Common use of Guaranteed Annual Minimum Reservation Fee Clause in Contracts

Guaranteed Annual Minimum Reservation Fee. During each calendar year of this Agreement, HOTEL shall pay THISCO a reservation fee for at least [*] Net Reservations, whether or not such Net Reservations actually occur. *Confidential Treatment Requested

Guaranteed Annual Minimum Reservation Fee. During each calendar year of this Agreement, HOTEL Hotel shall pay THISCO a reservation fee for at least [*] Net Reservations, whether or not such Net Reservations actually occur. *Confidential Treatment Requested.

Guaranteed Annual Minimum Reservation Fee. During each calendar year of this Agreement, HOTEL shall pay THISCO a reservation fee for at least [*] Net Reservations, whether or not such Net Reservations actually occur. *Confidential Treatment RequestedHOTEL shall receive a credit for all Reservation Fees paid pursuant to Section 3.1 above.