Common use of Non-Refundable Rental Amount Clause in Contracts

Non-Refundable Rental Amount. If the Lessee, being entitled to possession hereunder, shall fail for any reason other than as specified in Section 8.1 hereof to take possession of or to use the Premises, no refund of the rental amount shall be made. Specifically, the Lessee agrees that inclement weather will not be a basis for a refund. The full rent called for by this Agreement, including any disbursements or expenses incurred by the Lessor in connection therewith, shall be payable by the Lessee to the Lessor as liquidated damages, and not by way of penalty.

Appears in 6 contracts

Samples: Event Lease, Volunteer Landing Event Lease, Volunteer Landing Event Lease

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.