Common use of Late Termination by Client Clause in Contracts

Late Termination by Client. Termination by a Client of a Rental Agreement with less than seventy-two (72) hours’ notice will result in a penalty of up to fifty (50%) percent of the Fees paid plus any Security Fees (as defined below) and additional costs which may have been incurred by the Library in preparing the Facilities for the Event. Penalties may be waived if the Facilities are subsequently booked by another Client, at the Library’s sole discretion.

Appears in 5 contracts

Samples: Room and Event Space Rental Agreement, Room and Event Space Rental Agreement, Room and Event Space Rental Agreement

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