Per-PNR Fee definition
Examples of Per-PNR Fee in a sentence
Within 30 days after the end of each Agreement Year, Orbitz shall pay ITA the Per-PNR Fee applicable to PNRs in excess of the number of PNRs comprised in the Annual Minimum for such Agreement Year.
ITA will have the right, no more than once per Agreement Year and on at least thirty (30) days’ prior written notice to Orbitz, to retain a public accounting firm, reasonably acceptable to Orbitz, to audit Orbitz’s calculation of the number of QPX-Powered PNRs subject to the Per-PNR Fee, as well as the number of Queries comprised in the calculation of the Look-to-Book Ratio.
The Per-PNR Fee will apply to all QPX-Powered PNRs created on White Label Sites, pursuant to Section 2(c), except that in the event the business model for a White Label Site does not consist primarily of using search to generate bookings on Orbitz, then Orbitz may not provide the ITA Technology to such White Label Site unless and until ITA and Orbitz have agreed to such use of the ITA Technology and the manner in which the fee for such white label use would be calculated.
ITA will have the right, no more than once per Agreement Year and on at least thirty (30) days' prior written notice to Orbitz, to retain a public accounting firm, reasonably acceptable to Orbitz, to audit Orbitz's calculation of the number of QPX-Powered PNRs subject to the Per-PNR Fee and ReShop Tickets subject to the ReShop Ticket Fee, as well as the numbers of Queries comprised in the calculation of the Look-to-Book Ratio and the ReShop Look-to-Book Ratio, as well as the Third Party Excess License Fee.
If, however, in the next Agreement Year, in which occurred the next six-month period that the Booking Issue was in effect, Orbitz created (***) QPX-Powered PNRs, then the Annual Minimum for such Agreement Year would be deemed to be reduced by 200,000 PNRs (i.e., to (***)), and Orbitz would be obligated to pay for (***) QPX-Powered PNRs at a Per-PNR Fee of $(***).
The Per-PNR Fee will apply to all QPX-Powered PNRs created on White Label Sites, pursuant to Section 2(c), except that in the event the business model for a White Label Site does not consist primarily of using search to generate bookings on Orbitz, then Orbitz may not provide QPX to such White Label Site unless and until ITA and Orbitz have agreed to such use of QPX and the manner in which the fee for such white label use would be calculated.
The Per-PNR Fee will be subject to a minimum (the “Annual Minimum”) of $(***) per Agreement, representing (***) PNRs per year.
Effective as of January 1, 2011, the Per-PNR Fee will be $(***) for for all Base PNRs created during any Agreement Year and $(***) for all Excess PNRs created during any Agreement Year, except in either case as set forth in Section 8(c).
If, however, in the next Agreement Year, in which occurred the next six-month period that the Booking Issue was in effect, Orbitz created (***) QPX-Powered PNRs, then the Annual Minimum for such Agreement Year would be deemed to be reduced by an amount equal to the Per-PNR Fee for (***) PNRs (i.e., by $(***), to$(***)) , and Orbitz would be obligated to pay for (***)QPX-Powered PNRs at a Per-PNR Fee of $(***).
The Per-PNR Fee will be subject to a minimum (the “Annual Minimum”) of $(***) per Agreement Year, which is calculated based upon the number of Base PNRs for such year; however, pursuant to the last sentence of Section 8(m)(i) fees paid with respect to ReShop Functionality may also be applied to the Annual Minimum.