Common use of Reservation System Clause in Contracts

Reservation System. A. Licensor will make the Reservation System available to Licensee in connection with the MVW Xxxx-Xxxxxxx Business, including for reservations relating to Member usage, marketing usage, transient rental usage, and other usages of Xxxx-Xxxxxxx Destination Club Units and Xxxx-Xxxxxxx Residential Units. All Xxxx-Xxxxxxx Destination Club Units and Xxxx-Xxxxxxx Residential Units inventory made available by Licensee for transient rental stays of thirty (30) days or less must be listed in the Reservation System, but such inventory shall not be included in Lodging Competitors’ distribution channels, provided that for the purposes hereof, any distribution channels included within Licensor’s channel standards or otherwise approved by Licensor shall not be deemed Lodging Competitors’ distribution channels. Licensee will comply with all Brand Standards applicable to the MVW Xxxx-Xxxxxxx Business related to participation in the Reservation System, including, without limitation, the prohibitions on the inclusion of transient rental inventory other than inventory in Licensor Lodging Facilities or in Projects in elements of the Reservation System visible by customers, travel agents, and other members of the public. For purposes of the foregoing, Licensor and Licensee acknowledge that the seasonal nature of the Xxxx-Xxxxxxx Destination Club Business and Member use patterns (including increased Member use in high demand seasons) and leisure-based use patterns (including higher weekend occupancy and lower weekday occupancy) create transient rental inventory availability patterns that may differ from those for Licensor Lodging Facilities. As such, certain Brand Standards relating to participation in the Reservation System may not be suitable for the Xxxx-Xxxxxxx Destination Club Business (such as minimum room availability requirements for Brand Loyalty Program redemptions or the “50% Off Associate Rate” winter offer).

Reservation System. A. Licensor will make the Reservation System available to Licensee in connection with the MVW Xxxx-Xxxxxxx Licensed Business, including for reservations relating to Member usage, marketing usage, transient rental usage, and other usages of Xxxx-Xxxxxxx Licensed Destination Club Units and Xxxx-Xxxxxxx Licensed Residential Units. All Xxxx-Xxxxxxx Licensed Destination Club Units and Xxxx-Xxxxxxx Licensed Residential Units inventory made available by Licensee for transient rental stays of thirty (30) days or less must be listed in the Reservation System, but such inventory shall not be included in Lodging Competitors’ distribution channels, provided that for the purposes hereof, any distribution channels included within Licensor’s channel standards or otherwise approved by Licensor shall not be deemed Lodging Competitors’ distribution channels. Licensee will comply with all Brand Standards applicable to the MVW Xxxx-Xxxxxxx Licensed Business related to participation in the Reservation System, including, without limitation, the prohibitions on the inclusion of transient rental inventory other than inventory in Licensor Lodging Facilities or in Licensed Projects in elements of the Reservation System visible by customers, travel agents, and other members of the public. For purposes of the foregoing, Licensor and Licensee acknowledge that the seasonal nature of the Xxxx-Xxxxxxx Licensed Destination Club Business and Member use patterns (including increased Member use in high demand seasons) and leisure-based use patterns (including higher weekend occupancy and lower weekday occupancy) create transient rental inventory availability patterns that may differ from those for Licensor Lodging Facilities. As such, certain Brand Standards relating to participation in the Reservation System may not be suitable for the Xxxx-Xxxxxxx Licensed Destination Club Business (such as minimum room availability requirements for Brand Loyalty Program redemptions or the “50% Off Associate Rate” winter offer).

Reservation System. A. Licensor will make the Reservation System available to Licensee in connection with the MVW Xxxx-Xxxxxxx Licensed Business, including for reservations relating to Member usage, marketing usage, transient rental usage, and other usages of Xxxx-Xxxxxxx Licensed Destination Club Units and Xxxx-Xxxxxxx Licensed Residential Units. All Xxxx-Xxxxxxx Licensed Destination Club Units and Xxxx-Xxxxxxx Licensed Residential Units inventory made available by Licensee for transient rental stays of thirty (30) days or less must be listed in the Reservation System, but such inventory shall not be included in Lodging Competitors’ distribution channels, provided that for the purposes hereof, any distribution channels included within Licensor’s channel standards or otherwise approved by Licensor shall not be deemed Lodging Competitors’ distribution channels. Licensee will comply with all Brand Standards applicable to the MVW Xxxx-Xxxxxxx Licensed Business related to participation in the Reservation System, including, without limitation, the prohibitions on the inclusion of transient rental inventory other than inventory in Licensor Lodging Facilities or in Projects in elements of the Reservation System visible by customers, travel agents, and other members of the public. For purposes of the foregoing, Licensor and Licensee acknowledge that the seasonal nature of the Xxxx-Xxxxxxx Licensed Destination Club Business and Member use patterns (including increased Member use in high demand seasons) and leisure-based use patterns (including higher weekend occupancy and lower weekday occupancy) create transient rental inventory availability patterns that may differ from those for Licensor Lodging Facilities. As such, certain Brand Standards relating to participation in the Reservation System may not be suitable for the Xxxx-Xxxxxxx Licensed Destination Club Business (such as minimum room availability requirements for Brand Loyalty Program redemptions or the “50% Off Associate Rate” winter offer).