GROSS ROOM definition
Examples of GROSS ROOM in a sentence
WITHIN 10 DAYS AFTER THE END OF EACH CALENDAR -------------------- MONTH, YOU WILL SEND US A STATEMENT (IN A FORM THAT WE REQUIRE) SHOWING THE HOTEL'S GROSS ROOM REVENUES, OCCUPANCY AND OTHER RELATED- INFORMATION THAT WE REQUEST.
BEGINNING ON THE OPENING DATE, YOU WILL PAY US A ROYALTY ----------- FEE OF [__%] OF YOUR GROSS ROOM REVENUES EACH MONTH DURING THE TERM AS SET FORTH IN EXHIBIT [__] ATTACHED HERETO.
YOU WILL KEEP AT THE HOTEL OR, IF YOU NOTIFY US IN --------------- WRITING, YOUR PRINCIPAL PLACE OF BUSINESS, FOR AT LEAST 3 YEARS, ACCURATE HOTEL ACCOUNTS, BOOKS, RECORDS AND DATA, INCLUDING INFORMATION ON HOTEL ROOM RENTALS, GROSS ROOM REVENUES AND PROFITABILITY ("HOTEL DATA").
BEGINNING ON THE OPENING DATE, YOU WILL PAY US A ------------- MARKETING FEE OF [__%] OF YOUR GROSS ROOM REVENUES EACH MONTH DURING THE TERM AS SET FORTH IN EXHIBIT [__] ATTACHED HERETO.
WITHIN 10 DAYS AFTER THE END OF EACH -------------------- CALENDAR MONTH, YOU WILL SEND US A STATEMENT (IN A FORM THAT WE REQUIRE) SHOWING THE HOTEL'S GROSS ROOM REVENUES, OCCUPANCY AND OTHER RELATED-INFORMATION THAT WE REQUEST.
BEGINNING ON THE OPENING DATE, YOU WILL PAY US A ----------- ROYALTY FEE OF [__%] OF YOUR GROSS ROOM REVENUES EACH MONTH DURING THE TERM AS SET FORTH IN EXHIBIT [__] ATTACHED HERETO.
YOU WILL KEEP AT THE HOTEL OR, IF YOU NOTIFY US --------------- IN WRITING, YOUR PRINCIPAL PLACE OF BUSINESS, FOR AT LEAST 3 YEARS, ACCURATE HOTEL ACCOUNTS, BOOKS, RECORDS AND DATA, INCLUDING INFORMATION ON HOTEL ROOM RENTALS, GROSS ROOM REVENUES AND PROFITABILITY ("HOTEL DATA").
IN FURTHER CONSIDERATION OF THE FRANCHISE GRANTED HEREIN, ------- FRANCHISEE SHALL PAY TO FRANCHISOR A CONTINUING MONTHLY ROYALTY FEE DURING THE TERM OF THIS AGREEMENT IN AN AMOUNT EQUAL TO FOUR AND ONE-HALF PERCENT (4.5%) OF FRANCHISEE'S GROSS ROOM REVENUES (DEFINED BELOW).