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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.
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
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
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
Telecommunications
Subscription Services
Financial Services
Travel and Hospitality
Fitness and Wellness
Software and Technology
Education and Training
Professional Services
Entertainment and Media
Retail
Legal
Customer Service
Finance
Compliance
Operations
Account Management
Risk Management
Business Development
Commercial
Administrative
Customer Service Manager
Legal Counsel
Compliance Officer
Account Manager
Financial Controller
Customer Experience Director
Operations Manager
Contract Administrator
Business Development Manager
Risk Manager
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