Common use of Over Payments Clause in Contracts

Over Payments. To avoid forfeiture, any payment made by the Licensee in excess of the Final Invoice amount must be requested for refund in writing by Licensee no later than September 1st of the same calendar year. Overpayments cannot be reserved and will not be applied to a future reservation made by the Licensee. Unless the First and Second Payments are both received by University on or before the due dates, as set forth in the Reservation Confirmation, GW will not be obligated to provide the Licensed Space to the Licensee, to any Group Participant, and this Agreement may be administratively canceled by GW. Payment of the Final Invoice as well as any late fees, not timely received may be referred to an attorney or outside agency for collection. The Licensee shall be solely responsible for all fees plus any collection costs, including attorney fees that the University incurs in collecting payments. The University also reserves the right to apply any outstanding debt of an individual Group Participant of a sponsoring organization, onto the sponsoring organization, should attempts by GW to collect directly from the individual be ignored.

Appears in 3 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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Over Payments. To avoid forfeiture, any payment made by the Licensee in excess of of, the Final Invoice amount must be requested for refund in writing by Licensee no later than September 1st of the same calendar year. Overpayments cannot be reserved and will not be applied to a future reservation made by the Licensee. Unless the First and Second Payments are both received by University on or before the due dates, as set forth in the Reservation Confirmation, GW will not be obligated to provide the Licensed Space to the Licensee, to any Group Participant, and this Agreement may be administratively canceled cancelled by GW. Payment of the A Final Invoice payment as well as any late fees, not timely received may be referred to an attorney or outside agency for collection. The Licensee shall be solely responsible for all fees plus any collection costs, including attorney fees that the University incurs in collecting payments. The University also reserves the right to apply any outstanding debt of an individual Group Participant of a sponsoring organization, onto the sponsoring organization, should attempts by GW to collect directly from the individual be ignored.

Appears in 1 contract

Samples: Terms and Conditions

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