Room Addition definition
Examples of Room Addition in a sentence
You must pay the Room Addition Fee to us when you submit an application for the Room Addition, and you must submit that application to us before you enter into any agreement to construct the Room Addition.
If we consent to the addition of Guest Rooms at the Hotel, you must pay us our then-current Room Addition Fee.
If you add or construct additional Guest Rooms at the Hotel at any time after you sign this Agreement, you will pay us a nonrefundable fee equal to the prevailing per Guest Room initial fee charged to System hotels multiplied by the number of additional Guest Rooms ("Room Addition Fee").
If we disapprove your application, we will refund your Room Addition Fee, less a processing fee and the PIP Fee, if any.
You must pay the Room Addition Fee to us when you submit an application to add any Guest Rooms to the Hotel, and you must submit that application to us before you enter into any agreement to add any Guest Rooms to the Hotel.
The Room Addition Fee will become non-refundable upon our approval of your Room Addition application.
As a condition to our granting approval of your Room Addition application, we may require you to modernize, rehabilitate or upgrade the Hotel, subject to Subparagraph 6.b. of this Agreement, and to pay us our then prevailing PIP fee (“PIP Fee”) to prepare a PIP to determine the renovation requirements for the Hotel.
We may also require you to execute an amendment to this Agreement covering the terms and conditions of the Room Addition, which may include an estoppel and general release of claims against us, the Entities, and related persons.
We will follow our then-current procedure for processing your Room Addition request.
As a condition to our granting approval of your Room Addition Application, we may require you to modernize, rehabilitate or upgrade the Hotel, subject to Subparagraph 6(b) of this Agreement, and to pay us our then prevailing PIP Fee to prepare a PIP to determine the renovation requirements for the Hotel.