PAYMENT SUMMARY. If the Total Tuition is not paid in full immediately upon execution of this Agreement, the Company reserves the right to charge a monthly payment processing fee and interest payment of $49.00 will be charged (the “Monthly Fees”). Notwithstanding anything to the contrary in the payment schedule below, a deposit of $2,000 (the “Deposit Payment”) shall be paid upon the date of execution of this Agreement. I agree to pay the Company the following amounts on the following dates (or within seven business days following such dates) and authorize the Company to use the credit card information I provide(d) to make such payments: Deposit Payment: $ - on 07/26/2021 Tuition Payments: $ Corporate Teacher Training Deposit 07/26/2021 $2000.00 1 07/26/2021 $0.00 Total Tuition: $ 0 I acknowledge that if I use any third-party financing for payment of any of the tuition, (i) the Company and Franchisor make no representations or warranties related to the services provided by such third-party, even if such third-party financing were referred to me by the Company or Franchisor; (ii) the Company and Franchisor disclaim all liability in connection with such financing; and (iii) that I am solely liable for the payment of the Total Tuition. Any payments made later than forty-eight (48) hours after the due date will incur a late fee equal to ten percent (10%) of the payment due (the “Late Fee”). The parties acknowledge and agree that damages incurred by the Company from late payments shall be extremely difficult or impossible to establish or prove, and agree that the Late Fee shall constitute liquidated damages for any late tuition payments. I acknowledge that my access to any and all training material will be cut off if payments are more than thirty (30) days late, and I will be terminated by Company if any payments are more than forty-five (45) days late.
Appears in 1 contract
Sources: Teacher Training Agreement
PAYMENT SUMMARY. If the Total Tuition is not paid in full immediately upon execution of this Agreement, the Company reserves the right to charge a monthly payment processing fee and interest payment of $49.00 will be charged (the “Monthly Fees”). Notwithstanding anything to the contrary in the payment schedule below, a deposit of $2,000 2,100 (the “Deposit Payment”) shall be paid upon the date of execution of this Agreement. I agree to pay the Company the following amounts on the following dates (or within seven business days following such dates) and authorize the Company to use the credit card information I provide(d) to make such payments: Deposit Payment: $ - on 07/26/2021 08/23/2024 Tuition Payments: $ Corporate Teacher Training Deposit 07/26/2021 $2000.00 08/23/2024 2100.00 1 07/26/2021 $08/23/2024 0.00 Total Tuition: $ 0 I acknowledge that if I use any third-party financing for payment of any of the tuition, (i) the Company and Franchisor make no representations or warranties related to the services provided by such third-party, even if such third-party financing were referred to me by the Company or Franchisor; (ii) the Company and Franchisor disclaim all liability in connection with such financing; and (iii) that I am solely liable for the payment of the Total Tuition. Any payments made later than forty-eight (48) hours after the due date will incur a late fee equal to ten percent (10%) of the payment due (the “Late Fee”). The parties acknowledge and agree that damages incurred by the Company from late payments shall be extremely difficult or impossible to establish or prove, and agree that the Late Fee shall constitute liquidated damages for any late tuition payments. I acknowledge that my access to any and all training material will be cut off if payments are more than thirty (30) days late, and I will be terminated by Company if any payments are more than forty-five (45) days late.
Appears in 1 contract
Sources: Teacher Training Agreement