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Non Refundable Contract
"I need a Non-Refundable Contract for my private coaching institute in Mumbai, to be used for student enrollments starting January 2025, which should include terms for advance fee payment and specify conditions where partial refunds might be considered in exceptional circumstances."
1. Parties: Identification and details of all parties to the contract
2. Background: Context of the agreement and relationship between the parties
3. Definitions and Interpretation: Key terms used in the agreement and rules for interpretation
4. Subject Matter: Clear description of the products, services, or rights being provided
5. Payment Terms: Detailed payment obligations including explicit non-refundable provisions
6. Non-Refundable Nature: Specific clause clearly stating the non-refundable nature of payments and circumstances
7. Obligations of the Parties: Detailed responsibilities and commitments of each party
8. Representations and Warranties: Statements of fact and promises made by each party
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Consequences of Termination: Effects of contract termination, especially regarding non-refundable payments
11. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
12. Dispute Resolution: Process for resolving disputes between parties
13. Notices: Method and addresses for official communications
14. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.
1. Force Majeure: Used when parties want to address circumstances beyond their control that might affect performance
2. Confidentiality: Include when sensitive information will be shared between parties
3. Intellectual Property: Required when IP rights are involved in the transaction
4. Insurance: Include when specific insurance requirements need to be maintained
5. Assignment: Include when transfer of rights needs to be specifically addressed
6. Indemnification: Used when specific indemnity obligations need to be detailed
7. Service Level Requirements: Include for service-based contracts with specific performance metrics
8. Change Control: Include when the scope or terms might need future modifications
1. Schedule 1 - Payment Schedule: Detailed breakdown of payment amounts, dates, and non-refundable portions
2. Schedule 2 - Service/Product Specifications: Detailed description of services or products covered by the contract
3. Schedule 3 - Contact Details: Complete contact information for all parties and key personnel
4. Schedule 4 - Special Terms: Any special conditions or variations applicable to specific aspects of the agreement
5. Appendix A - Required Documents: List of documents required from parties for contract execution
6. Appendix B - Compliance Requirements: Specific regulatory or compliance requirements applicable to the contract
Authors
Real Estate
Education
Hospitality
Tourism
Event Management
Professional Services
Construction
Manufacturing
Retail
Healthcare
Technology Services
Entertainment
Transportation
Consulting
Legal
Finance
Sales
Operations
Compliance
Risk Management
Business Development
Customer Service
Project Management
Procurement
Account Management
Property Management
Event Management
Contract Administration
Legal Counsel
Contract Manager
Business Development Manager
Sales Director
Finance Manager
Operations Manager
Compliance Officer
Risk Manager
Project Manager
Account Executive
Customer Service Manager
Property Manager
Event Coordinator
Procurement Manager
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