Examples of System Hotel in a sentence
IMPORTANT NOTES: A Restricted Area Provision will not give you protection from previously existing hotels which are managed or licensed by us or an affiliate or our or their predecessors, or any hotel site for which we or an affiliate or its predecessor have approved an application and/or signed a franchise agreement, management agreement, lease or license agreement for a System Hotel to be developed.
In addition to the Franchise Application Fee, if you are applying for a franchise for a hotel that was previously operated as a System Hotel, we may require, as a condition of approving your Application, that you pay outstanding royalties and other fees due under the prior franchise agreement relating to that System Hotel.
If you are applying for a franchise for a hotel that was previously operated as a System Hotel, we may require that you pay outstanding royalties and other fees due under the prior Franchise Agreement relating to the System Hotel as a condition of approving your Franchise Application.
We and/or our affiliates may own, operate, manage, franchise, license, lease, acquire or establish, or serve as franchisee or licensee for, competitive guest lodging facilities or networks anywhere, including within your Restricted Area, if any, under any brands or marks (but not a System Hotel, within your Restricted Area, if any,).
We and/or our affiliates may own, operate, manage, franchise, license, lease, acquire or establish, or serve as franchisee or licensee for, competitive guest lodging facilities or networks anywhere, including within your Restricted Area, under any brands or marks (but not a System Hotel, within any Restricted Area, if any).
Once the Hotel is closed, you will not promote the Hotel as a System Hotel or otherwise identify the Hotel using any of the Marks without our prior written consent.
Franchisee will pay any Association dues and assessments, which will be consistently applied to all System Hotel franchisees.
Franchisee will not use any part of the Hotel for any business other than operating a System Hotel.
You acknowledge that Monthly Program Fees are intended for the benefit of the System and will not simply be used to promote or benefit any one System Hotel or market.
You agree that Liquidated Damages are not a penalty and represent a reasonable estimate of the minimum just and fair compensation for the damages we will suffer as the result of your failure to operate the Hotel as a System Hotel in compliance with this Agreement for the full License Term, assuming that we would be able to replace the Hotel in the market within a reasonable time.