Common use of $25 Late Fees Clause in Contracts

$25 Late Fees. Licensee agrees to pay a Late Fee of $25 if any payment is not received by the scheduled payment due date. Late charges will be assessed for each month the student account remains delinquent, which may include Late Fees or charges from a previous month. i. Returned eChecks or insufficient Financial Aid for payment may result in a Late Fee being assessed. ii. Cancellation requests made before or after a payment are due (but not timely paid by Licensee) are also subject to Late Fees, even if the cancellation is later approved. Cancellation request reviews may take 4-6 weeks to process.

Appears in 4 contracts

Samples: Housing and Dining License Agreement, Housing and Dining License Agreement, Housing and Dining License Agreement

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$25 Late Fees. Licensee agrees to pay a Late Fee of $25 if any payment is not received by the scheduled payment due date. Late charges will be assessed for each month the student account remains delinquent, which may include Late Fees or charges from a previous month. i. i) Returned eChecks or insufficient Financial Aid for payment may result in a Late Fee being assessed. ii. ) Cancellation requests made before or after a payment are due (but not timely paid by Licensee) are also subject to Late Fees, even if the cancellation is later approved. Cancellation request reviews may take 4-6 weeks to process.

Appears in 1 contract

Samples: Housing License Agreement

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