Common use of Contract Buyout Clause in Contracts

Contract Buyout. Residents who are not required by University policy to live in a residence hall may terminate their contracts for subsequent term without cause upon payment of a termination fee equal to 50% of their room rate multiplied by the number of terms remaining on their housing agreement and forfeiture of their $100.00 housing deposit.

Contract Buyout. Residents who are not required by University policy to live in a residence hall University Housing may terminate their contracts for subsequent term without cause upon payment of a termination fee equal to 50% of their room rate multiplied by the number of terms remaining on their housing agreement and forfeiture of their $100.00 housing depositHousing Agreement.

Contract Buyout. Residents who are not required by University policy to live in a residence hall may terminate their contracts contract for subsequent term terms without cause upon payment of a termination fee equal to 50% of their room rate multiplied by the number of terms remaining on their housing agreement and forfeiture of their $100.00 housing deposit.

Contract Buyout. Residents who are not required by University policy to live in a residence hall may terminate their contracts for subsequent term without cause upon payment of a termination fee equal to 50% of their room rate multiplied multi- plied by the number of terms remaining on their housing agreement and forfeiture forfei- ture of their $100.00 100 housing deposit.