MAXIMUM CANCELLATION FEE Sample Clauses
The Maximum Cancellation Fee clause sets a limit on the amount a party can be charged if they cancel an agreement or service. In practice, this means that even if a contract allows for cancellation fees, there is a predetermined cap on how much can be demanded, regardless of the circumstances or timing of the cancellation. This clause protects parties from excessive financial penalties and ensures predictability in the event of cancellation, thereby reducing the risk of unfair or disproportionate charges.
MAXIMUM CANCELLATION FEE. The Court will pay a maximum Cancellation Fee equal to the rate for one full day of services, even if the assignment was originally scheduled for multiple days. If the Court or another court (State or Federal) gives Contractor an assignment for the day of the cancellation, the Court will offset the cancellation fee by the amount Contractor receives for the new assignment.