Loyalty Program Fee definition
Loyalty Program Fee means an amount assessed based on defined costs associated with the Loyalty Program, not greater than one percent (1%) of Gross Revenues or such greater amount otherwise mutually agreed upon between Owner and Manager.
Loyalty Program Fee means an amount per Hotel assessed based on defined costs associated with the Loyalty Program, not greater than one percent (1%) of Gross Room Revenues for such Hotel or such greater amount otherwise mutually agreed upon between the applicable Owner and Manager.
Loyalty Program Fee means an amount assessed based on defined costs associated with the Loyalty Program, not greater than one percent (1%) of Gross Revenues or such greater amount otherwise mutually agreed upon between Owner and Manager. “Major Renovation” means a renovation, repair or restoration of the Hotel which impacts guest room availability or the use of public, function and outlet space so significantly that Owner and Manager agree it is a major renovation.
Examples of Loyalty Program Fee in a sentence
Other than the charges for the national reservation system services, for which Manager receives the Reservation Fee, the Loyalty Program Fee and the Marketing Program Fee, the charges for the services listed in this Section 1.03.A. shall not be separately compensated and are included in the System Fee.
Nothing in this Section shall affect your obligation to pay any other fees and amounts owed under this Agreement (including the Membership Fee and the Additional Fees described in Schedule C such as the Loyalty Program Fee, Customer Care Fee and all other fees, commissions, and charges) which must be paid as stated in this Agreement.