Common use of WITHDRAWAL BY LESSEE Clause in Contracts

WITHDRAWAL BY LESSEE. LESSEE may withdraw from the lease, without penalty and without justification, within 30 days prior to the check-in date. In this case, the amount paid by LESSEE as a commitment deposit will be refunded, net of any bank transfer charges. If the right of withdrawal is exercised in the period between 29 and 15 days prior to the check-in date a penalty corresponding to 50% of the rental fee will be applied. If the right of withdrawal is exercised after 15 days prior to the check-in date the full rental fee will be charged and LESSEE will not have the right to reimbursement. Should LESSEE decide to exercise the right of withdrawal LESSOR must be notified by e-mail to xxxx@xxxxxxxxxxxxxxxx.xx and to xxxxxxx@xxxxxxxxxxxxxxxx.xx .

Appears in 3 contracts

Samples: Property Lease Agreement, Property Lease Agreement, Property Lease Agreement

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WITHDRAWAL BY LESSEE. LESSEE may withdraw from the lease, without penalty and without justification, within 30 days prior to the check-in date. In this case, the amount paid by LESSEE as a commitment deposit will be refunded, net of any bank transfer charges. If the right of withdrawal is exercised in the period between 29 and 15 days prior to the check-in date a penalty corresponding to 50% of the rental fee will be applied. If the right of withdrawal is exercised after 15 days prior to the check-in date the full rental fee will be charged and LESSEE will not have the right to reimbursement. Should LESSEE decide to exercise the right of withdrawal LESSOR must be notified by e-mail to xxxx@xxxxxxxxxxxxxxxx.xx and to xxxxxxx@xxxxxxxxxxxxxxxx.xx xxxx@xxxxxxxxxxxxxxxx.xx.

Appears in 2 contracts

Samples: Property Lease Agreement, Property Lease Agreement

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WITHDRAWAL BY LESSEE. LESSEE may withdraw from the lease, without penalty and without justification, within 30 days prior to the check-in date. In this case, the amount paid by LESSEE as a commitment deposit will be refunded, net of any bank transfer charges. If the right of withdrawal is exercised in the period between 29 and 15 days prior to the check-in date a penalty corresponding to 50% of the rental fee will be applied. If the right of withdrawal is exercised after 15 days prior to the check-in date the full rental fee will be charged and LESSEE will not have the right to reimbursement. Should LESSEE decide to exercise the right of withdrawal LESSOR must be notified by e-mail to xxxx@xxxxxxxxxxxxxxxx.xx and to xxxxxxx@xxxxxxxxxxxxxxxx.xx xxxxxxx@xxxxxxxxxxxxxxxx.xx.

Appears in 1 contract

Samples: Property Lease Agreement

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