Common use of Cancellation by Licensee Clause in Contracts

Cancellation by Licensee. A. If the Licensee cancels the event and gives Xxxxxx’x Grove written notice of that fact at least 180 days prior to the event date, any paid rental fees shall be refunded. Xxxxxx’x Grove shall be entitled to retain the security deposit as liquidated damages. B. If notification is received less than 180 days but more than 90 days prior to event date, Xxxxxx’x Grove shall be entitled to a cancellation fee of the greater of half of the event charge or the security deposit amount. The lesser amount will be refunded. The security deposit may be applied to any remaining balance of the cancellation fee if needed. C. If the Licensee cancels the event and gives Xxxxxx’x Grove written notice less than 90 days prior to event date, Xxxxxx’x Grove shall be entitled to a cancellation fee of the total event charge and the security deposit will be refunded. The security deposit may be applied to any remaining balances of the cancellation fee. This applies to all events scheduled less than 90 days prior to the event date. D. Cancellation of a rescheduled event date is covered in Paragraph 9 of this agreement.

Appears in 5 contracts

Samples: Facility License Agreement, Facility License Agreement, Facility License Agreement

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Cancellation by Licensee. A. If the Licensee cancels the event and gives Xxxxxx’x Grove written notice of that fact at least 180 days prior to the event date, any paid rental fees shall be refunded. Xxxxxx’x Grove shall be entitled to retain the non-refundable security deposit as liquidated damages. B. If notification is received less than 180 days but more than 90 days prior to event date, Xxxxxx’x Grove shall be entitled to a cancellation fee of the greater of half of the event charge or the security deposit amount. The lesser amount will be refunded. The non-refundable security deposit may shall be applied to any remaining balance of the cancellation fee if neededfee. C. If the Licensee cancels the event and gives Xxxxxx’x Grove written notice less than 90 days prior to event date, Xxxxxx’x Grove shall be entitled to a cancellation fee of the total event charge and the non-refundable security deposit will be refunded. The security deposit may be applied to any remaining balances of the cancellation feedeposit. This applies to all events scheduled less than 90 days prior to the event date. D. Cancellation of a rescheduled event date is covered in Paragraph 9 of this agreement.

Appears in 1 contract

Samples: Facility License Agreement

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