Securing Fee definition

Securing Fee means the amount of money paid by the Parent/s to the School, after a Child has been offered a firm place in the School to indicate their acceptance of a place in the School. This is a non- refundable deposit which the School may require be increased from time to time;
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Securing Fee means the amount of money paid by the Parent/s to the School, after a Child has been offered a firm place in the School to indicate their acceptance of a place in the School. This is a non-refundable deposit which the School may require be increased from time to time.
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Examples of Securing Fee in a sentence

  • The Securing Fee will be kept by the School as a reasonable cancellation fee for your Child’s withdrawal, unless and the School, acting reasonably, is able to fill the vacancy created by your Child’s withdrawal on or before the first day of the first full term for which your Child was to have been enrolled in which case you will be refunded the Securing Fee, less the School’s costs in administering, processing and handling your Child’s enrolment (or a reasonable estimate of these costs).

  • The Securing Fee will be kept by the School as a reasonable cancellation fee for your Child’s withdrawal, unless the School, acting reasonably, is able to fill the vacancy created by your Child’s withdrawal on or before the first day of the first full term for which your Child was to have been enrolled in which case you will be refunded the Securing Fee, less the School’s costs in administering, processing and handling your Child’s enrolment (or a reasonable estimate of these costs).

Related to Securing Fee

  • Structuring Fee shall have the meaning specified in the Fee Letter.

  • Funding Fee shall have the meaning specified in the Fee Letter.

  • Undrawn Fee a fee payable pursuant to Section 3.2 for each day of the related Collection Period equal to the product of (x) the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 2% above the Prime Rate.