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DISCLAIMER and PAYMENT SCHEDULE
Agreement by and between Four Winds Tours & Travel, hereinafter called FWTT; and [Name of School], hereinafter called the CLIENT.
PAYMENT SCHEDULE
In addition, any monies that are required to be released for specific reservations of transportation or events such as theatre tickets, baseball games, concerts, etc., will be due upon finalization of the event with the Vendors.]
[$X is due on XX/XX/XX]
[$X is due on XX/XX/XX]
[$X is due on XX/XX/XX]
[Final Balance is due on XX/XX/XX]
In the event of a cancellation at any other time, FWTT is entitled to retain 100% of the sums which were spent by FWTT on behalf of the CLIENT together with any other non-refundable contractual obligations incurred by FWTT on behalf of CLIENT plus a ten
(10%) per cent handling fee. For the avoidance of doubt, FWTT is entitled to 10% of the total group invoice amount as a handling fee for arranging the trip and providing its services.
Please note that the payment schedules of our individual vendors vary and some require immediate and full payment with strict cancellation policies and refund restrictions. If your trip must be cancelled for unforeseen circumstances, FWTT will work with you to recover as much money as possible, but will remain subject to constraints posed by the vendors.
The undersigned do hereby agree to the terms and conditions set forth above.
____________________________________ _________________________
Four Winds Tours & Travel Representative Date
____________________________________ _________________________
Signature for Organization (Client) Date
Please note any payments received as per the invoice and payment schedule will serve as binding agreement to terms set herewith.