Right to Rescission Sample Clauses
The Right to Rescission clause grants a party the legal ability to cancel or withdraw from a contract within a specified period after entering into the agreement. Typically, this right applies to certain types of contracts, such as consumer credit agreements or real estate transactions, and may require the party to provide written notice of their intent to rescind within a set timeframe, such as three business days. The core function of this clause is to protect parties from being bound by agreements they may have entered into hastily or under pressure, thereby ensuring fairness and allowing reconsideration before the contract becomes irrevocable.
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Right to Rescission. In the event that more than five percent (5%) of the class members opt-out of the Settlement, Defendant has the right to rescind the Settlement. The Parties agree that if ITS exercises its option to rescind the Settlement, it will be responsible for the Settlement Administrator fees. Otherwise, if the Settlement is not finally approved by the Court, the Parties will be responsible for the Settlement Administrator’s fees on a 50/50 basis.
Right to Rescission. If you are switching to Amigo Energy from a different REP, you may rescind this Agreement without penalty at any time before midnight of the third federal business day after receiving this Agreement. PUCT rules permit Amigo Energy to assume that you will receive this Agreement three (3) federal business days after we mail it to you. You may call us or write to us to rescind this Agreement at (▇▇▇) ▇▇▇-▇▇▇▇ and ▇.▇. ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇. Amigo Energy may cancel your Agreement if you do not pay your bills in full and on time. We may also cancel this Agreement if we are no longer a REP in your areas or for any other lawful reason, including in response to changing market conditions. Amigo Energy will provide you with written notice at least fourteen (14) days prior to cancellation. Customer may cancel this Agreement without penalty in the event Amigo Energy can no longer provide service. Customer may also cancel this Agreement without penalty by giving notice of a move to a different premise and providing reasonable proof of such move, including but not limited to a forwarding address. In the absence of such proof, Amigo Energy will charge an Early Termination Fee as stated in your EFL. Amounts owed by you to Amigo Energy shall become immediately due and payable. FollowingtheswitchtoAmigoEnergyfromyourcurrentprovider,youmayreceiveabillforlessthanonemonth’sservice.Afterthe initial ▇▇▇▇, you will receive a new ▇▇▇▇ from Amigo Energy each month for each ESI ID for which you are receiving service pursuant to this Agreement. Should you switch providers before the end of your billing cycle you will receive a ▇▇▇▇ for a partial month of service for thelastmonth’sservice.Additionally,AmigoEnergywillbillyouonbehalfofyourTDSPfortheservicestheTDSPprovides.Allbills are due and payable 16 days from the date on the ▇▇▇▇ for service to all ESI IDs. If actual charges are not available to Amigo Energy at the time of preparation of your invoice, Amigo Energy reserves the right to ▇▇▇▇ you on good faith estimates of charges for the month. If estimated charges are included on your invoice, they shall be identified as such and shall be reconciled against actual charges once Amigo Energy has received such actual charges.
Right to Rescission. If you are switching to Amigo Energy from a different REP, you may rescind this Agreement without penalty at any time before midnight of the third federal business day after receiving this Agreement. PUCT rules permit Amigo Energy to assume that you will receive this Agreement three (3) federal business days after we mail it to you. You may call us or write to us to rescind this Agreement at ▇▇▇-▇▇▇-▇▇▇▇ or toll-free ▇-▇▇▇-▇▇▇-▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
Right to Rescission. For Account(s) located in the State of Ohio, if your Account(s) is classified by the UDC as a “Small Commercial Customer” (defined as a commercial or industrial customer using less than 700,000 kWh annually and not part of a national account with multiple facilities in one or more states), you will receive a confirmation notice from your UDC indicating your selection of CNE as your
Right to Rescission. If you are switching to Our Energy from a different REP, you may rescind this Agreement without penalty at any time before midnight of the third federal business day after receiving this Agreement. PUCT rules permit Our Energy to assume that you will receive this Agreement within three (3) federal business days after your enrollment via mail or e-mail. You may call us or write to us to rescind this Agreement at 281.552.8390 or toll- free (▇▇▇)▇▇▇-▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇, #▇▇▇. ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. This right to rescind does not extend to service requests for establishing electric service at a new location (also known as a “move in”).
Right to Rescission. If more than 5% of the Class Members request exclusion from the Settlement Class (i.e., opt-out), Defendants shall have the right, in their sole discretion, to rescind and void this Settlement Agreement before final approval by the Court. To rescind, Defendants must provide notice to Class Counsel no later than five (5) calendar days prior to the final approval hearing.
Right to Rescission. If you are switching to OUR ENERGY from your current energy company, you can still cancel this Agreement without charge or penalty within three (3) federal business days of receiving this Agreement. (If you accept this Agreement, then no further action is necessary.) This right of rescission does not apply to customers requesting a move-in. To cancel, contact OUR ENERGY by telephone toll-free: 1-888-5454-OUR, Monday through Friday from 8:00 a.m. to 6:30 p.m. CST, by fax: 281-715.5767 or by e-mail: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or by mailing your request to ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇. #▇▇▇. Houston, TX 77090. Be sure to include your name, address, phone number, ESI ID or account number.
Right to Rescission. If you have switched to Heritage Power, from another retail electric provider (“REP”), you may exercise your right of rescission to cancel your Contract, without penalty or fee, by contacting us at the information provided below within three (3) federal business days of receiving this TOS. The right of rescission does not apply to a move-in. Customer Information. You give us the right to use any information that we may need or find helpful to provide the best possible electric service, which may include but not limited to: address, telephone number, account numbers, historical usage data, payment and credit history, and other information, whether from you, your transmission and distribution utility (“TDU”) or current REP.
Right to Rescission. The Parties acknowledge and agree that the Owner has a right to rescind, without reason, the Owner’s agreement to the Services and may do so within three (3) business days or thirty-six (36) hours from the signing of the Agreement.
Right to Rescission. For Account(s) located in the State of Ohio, if your Account(s) is classified by the UDC as a ''Small Commercial Customer'' (defined as a commercial or industrial customer using less than 700,000 kWh annually and not part of a national account with multiple facilities in one or more states), you will receive a confirmation notice from your UDC indicating your selection of Seller as your Competitive Retail Electric Service Supplier (''CRES Supplier''). Upon receipt of the notice, you may rescind this Agreement without penalty at any time within the 7-day rescission period by following the instructions provided by the UDC. You must write or call the UDC to submit your rescission request by following the instructions on the UDC notice.