Cancellation Rights definition

Cancellation Rights. The purchaser, or someone designated in this contract by the purchaser, may cancel this contract by providing notice of the cancellation in writing to the Provider. A partial or full refund of money paid, if any, may be available based on the terms of this contract and the law. Any refund owed will be issued within 30 days. If this contract meets all of the requirements of the Act and is cancelled within 30 days of this contract date and before any services or supplies have been provided, the Provider will refund all amounts paid under this contract in accordance with the Act. If this contract meets all of the requirements of the Act and is cancelled after 30 days of this contract date and before any services or supplies have been provided, the Provider will refund the amount paid under this contract plus any income earned on the amount paid or that should have been earned on the amount paid if it had been deposited as required, but the Provider may retain an additional 10% of the amount paid to a maximum of $350. If this contract meets all of the requirements of the Act and is cancelled after some of the services or supplies have been provided as directed under the terms of this contract, the maximum refund required will be the amount paid under this contract plus any income earned on the amount paid or that should have been earned on the amount paid if it had been deposited as required, and in some circumstances permitted by the Act the Provider may retain the value of the services and supplies that have been delivered. If this contract fails to meet the requirements of ss.40(1) of the Act, the maximum refund required will be the amount paid under this contract plus income earned on the amount paid or that should have been earned on the amount paid if it had been deposited as required. In some circumstances permitted by the Act, the Provider may retain the value of the services or supplies that have been delivered.
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Cancellation Rights if the offer of a place and its acceptance are both made entirely at distance by means of post, fax or electronic communication without either Parent meeting face to face with a member of the Nursery staff during the contractual process the Parents may cancel this agreement at any time within 14 days of the date of the acceptance form. In such circumstances the Acceptance Deposit and the first Two Months’ Fees will be refunded. If the Nursery has provided any educational services under this agreement the refund of the first Two Months’ Fees will be pro-rated in accordance with the services provided. Cancelling acceptance: The Cancellation of the place after acceptance can cause long-term loss to the Nursery if it occurs after other families have taken their decisions about educating their children. A genuine pre-estimate of loss is Fees for between one and three years. Nonetheless, the Nursery agrees to limit the liability of the Parents to: Two Months’ Fees at the rate payable for the Term of Entry less the Acceptance Deposit, payable as a debt immediately unless the place is filled immediately and without loss to the Nursery if less than Two Months’ Written Notice of Cancellation has been given; or the Acceptance Deposit if more than Two Months’ Written Notice has been given. Cases of serious illness or genuine hardship may receive special consideration on written request.
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Cancellation Rights. – means the rights as set out in rule 15 (cancellation) of COBS, as amended from time to time.
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Examples of Cancellation Rights in a sentence

  • Cancellation Rights A notice of an Applicant's right to cancel the agreement to purchase shares will be forwarded, where this is required by rules made under the Act.

  • Cancellation Rights An investor entering into a contract to purchase Shares from the ACD will have a 14-day option to cancel the investment.

  • This is a distance contract (as defined below) which has the cancellation rights (Cancellation Rights) set out below.

  • Also, the Cancellation Rights for a Contract cease to be available in the following circumstances:• in the case of any sales contract, if the goods become mixed inseparably (according to their nature) with other items after delivery.

  • Most policies and investments benefit from Cancellation Rights i.e. you may cancel your policy without suffering financial detriment, within a certain time period.

  • For a more complete description of the methodology, including the survey design, data collection, sampling plan and weighting of the data, please refer to Appendix V of this report.

  • For example We may cancel Your policy in accordance with clause 1.5 Our Cancellation Rights, amend the terms of Your policy or require You to pay more for Your insurance.

  • Item 2 – Withdrawal and Cancellation Rights Immediately following the disclosure in Item 1, state the following using the same or substantially similar wording, with the last two sentences in bold type: This summary tells you some key things about investing in the plan.

  • Application Form you will receive an amount as set out in Clause 2 (Cancellation Rights).

  • Upon notification in writing to the Corporation of the death of a Shareholder, the Corporation undertakes to have the Shares held by such deceased Shareholder purchased for cancellation within 90 days of such notification, subject only to the Corporation being able to do so under applicable laws, and the considerations set out below in “Purchase for Cancellation Rights – General”.


More Definitions of Cancellation Rights

Cancellation Rights. You have no right to cancel this Customer Agreement under the Consumer Credit Xxx 0000 or the Financial Services (Distance Marketing) Regulations 2004.
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Cancellation Rights. A right to cancel a financial product is available in most cases, within 30 days of signing an application in the case of a life, pure protection, or pension policy and within 14 days for other products. If you cancel a contract involving a lump sum contribution, and the value of your investment falls due to market movements during the cancellation period, you may not get back the full amount you invested.
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Cancellation Rights has the meaning set forth in Section 2.06Section 2.06(e).
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Related to Cancellation Rights

  • Cancellation means an end to the Contract affected pursuant to a right which the Contract creates due to a Breach.

  • Cancellation Notice has the meaning given in Clause 8.6;

  • Cancellation Date means the date on which the written notice of cancellation of a health insurance policy is received by the fund or the last date to which premiums were paid.

  • Cancellation Period means the 90-day period, beginning

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Cancellation Compensation means an amount payable by a Participating Dealer in respect of a default, as set out in the Trust Deed and in the Operating Guidelines applicable at the time the relevant Creation Application or Redemption Application is made.

  • Cancellation Policy Day tour cancellations are accepted by phone, mail, or email to xxxxxxx.xxxxxxxxxx@xxxxxxx.xxx. Refunds will be provided within 30 days from the date of cancellation. The following cancellation penalties apply:

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Rights or Options means warrants, options or other rights to purchase or acquire shares of Common Stock or Convertible Securities.

  • Cancellation Charges means collectively (i) the Booking Amount; (ii) all interest liabilities of the Allottee accrued till date of cancellation; and (iii) brokerage paid to real estate agent/channel partner/broker, if any (iv) the stipulated charges on account of dishonour of cheque; (v) administrative charges as per Promoter’s policy and (vi) amount of stamp duty and registration charges to be paid/paid on deed of Cancellation of this Agreement

  • Cancellation Charge has the meaning given to that term in paragraph 5.1 of Part 2; "Core Operational Period" in relation to any part of the Network, means the period of the day when that part is generally open to train movements;

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Cancellation Fee is an Individual Charge to an Attendee for a reservation cancellation or “no show” or for early and unauthorized check-out. The Contractor may not charge any Cancellation Fee to an Attendee scheduled to participate in that part of a Program terminated pursuant to the termination for cause provision set forth in Exhibit A.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.