Acceptance and Deposit Sample Clauses

Acceptance and Deposit. (a) Following the completion and submission of a Registration Form by the Parents and payment of the registration fee, a child will be requested to undertake the assessments / examinations required by the School. Following on from the assessments / examinations of the child, the School shall determine (in its absolute discretion) whether the child should or can be offered a place at the School. If the School does not offer the child a place, then the School shall notify the Parents of this decision in writing. If the School wishes to offer a place to the child, then the School shall issue a letter to the Parents notifying them of this, together with the Acceptance Form and these Terms and Conditions, requesting the relevant Deposit to be paid. For the avoidance of doubt, the registration fee paid upon registering the child as a prospective pupil at the School shall not be refunded in any event. (b) An offer of a place for your child at the School is accepted by you, by completing and signing the Acceptance Form and by payment of the appropriate Deposit to the School. Payment of the Deposit and the Fees in accordance with these Terms and Conditions, creates the Contract between the parties. (c) The Deposit paid by you is not refundable if the Pupil does not take up a place at the School. Provided the Parents have complied with the terms of the Contract, the Deposit will be refunded when the Pupil leaves the School and will be repaid without interest less any amounts owing to the School on leaving, including charges for unreturned books, or any other property belonging to the School unless you wish to donate the deposit to the School’s bursary fund. (d) Any fee remissions offered for scholarships, awards or bursaries will be repayable to the School if the Pupil is subsequently withdrawn prior to completion of his/her education in the Sixth Form.
Acceptance and Deposit. (a) How you accept our offer of a place. An offer of a place for your child at the School is accepted by your submitting the completed Acceptance Form and paying the deposit. (b) The non-refundable status of the deposit. The deposit is not refundable if your child does not take up a place at the School. The exception to this is where the School fills the vacancy created by your child’s withdrawal, in which case the School shall refund the deposit to you less its costs in administering your dealings with the School or a reasonable estimate of those costs. (c) How we use the deposit. The deposit will form part of the general funds of the School until it is repaid without interest to you, after deduction of any other sums due to the School, after your child leaves the School. PLEASE READ THIS NEXT SECTION CAREFULLY – it deals with what you need to do if you wish to withdraw your acceptance of a place before your child joins the School and what happens if you withdraw at that stage. The cancellation of a place which has been accepted can cause losses to the School, especially if it occurs after other families have taken their decisions about schooling for their children as it means we are less likely to fill the place. This is why we require the period of notice referred to here for a withdrawal, and why different consequences follow depending on whether we get that period of notice or not.
Acceptance and Deposit. In the event that the Administrative Member delivers a Purchase Offer with respect to a BREA Membership Sale, then BREA shall have a twenty (20) day period in which to elect either to accept or reject the Purchase Offer. If BREA delivers an Acceptance Notice that it accepts the Purchase Offer with respect to a BREA Membership Sale, then BREA shall sell BREA’s Membership Interest and the Administrative Member shall be obligated to purchase BREA’s Membership Interest for a purchase price equal to the Administrative Member’s Price, on the Purchase Date that is ninety (90) days after the delivery date of the Acceptance Notice, provided that the Administrative Member shall have the right to extend the Purchase Date for an additional thirty (30) days upon prior notice to BREA accompanied by the Additional Deposit. In the event that the Administrative Member becomes obligated to purchase BREA’s Membership Interest as provided above, then the Administrative Member shall transmit via wire transfer into an account specified by BREA, or by a certified check from a bank reasonably acceptable to BREA, readily available funds the Purchase Deposit payable to the Company, within five business days after the Purchase Offer is accepted. The Purchase Deposit and the Additional Deposit, if applicable, if made, shall be non-refundable to the Administrative Member in all events other than (i) the failure of the closing of the sale of BREA’s Membership Interest to occur by reason of the default by BREA or the Company as directed by BREA, (ii) the failure to execute a ROFO Purchase Agreement or (iii) one or more closing conditions which have been agreed to by the parties (other than as a result of a default by the Administrative Member) are not satisfied or waived (and in each such case the Purchase Deposit and the Additional Deposit, if applicable, shall be promptly refunded to the Administrative Member). Upon the closing of the sale on the Purchase Date, the Purchase Deposit and the Additional Deposit, if applicable, shall be a credit against the Administrative Member’s Price.
