If You Withdraw Before Approval Clause Samples

The "If You Withdraw Before Approval" clause defines the consequences and procedures if a party chooses to withdraw from an agreement or application process before receiving formal approval. Typically, this clause outlines whether any fees paid are refundable, what notice must be given, and if any penalties or administrative charges apply. Its core function is to clarify the rights and obligations of both parties in the event of an early withdrawal, thereby preventing disputes and ensuring transparency regarding financial and procedural outcomes.
If You Withdraw Before Approval. If you or any co-applicant withdraws an Application or notifies us that you’ve changed your mind about the unit, we’ll be entitled to retain all application deposits as liquidated damage, and the parties then have no further obligation to each other.
If You Withdraw Before Approval. If you or any co-applicant withdraws an Application or notifies us that you've changed your mind about renting the apartment unit, we'll be entitled to retain all application deposits as liquidated damages, and the parties will then have no further obligation to each other.
If You Withdraw Before Approval. If, after seventy two (72) hours, and before signing the Lease Contract, you or any co-applicant withdraws an application or notifies Lessor that you have changed your mind about renting the dwelling unit, Lessor will be entitled to retain all application fees as liquidated damages. The parties will then have no further obligation to each other

Related to If You Withdraw Before Approval

  • Withdrawal Before Bidding 7.1. Registered E-Bidders, who have completed the 10% deposit payment, are entitled to withdraw from the auction at least one (1) working day before the auction date by 5.00 pm. 7.2. The 10% deposit will be refunded back to the E-Bidders within three (3) working days via online banking.

  • Removal Before Your Tax Filing Deadline An excess contribution may be corrected by withdrawing the excess amount, along with the earnings attributable to the excess, before your tax filing deadline, including extensions, for the year for which the excess contribution was made. An excess withdrawn under this method is not taxable to you, but you must include the earnings attributable to the excess in your taxable income in the year in which the contribution was made. The six percent excess contribution penalty tax will be avoided.

  • If You Fail to Sign Lease After Approval Unless we authorize otherwise in writing, you and all co-applicants must execute the Lease after your Application is approved. If you or any co-applicant fails to sign as required, we may keep the application deposit as liquidated damages and terminate all further obligation to each other.

  • Withdrawing your consent If you decide to receive notices and disclosures from GSD electronically, you may at any time change your mind and inform GSD you want to receive required notices and disclosures only in paper format. The procedure concerning how you may inform GSD of your decision to receive future notices and disclosures in paper format as well as withdraw your consent to receive notices and disclosures electronically is stated in Section D, immediately below.