Without Catering Services. If FIU and Hotel enters into an Event Addendum for Conference Room, Catering, Equipment and Auxiliary Services to provide such services for FIU and the Addendum does not include catering services, a cancellation fee may only be assessed by Hotel on FIU if: (i) FIU cancels the Event for the sole purpose of holding the Event at another location; (ii) FIU fails to give Hotel seventy-two (72) hours advance written notice of such cancellation; and (iii) Hotel is unable to rent the conference rooms to another individual or entity. In the event the above conditions are all satisfied, Hotel may access a cancellation fee up to no more than fifty percent (50%) of the total price for conference room only, excluding any and all taxes and fees, as quoted on the applicable Event Addendum. This cancellation fee shall be waived by Hotel if FIU agrees to re-book another Event at Hotel that shall generate a comparable amount of conference room revenue as the cancelled Event.
