Conditions and Disclosures Sample Clauses

The "Conditions and Disclosures" clause sets out specific requirements or circumstances that must be met or revealed for the agreement to be valid or for certain obligations to take effect. Typically, this clause outlines information that one or both parties must provide, such as financial statements, legal compliance documents, or other relevant disclosures, before proceeding with the contract. Its core function is to ensure transparency and protect both parties by making sure all necessary information is shared and certain prerequisites are satisfied before contractual duties are enforced.
Conditions and Disclosures. 1) I UNDERSTAND THAT ALL FEES ARE NONREFUNDABLE. I understand that my child’s space in the program is not secured following acceptance until all enrollment forms have been submitted and all fees have been paid. 2) I hereby grant to BWK the non-exclusive use of any photograph or video taken of my child, and of any artwork created by my child while at BWK. 3) I am aware that BWK does not follow the Boulder Valley Public School District calendar. The BWK calendar includes the following school closures:  1 week Thanksgiving break: Parent/Teacher Conferences and Thanksgiving holiday  1 week February Break: Waldorf Teachers Regional Conference Week  2 week December Winter Break  2 week Spring Break 4) I understand that my invoice will be emailed to me approximately a week prior to the 1st day of each month and that payment is due on the 1st of the month and MUST BE RECEIVED BY BWK NO LATER THAN THE 10TH OF THE MONTH. I understand that the above are my payment obligations and that I receive invoices as a courtesy. If BWK has not received my payment by the 10th of the month, then I agree to pay a late fee of 10% of my total balance due, or $25, whichever is greater. If late tuition is not paid by the end of the month, I may be notified by BWK that my child cannot attend BWK until my balance is paid in full. When my account is 30 days late or more, my outstanding balance shall accrue interest at the rate of 2% per month until paid in full. I agree to pay all costs of collection for amounts due under this contract including but not limited to attorney's fees and court costs. 5) I agree to pay a $25 service charge if my check or ACH is returned by the bank for insufficient funds. 6) I understand that my full payment is due each month even in cases of absence due to illness or travel, and that my child may not switch days, even in the event of absence due to illness or travel. 7) EARLY WITHDRAWAL AND SCHEDULE CHANGES: I understand that 90 days written notice is required if I choose to withdraw my child from this program before the end of the school year. I understand that I am responsible for paying tuition at my regular tuition level, as specified in this contract, for 3 monthly payments following the date of my written notice for withdrawal, for any such withdrawal notice dated after April 30, 2020 (note that this includes notices dated before the beginning of the school year). In this case, I will be invoiced by BWK for three monthly payments on the 1st of the ...
Conditions and Disclosures