Common use of Cancellation After Start of the Agreement period Clause in Contracts

Cancellation After Start of the Agreement period. Any Licensee who requests to cancel this Agreement after the start date of the Agreement period must provide written notice and reason thereof. The Licensee may request the cancellation of this Agreement by submitting in writing a “Request to Cancel” form. Any such request must include a detailed statement of compelling reasons for cancellation along with appropriate supporting documentation. After receiving such a request for cancellation and supporting documentation, the University may grant a cancellation of the Agreement provided that the Licensee can convincingly establish any of the following standards: a. End of student status or withdrawal from the University b. Marriage (copy of marriage certificate required) c. Military service (copy of military orders required) d. Extreme and unexpected hardship (compelling and unanticipated significant medical or financial problems beyond the Licensee’s control arising after the date of execution of their Agreement. When financial difficulty is asserted as the basis for extreme hardship, the Licensee must show that they have exhausted all possible options, including all financial aid awards offered and available) All other reasons to cancel this Agreement under this subsection shall be granted or denied at the sole discretion of the University. If the University is able to find a suitable and eligible Licensee replacement for the Licensee with no impact to overall housing facility occupancy, the Licensee may be approved for cancellation subject to the terms contained in section III.C.5 below.

Cancellation After Start of the Agreement period. Any Licensee who requests to cancel this Agreement after the start date of the Agreement period must provide written notice and a reason thereof. The Licensee may request the cancellation of this Agreement by submitting in writing a “Request to Cancel” form. Any such request must include a detailed statement of compelling reasons for cancellation along with appropriate supporting documentation. After receiving such a request for cancellation and supporting documentation, the University may grant a cancellation of the Agreement provided that the Licensee can convincingly establish any of the following standards: a. End of student status or withdrawal from the University b. Marriage (copy of marriage certificate required) c. Military service (copy of military orders required) d. Extreme and unexpected hardship (compelling and unanticipated significant medical or financial problems beyond the Licensee’s control arising after the date of execution of their Agreement. When financial difficulty is asserted as the basis for extreme hardship, the Licensee must show that they have exhausted all possible options, including all financial aid awards offered and available) All other reasons to cancel this Agreement under this subsection shall be granted or denied at the sole discretion of the University. If the University is able to find a suitable and eligible Licensee replacement for the Licensee with no impact to overall housing facility occupancy, the Licensee may be approved for cancellation subject to the terms contained in section III.C.5 below.