "Marketing Fees").
For the purpose of this Agreement, "Gross Transaction Value" or "GTV" means, for each Consumed Transaction, the total price (including taxes and fees) actually paid by Customers to Expedia or an Expedia Group Member on whose behalf Affiliate has directly effectuated the Transaction with Expedia and that Transaction is deemed to be a Consumed Transaction by Expedia.