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Non Refundable Fee Agreement
"I need a Non-Refundable Fee Agreement for my yoga studio in Mumbai, where clients must pay a 3-month advance fee for unlimited classes, with specific provisions for medical emergencies and a clear GST breakdown."
1. Parties: Identifies and defines the parties to the agreement, including their legal status and contact details
2. Background: Sets out the context and purpose of the agreement, including the nature of services or goods for which the non-refundable fee is being charged
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Fee Structure: Details the non-refundable fee amount, what it covers, and explicit confirmation of its non-refundable nature
5. Payment Terms: Specifies when and how the fee must be paid, including payment methods and deadlines
6. Services or Deliverables: Clearly outlines what services or deliverables are covered by the non-refundable fee
7. Non-Refundable Nature: Explicit terms regarding the non-refundable nature of the fee and specific circumstances where this applies
8. Representations and Warranties: Statements of fact and promises made by both parties regarding their capacity and authority
9. Term and Termination: Duration of the agreement and circumstances under which it may be terminated
10. Governing Law and Jurisdiction: Specifies Indian law as governing law and defines jurisdiction for dispute resolution
1. Force Majeure: Optional clause for circumstances beyond parties' control - include if services might be affected by external events
2. Confidentiality: Include if sensitive information will be exchanged during the service provision
3. Intellectual Property Rights: Include if the services involve creation or use of intellectual property
4. Limited Circumstances for Refund: Optional section defining very specific circumstances where a partial refund might be considered
5. Service Level Agreement: Include if specific performance standards need to be maintained
6. Assignment and Delegation: Include if either party might need to transfer rights or obligations
7. Insurance: Include if specific insurance requirements are necessary for the services
1. Schedule A - Fee Breakdown: Detailed breakdown of the non-refundable fee components and calculations
2. Schedule B - Service Specifications: Detailed description of services or deliverables covered by the fee
3. Schedule C - Payment Schedule: If the fee is to be paid in installments, detailed payment timeline and amounts
4. Schedule D - Required Documents: List of documents required from either party for service completion
5. Appendix 1 - Service Terms and Conditions: Detailed terms and conditions specific to the services provided
6. Appendix 2 - Cancellation Policy: Detailed explanation of cancellation procedures and their implications
Authors
Education and Training
Events and Entertainment
Professional Services
Real Estate
Healthcare
Hospitality
Tourism
Consulting
Wedding Planning
Property Development
Financial Services
Legal Services
Legal
Finance
Operations
Sales
Business Development
Compliance
Administrative
Customer Service
Risk Management
Project Management
Contract Administration
Legal Counsel
Contract Manager
Business Development Manager
Sales Manager
Operations Manager
Finance Manager
Company Secretary
Compliance Officer
Project Manager
Event Coordinator
Booking Manager
Customer Service Manager
Administrative Officer
Chief Financial Officer
Risk Manager
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