Common use of Refund of Transaction Fee Clause in Contracts

Refund of Transaction Fee. The Member may cancel a Confirmed Exchange and obtain a refund of the Transaction fee until the end of the next RCI Business Day (“RCI Business Day” shall be deemed to be regular business hours of operation for RCI’s Carmel, Indiana Call Center), following the date on which the Confirmed Exchange was made, after which the Transaction fee will be forfeited.

Refund of Transaction Fee. The Member may cancel a Confirmed Exchange and obtain a refund of the Transaction fee until the end of the next RCI Business Day (“RCI Business Day” shall be deemed to be regular business hours of operation for RCI’s Carmel, Indiana Singapore Call Center), following the date on which the Confirmed Exchange was made, after which the Transaction fee will be forfeited.