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CANCELLATION: If by reason of death or permanent disability, the buyer is unable to continue the membership, buyer or buyer's estate shall be relieved from the obligations of this contract, and if buyer has prepaid any sum, the unused amount shall be promptly refunded. payment on this agreement will be suspended upon payment of an appropriate cancellation fee of $50.00 . Member agrees to follow club rules as promulgated Violation of these rules may be the cause for suspension or cancellation of membership.
Memberships that roll over to a month-to-month basis do not require a 30-day written notice to cancel. ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE BUYER/MEMBER COULD ASSERT AGAINST Neighborhood Boxing Club LTD, AS A RESULT OF THIS CONTRACT.
RECOVERY BY THE BUYER/MEMBER SHALL NOT EXCEED THE TOTAL AMOUNT PAID BY THE BUYER/MEMBER TO Neighborhood Boxing Club LTD PURSUANT TO THIS CONTRACT.
YOU THE BUYER MAY CANCEL THIS AGREEMENT AND RECEIVE A FULL REFUND. BY MIDNIGHT OF CLUB'S THIRD BUSINESS DAY AFTER THE DATE OF THIS AGREEMENT, AND SUCH CANCELLATION MUST BE IN WRITING TO Neighborhood Boxing Club LTD.
IN THE EVENT Neighborhood Boxing Club LTD, CLOSES AND CEASES DOING BUSINESS, YOU ARE NO LONGER OBLIGATED TO MAKE PAYMENTS UNDER THIS AGREEMENT.
DEFAULT AND LATE PAYMENT: Should you default on any payment obligation as called for in this agreement, the entire remaining balance shall be! deemed due and payable·upon demand, and you agree to pay allowable interest, and all cost of collection, including, but not limited to, collection agency fees, court costs and attorneys' fees.
Should any monthly payment become more than 10 days past due, you will be charged a late fee to cover additional administrative expenses and other expenses related to obtaining your payment. A fee will be charged for all returned payments.