Best Available Rate definition

Best Available Rate means for each room night booked by a guest through the Expedia System, the lowest restricted or unrestricted price (as applicable), not including Taxes, or other government-imposed fees or surcharges or Hotel Fees, at which such room night was offered by You through any booking channels, including Your own and those of any third party, on the date such room night was booked, including, without limitation, any special, discounted, and/or promotional rates.
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Best Available Rate means the best rate available on any given day.
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Best Available Rate means the lowest of the following rates for which a customer qualifies: (a) the lowest rate that each Hotel makes available to the general public; or (b) the lowest rate for which a particular customer qualifies as a result of his or her membership in a particular segment of the general public.
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Examples of Best Available Rate in a sentence

  • Bookings made within six weeks of the Event will be at the Best Available Rate.

  • Subject to Sections B.3.b and B.3.e, and unless otherwise agreed, You instruct Expedia not to display Standalone Bookings with a Room Price lower than the relevant Best Available Rate.

  • In the event that the Guest is at Xxxxxx Island and unable to depart on schedule due to a COVID-19 travel ban, health or quarantine restriction, the Hotel will extend the Guest’s stay based on a discretionary reduced rate off Best Available Rate (BAR), paid by the Guest.

  • The resort reserves the right to issue stop sales when there is limited inventory and balance rooms/ villas will be sold on the Best Available Rate.

  • Wholesale partners will receive 15% commission on the Best Available Rate TRADING TERMS Application of contract rates for additional bookings over and above the contract room allocation where applicable will be at the Hotel's discretion, based on booking status and written confirmation by the Hotel prior to arrival.

  • If this discussion does not take place, the Corporate Rate will return to Best Available Rate (BAR) beginning the day after the end of the then-current term.

  • Contracting partner must ensure that room rates are sold at the hotel´s "Best Available Rate" to the end consumer The Hotel reserves the right to immediately terminate the agreement and to refuse the booking in case of violation of the above term.

  • The distribution of any net (bed and breakfast or room only) rate through an Internet Site or Global Distribution System is strictly forbidden unless the Tour Operator applies the following: The Tour Operator is not entitled to sell any net rate (bed and breakfast or room only) under VICTORIA-JUNGFRAU Grand Hotel & Spa's "Best Available Rate" sold through xxx.xxxxxxxx-xxxxxxxx.xx.

  • If pre- payments are not received, the Resort has the right to release the booking AUTOMATICALLY without any formal intimation and/or charge clients directly at the Best Available Rate and subject to Room/Villa availability On the date the Resort confirms a booking, the Resort will email a pro-forma invoice.

  • Subject to Sections B.2, C.3.b and C.3.e, and unless otherwise agreed, You instruct Expedia not to display Expedia Collect or Hotel Collect Bookings with a Room Price lower than the relevant Best Available Rate, or, in the case of Standalone Fenced Bookings, not to display with a Room Price lower than the relevant Best Available Rate reduced by the Fenced Booking Percentage.


More Definitions of Best Available Rate

Best Available Rate means the lowest Booking Price made available for a room at Property through any central reservation system, call center, Third-Party Channel, or Property Channel (excluding corporate rates or rates for rooms that require qualified proof of membership in a specific company or organization).
Sample 1
Best Available Rate means for each room night booked by a guest through the Expedia System, the lowest restricted or unrestricted price (as applicable), not including Taxes, or other government-imposed fees or surcharges or Hotel Fees, at which such room night was offered by you through any booking channels, including your own and those of any third- party, on the date such room night was booked, including, without limitation, any special, discounted, and/or promotional rates.
Sample 1

Related to Best Available Rate

  • Applicable Rate means a percentage per annum equal to:

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Unused Fee Rate means a rate equal to 0.50% per annum.

  • Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • L/C Fee Rate with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V Level VI Status Status Status Status Status Status ------ ------ ------ ------ ------ ------ 0.45% 0.50% 0.60% 0.70% 0.90% 1.20%

  • Applicable Commitment Fee Rate means:

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Maximum Available Minutes is the sum of all Deployment Minutes across all Apps deployed by Customer in a given Azure subscription during a billing month.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Program Fee Rate has the meaning set forth in the Fee Letter.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.