Adjusted Pet Adoption/Purchase Fee Sample Clauses

Adjusted Pet Adoption/Purchase Fee. The Pet Adoption/Purchase Fee, as set forth in this Agreement, is the price you agree to pay if you wish to stop your TLC program and attain legal ownership of your Hannah Pet. The Adjusted Pet Adoption/Purchase Fee for Pets (as specified in section L) is to reimburse Hannah for the average initial services that the Pet received before placement or at sign-up (that you didn’t have to pay for) plus, in the case of a dog or cat, the approximate 50% remainder of the “Cost to Treat” that you didn’t pay in the Sick or Injured Fee (if there was one; see section N.) or, in the case of a Pet we find for you, it reflects our cost to find and care for the Pet before you signed the TLC Placement Addendum. The “Adjusted Pet Adoption/Purchase Fee” is equal to the Pet Adoption/Purchase Fee reduced by $50 for each complete year that you have had your Hannah Pet on the TLC Plan, down to $100 (if your fee started at or below $100, it will not be reduced). Until you request ownership of the Hannah Pet and pay the Adjusted Pet Adoption/Purchase Fee, Hannah the Pet Society is the legal owner of the Pet. This retained ownership by Hannah and grant of companionship to the Pet Parent is part of the unique ownership/care model that makes it possible for Hannah to significantly lower your lifetime costs for a Pet’s companionship. This model may be considered to be a “lease” under applicable law, where Hannah’s is the lessor of the Pet and you are the lessee of the Pet, with the pleasure of the Pet’s companionship and with possession of the Pet. If Hannah’s or a court with proper jurisdiction determines this model to be something other than a lease, then the court shall characterize this model as a “license,” where Hannah is the owner and licensor of the Pet and the Pet Parent is granted a license to use the Pet on the terms set forth herein. As the owner of the Pet and many other Hannah Pets, Hannah is able to obtain goods and provide services to Pets in bulk (“at scale”). Hannah shares this economic benefit with you and the other Pet Parents by providing a healthier Pet to Pet Parents in exchange for lower monthly fees. Most Pet Parents don’t ever pay the Adjusted Pet Adoption/Purchase Fee because they never repurchase the Pet. Hannah’s goal is a healthy Pet that lives a long, happy life as part of one loving family – for an affordable and predictable cost. In the event you no longer want the Hannah Pet or are unable to keep it for any reason, Hannah will do our best to help you ...
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Related to Adjusted Pet Adoption/Purchase Fee

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