Refund Provision Sample Clauses
A Refund Provision sets out the conditions under which a party is entitled to receive a return of funds previously paid. Typically, this clause details the specific circumstances that trigger a refund, such as product defects, service failures, or cancellations within a certain period, and may outline the process for requesting and issuing refunds. Its core practical function is to provide clear guidelines for both parties regarding financial recourse, thereby reducing disputes and ensuring fairness in the event that expectations are not met.
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Refund Provision. Unit charges will be prorated through the official date of checkout and meal plan charges (if applicable) will be prorated through the end of the week of the official date of checkout. No residence hall fee refunds will be made for checkouts occurring during the last two weeks of a semester. No refunds will be made for missed meals, special diets, employment, class conflicts, or any mechanical, maintenance, heating/air conditioning malfunctions. Students withdrawing from the university can expedite their refund process by following the proper checkout procedure. Semester residence hall charges do not cover holiday periods when the university is not in session.
Refund Provision. If, at any point and for any reason, the Department of Treasury rescinds or seeks to recover from CCG American Rescue Plan Act funds, CCG may rescind the funds subject to this Agreement from Subrecipient. In the event or to the extent that Subrecipient has expended those funds pursuant to the terms of this Agreement, Subrecipient, at CCG or the Department of Treasury’s discretion, may be required to refund those funds to CCG from another source.
Refund Provision. The County shall have the right to demand repayment of any funds paid to City for services rendered or funds disbursed that did not comply with the terms of this Agreement or that were determined to be ineligible expenditures by the County or the Federal Government. The City shall promptly refund any monies previously paid or disbursed by County that the County, in its sole discretion, determines were used for services or activities that were not in compliance with this Agreement.
Refund Provision. If Klotho does not exercise the License Option during the Evaluation Period for any reason other than failure to meet agreed product specifications in the Work Order, AAVnerGene shall refund 40% of the Upfront License Payment to Klotho within thirty (30) days of receiving written notice of non-exercise. If Klotho does not exercise its License Option due to the failure to deliver product meeting specifications as outlined in the Work Order, AAVnerGene shall refund 80% of the Upfront License Payment to Klotho within thirty (30) days of receiving written notice of non-exercise.
Refund Provision. The County shall have the right to demand repayment of any funds paid to Subrecipient for services rendered or funds disbursed that did not comply with the terms of this Agreement or that were determined to be ineligible expenditures by the County or the Federal Government. The Subrecipient shall promptly refund any monies previously paid or disbursed by the County that the County, in its reasonable, good faith discretion, determines were used for services or activities that were not in compliance with this Agreement.
Refund Provision. District has the right to demand repayment of any funds paid to County that did not comply with the terms of this Agreement or that were determined by the District to be ineligible expenditures unless these were offset against a subsequent reimbursement. Upon notice by District, County shall promptly pay back any monies previously reimbursed by District that District, in its sole discretion, determines were ineligible expenditures by County or were not in compliance with this Agreement.
Refund Provision. Executive hereby agrees to refund to the Company 100% of all payments that were made to you or on your behalf in connection with your relocation (but not you housing allowance), should Executive resign or if Executive’s employment is terminated for Cause during the twelve month period following the sale of the Primary Residence.