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Withdrawal of application & Terms of Refund

1.1 Withdrawal of application for full Refund:

Members are allowed a period of 07 calendar days from the date of KBHPL’s realization of the down payment to Withdraw their membership application and claim a FULL REFUND. If the application of withdrawal duly signed by the member (In case of joint application both the Principal Member and Co-applicant) is not received by KBHPL within the 07 calendar days from the date of receipt of the Down payment, the members right to claim the Refund shall lapse. For the purpose of making this important communication on time, KBHPL recommends that you use Speed Post / Registered post / Courier Services/Email for communicating with KBHPL.

1.2 Cancellation by a member: A Member can terminate the membership during membership usage period by tendering a request in writing duly signed by both the applicant and the co – applicant. In the event the communication for the withdrawal of application by the applicant is received beyond 07 days from the date of KBHPL’s realization the down payment made by him it shall be treated as a request for cancellation  (as opposed to withdrawal of application detailed under clause 8.1 above) and the rules for cancellation shall apply. As observed in clause 1.5 above, the AF amounting to 60% of the membership fee is non-refundable and only 40% of the EF is payable subject to deductions as stated in clause 8.4 herein below.

In the event of termination of membership by the member, the member shall be entitled to refund of the EF paid after deducting the amounts set out Clause 8.4 below

1.3 Termination by KBHPL:

KBH reserves the right to terminate the membership of TSLS on occurrence of any of the following events.

  • Default in payment of Membership price by the Member.
  • Default in payment of ASC in full or in part for two consecutive years by the member
  • Breach of house rules of KBHPLNP/RCI under exchange scheme or at properties located outside India by the member
  • Breach of contract by the member
  • Any other action by the member and /or his/her/its guest occurrence of any event or situation within the premises of KBHPLNP or RCI under exchange scheme or at properties located outside India which constitutes a criminal offence against the member or those accompanying the member. The refund shall be in accordance with and subject to the clause 8.4 of this agreement.

1.4 Deduction upon Cancellation/Termination Upon termination or cancellation other than withdrawal of application as mentioned in clause 8.2 above. The following deductions shall be made by KBHPL from the amounts paid by the member towards the membership of TSLS.

  1. b) Outstanding ASF together with interest if any.
  2. c) Taxes due.
  3. d) Cost of holidays enjoyed by the member in excess of entitlement.
  4. e) Any other amount/s due to KBHPL The member shall not be entitled to any refund of the ASC. The member shall not be entitled to refund of any goods and service tax that may have been paid by KBHPL in connection with the membership.

1.5 In the event of termination / cancellation aforesaid, the member shall return to KBHPL membership certificate, membership card and other documents issued by KBHPL in order to receive the refund of the EF, if any. KBHPL shall refund the balance amount if any. After deductions set out in clause 8.4 above and after adding any amounts that may be due to the member. Within 90 days from the date of receipt of the request for cancellation.

 

Norms of Cancellation of confirmed Holidays

The Following norms shall apply in the event of cancellation of confirmed holidays. The request for cancellation of confirmed holidays shall be made by the member in writing by post/or through e- mail. The date of receipt of the request for cancellation by KPHPL shall be reckoned as the date for the purpose of determining the applicability on norms.

  • Up to 30 days before the start date of holiday-re- credit of entire number of days of holiday.
  • From 30-15 days before the start date of holiday-50% re-credit of the number of days of holiday and 15 days to a week (7 days) before the start date of holiday – 25% re-credit of the number of days of holidays.
  • Less than a week from the start date of holiday-the entire number of days shall be debited.