Cancellation Penalty. Cancellation of the Housing License Agreement and assignment may result in a financial penalty (see Cancellation Release & Termination).
Cancellation Penalty. Should the cancellation referred to in 2 above come into effect before the termination date referred to a penalty equal to the rental of 60 days or until the termination date or until the premises is rented out to a third party, whichever is the shorter, will apply. It is agreed that the 60 day period is a reasonable time for the Lessor to secure a new occupant.
Cancellation Penalty. The cancellation penalty is a percent of the Total Rent and shall increase with each day that the unit is rented by Principal Guest in the Cancellation x days before arrival time period according to the following schedule:
Cancellation Penalty i. A Housing Contract cancelled by either the resident or Owner will incur the corresponding cancellation penalty:
a. Cancelled May 16-June 15 -- $100
b. Cancelled June 16-July 15 -- $200
c. Cancelled July 16-September 1 -- $300
d. Cancelled during the contract term -- $100
Cancellation Penalty the charge applicable for a Cancelled Order. The Cancellation Penalty amount is as indicated in Seller Center.
Cancellation Penalty. If the Occupant is a natural person and chooses to cancel this Lease prior to the expiry of the initial period for a reason other than a material breach of this Lease by the Lessor, then the following will apply: The Occupant must give the Lessor a least 20 (twenty) business days written notice of such cancellation; The Lessor shall be entitled to recover any loss suffered by the Lessor as a result of such early cancellation of the Lease by charging the Occupant a reasonable cancellation penalty which will be equivalent of not less that 2 (two) months' rental. The Occupant agrees that such a penalty is reasonable, considering the time left until the initial period is due to terminate and the likelihood of the Lessor finding another tenant to replace the Occupant within a reasonable time.
Cancellation Penalty. Full academic year (fall 2022/winter 2023 semesters) Through July 15: No charge July 16 to start of Contract Period: $300 During Contract Period: $300 plus prorated University Housing rate for the Contract Period (Contract Period begins on first day of fall semester classes) Winter 2023 semester During Contract Period: $300 plus prorated University Housing rate for the Contract Period (Contract Period begins on first day of winter semester classes) Summer 2023 semester During Contract Period: $300 plus prorated University Housing rate for the Contract Period (Contract Period begins on first day of summer I semester classes)
Cancellation Penalty. If an Employee is notified of a cancellation of a call within twelve (12) hours of the start of the call, the Employee shall be paid four (4) hours wages at the rate negotiated for the call.
Cancellation Penalty. If Lessee exercises its Cancellation Option, Lessee shall pay Lessor on the effective date of such cancellation an amount to reimburse the Lessor for the unamortized portion of leasing commissions and tenant improvements. Such amount will be amortized based upon a sixty (60) month term at ten percent (10%) interest. Such Cancellation Penalty amounts are broken down as follows:
A. Cancellation Penalty after the Third Lease Year: Reimbursement of Unamortized Tenant Improvements: $43,572.54 Reimbursement of Unamortized Leasing Commissions: $21,642.69 ---------- $65,215.23
B. Cancellation Penalty after Fourth LeaseYear: Reimbursement of Unamortized Tenant Improvements: $22,870.18 Reimbursement of Unamortized Leasing Commissions: $11,359.75 ---------- $34,229.93
Cancellation Penalty. Customer shall have the right to cancel and terminate this Agreement, with or without cause, at any time upon thirty (30) days' prior written notice to Accuray. There shall be no penalty for such cancellation and termination.