Non-Refundability Clause Samples
A Non-Refundability clause establishes that payments made under the agreement are final and will not be returned to the paying party under any circumstances. This typically applies to deposits, fees, or advance payments, regardless of whether the contract is later terminated or the services are not fully rendered. The core function of this clause is to provide certainty to the receiving party about retaining funds, thereby protecting them from financial loss due to cancellations or changes in the agreement.
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Non-Refundability. In cases where the student withdraws from a course, there will be NO refund of deposit paid. The full course fee remains due in full even if the student discontinues attendance. The student is in default and hence not eligible for a refund of tuition fee and any other expenses such as travel, and accommodation expenses incurred for the purpose of studying in Malta
Non-Refundability. Except as specifically provided in this Agreement, the payments by OPTIMER as set forth in ARTICLE 5 shall not be creditable or refundable for any reason. ARTICLE 6
Non-Refundability. All milestone payments and research and development funding payments Abbott makes to API pursuant to Section 3.1 or 3.2 shall be non-refundable once paid. However, if this Agreement is terminated for any reason prior to a given milestone or research and development funding payment becoming due or if the events specified for a given milestone or research and development funding payment do not occur, then Abbott shall have no obligation to make such milestone or research and development funding payment; provided, however, that if API terminates this Agreement due to Abbo▇▇'▇ ▇▇▇erial Breach pursuant to Section 16.2(b), the foregoing shall not relieve Abbott of liability for damages, if any, that API may recover from Abbott in an ADR proceeding pursuant to Section 18.2(b).
Non-Refundability. Any payment or transfer of money hereunder from one party to the other shall not be refundable
Non-Refundability. All milestone payments GTX makes to Orion pursuant to Section 3.1.1 shall be non-refundable once paid. However, if this Agreement is terminated for any reason prior to a given milestone payment becoming due or if the events specified for a given milestone payment do not occur, then GTX shall have no obligation to make such milestone payment.
Non-Refundability. Unless otherwise specified, all fees that Franchisee paid to Hyatt before or simultaneously with the execution of this Agreement, or will pay to Hyatt during the Term, are non-refundable.
Non-Refundability. All fees payable under this Section 2.18 shall be paid on the dates due, in immediately available funds, to the Administrative Agent. All fees paid under this Section 2.18 shall not be refundable under any circumstances.
Non-Refundability. All payments made under this Agreement are non-refundable, except to the extent of any adjustments for payment calculation errors or product returns.
Non-Refundability. The ▇▇▇▇▇▇▇ Money shall not be refundable to Buyer unless (i) Buyer exercises its rights of termination relative to the Due Diligence Period as set out in Article Four, or (ii) Seller shall default under this Agreement, (iii) any precondition to Buyer's obligations to close hereunder shall not be met, (iv) Buyer terminates this Agreement for any other reason permitted hereunder, (v) Seller fails to deliver good and marketable title in accordance with this Agreement, or (vi) Seller otherwise fails to or is unable to perform under this Agreement.
Non-Refundability. Moorage payments will not be refunded under any circumstances.