REFUND PROVISIONS Sample Clauses
The Refund Provisions clause outlines the circumstances and procedures under which a party is entitled to receive a return of funds previously paid. Typically, this clause specifies the conditions that trigger a refund, such as cancellation of services, non-delivery of goods, or failure to meet agreed-upon standards, and may detail the timeframe and method for processing the refund. Its core practical function is to provide clear guidelines for both parties regarding financial recourse in the event of contract non-fulfillment, thereby reducing disputes and ensuring fairness.
REFUND PROVISIONS a) When you defer commencement in a Course and then cancel the Course, the original Course Start Date before your request for deferment(s), will be used as the Course Start Date to determine whether a refund is to be made.
b) No refund will be made where the College cancels, suspends or terminates your enrolment because it is Your Fault. The College will notify you in writing if this happens.
c) If you are over 18 years old, the refund will be paid directly to you or in accordance with your written directions.
d) If you are under 18 years old, the refund may be paid to you but only with the consent of your parent or legal guardian.
e) The College may:
i) request further information or evidence to confirm that you are the person entitled to receive the refund or give a direction to pay the refund;
ii) pay the refund by bank draft or company cheque (in case of refund within Australia) or by international bank draft; or
iii) pay the refund to a bank account by direct credit (in case of refund within Australia) or by telegraphic transfer (in case of refunds outside of Australia) but only if you provide evidence that the bank account exists.
f) All refunds will be made in Australian currency only, unless the College’s Bank is unable to do so in which case the refund will be made in the equivalent United States of America currency calculated using the Bank’s exchange rate for the relevant date of transfer. The College is not responsible for currency exchange rate fluctuations, delays or loss of refund in transit (mail, courier, telegraphic transfer or otherwise) as a result of incorrect information provided by You.
g) The College may change this Policy at any time and the Policy to be used to determine whether you receive a refund will be the Policy applicable at the time you give notice of cancellation or withdraw enrolment in a Course. For the latest Policy please refer to the APC website.
h) If you wish to appeal a decision of the College made under this Policy you should refer to the College’s Complaints and Appeals Policy for the procedure to follow.
REFUND PROVISIONS. The System may refund a deposit at any time. When service is discontinued, the System will endeavor to locate the customer and, after applying the amount of any obligations of the customer to the System, will refund any remaining parts of such deposit. After three (3) years, unclaimed deposits shall be transferred to the System’s General Fund.
REFUND PROVISIONS. BUYER’S RIGHT TO CANCEL-Students have the right to cancel this Agreement from a course of instruction at any time. If cancellation from the course of instruction is after the period allowed for cancellation of the agreement, Animal Behavior College, Inc. may pay a refund. This cancellation period extends until midnight of the seventh business day following your password protected access to the Animal Behavior College, Inc.,
REFUND PROVISIONS. A. Midwest and Global acknowledge that uncertainty exists in all forms of commerce and that the business of Global Energy (i.e., developing new energy sources) is a particularly risky business sector. Further, the parties agree that circumstances beyond the control of either party may make it mutually beneficial to cancel or rescind the terms of this Fuel Reserve Agreement. In the event that Global is unable for any reason, to make an initial public offering of its commons stock during calendar year 2004 and or fails to make the payments contemplated by Section IV, A, 1-3, above, Midwest shall have the right (but not the obligation) to terminate this Fuel Reserve Agreement by providing its written notice to Global within thirty days. In said event, Midwest shall promptly refund the shares of common stock previously conveyed to it and shall promptly cause any funds heretofore provided by Global to Midwest to be refunded. Midwest shall also have the right to have any sums subject to this refund provision be credited against coal sales (over a cumulative six month basis) against coal provided by an affiliate of Midwest to Wabash River Energy, Ltd.
