Common use of Consequences of Revocation Clause in Contracts

Consequences of Revocation. If the course participants revoke this agreement during the revocation period, the GRB is obliged to refund without delay for all payments received from the course participant, at the latest within a period of fourteen days after the received notice of the revocation of this agreement. Under no circumstances will any fees be charged due to this refund. In case the course participants requested that the services rendered should commence during the revocation period was still running, course participants are obliged to pay a reasonable amount corresponding to the proportion of the services already rendered before apprising the GRB of the decision to exercise the revocation right relative to the complete total of the services as stipulated in the agreement.