Acceptance and Deposit. In the event that the Administrative Member delivers a Purchase Offer with respect to a Property Sale, BREA shall have a twenty (20) day period in which to elect either to accept or reject the Purchase Offer. If BREA delivers an Acceptance Notice that it accepts the Purchase Offer with respect to a Property Sale, then the Company shall sell the applicable Property or Properties to the Administrative Member, and the Administrative Member shall be obligated to purchase the applicable Property or Properties for a purchase price equal to the Administrative Member’s Price, on the Purchase Date that is sixty (60) days after the delivery date of the Acceptance Notice, provided that the Administrative Member shall have the right to extend the Purchase Date for an additional thirty (30) days upon prior notice to BREA accompanied by the Additional Deposit. In the event that the Administrative Member becomes obligated to purchase the applicable Property or Properties as provided above, then the Administrative Member shall transmit via wire transfer into an account specified by BREA, or by a certified check from a bank reasonably acceptable to BREA, the Purchase Deposit payable to the Company, within five (5) business days after the Purchase Offer is accepted. The Purchase Deposit, if made, shall be non-refundable to the Administrative Member in all events other than (i) the failure of the closing of the sale of the applicable Property or Properties to occur by reason of the default by BREA or the Company as directed by BREA,
Acceptance and Deposit. (a) How you accept our offer of a place (b) The non-refundable status of the deposit (c) How we use the deposit The cancellation of a place which has been accepted can cause losses to the School, especially if it occurs after other families have taken their decisions about schooling for their children as it means we are less likely to fill the place. This is why we require the period of notice referred to here for a withdrawal, and why different consequences follow depending on whether we get that period of notice or not.
Acceptance and Deposit. (a) How you accept our offer of a place. An offer of a place for your child at the School is accepted by your submitting the completed Acceptance Form and paying the deposit. (b) The non-refundable status of the deposit. The deposit is not refundable if your child does not take up a place at the School, subject to Clause 2(d).
Acceptance and Deposit. (a) How you accept our offer of a place. An offer of a place for your child at the School is accepted by your submitting the completed Acceptance Form and paying the deposit. (b) The non-refundable status of the deposit. The deposit is not refundable if your child does not take up a place at the School. The exception to this is where the School fills the vacancy created by your child's withdrawal, in which case the School shall refund the deposit to you less it’s costs in administering your dealings with the School or a reasonable estimate of those costs. (c) How we use the deposit. Unless you have indicated that you would like to donate the deposit to the School’s development fund, the deposit will form part of the general funds of the School until it is credited without interest to the final payment of the fees or other sums due to the School on your child's leaving.
Acceptance and Deposit. (a) An offer of a place for your child at the School is accepted by your submitting the duly completed Acceptance Form and paying the deposit. (b) The deposit is not refundable if your child does not take up a place at the School. However, if the School fills the vacancy created by your child's withdrawal, the School will refund the deposit less its costs in administering your dealings with the School or a reasonable estimate of those costs.1 The deposit will form part of the general funds of the School until it is credited, without interest, to the final pupil invoice which is issued in the term following the child leaving the school. This invoice will also include any extra charges incurred by the pupil in their final term. (c) If you wish to withdraw your acceptance of a place after submitting the Acceptance Form and paying the deposit but before your child starts at the School you must give written notice to that effect prior to the first day of the term immediately preceding the term in which your child was due to start. If such notice is received by the School by that time the deposit will be forfeited in accordance with Clause 2(b) above but no further fees will be payable. However, if such notice is received on or after that date (or if no notice is received at all), a term's fees shall be payable and shall become due and owing to the School as a debt. The term's fees shall be charged at the rate applicable for the term immediately preceding the term when your child was due to start and the School shall credit the deposit (without interest) to such 1 You should be aware that in the event of a late withdrawal it is very unlikely that the School would be able to find a replacement.
Acceptance and Deposit. (a) The deposit (Acceptance Deposit) as shown on the Schedule of Fees will become payable when You accept the offer of a place in boarding at the School as set out in clause 1 (b) above. Unless otherwise stated in these terms and conditions, the deposit will form part of the general funds of the School until it is credited without interest to the final payment of the fees or other sums due to the School on the Student’s leaving boarding. (b) If at any time during the Student's time as a boarder at the School You predominantly reside outside the UK (irrespective of whether a UK residence is maintained) the School may require you to pay an additional deposit (Additional Deposit) of up to one third of the annual boarding fee. The School will hold the Additional Deposit in its general funds and deduct it from the final term’s fees (or fees in lieu of notice). This provision does not apply to employees of the UK Ministry of Defence or other Government servants where fees are paid in whole or part by the UK Government.