The Fee Waiver agreement is essential in Austrian business and administrative contexts where one party wishes to formally relinquish their right to collect certain fees from another party. This document type is commonly used in various situations, such as educational institutions waiving enrollment fees, service providers waiving administrative charges, or organizations providing fee relief during hardship circumstances. The agreement must comply with Austrian civil law (ABGB) and fee regulations (Gebührengesetz), making it particularly important to structure the Fee Waiver correctly to ensure its enforceability. It's typically used when there's a legitimate business or policy reason to waive fees, and the parties need to document this arrangement formally to ensure legal certainty and compliance with Austrian regulatory requirements.
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1. Parties: Identification and details of the party granting the waiver and the beneficiary of the waiver
2. Background: Context of the fee waiver, including the original obligation and reason for waiver
3. Definitions: Key terms used in the agreement, including specific fees being waived
4. Scope of Waiver: Detailed description of the fees being waived and extent of the waiver
5. Duration: Period for which the waiver is valid, including start and end dates if applicable
6. Representations and Warranties: Statements confirming the authority to grant the waiver and other legal requirements
7. Governing Law: Confirmation that Austrian law governs the agreement
8. Execution: Signature blocks and formal execution requirements under Austrian law
1. Conditions Precedent: Include when the waiver is subject to certain conditions being met
2. Reinstatement of Fees: Include when there are circumstances under which waived fees may be reinstated
3. Regulatory Compliance: Include when the waiver relates to regulated industries or activities
4. Tax Implications: Include when the fee waiver has specific tax consequences that need to be addressed
5. Dispute Resolution: Include when parties want to specify particular dispute resolution mechanisms
6. Confidentiality: Include when the terms of the waiver should remain confidential
1. Schedule A - Fee Schedule: Detailed list of specific fees being waived
2. Schedule B - Supporting Documentation: Copies of relevant underlying agreements or fee notices
3. Appendix 1 - Authorization Documents: Corporate or other authorizations required to grant the waiver
4. Appendix 2 - Calculation Method: If applicable, methodology for calculating waived fees
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Education
Healthcare
Legal Services
Professional Services
Public Administration
Non-Profit
Real Estate
Banking
Insurance
Consulting
Relevant Teams
Legal
Finance
Compliance
Administration
Operations
Risk Management
Commercial
Business Development
Accounts Receivable
Corporate Governance
Relevant Roles
Chief Financial Officer
Finance Director
Legal Counsel
Compliance Officer
Business Development Manager
Account Manager
Administrative Director
Contract Manager
Risk Manager
Operations Director
Financial Controller
General Counsel
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