Refund Table Clause Samples
The Refund Table clause defines the specific amounts or percentages to be refunded under various circumstances, such as cancellation or early termination of an agreement. Typically, this clause presents a schedule or matrix that correlates the timing or reason for termination with the corresponding refund amount, making it clear what a party is entitled to receive back. Its core practical function is to provide transparency and predictability regarding financial outcomes, thereby reducing disputes and ensuring both parties understand their rights and obligations in the event of a refund situation.
Refund Table. Resident Tribal Members A Resident Tribal Member shall be entitled to an annual refund representing sales tax and use tax paid on tangible personal property acquired under § III(A)(2)(b) (except for the purchase and affixation by the Resident Tribal Member of materials for construction, renovation, or improvement of his or her principal residence within the Agreement Area). This refund shall apply under both the Tribal Certificate of Exemption method described in § XII(C)(1), above and Refund Method described in § XII(C)(2) above. This refund shall be determined by use of the following table: Resident Tribal Member’s federal Adjusted Gross Income modified to include Social Security benefits, Social Security disability benefits, Railroad Retirement benefits, Veteran Disability Pay, 50% of the Combat Zone Compensation for Enlisted Members of the Armed Forces, fishing income under section 7873 of the Internal Revenue Code, and disability income to the extent they are specifically exempt from or excluded from the computation of federal Adjusted Gross Income (but not to exceed $80,000) x 15% x 6%. The Table shall be reviewed upon the written request of either party with notice to all other tribes that have agreements that are substantially similar to this Agreement but not more frequently than once every three years. It is the intent of the parties that any revision to the Table shall be uniformly applied to all tribes that have agreements that are substantially similar to this Agreement.
9. XII(D)(2)(b) is amended to read as follows:
Refund Table of Fee (minus administrative charges) If Student’s written notice of withdrawal is received: [100] more than [15] days before the program Commencement Date [70] before, but not more than [1] days before the program Commencement Date [50] after, but not more than [7] days after the program Commencement Date
Refund Table. The STAMFORD Infant Care Program runs every working day except on gazetted Singapore public holidays for forty-eight (48) weeks every year, from 8.00am to 6.00pm each working day that the STAMFORD Infant Care Program runs. The STAMFORD Infant Care Program will not be available for two (2) weeks in June/July and two (2) weeks in December/January every year. Course fees are charged on a monthly basis and are to be paid two (2) months in advance of the actual commencement date. % of the amount of fees paid under Schedules B and C If Student’s written notice of withdrawal to the Admissions department is received: 100% On or before the expiry of the seven (7) working day cooling-off period after this STAMFORD Infant Care Student Contract is signed, there will be a full refund of any Course Fees paid. 0% After the expiry of the seven (7) working day cooling- off period after this STAMFORD Infant Care Student Contract is signed, there will be no refund of any Course Fees paid. The Registration Fee is strictly non-refundable and non-transferable in all circumstances. A formal notification of withdrawal from the STAMFORD Infant Care Program is required at least two (2) calendar months in advance of the intended withdrawal date. Withdrawal dates are only permitted to be on the last day of a month, and full payment for the month will be payable irrespective of the student’s actual last day. The parties hereby acknowledge and agree to the terms stated in this Contract. SIGNED by the PEI Authorized Signatory of the PEI Seal of PEI Name: ▇▇▇▇ ▇▇▇▇▇ Title: Date:
Refund Table. The table below outlines the amount of refund available dependent on when written notice is received by the School. % of the Semester Course fee amount payable under Schedule B (with the exception of Development Levy and Application Fee) If written notice of Student’s withdrawal is received