Common use of BREACH BY LICENSEE; REFUNDS Clause in Contracts

BREACH BY LICENSEE; REFUNDS. Failure of the Licensee to make timely payment or to perform in accordance with the terms of this Agreement shall cancel Licensee’s right to use the Premises under this Agreement, without necessity of notice from the Township to the Licensee. The Township may retain the event charge as partial compensation for losses incurred by it due to Licensee’s breach, and the Township may also retain such portion of the Security Deposit as may be needed to pay third party contractors or to cover time and materials furnished by the Township in repairing any damage which is the responsibility of the Licensee under this Agreement. The Township may also seek further payment from Licensee to compensate it for any damage or breach by Licensee. No refunds or rebates shall be due from the Township, except as provided in Paragraphs 9, 10, and 11 of this Agreement.

BREACH BY LICENSEE; REFUNDS. Failure of the Licensee to make timely payment or to perform in accordance with the terms of this Agreement shall cancel Licensee’s License and right to use the Premises under this Agreement, without necessity of notice from the Township to the Licensee. The Township may retain the event charge as partial compensation for losses incurred by it due to Licensee’s breach, and the Township may also retain such portion of the Security Deposit security deposit as may be needed to pay third party contractors or to cover time and materials furnished by the Township in repairing any damage which is the responsibility of the Licensee under this Agreement. The Township may also seek further payment from Licensee to compensate it for any damage or breach by Licensee. No refunds or rebates shall be due from the Township, except as provided in Paragraphs 9, 10, and 11 of this Agreement.