HOTEL CONTRACT ADDENDUMHotel Contract Addendum • July 25th, 2023
Contract Type FiledJuly 25th, 2023Cancellation: In the event that Hotel breaches this Agreement and does not provide the rooms or facilities as required hereunder, Hotel shall pay to Event within thirty (30) calendar days after such breach, as liquidated damages, an amount equal to the amount that Regional would have been obligated to pay to Hotel had Event breached this Agreement. Notwithstanding any other provisions to the contrary in the event that the Event cancels this Agreement, no cancellation fees shall be due from the Event provided that the Event agrees to hold an event of similar or greater size (measured by expected revenues to Hotel) within one (1) year of the date on which the Agreement is signed.