Non-Refundable Payments definition

Non-Refundable Payments. Subscription fees are non-refundable except in cases where AroraCyber fails to meet obligations explicitly outlined in the service level agreement (SLA) or where a refund is mandated by law. Customers must ensure timely payments to maintain uninterrupted access to AroraCyber software solutions. Failure to meet payment obligations may result in suspension or termination of the subscription, as well as additional fees or penalties as permitted by the EULA. AroraCyber does not offer pro-rated licenses under any circumstances. Subscriptions are sold as full-term agreements, with fees calculated and charged for the entirety of the subscription period. This policy applies to all customers, regardless of the subscription term, purchase method, or contractual arrangements. • Mid-Term Adjustments: Customers cannot request pro-rated fees for subscriptions initiated or terminated partway through a term. Full payment for the term is required regardless of the duration of actual use.
Non-Refundable Payments. All payments to TFA, including deposits, are non-refundable, regardless of the reason for cancellation. • In case of cancellation or withdrawal, TFA will provide credit equal to the payment amount. This credit can only be used for future registrations with the TFA academy and applied toward season payments.
Non-Refundable Payments. (SEE ADDENDUM FOR STOCK TRANSACTION) The Master Licensee shall also pay to ▇▇▇▇▇▇ Post, the following annual non-refundable license fee for the use of the Spartan name by January 1 of each year during the term of this Agreement and any extension thereof. YEAR ANNUAL LICENSE FEE ---- ------------------ 1 -- JANUARY 1, 2000 $25,000 2 -- JANUARY 1, 2001 $25,000 3 -- JANUARY 1, 2002 $25,000 4 -- JANUARY 1, 2003 $30,000 5 -- JANUARY 1, 2004 $36,000 6 -- JANUARY 1, 2005 $43,200 7 -- JANUARY 1, 2006 $51,850 8 -- JANUARY 1, 2007 $62,200 9 -- JANUARY 1, 2008 $74,650 The annual license fee shall be in addition to the normal royalty payments. The non-refundable payments will be added along with all Quarterly Royalty Payments and any Cumulative Payments for third year renewal and new renewals.

Examples of Non-Refundable Payments in a sentence

  • As a reasonable estimate of Seller’s fair compensation for any damages resulting from such default, the Parties agree that the sums paid by the Buyer hereunder as the ▇▇▇▇▇▇▇ Money Deposit and Non-Refundable Payments shall be forfeited by Buyer to Seller and belong to Seller as liquidated damages and shall be Seller’s only remedy.

  • In the event said Proof of Funds is unsatisfactory to Seller, Seller shall have the right to cancel this Contract and, in that instance, return the ▇▇▇▇▇▇▇ Money Deposit and any Non-Refundable Payment(s) to Buyer.

  • As a reasonable estimate of Seller’s fair compensation for any damages resulting from such default, the parties agree that the sums paid by the Buyer hereunder as Non-Refundable Payments shall be forfeited by Buyer to Seller and belong to Seller as liquidated damages and, except in the event of fraud by Seller, shall be Seller’s only remedy.

  • As a reasonable estimate of ▇▇▇▇▇▇’s fair compensation for any damages resulting from such default, the parties agree that the sums paid by the Buyer hereunder as Non-Refundable Payments shall be forfeited by Buyer to Seller and belong to Seller as liquidated damages and, except in the event of fraud by Seller, shall be Seller’s only remedy.

  • As a reasonable estimate of ▇▇▇▇▇▇’s fair compensation for any damages resulting from such default, the parties agree that the sums paid by the Buyer hereunder as Non-Refundable Payments shall be forfeited by Buyer to Seller and belong to Seller as liquidated damages and, except in the event of fraud by ▇▇▇▇▇▇, shall be Seller’s only remedy.

  • As a reasonable estimate of ▇▇▇▇▇▇’▇ fair compensation for any damages resulting from such default, the parties agree that the sums paid by the Buyer hereunder as Non-Refundable Payments shall be forfeited by Buyer to ▇▇▇▇▇▇ and belong to ▇▇▇▇▇▇ as liquidated damages and, except in the event of fraud by ▇▇▇▇▇▇, shall be ▇▇▇▇▇▇’▇ only remedy.

  • Non-Refundable Payments shall have the meaning ascribed to such term in the definition of Acquisition Expenses.

  • The Sellers and the Companies acknowledge and agree that the liability of both the Purchaser and Citadel for the failure of either or both of them to consummate the transactions contemplated pursuant to this Agreement shall be limited to the Escrow Deposit, as set forth in Section 13.1, and the Non-Refundable Payments.

  • Each of the above-described payments (collectively, the "Non-Refundable Payments") will be fully earned by the Sellers as of, in the case of the first payment, when the Sellers execute and deliver this Agreement, in the case of the second payment, when the Sellers execute and submit the FCC Application, and in the case of the third payment, when the Sellers execute and submit the filings required of them pursuant to the HSR Act.

  • Date Changes: At the election of Grandview Non-Refundable Payments may be transferable up to two (2) times, based on availability.


More Definitions of Non-Refundable Payments

Non-Refundable Payments means the initial $500,000 non-refundable payment, together with any additional non-refundable payments made pursuant to Section 4.1(b).
Non-Refundable Payments. All payments made by the Second Party are non-refundable, except as expressly provided for under this agreement. • Default: In the event of default by the Second Party, the First Party reserves the right to pursue any and all remedies available under law, including but not limited to legal action to recover outstanding payments and/or termination of this agreement. • Taxes: All payments shall be exclusive of any applicable taxes, which shall be borne by the Second Party.

Related to Non-Refundable Payments

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Upfront Payment has the meaning set forth in Section 8.1.

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.