Common use of Payment in Advance Clause in Contracts

Payment in Advance. (a) You may request to pay your Membership Fees in advance. We, at our sole discretion, reserve the right to accept or deny your request. (b) If we accept your request for advance payment, the following conditions apply: (i) you must provide full payment of one (1) year of Membership Fees, it being acknowledged that we are not permitted to accept prepayment of Membership Fees for a period greater than 12 months; (ii) you may be entitled to a Cooling-Off Period under applicable Regulations in accordance with clause 3.10(a) (where you are a new Member who has never previously held a Membership with us); (iii) your advance payment will be non-refundable after expiration of the Cooling-Off Period (if any) unless required under any applicable Regulations and subject to the conditions provided in clause 3.10(b)(ii)(B); and (iv) your Membership will automatically renew after the agreed advance payment period ceases and standard billing will commence unless you cancel your Membership prior to that date or unless otherwise agreed by Revo Fitness.

Appears in 5 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

AutoNDA by SimpleDocs

Payment in Advance. (a) You may request to pay your Membership Fees in advance. We, at our sole discretion, reserve the right to accept or deny your request. (b) If we accept your request for advance payment, the following conditions apply: (i) you must provide full payment of one (1) year of Membership Fees, it being acknowledged that we are not permitted to accept prepayment of Membership Fees for a period greater than 12 months; (ii) you may be entitled to a Cooling-Off Period under applicable Regulations in accordance with clause 3.10(a) (where you are a new Member who has never previously held a Membership with us); (iii) your advance payment will be non-refundable after expiration of the Cooling-Off Period (if any) unless required under any applicable Regulations and subject to the conditions provided in clause 3.10(b)(ii)(B); and (iv) your Membership will automatically renew after the agreed advance payment period ceases and standard billing will commence unless you cancel your Membership prior to that date or unless otherwise agreed by Revo Fitness.

Appears in 1 contract

Samples: Membership Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!