Common use of Full Cancellation Clause in Contracts

Full Cancellation. 7.3.1. Should you cancel your Event for any reason, including changing your meeting/function site to another venue, then at the same time that you deliver your notice of cancellation to us, you also agree to pay us the applicable full cancellation damages, inclusive of applicable GST. The full cancellation damages represent a percentage of the Total Anticipated Revenue for your Event, and the applicable payment is determined by based on the date that we receive your notice of cancellation. The schedule of full cancellation damages applicable for your Event is set forth in the Event Agreement. 7.3.2. All notices of cancellation must be in writing and will take effect from the date of our receipt of both your notice and the applicable cancellation damages. We may, in our sole discretion, consider your notice of cancellation to be invalid and thus may not release accommodations held until payment of the applicable cancellation damages is received; therefore delay in payment may result in higher cancellation damages being owed. 7.3.3. Should you wish to confirm the accurate calculation of the applicable cancellation damages payment, you may contact us and request that we prepare a statement detailing the applicable cancellation damages payment, inclusive of applicable GST. We will subtract advance payments and deposits previously paid by you to us. 7.3.4. In addition to the full cancellation damages due under this clause, you must reimburse us for any expenditure incurred by us in respect of any cancelled booking, including (but not limited to) any costs, charges or penalties as a result of having to make consequential cancellation of our own arrangements with third parties in relation to your cancelled Event.

Appears in 1 contract

Sources: Conference Agreement

Full Cancellation. 7.3.110.3.1. Should you cancel your Event for any reason, including changing your meeting/function site to another venuehotel, then at the same time that you deliver your notice of cancellation to us, you also agree to pay us the applicable full cancellation damages, inclusive of plus applicable GSTnational and local taxes. The full cancellation damages represent a percentage of the Total Anticipated Revenue for your Event, and the applicable payment is determined by based on the date that we receive your notice of cancellation. The schedule of full cancellation damages applicable for your Event is set forth in the Event Agreement. 7.3.210.3.2. All notices of cancellation must be in writing and will take effect from the date of our receipt of both your notice and the applicable cancellation damages. We may, in our sole discretion, consider your notice of cancellation to be invalid and thus may not release accommodations held until payment of the applicable cancellation damages is received; therefore delay in payment may result in higher cancellation damages being owed.cancellation 7.3.310.3.3. Should you wish to confirm the accurate calculation of the applicable cancellation damages payment, you may contact us and request that we prepare a statement detailing the applicable cancellation damages payment, inclusive of plus applicable GSTnational and local taxes. We will subtract any advance payments and deposits previously paid by you to us. 7.3.410.3.4. In addition to the full cancellation damages due under this clause, you must reimburse us for any expenditure incurred by us in respect of any cancelled booking, including (but not limited to) any costs, charges or penalties as a result of having to make consequential cancellation of our own arrangements with third parties in relation to your cancelled Event.

Appears in 1 contract

Sources: Conference and Event Agreement

Full Cancellation. 7.3.15.3.1. Should you cancel your Event for any reason, including changing your meeting/function site to another venuehotel, then at the same time that you deliver your notice of cancellation to us, you also agree to pay us the applicable full cancellation damages, inclusive of applicable GST. The full cancellation damages represent a percentage of the Total Anticipated Revenue for your Event, and the applicable payment is determined by based on the date that we receive your notice of cancellation. The schedule of full cancellation damages applicable for your Event is set forth in the Event Agreement. 7.3.25.3.2. All notices of cancellation must be in writing and will take effect from the date of our receipt of both your notice and the applicable cancellation damages. We may, in our sole discretion, consider your notice of cancellation to be invalid and thus may not release accommodations held until payment of the applicable cancellation damages is received; therefore delay in payment may result in higher cancellation damages being owed. 7.3.35.3.3. Should you wish to confirm the accurate calculation of the applicable cancellation damages payment, you may contact us and request that we prepare a statement detailing the applicable cancellation damages payment, inclusive of applicable GST. We will subtract any advance payments and deposits previously paid by you to us. 7.3.45.3.4. In addition to the full cancellation damages due under this clause, you must reimburse us for any expenditure incurred by us in respect of any cancelled booking, including (but not limited to) any costs, charges or penalties as a result of having to make consequential cancellation of our own arrangements with third parties in relation to your cancelled Event.

Appears in 1 contract

Sources: Conference and Event Agreement