PAYMENTS/CANCELLATIONS/SPACE REDUCTION Clause Samples
The PAYMENTS/CANCELLATIONS/SPACE REDUCTION clause governs the financial obligations and procedures related to payments, cancellations, and requests to reduce reserved space under a contract. It typically outlines when and how payments must be made, the process and potential penalties for canceling a reservation, and the steps required if a party wishes to decrease the amount of space initially agreed upon. This clause ensures that both parties understand their rights and responsibilities regarding changes to the agreement, helping to prevent disputes and allocate financial risk in cases of cancellation or modification.
PAYMENTS/CANCELLATIONS/SPACE REDUCTION a. SPE reserves the right not to assign any exhibit space for which an invoice for ANY SPE event remains unpaid for more than thirty (30) days after invoice due date.
PAYMENTS/CANCELLATIONS/SPACE REDUCTION a. SPE reserves the right not to assign any exhibit space for which an invoice for ANY SPE event remains unpaid after invoice due date.
PAYMENTS/CANCELLATIONS/SPACE REDUCTION a. Right Not to Assign Exhibit Space – Unpaid Invoices. SPE reserves the right not to assign any Exhibit Space for which an invoice for ANY SPE event remains unpaid for more than thirty (30) days after invoice due date.
b. Full Payment. 100 % payment is due on or before 27 September 2019. Exhibitors who have not either paid in full or notified SPE of their cancellation within 7 calendar days of the full payment date or space assignment if after that date, are subject to having their Exhibit Space cancelled and reassigned by SPE. Exhibitor will not be allowed to begin move-in operations or be listed as an Exhibitor in the Conference Program until full payment and a duly executed Agreement have been received by SPE.