System Fee definition

System Fee means the fixed fee for System Services set out in GT&C Appendix III.

System Fee mean during any Year, an amount equal to one and one-half percent (1.5%) of Gross Revenues.

System Fee means, during any Fiscal Year, the amount payable as the System Fee to Marriott as defined in and in accordance with the Management Agreement, but in no event shall the sum of the System Fee and the amount payable to Marriott as a franchise fee for the privilege for being a member of the System (and not in payment for goods or services provided or obtained by or through Marriott or an Affiliated Person) in the aggregate exceed five percent (5%) of Gross Rooms Revenue (as such term is defined in the Management Agreement).

Examples of System Fee in a sentence

• If Keyholder subscribes to a MLS and the MLS discontinues providing MLS data for any reason, the System Fee paid by Keyholder for use of the xXXX Professional Software shall not be reduced.

• Upon entering into this Agreement, Keyholder shall be required to pay the applicable System Fee and the Activation Fee.

• Upon entering into this Agreement, Keyholder shall be required to pay the prorated System Fee and the activation fee (“Activation Fee”).

• Any such credit shall be refunded to Keyholder within forty-five (45) days of the receipt of such notification by Supra; or (ii) xXXX Keyholders electing to lease an XpressKEY shall not receive any credit towards the XpressKEY System Fee.

• Keyholder may be entitled to a prorated credit of the paid XpressKEY System Fee.

More Definitions of System Fee

System Fee shall have the meaning, for each Property, given such term in the Management Agreement for such Property.

System Fee means a fee set out in Appendix A or B.

System Fee means, with respect to each Hotel, during any Year, an amount equal to one and one-half percent (1.5%) of Gross Revenues for such Hotel.

System Fee means, with respect to each Hotel, during any Fiscal Year, an amount equal to five percent (5%) of Gross Room Revenues of such Hotel.

System Fee means, with respect to each Hotel, during any Fiscal Year, an amount equal to ( %) percent of Gross Room Revenues of such Hotel. [each agreement to conform to relevant brand]

System Fee means an annual amount payable to Management ---------- Company, to pay for a portion of the Inns' share of certain costs and expenses benefitting all Fairfield Inn properties incurred by Management Company, Marriott or Marriott Affiliates as described in Section 5.01B. Such amount shall be equal, during any given Fiscal Year (or portion thereof), to three percent (3%) of Gross Revenues for each Fiscal Year (or portion thereof). The System Fee shall be paid as provided in Article V.

System Fee. A monthly fee of 2.5% of gross room revenue; plus a supplemental marketing fee of $0.28 per day times the official room count.