Common use of Access Fees Clause in Contracts

Access Fees. A yearly access fee shall be due from the Keyholder. Invoices will be sent to each Keyholder's office and a notice will appear in the Association/SCWMLS newsletter and on the SCWMLS website. It is the Keyholder's responsibility to obtain such invoice and make timely payment. Access fees must be paid PRIOR to the beginning of each service period. Failure to pay the access fee when due will result in interruption/termination of access. Payments received after the due date will reactivate authorization back to the beginning of the then current service period. There shall be no refunds for partial service periods for those who terminate participation. For new Keyholders beginning during a service period, the fee will be prorated in quarterly increments for the then current service period.