Termination by Member. Excluding Day Pass Members, any Member may terminate this Agreement by providing at least thirty (30) days’ prior written notice to us; provided, however, that only the last business day of a calendar month may be set as the termination date and the Member will not be entitled to any proration with respect to any Fees. For example, if the Member delivers a termination notice on August 15, the termination will not be effective until the last business day of September, and Member will owe Fees due for the entire month of September. Early termination by Multi-Month Member will require an early termination fee equal to 2 months membership fee.
Appears in 1 contract
Sources: Membership Agreement
Termination by Member. Excluding Day Pass Members and Multi-Month Members, any Member may terminate this Agreement by providing at least thirty (30) days’ prior written notice to us; provided, however, that only the last business day of a calendar month may be set as the termination date and the Member will not be entitled to any proration with respect to any Fees. For example, if the Member delivers a termination notice on August 15, the termination will not be effective until the last business day of September, and Member will owe Fees due for the entire month of September. Early termination by Multi-Month Member will require an early termination fee equal to 2 months membership fee.
Appears in 1 contract
Sources: Membership Agreement
Termination by Member. Excluding Day Pass Members, any Member may terminate this Agreement by providing at least thirty (30) days’ prior written notice to us; provided, however, that only the last business day of a calendar month may be set as the termination date and the Member will not be entitled to any proration with respect to any Fees. For example, if the Member delivers a termination notice on August 15, the termination will not be effective until the last business day of September, and Member will owe Fees due for the entire month of September. Early termination by Multi-Month Member will require an early termination fee equal to 2 months membership fee.
Appears in 1 contract