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Cancellation Fee Waiver Template for Denmark

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Key Requirements PROMPT example:

Cancellation Fee Waiver

I need a Cancellation Fee Waiver under Danish law for my software subscription service, waiving a €500 early termination fee for a corporate customer who is downsizing their business, to be effective from March 1, 2025.

What is a Cancellation Fee Waiver?

The Cancellation Fee Waiver is a critical document used in Danish business operations when a company decides to forgo their right to collect cancellation fees from a customer. This document is particularly relevant in situations where maintaining customer goodwill is prioritized, or where exceptional circumstances justify the waiver of standard cancellation charges. The document must comply with Danish contract law and consumer protection regulations, making it essential for businesses operating in Denmark to use a properly structured waiver that clearly outlines the terms and conditions of the fee cancellation. It typically includes details about the original agreement, the specific fees being waived, and any conditions attached to the waiver. This document helps businesses maintain clear records for accounting and legal purposes while providing customers with formal confirmation of their released obligations.

What sections should be included in a Cancellation Fee Waiver?

1. Parties: Identification of the party granting the waiver (typically a business) and the party receiving the waiver (typically a customer)

2. Background: Context of the original agreement, the circumstances leading to the cancellation, and the rationale for the fee waiver

3. Definitions: Key terms used in the document, including 'Cancellation Fee', 'Original Agreement', and 'Waiver Date'

4. Scope of Waiver: Specific details of the cancellation fee being waived, including the amount and the original obligation source

5. Terms of Waiver: Conditions under which the waiver is granted and becomes effective

6. Release: Mutual release of obligations related to the cancelled fee

7. Governing Law: Confirmation that Danish law governs the waiver agreement

What sections are optional to include in a Cancellation Fee Waiver?

1. Partial Waiver Terms: Include when only a portion of the cancellation fee is being waived

2. Conditions Precedent: Include when the waiver is subject to certain conditions being met by either party

3. Confidentiality: Include when parties wish to keep the terms of the waiver confidential

4. Related Agreements: Include when the waiver affects other existing agreements between the parties

5. Future Business Relations: Include when parties wish to address the impact on ongoing or future business relationships

What schedules should be included in a Cancellation Fee Waiver?

1. Original Agreement Extract: Relevant excerpts from the original agreement showing the cancellation fee provision

2. Calculation of Waived Amount: Detailed breakdown of the fee amount being waived, if complex calculations are involved

3. Supporting Documentation: Any relevant correspondence or documentation supporting the rationale for the waiver

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















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Relevant Industries

Telecommunications

Subscription Services

Financial Services

Travel and Hospitality

Fitness and Wellness

Software and Technology

Education and Training

Professional Services

Entertainment and Media

Retail

Relevant Teams

Legal

Customer Service

Finance

Compliance

Operations

Account Management

Risk Management

Business Development

Commercial

Administrative

Relevant Roles

Customer Service Manager

Legal Counsel

Compliance Officer

Account Manager

Financial Controller

Customer Experience Director

Operations Manager

Contract Administrator

Business Development Manager

Risk Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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