Fee Waiver Template for Austria

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Key Requirements PROMPT example:

Fee Waiver

"I need a Fee Waiver agreement under Austrian law for my consulting firm to waive all service fees for a non-profit organization client for the first quarter of 2025, with the possibility of extension based on project outcomes."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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