Cancellation Prior to Monthly Usage Charge Commencement Date by You

 

You cannot terminate this Agreement prior to the Monthly Usage Charge Commencement Date. In the event, you default w.r.t. moving in to the Work Space after signing of the Membership Agreement, You shall be liable to pay Monthly Usage Charges for the lock-in period.

 

Termination by You

 

 You may terminate this Agreement by delivering to us written notice of the period agreed under the Membership Agreement and the termination will be effective on the later of the last Regular Business Day of the Termination Effective Month and the expiration of the Lock-in Period.

 

No termination by you shall be effective during the Lock-in Period, and termination by you during the Lock-in Period is a breach of this Agreement. If you terminate this Agreement prior to the end of the Lock-in Period, your Monthly Membership Fee obligations for the remaining Lock-in Period shall become immediately due. In addition to any rights, claims and remedies we choose to pursue in our discretion, your Interest Free Refundable Security Deposit shall be forfeited immediately as a result of your breach.

 

Termination or Suspension by Us

 

 We may withhold Services or immediately terminate this Agreement:

1. upon breach of this Agreement by you or any Member;

2. upon termination, expiration or material loss of our rights in the Premises;

3. if any outstanding fees are still due after we provide notice to you;

4. if you or any of your Members fail to comply with the terms and conditions of your Membership and House Rules, or any other policies or instructions provided by us or applicable to you; or

5. at any other time, when we, in our sole discretion, see fit to do so. You will remain liable for past due amounts, and we may exercise our rights to collect due payment, despite termination or expiration of this Agreement.

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FOR MORE INFORMATION ON TERMINATION AND CUASE FOR TERMINATION PLEASE READ OUR 'TERMS & CONDITIONS' AND 'COMMUNITY POLICY' CLICK HERE