Examples of Monthly Royalty Fee in a sentence
Other than the Monthly Royalty Fee, Liquidated Damages and Termination Fees, all fees are subject to change.
While the Franchise Application Fee is usually applied uniformly, we may, in our sole discretion, elect to waive, reduce, or rebate a portion of it, as well as reduce the Monthly Royalty Fee for a period of time, or offer other incentives, either as part of a development incentive program available to a group of qualifying franchisees or as an incentive to a specific franchisee under certain circumstances.
Monthly Food and Beverage Fee: ONLY FOR HFSThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar month Monthly Royalty Fee: [ALL BRANDS EXCEPT HGI and HWS] Five percent(5%) of the Hotel’s Gross Rooms Revenue for the preceding calendar month.
The Monthly Royalty Fee and the Monthly Program Fee will be paid to us at the place we designate on or before the fifteenth (15th) day of each month and will be accompanied by our standard schedule setting forth in reasonable detail the computation of the Monthly Royalty Fee and Monthly Program Fee for such month.
Monthly Food and Beverage Fee:ONLY FOR HFSThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar month Monthly Royalty Fee: [ALL BRANDS EXCEPT HWS] Five percent (5%) of theHotel’s Gross Rooms Revenue for the preceding calendar month.
Monthly Food and Beverage Fee: ONLY FOR HFSThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar month Monthly Royalty Fee: [ALL BRANDS EXCEPT HWS] Five percent (5%) of theHotel’s Gross Rooms Revenue for the preceding calendar month.
We reserve the right to require you to transmit the Monthly Royalty Fee and the Monthly Program Fee and all other payments required under this Agreement by wire transfer or other form of electronic funds transfer.
Beginning on the Opening Date, you will pay to us for each month (or part of a month, including the final month you operate under this Agreement) a Monthly Royalty Fee and a Monthly Program Fee, each of which is set forth in the Rider.
We may require you to transmit the Monthly Royalty Fee and the Monthly Program Fee and all other payments required under this Agreement by wire transfer or other form of electronic funds transfer.
Beginning on the Opening Date, you will pay to us for each month (or part of a month, including the final month you operate under this Agreement) the Monthly Royalty Fee and a Monthly Program Fee, each of which is defined in the Rider.