Common use of Termination or Withdrawal Clause in Contracts

Termination or Withdrawal. 15.1 These Membership Terms and Conditions shall continue in effect until such time as the Member’s membership is terminated by the Member (voluntarily) or by the Forum (for non-payment or cause), or where there is a decision by the SG to remove a Member. In the event of any termination of the Member’s membership any fees that are due and owning shall remain payable, and no refund shall be made of any dues paid. 15.2 As the Forum was established with the support of the University to support its charitable aims as an institution of higher education and research, the Member acknowledges that the Forum Secretariat relies on the Annual Membership Fees to support these endeavours and the Forum budget is based on these fees. For the Forum to maintain its sustainability and rely on its budget forecast(s) the Member agrees to provide the Forum written (email to Secretariat is sufficient), advance notice of its intention to voluntarily terminate their agreement to the Membership Terms and Conditions or withdraw as a Member with three (3) months written notice.

Appears in 2 contracts

Sources: Membership Agreement, Membership Terms and Conditions

Termination or Withdrawal. 15.1 These Membership Terms and Conditions shall continue in effect until such time as the Member’s membership is terminated by the Member (voluntarily) or by the Forum (for non-payment or cause), or where there is a decision by the SG to remove a Member. In the event of any termination of the Member’s membership any fees that are due and owning owing shall remain payable, and no refund shall be made of any dues paid. 15.2 As the Forum was established with the support of the University to support its charitable aims as an institution of higher education and research, the Member acknowledges that the Forum Secretariat relies on the Annual Membership Fees to support these endeavours and the Forum budget is based on these fees. For the Forum to maintain its sustainability and rely on its budget forecast(s) the Member agrees to provide the Forum written (email to Secretariat is sufficient), advance notice of its intention to voluntarily terminate their agreement to the Membership Terms and Conditions or withdraw as a Member with three (3) months written notice.

Appears in 1 contract

Sources: Membership Agreement