REFUND PROVISIONS. CANCELLATION OF
REFUND PROVISIONS. A. Midwest and Global acknowledge that uncertainty exists in all forms of commerce and that the business of Global Energy (i.e., developing new energy sources) is a particularly risky business sector. Further, the parties agree that circumstances beyond the control of either party may make it mutually beneficial to cancel or rescind the terms of this Fuel Reserve Agreement. In the event that Global is unable for any reason, to make an initial public offering of its commons stock during calendar year 2004 and or fails to make the payments contemplated by Section IV, A, 1-3, above, Midwest shall have the right (but not the obligation) to terminate this Fuel Reserve Agreement by providing its written notice to Global within thirty days. In said event, Midwest shall promptly refund the shares of common stock previously conveyed to it and shall promptly cause any funds heretofore provided by Global to Midwest to be refunded. Midwest shall also have the right to have any sums subject to this refund provision be credited against coal sales (over a cumulative six month basis) against coal provided by an affiliate of Midwest to Wabash River Energy, Ltd. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
REFUND PROVISIONS. 3.1 When you defer commencement in a Course and then cancel the Course, the original Course Start Date before your request for deferment(s), will be used as the Course Start Date to determine whether a refund is to be made.
3.2 No refund will be made where the College cancels, suspends or terminates your enrolment because it is Your Fault. The College will notify you in writing if this happens.
3.3 If you are over 18 years old, the refund will be paid directly to you or in accordance with your written directions.
3.4 If you are under 18 years old, the refund may be paid to you but only with the consent of your parent or legal guardian.
3.5 The College may:
a. request further information or evidence to confirm that you are the person entitled to receive the refund or give a direction to pay the refund;
b. pay the refund by bank draft or company cheque (in case of refund within Australia) or by international bank draft; or
c. pay the refund to a bank account by direct credit (in case of refund within Australia) or by telegraphic transfer (in case of refunds outside of Australia) but only if you provide evidence that the bank account exists.
3.6 All refunds will be made in Australian currency only, unless the College’s Bank is unable to do so in which case the refund will be made in the equivalent United States of America currency calculated using the Bank’s exchange rate for the relevant date of transfer. The College is not responsible for currency exchange rate fluctuations, delays or loss of refund in transit (mail, courier, telegraphic transfer or otherwise) as a result of incorrect information provided by You.
3.7 The College may change this Policy at any time and the Policy to be used to determine whether you receive a refund will be the Policy applicable at the time you give notice of cancellation or withdraw enrolment in a Course. For the latest Policy please refer to ▇▇▇.▇▇▇.▇▇▇.▇▇, or ▇▇▇.▇▇.▇▇▇.▇▇ .
3.8 If you wish to appeal a decision of the College made under this Policy you should refer to the College’s Complaints and Appeals Policy for the procedure to follow.
REFUND PROVISIONS. 8.1 Under no circumstances, shall Merchant directly refund to its Customers, failing which, the resulting disputes and losses are indemnified by Merchant accordingly.
(a) When making a request to BBPOS for refund, Merchant shall have sufficient deposit for the refund in its account. BBPOS will complete the refund by directly deducting the refund amount from the account of Merchant.
(b) If the refund cannot be deducted as a result of the insufficient balance of unsettled funds, Merchant shall make refund request to BBPOS again until the amount of unsettled funds are sufficient to be deducted.
(c) Refund period shall be ninety (90) calendar days maximum.
(d) BBPOS does not charge for transaction handling fees. However, if the intermediary bank requires BBPOS to pay for the relevant fees, such fees shall be borne solely by Merchant, and BBPOS may pay such fees in advance for Merchant and then deduct from the unsettled funds.
REFUND PROVISIONS. The parties agree that all refunds required to be paid to II subscribers by Purchaser pursuant to this Agreement shall be made by CDS, first by drawing down up to One Hundred Twenty-five Thousand Dollars ($125,000.00) from the Refund Escrow Fund established pursuant to the Escrow Agreement attached hereto as Exhibit C. Any charges billed by CDS in connection with the processing of such refunds shall also be paid from the Refund Escrow Fund. The cost of any refunds or CDS charges in excess of such escrow fund shall be shared equally by Seller and Purchaser, and Seller shall pay its share to Purchaser within five (5) business days of receipt of a supporting documentation from CDS or Purchaser.