Guaranteed Minimum Fee. The Guaranteed Minimum Fee is based on the number of persons guaranteed by Licensee. It will be charged to Licensee even if fewer persons use the Facility than Licensee guaranteed, or if Licensee terminates this Agreement without using the Facility as agreed. The entire amount of the Guaranteed Minimum Fee will be paid as liquidated damages.
Appears in 5 contracts
Samples: Use Agreement, Use Agreement, Use Agreement
