Common use of Cancellation of Contract/Liquidated Damages Clause in Contracts

Cancellation of Contract/Liquidated Damages. We, the contracting parties, understand that the services provided by Wellers are unique and Wellers makes arrangements to maintain the venue space, suppliers and employees a substantial time before the Date of the Engagement. If you cancel this contract Wellers will suffer damages because of its obligation for payment to maintain venue space and property. These damages are difficult to measure. Therefore, if you cancel this contract at any time before the date of event Wellers has the right to keep the Venue Property Rental Deposit /Balance to compensate Wellers for expenses and losses resulting from cancellation of contract MEETINGS & PAYMENTS We the contracting parties, have received an Estimate Sheet outlining the required base price and available options. The first meeting with Wellers will be 90 days prior to event. We understand we will pay 50% of our 90-day invoice at the close of this meeting. The Room Venue Deposit will be applied to the final balance 7-10 days prior to our event. The final balance will be based on the final seating diagram submitted to Wellers. If the final guest count is below the minimum required (in first paragraph above) there will be a minimum service charge based on the number of guests below minimum X the minimum menu price. All deposits and payments are made by check or cash. INDEMNIFICATION The Contracting Party agrees to indemnify and hold harmless Wellers Inc.and its officers from any liability, claims, damages, loss, or expense (including attorney’s fees, court costs, and consequential damages) relating in any way to the event or caused by the use of the facility by the Contracting Parties, guests or invitees, or the Contracting Party’s vendors, coordinators, musicians, decorators, photographers and others who are working for the Contracting Party.

Cancellation of Contract/Liquidated Damages. We, the contracting parties, understand that the services provided by Wellers are unique and Wellers makes arrangements to maintain the venue space, suppliers and employees a substantial time before the Date of the Engagement. If you cancel this contract Wellers will suffer damages because of its obligation for payment to maintain venue space and property. These damages are difficult to measure. Therefore, if you cancel this contract at any time before the date of event Wellers has the right to keep the Venue Property Rental Deposit /Balance & Security deposit to compensate Wellers for expenses and losses resulting from cancellation of contract MEETINGS & PAYMENTS We the contracting parties, have received an Estimate Sheet outlining the required base price and available options. The first meeting with Wellers will be 90 days prior to event. We understand we will pay 50% of our 90-day invoice at the close of this meeting. The Venue Room Venue Rental Deposit will be applied to the final balance 7-10 days prior to our event. The final balance will be based on the final seating diagram submitted to Wellers. If the final guest count is below the minimum required (in first paragraph above) there will be a minimum service charge based on the number of guests below minimum X the minimum menu price. All deposits and payments are made by check or cash. INDEMNIFICATION The Contracting Party agrees to indemnify and hold harmless Wellers Inc.and its officers from any liability, claims, damages, loss, or expense (including attorney’s fees, court costs, and consequential damages) relating in any way to the event or caused by the use of the facility by the Contracting Parties, guests or invitees, or the Contracting Party’s vendors, coordinators, musicians, decorators, photographers and others who are working for the Contracting Party.

Cancellation of Contract/Liquidated Damages. We, the contracting parties, understand that the services provided by Wellers are unique and Wellers makes arrangements to maintain the venue space, suppliers and employees a substantial time before the Date of the Engagement. If you cancel this contract Wellers will suffer damages because of its obligation for payment to maintain venue space and property. These damages are difficult to measure. Therefore, if you cancel this contract at any time before the date of event Wellers has the right to keep the Venue Property Rental Deposit /Balance to compensate Wellers for expenses and losses resulting from cancellation of contract MEETINGS & PAYMENTS We the contracting parties, have received an Estimate Sheet outlining the required base price and available options. The first meeting with Wellers will be 90 days prior to event. We understand we will pay 50% of our 90-day invoice at the close of this meeting. The Room Venue Property Rental Deposit will be applied to the final balance 7-10 days prior to our event. The final balance will be based on the final seating diagram submitted to Wellers. If the final guest count is below the minimum required (in first paragraph above) there will be a minimum service charge based on the number of guests below minimum X the minimum menu price. All deposits and payments are made by check or cash. INDEMNIFICATION The Contracting Party agrees to indemnify and hold harmless Wellers Inc.and its officers from any liability, claims, damages, loss, or expense (including attorney’s fees, court costs, and consequential damages) relating in any way to the event or caused by the use of the facility by the Contracting Parties, guests or invitees, or the Contracting Party’s vendors, coordinators, musicians, decorators, photographers and others who are working for the Contracting Party.