Third Party Reservation Charges. For each Fiscal Year during the Operating Term, starting with the Opening Date, Owner will pay Manager: (i) a Third Party Reservation Charge of $3.90 for each System Reservation delivered through a Third Party System; and (ii) an Internet Reservation Charge of $2.50 for each System Reservation delivered through RHI’s Internet web site. Manager may increase the Third Party Reservation Charge and the Internet Reservation Charge from time to time to reflect the increased costs related to providing System Reservations through these methods. The increase will apply to the Hotel as long as it is imposed generally for all System Hotels. These two reservations charges will be imposed unless the System Reservation for which the charge is made is cancelled in the Reservation System in the same manner in which it was made prior to the guest’s scheduled arrival at the Hotel. All charges pursuant to this Section 11.3 shall be on the same basis as and no less favorable than those imposed on other System Hotels managed by Manager in the United States.
Appears in 4 contracts
Samples: Management Agreement, Management Agreement (Capital Lodging), Management Agreement (Capital Lodging)
