Examples of Securing Fee in a sentence
The Securing Fee will be credited to the fees invoice for the first Term.
In such circumstances the Acceptance Deposit and the Securing Fee (if paid) will be refunded together with any Fees paid pro-rated if the School has provided any educational services under this agreement.
The School reserves the right to offset all or part of the Securing Fee, if paid, against the Term's Fees.
The Acceptance Deposit will then be retained by the School and the Securing Fee (if paid) will be refunded to the Parents.If the Parents give Notice of Cancellation after this date or give no Notice of Cancellation they will incur a liability to pay one Term's Fees at the rate payable for the Term of Entry, less the Acceptance Deposit, payable as a debt.
The Securing Fee will be kept by the School as a reasonable cancellation fee for your Child’s withdrawal, unless and the School, acting reasonably, is able to fill the vacancy created by your Child’s withdrawal on or before the first day of the first full term for which your Child was to have been enrolled in which case you will be refunded the Securing Fee, less the School’s costs in administering, processing and handling your Child’s enrolment (or a reasonable estimate of these costs).
The School reserves the right to offset the Securing Fee (if paid) against the Term's Fees.
The Acceptance Deposit will then be retained by the School and the Securing Fee (if paid) will be refunded to the Parents.
Included in the Group’s trade receivable balance are debtors with a carrying amount of £3.0 million (2011: £3.5 million, 2010: £3.4 million) which are past due at the reporting date and for which the Group has not provided as there has not been a significant change in credit quality and the amounts are still considered recoverable.
An advance fee payment (Securing Fee) as shown on the fees list for the relevant year will be payable by late February of the year of Entry.
For reasons of administration, theright is reserved to require payment by the Parents of a Securing Fee ("Securing Fee"), as shown on the fees list for the relevant year, when the Parents accept the offer of a place in the case of a pupil who will attend the School for one academic year or less and whose normal residence is outside the United Kingdom.