Franchise Costs

Franchise Costs. Means expenditures for compliance with the requirements of the Franchisor of the Hotel, including without limitation payment of royalties, marketing contributions, and reservation system fees, but excluding the cost of compliance with Franchisor's operating standards requiring Capital Replacements. Notwithstanding the foregoing, for so long as both this Agreement and the AmeriSuites Franchise Agreement remain in full force and effect, no separate royalty fee will... be due under the AmeriSuites Franchise Agreement, the same being included in the Manager's Return hereunder. View More

Franchise Costs. Means expenditures for compliance with the requirements of the Franchisor of the Hotel, including without limitation payment of royalties, marketing contributions, and reservation system fees, but excluding the cost of compliance with Franchisor's operating standards requiring Capital Replacements.