Common use of Room Block Attrition Clause in Contracts

Room Block Attrition. 6.1 If Group’s actual usage slips below either (i) 80% of the original Room Block Commitment or (ii) 80% of the adjusted Room Block (if any), Group agrees to pay seventy-five percent of the average group room rate for each room night below the 80%. This amount shall be calculated by multiplying (.75) times the single/double Group rate, exclusive of taxes, for each room night below eighty percent (80%) of the original or adjusted Room Block. (.75 x $ single/double rate = $ per room night attrition costs). Such charges shall be added without tax, to, and payable as part of, the Master Account.

Room Block Attrition. 6.1 If Group’s actual usage slips below either (i) 80% of the original Room Block Commitment or (ii) 80% of the adjusted Room Block (if any), Group agrees to pay seventy-five percent 75% of the average group room rate Group Rate for each room night below the 80%. This amount shall be calculated by multiplying (.750.75) times the single/double Group rateRate, exclusive of taxes, for each room night below eighty percent (80%) % of the original or adjusted Room Block. (.75 0.75 x $ single/double rate = $ per room night attrition costs). Such charges shall be added without tax, to, and payable as part of, of the Master Account.

Room Block Attrition. 6.1 If Group’s actual usage slips below either (i) 80% of the original Room Block Commitment or (ii) 80% of the adjusted Room Block (if any), Group agrees to pay seventy-five percent of the average group room rate for each room night below the 80%. This amount shall be calculated by multiplying (.750.75) times the single/double Group rate, exclusive of taxes, for each room night below eighty percent (80%) of the original or adjusted Room Block. (.75 0.75 x $ single/double rate $149 = $ per room night $111.75 attrition costs). Such charges shall be added without tax, to, and payable as part of, the Master Account.

Room Block Attrition. 6.1 If Group’s actual usage slips below either (i) 80% of the original Room Block Commitment or (ii) 80% of the adjusted Room Block (if any), Group agrees to pay seventy-five percent of the average group room rate for each room night below the 80%. This amount shall be calculated by multiplying (.75) times the single/double Group rate, exclusive of taxes, for each room night below eighty percent (80%) of the original or adjusted Room Block. (.75 x $ single/double rate = $ per room night attrition costs). Such charges shall be added without tax, to, and payable as part of, the Master Account...