EARLY TERMINATION REFUND Clause Samples
The Early Termination Refund clause outlines the conditions under which a party is entitled to a refund if a contract is ended before its agreed-upon completion date. Typically, this clause specifies the amount or method for calculating the refund, such as a prorated return of fees based on the unused portion of services or products. Its core function is to provide financial fairness and clarity in the event of early contract termination, ensuring that parties are not unduly penalized or left uncertain about their financial obligations.
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EARLY TERMINATION REFUND. Members may cancel this agreement within 14 days without giving a reason. • The cancellation period will expire 14 days from the day you accept the terms of this agreement. • Memberships may be refunded for medical reasons (a doctors certificate will be required). • Where a University student finishes or permanently withdraws from their programme of study. • Where a University staff member finishes their employment. • Requests for refunds should be made, in writing, to the Operations Manager. An administration fee may be charged. • The University may terminate Membership if the Member breaches any terms of this Agreement. • Membership may not be frozen or temporarily suspended by the member.
EARLY TERMINATION REFUND. In the event of early termination under the conditions described in Section 8.2.2 of this Agreement, the Member Institution shall be entitled to a refund of any fees or pro-rata portion thereof paid by the Member Institution for any remaining period of the Agreement from the date of termination. This paragraph is invalid if the Member Institution commits a willful, material and consistent breach of the terms of this Agreement, and fails to remedy the breach within thirty (30) days of notification by the Licensor.
EARLY TERMINATION REFUND. Upon termination of this License Agreement by Licensee under Section 10.2.2 [Early Termination for Breach] or Section 10.2.3 [Early Termination for Licensor Insolvency], the Licensor shall forthwith refund the proportion of the Fee that represents the paid but unexpired part of the term of this License Agreement.
EARLY TERMINATION REFUND. Upon termination of this Agreement by Customer under Section 10.2.2 [Early Termination for Breach] or Section 10.2.3 [Early Termination for Publisher Insolvency], the Publisher shall forthwith refund the proportion of the Fee that represents the paid but unexpired part of the term of this Agreement.
EARLY TERMINATION REFUND. Upon termination of this Agreement by Consortium under Section 10.2.2 [Early Termination for Breach], the Publisher shall forthwith refund the proportion of the Fee that represents the paid but unexpired part of the term of this Agreement.
EARLY TERMINATION REFUND. In the event of early termination, if payment of any sum has been made by Merck to the Institution 3.6