Common use of Initiation Fee Clause in Contracts

Initiation Fee. (a) A one-time initiation fee of $100 is to be paid for each member candidate at the time of application. (b) The initiation fee covers the cost of considering the applicant, opening the account, and issuing a key card. (c) If a Member chooses not to renew their membership for a term, and they would like to return later, they must reapply and pay another initiation fee just like a new member.

Initiation Fee. (a) A one-time initiation fee of $100 150 for an individual and $200 for a couple is to be paid for each by the member candidate at the time of application. (b) The initiation fee covers the cost of considering the applicant, opening the account, and issuing a key card. (c) If a Member chooses not to renew their membership for a term, and they would like to return later, they must reapply and pay another initiation fee just like a new member.

Initiation Fee. (a) A one-time initiation fee of $100 is to be paid for each member candidate at the time of application. (b) The initiation fee covers the cost of considering the applicant, and opening the account, and issuing a key card. (c) If a Member chooses not to renew their membership for a term, and they would like to return later, they must reapply and pay another initiation fee just like a new member.