Common use of Cancellation by the Licensee Clause in Contracts

Cancellation by the Licensee. The Licensee is aware that cancellation requests must be approved by the University before the agreement is terminated. 1. Cancellations prior to the start of the Agreement with at least 30-day written notice 2. Cancellations prior to the start of the Agreement without 30-day written notice 1. End of student status 2. Marriage 3. Military service 4. Extreme hardship (compelling and unanticipated medical or financial problems beyond Licensee’s control arising after the date of execution of their License Agreement. When financial difficulty is asserted as the basis for extreme hardship, students must show that they have exhausted all possible options, including taking out loans.) A $50 cancellation fee and a prorated daily rate starting from the date the Licensee requests the cancellation through the end of the required 30-day notice period may be collected. 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 student replacement for the Licensee with no impact to overall housing facility occupancy, the Licensee will receive a refund, less the $40 application fee. 3. Cancellations without a notice prior to the Agreement (no show without written cancellation) 4. Cancellations after the start of the Agreement period 1. End of student status or withdrawal from the University 2. Marriage

Cancellation by the Licensee. The Licensee is aware that cancellation requests must be approved by the University before the agreement is terminated. 1. Cancellations prior to the start of the Agreement with at least 30-day written notice 2. Cancellations prior to the start of the Agreement without 30-day written notice 1. End of student status 2. Marriage 3. Military service 4. Extreme hardship (compelling and unanticipated medical or financial problems beyond Licensee’s control arising after the date of execution of their License Agreement. When the financial difficulty is asserted as the basis for extreme hardship, students must show that they have exhausted all possible options, including taking out loans.) A $50 cancellation fee and a prorated daily rate starting from the date the Licensee requests the cancellation through the end of the required 30-day notice period may be collected. 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 student replacement for the Licensee with no impact to overall housing facility occupancy, the Licensee will receive a refund, less the $40 application fee. 3. Cancellations without a notice prior to the Agreement (no show without written cancellation) 4. Cancellations after the start of the Agreement period 1. End of student status or withdrawal from the University 2. Marriage