Common use of Storage Fee Clause in Contracts

Storage Fee. Monthly and annual storage fees as of the date of this Agreement are set forth for the duration of at least one (1) year at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇▇/#▇▇▇▇. Storage fees may be changed by Dadi at any time or from time to time with written notice to Client. The storage fee covers the maintenance and storage of the deposit for a one (1) month period (to the extent that you have selected the monthly payment option, for the duration of twelve (12) months minimum) or a one (1) year period (to the extent that you have selected the annual payment option), and it is to be paid in advance of said maintenance and storage. This fee is non-refundable. This Agreement and the storage fee will automatically renew for successive one (1) month (with a minimum of twelve (12) months) or one (1) year periods, as applicable, until, such time that Client agrees to a longer payment term, or until such time that Client provides written notice of his intent to terminate this Agreement. Written notice to terminate this Agreement must be submitted and notarized on Dadi’s official discard form after a one (1) year period, or the Client agrees to pay the outstanding balance, with it being understood and agreed that electronic notarization of the discard form as reasonably acceptable to Dadi shall be sufficient. Upon automatic renewal, service will be billed at the then current monthly or annual storage fee, as applicable. Client has thirty (30) days from the annual or monthly, as applicable, renewal date to notify Dadi of the desire to discard the deposit(s). After thirty (30) days, the annual or monthly storage fee, as applicable, is accrued and will not be pro-rated.

Appears in 2 contracts

Sources: Sperm Banking Agreement, Sperm Banking Agreement

Storage Fee. Monthly and annual storage fees as of the date of this Agreement are set forth for the duration of at least one (1) year at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇▇/#▇▇▇▇. Storage fees may be changed by Dadi at any time or from time to time with written notice to Client. The storage fee covers the maintenance and storage of the deposit for a one (1) month period (to the extent that you have selected the monthly payment option, for the duration of twelve (12) months minimum) or a one one (1) year period (to the extent that you have selected the annual payment option), and it is to be paid in advance of said maintenance and storage. This fee is non-refundable. This Agreement and the storage fee will automatically renew for successive one (1) month (with a minimum of twelve (12) months) or one (1) year periods, as applicable, until, such time that Client agrees to a longer payment term, or until such time that Client provides written notice of his intent to terminate this Agreement. Written notice to terminate this Agreement must be submitted and notarized on Dadi’s official discard form after a one (1) year period, or the Client agrees to pay the outstanding balance, with it being understood and agreed that electronic notarization of the discard form as reasonably acceptable to Dadi shall be sufficient. Upon automatic renewal, service will be billed at the then current monthly or annual storage fee, as applicable. Client has thirty (30) days from the annual or monthly, as applicable, renewal date to notify Dadi of the desire to discard the deposit(s). After thirty (30) days, the annual or monthly storage fee, as applicable, is accrued and will not be pro-rated.

Appears in 1 contract

Sources: Sperm Banking Agreement