Common use of Occupancy guarantees Clause in Contracts

Occupancy guarantees. 6.1. We may require a guarantee of minimum room occupancy from event clients prior to making any accommodation available to clients or guests. In such circumstances, if you agree to guarantee to us minimum room occupancy then you agree to pay us no later than 8 weeks before the date of the related event any shortfall in the actual total room revenue from the guaranteed total room revenue (the number of rooms guaranteed multiplied by the corresponding room rate at the time of Booking).