Common use of Academic Year Applications Clause in Contracts

Academic Year Applications. Agreements (Detailed in Table 5) (i) If the Resident’s written cancellation request is received by the Residence Manager on or before June 24 (Deadline 1), whether the Resident has been accepted into Residence or not, the Resident will receive a full refund of the Deposit and any Residence Fees paid to date. (ii) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after June 15 (Deadline 1) but on or before (iii) If the Resident is on the wait list for Residence and the Residence Manager receives a written cancellation request before the Resident is accepted to Residence, then the Resident will be refunded the full Deposit. (iv) If the Resident is on the wait list and a space becomes available after June 24 (Deadline 1), the Resident will be offered a space in Residence and asked to confirm the status of the Resident’s Residence acceptance within 24 hours. After confirmation to the Residence, all regular cancellation policies and payment deadlines apply. (v) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after August 1 (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 30 days of Residence Fees. The Deposit will be refunded less any damages, charges or money owing to the Residence. (vi) If the Residence Manager receives the Resident’s written cancellation request after the first day of the Term (Deadline 3) and on or before November 15 (Deadline 4), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 45 days of Residence Fees. The Deposit will be refunded less any damages, charges or money owing to the Residence. (vii) If the Residence Manager receives the Resident’s written cancellation request after November 15 (Deadline 5), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 60 days of Residence Fees. The cancellation fee will not exceed the Agreement end date (“Move-Out Day”) or as Customized by the Manager sections, detailed in Table 1. The Deposit will be refunded less any damages, charges or money owing to the Residence. (viii) If the Residence Manager receives the Residents written cancellation due to the Resident being exited from Program, then the Resident will be charged for each day they occupy a Residence room plus an administration fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The administration fee will be equivalent to 30 days of Residence fee’s. Verification of exiting must be submitted with the cancelation form. The Deposit will be refunded less any damages charges or money owing to the Residence.

Academic Year Applications. Agreements (Detailed in Table 5) (i) If the Resident’s written cancellation request is received by the Residence Manager on or before June 24 (Deadline 1), whether the Resident has been accepted into Residence or not, the Resident will receive a full refund of the Deposit and any Residence Fees paid to date. (ii) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after June 15 (Deadline 1) but on or beforebefore August 1 (Deadline 2), then the Resident’s Deposit will be forfeited. The Resident will receive a full refund of any Residence Fees paid to date. (iii) If the Resident is on the wait list for Residence and the Residence Manager receives a written cancellation request before the Resident is accepted to Residence, then the Resident will be refunded the full Deposit. (iv) If the Resident is on the wait list and a space becomes available after June 24 (Deadline 1), the Resident will be offered a space in Residence and asked to confirm the status of the Resident’s Residence acceptance within 24 hours. After confirmation to the Residence, all regular cancellation policies and payment deadlines apply. (v) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after August 1 (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 30 days of Residence Fees. The Deposit will be refunded less any damages, charges or money owing to the Residence. (vi) If the Residence Manager receives the Resident’s written cancellation request after the first day of the Term (Deadline 3) and on or before November 15 (Deadline 4), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 45 days of Residence Fees. The Deposit will be refunded less any damages, charges or money owing to the Residence. (vii) If the Residence Manager receives the Resident’s written cancellation request after November 15 (Deadline 5), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 60 days of Residence Fees. The cancellation fee will not exceed the Agreement end date (“Move-Out Day”) or as Customized by the Manager sections, detailed in Table 1. The Deposit will be refunded less any damages, charges or money owing to the Residence. (viii) If the Residence Manager receives the Residents written cancellation due to the Resident being exited from Program, then the Resident will be charged for each day they occupy a Residence room plus an administration fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The administration fee will be equivalent to 30 days of Residence fee’s. Verification of exiting must be submitted with the cancelation form. The Deposit will be refunded less any damages charges or money owing to the Residence.