What happens if there is an excess Sample Clauses

What happens if there is an excess. Subject to Clause 10 below, if when the Child leaves the School and all fees have been paid there is a balance of the Advance Payment remaining (e.g. because actual fees have been less than the amount paid in advance at the Fee Rate), then the Foundation will refund that balance to the Parents after deducting any amount owed by the Parents to the Foundation at the time of the refund, including any fees in lieu of notice.
Sample 1
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Related to What happens if there is an excess

  • Termination Due to Force Majeure Event If the period of Force Majeure continues or is in the reasonable judgment of the Parties likely to continue beyond a period of 120 (one hundred and twenty) Days, the Parties may mutually decide to terminate this Agreement or continue this Agreement on mutually agreed revised terms. If the Parties are unable to reach an agreement in this regard, the Affected Party shall after the expiry of the said period of 120 (one hundred and twenty ) Days be entitled to terminate the Agreement in which event, the provisions of Articles 16 and 17 shall, to the extent expressly made applicable, apply.

  • TERMINATION DUE TO CHANGE IN FUNDING ‌ 35 In the event funding from HCA, MCO, State, Federal, or other sources is withdrawn, reduced, or limited 36 in any way after the effective date of this Contract and prior to its normal completion, either party may 37 terminate this Contract subject to re-negotiations.

  • Disputes between a Contracting Party and an Investor of the other Contracting Party

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