DBS Managed Offices Overview of Notice Periods

Cancellation Policies

Serviced offices

Termination of Licence

This Licence may be terminated in the following ways:

By the Owners without notice if at any time the Licensee shall have refused or neglected to pay any sum due to the Owners or shall have failed or neglected to observe and perform any of the obligations on the Licensee’s part contained in this Licence

By the Owners by not less than two calendar month’s notice to the Licensee and on the expiration of such notice (without prejudice to accrued rights) all the rights of the Licensee hereunder shall cease

By the Licensee by not less than 3 calendar months’ notice to the Owners which notice will expire at the end of the third month following the month in which notice is received.

Upon such termination all rights granted by this Licence shall automatically cease (without prejudice to any accrued rights) and the Licensee shall forthwith remove all their property and leave the Office in a clean and tidy state and any property of the Licensee left on the Premises on the termination of this Licence may be disposed of by the Owners without notice and by any means whatsoever

Virtual Office

This agreement shall continue thereafter for a minimum of 6 months. After the initial 6 months, the agreement may be terminated by two calendar months’ notice to the Owners, by the Licensee, which will notice will expire at the end of the second month following the month in which notice is given, and one calendar months’ notice by the Owners.This agreement will also terminate should the client default on the agreed payment terms.

On receipt of notice, determined by the Licensee or the Owners, monies due will be taken by Direct Debit with immediate effect. This includes standard charges to the end of the contractual period and all service charges to date. Further service charges will be due as incurred.

Day Office/Coworking

This Licence may be terminated in the following ways:

By the Owners without notice if at any time the Licensee shall have refused or neglected to pay any sum due or have failed or neglected to observe and perform any of the obligations on the Licensee’s part contained in this Licence.

By the Owners by not less than one calendar month written notice to the Licensee.

By the Licensee by not less than one calendar month notice to the Owners which will expire on the last day of the month of such notice.

Dedicated Desk

This Licence shall continue for a minimum of 3 months from commencement. After 3 month this Licence may be terminated in the following ways:

By the Owners without notice if at any time the Licensee shall have refused or neglected to pay any sum due to the Owners or shall have failed or neglected to observe and perform any of the obligations on the Licensee’s part contained in this Licence

By the Owners at any time by not less than one calendar month’s notice to the Licensee and on the expiration of such notice (without prejudice to accrued rights) all the rights of the Licensee hereunder shall cease

By the Licensee by not less than *** calendar month’s notice to the Owners which will expire on the last day of the second month of such notice

Meeting Rooms

Cancellation Policy:

Less than 7 days notice = FULL CHARGE.

More than 1 weeks notice = NO CHARGE.

Cancellations must be sent in writing.