Non-Refundable definition

Non-Refundable means the amount of Payments or Deposits for which you did not receive or were denied a Refund as defined in this policy.

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Non-Refundable means, with respect to an amount of any Additional Source of Funding, the Supplier is not required to repay such amount or to make any other payments to the Government of Canada or the applicable Governmental Authority on account of such amount, including where the period of time has elapsed within which the Supplier can be required to repay such amount or to make any other payments to the Government of Canada or the applicable Governmental Authority on account of such amount. For clarity, any obligation of the Supplier, arising as a result of an Additional Source of Funding, to make payments to the Government of Canada or another Governmental Authority in respect of profit or net income earned by the Supplier shall be considered a repayment required to be made to the Government of Canada or the applicable Governmental Authority for purposes of this definition.

Non-Refundable has the meaning set out in Section 5.1(e).

Examples of Non-Refundable in a sentence

• In the event that ▇▇▇▇▇ fails to timely deposit the Non-Refundable Vacant Unit Deposit with the Escrow Agent, Seller may terminate this Agreement whereupon this Agreement shall be of no force and effect, and neither party shall have any further rights or liabilities hereunder except as provided in Sections 2.2, 10.2 and 10.10 of this Agreement.

• The Non-Refundable Vacant Unit Deposit has been bargained for and agreed to as consideration for Seller’s execution and delivery of this Agreement.

• Users should consider the following cons: For Tenants/Buyers: Non-Refundable Deposit – In order to achieve this type of transaction, the lessee will customarily be obliged to offer a monetary sum for the option to purchase the home.

• The Booking Deposit is Non-Refundable and shall be deducted from all Hire Charges.

• Such request shall also constitute a request for the release of the ▇▇▇▇▇▇▇ Money, the Non-Refundable Vacant Unit Deposit and any Extension Payment in accordance with the terms of this Agreement.

• The Purchase Price shall be increased by the amount of the Non-Refundable Vacant Unit Deposit and the Non-Refundable Vacant Unit Deposit shall be non-refundable to Buyer in all events but applicable to the Purchase Price as increased by the amount of the Non-Refundable Vacant Unit Deposit at Closing.

• Renter shall pay a Non-Refundable Booking Fee Due at the time of Booking.

• The Escrow Agent shall invest the ▇▇▇▇▇▇▇ Money, the Non- Refundable Vacant Unit Deposit and any Extension Payment in government insured interest-bearing accounts satisfactory to Buyer and Seller, shall not commingle the ▇▇▇▇▇▇▇ Money, the Non-Refundable Vacant Unit Deposit or any Extension Payment with any funds of the Escrow Agent or others, and shall promptly provide Buyer and Seller with confirmation of the investments made.

• Buyer will deposit the Non-Refundable Vacant Unit Deposit in the amount set forth in Section 1.1(f), in immediately available federal funds, with Escrow Agent within five (5) business days after the Effective Date.

• Notwithstanding anything to the contrary herein, the Non-Refundable Vacant Unit Deposit shall be released to Seller upon the termination of this Agreement for any reason.

More Definitions of Non-Refundable

Non-Refundable. Lack of anticipated engagement or participant numbers will not warrant refunds or permit withdrawal from the campaign.

Non-Refundable as used in this Agreement means that Buyer shall not be entitled to the return of the ▇▇▇▇▇▇▇ Money if Buyer elects (or is deemed to have elected) to proceed with the transaction contemplated by this Agreement, but prior to the Closing, defaults hereunder; provided, however, that any such non-refundability shall be subject to Seller’s performance of its obligations under this Agreement, the satisfaction of the contingencies and conditions set forth in this Agreement, and any other terms of this Agreement which specifically provide for the return of the ▇▇▇▇▇▇▇ Money to Buyer.

Non-Refundable when used in connection with a payment and/or deposit made or to be

Non-Refundable means the amount of money paid by or on behalf of the insured person for a covered trip which will be forfeited under the terms of the agreement made with the common carrier for unused travel arrangements and for which a travel agent or travel supplier will not provide any other form of compensation.