Initial Fee Refundability Clause Samples

The Initial Fee Refundability clause defines whether and under what circumstances the initial fee paid under an agreement can be refunded to the paying party. Typically, this clause outlines if the fee is non-refundable or specifies conditions, such as failure to deliver services or early termination, that would trigger a refund. Its core practical function is to set clear expectations regarding the returnability of upfront payments, thereby reducing disputes and providing financial certainty for both parties.