Extract to table

Each franchisee is required to contribute 2

If the audit reveals an underpayment exceeding 2% of reported GRR for any audited period, the franchisee is required to bear all costs associated with the audit, including the fees and expenses of any accountants or auditors retained by Verimark

2(c) provides that "[s]ystematic underreporting of Gross Room Revenue shall constitute a material breach that is incapable of cure

Upon termination of an FLA for cause, the franchisee is required to pay Verimark liquidated damages equal to 3× the trailing-twelve-month royalties for the terminated property

Kerrigan's allegations must account for both the factors that support her reliability as a source and the potential vulnerabilities that Coastal Palms may exploit to challenge her account

If the audit reveals an underpayment exceeding 2% of reported GRR for any audited period, the franchisee is required to bear all costs associated with the audit, including the fees and expenses of auditors retained by Verimark