Common use of Cancellation by Speaker Clause in Contracts

Cancellation by Speaker. Speaker understands and agrees that ▇▇▇▇▇▇▇ College is relying upon his/her promise to appear for and provide Services and that it is likely that ▇▇▇▇▇▇▇ College has publicized Speaker’s appearance following the execution of the Agreement. Speaker further acknowledges that should he/she cancel, ▇▇▇▇▇▇▇ College may suffer damages. Speaker and ▇▇▇▇▇▇▇ College agree that it would be impracticable and extremely difficult to ascertain the amount of actual damages caused by material breach of the Agreement. Therefore, ▇▇▇▇▇▇▇ agrees that in the event that Speaker fails to provide Services or commits a breach of the Agreement for any reason other than “Act of God,” Speaker shall pay ▇▇▇▇▇▇▇ College, as damages the amount equal to the agreed upon Speaker fee. For the purposes of this Agreement, an “Act of God” shall mean a sickness or disease of Speaker (subject to verification through appropriate medical documentation), fire, flood, natural disaster, bad weather or mechanical issues which delay and/or cancel flights, war, invasion, act of foreign enemies, civil war, or other terrorist activity.

Cancellation by Speaker. Speaker understands and agrees that ▇▇▇▇▇▇▇ College is relying upon his/her promise to appear for and provide Services Services, and that it is likely that ▇▇▇▇▇▇▇ College has publicized Speaker’s appearance following the execution of the Agreement. Speaker further acknowledges that should he/she cancel, ▇▇▇▇▇▇▇ College may suffer damages. Speaker and ▇▇▇▇▇▇▇ College agree that it would be impracticable and extremely difficult to ascertain the amount of actual damages caused by material breach of the Agreement. Therefore, ▇▇▇▇▇▇▇ Speaker agrees that in the event that Speaker fails to provide Services or commits a breach of the Agreement for any reason other than “Act of God,” Speaker shall pay ▇▇▇▇▇▇▇ College, as damages the amount equal to the agreed upon Speaker fee. For the purposes of this Agreement, an “Act of God” shall mean a sickness or disease of Speaker (subject to verification through appropriate medical documentation), fire, flood, natural disaster, bad weather or mechanical issues which delay and/or cancel flights, war, invasion, act of foreign enemies, civil war, or other terrorist activity.