Lowest Rate definition
Lowest Rate. Hotel may not offer a published room rate lower than what has been stated in this contract to any other groups/individuals/third party providers wishing to book at the hotel over the group dates. Should the hotel extend any type of lower room rate over group dates outlined in this contract, the hotel agrees to extend the lower rate to Group. Previous corporate and wholesale contracts excluded.
Lowest Rate. Hotel warrants that it shall provide to the Regional Event attendees the lowest rate offered by Hotel during the Event dates, excluding previously negotiated volume corporate discounts. Other Functions: Hotel shall promptly notify the Regional of any concurrent or overlapping conferences, special events, or other attractions to be held in Hotel during the Regional’s Event. Hotel warrants to the Regional that there will be no distractions or disturbances, which will affect the ordinary use of function and meeting rooms, or other facilities to be used by the Regional and its attendees. Renovation: Hotel will promptly notify the Regional of any significant construction or remodeling to be performed in Hotel during the Event. Hotel will endeavor to keep such activity from distracting or interfering with the use of meeting rooms or other facilities to be used during the Event. If it is reasonably anticipated that there will be a significant interference, Hotel will arrange comparable meeting and guest room facilities at a nearby hotel. Ownership and Management: Hotel shall promptly advise the Regional of any change in Hotel's management or ownership. This Agreement may be cancelled by the Regional without penalty if there is any change in management or ownership of Hotel or any filing for protection from creditors under either state or federal law, provided the Regional notifies Hotel of such cancellation in writing within thirty (30) days after the Regional is advised by Hotel of such change. Impossibility: The performance of the Agreement by either party is subject to acts of God, war, government regulation, disaster, fire, strikes, civil disorder, curtailment of transportation facilities preventing or unreasonably delaying at least twenty-five percent (25%) of Event attendees and guests from appearing at the Regional’s Event, or other similar cause beyond the control of the parties making it inadvisable, illegal, or impossible to hold the Event or provide the facility. This Agreement may be terminated without penalty for any one or more of such reasons by written notice from one party to the other. Insurance: Hotel shall carry liability, fire, burglary and other insurance in such dollar amount as necessary to protect itself against any claims arising from any activities conducted in Hotel during the Event, and to indemnify the Regional as provided in this Agreement. Walk Policy: If Hotel does not provide a sleeping room to a Regional meeting attendee holding...
Lowest Rate. Hotel warrants that it shall provide to the Event attendees the lowest rate offered by Hotel during the Event dates, excluding previously negotiated volume corporate discounts. Other Functions: Hotel shall promptly notify the Event of any concurrent or overlapping conferences, special events, or other attractions to be held in Hotel during the aforementioned Event. Hotel warrants to the Event that there will be no distractions or disturbances, which will affect the ordinary use of function and meeting rooms, or other facilities to be used by the Event and its attendees. Renovation: Hotel will promptly notify the Event of any significant construction or remodeling to be performed in Hotel during the Event. Hotel will endeavor to keep such activity from distracting or interfering with the use of meeting rooms or other facilities to be used during the Event. If it is reasonably anticipated that there will be a significant interference, Hotel will arrange comparable meeting and guest room facilities at a nearby hotel. Ownership and Management: Hotel shall promptly advise the Event of any change in Hotel's management or ownership. This Agreement may be cancelled by the Event without penalty if there is any change in management or ownership of Hotel or any filing for protection from creditors under either state or federal law, provided the Event notifies Hotel of such cancellation in writing within thirty (30) days after the Event is advised by Hotel of such change.
Examples of Lowest Rate in a sentence
The Lowest Rate shall be the royalty late if, on or before April 20, 2014, GBS pays to IDT ******** in addition to the fees paid by GBS to IDT specified in 3.1, 3.2 and 3.4 of the Agreement.
The Lowest Rate shall be the royalty rate if, on or before April 20, 2013, GBS pays to IDT ******** in addition to license fees paid by GBS to IDT specified in 3.1 and 3.2 of the Agreement.
The Lowest Rate shall be the royalty rate if, on or before the second anniversary date of this agreement, GBS pays to IDT *********in addition to license fees paid by GBS to IDT specified in 3.1 and 3.2 of the Agreement.
The Lowest Rate shall be the royalty late if, on or before April 20, 2015, GBS pays to IDT ****** in addition to the fees paid by GBS to IDT specified in 3.1, 3.2, 3.4 and 3.5 of the Agreement.