Common use of Contract Cancellation Provisions Clause in Contracts

Contract Cancellation Provisions. The Naismith Hall Room & Board Agreement Addendum is legally binding and holds the STUDENT to the financial obligations of the entire contract period (Academic Year). The Agreement may be cancelled by STUDENT only at the following times and under the following conditions, provided that the (i) STUDENT gives written notice to Naismith Hall of his/her election to cancel the Agreement, (ii) such notice specifies the basis of the cancellation, and (iii) such notice is received by Naismith Hall on or before the respective dates set forth below. All cancellation notices MUST be in writing and delivered to the “Manager” of Naismith Hall at 0000 Xxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxx 00000 for processing. Verbal notices of cancellation shall not constitute valid notification. (a) Before the beginning of the Academic Year, the following conditions will apply for the cancellation and settlement of the Naismith Hall Room & Board Agreement: (1) A request for cancellation of the Agreement will be approved and full refund will be made provided STUDENT is denied permission to enroll in the University, except for reasons of discipline, or is advised by the University Health Service or his college xxxx’x office not to enroll and this fact is validated to the AGENT’s satisfaction. (2) If a request for cancellation of the Agreement is received on or after March 1st the Agreement will be cancelled based upon a financial settlement whereby the STUDENT pays the AGENT 15% of the total contract charges for the Academic Year, as established by the Agreement. (3) If request is received after May 1st the agreement will be cancelled based upon a financial settlement whereby the student pays the AGENT 25% of the total contract charges for the Academic Year, as established by the Agreement. (4) If request is received after August 1st the agreement will be cancelled based upon a financial settlement whereby the student the pays the AGENT 50% of the total contract charges for the Academic Year, as established by the Agreement. (b) After the beginning of the Academic Year, the following conditions will apply for the settlement and cancellation of this Agreement: (1) If the STUDENT desires to terminate their contract from Naismith Hall for any reason, the Agreement may be cancelled by the STUDENT by so notifying the AGENT in writing and paying the AGENT 100% of the amount due for the Academic Year.

Appears in 1 contract

Samples: Room & Board Agreement

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Contract Cancellation Provisions. The Naismith Bromley Hall Room & Board Agreement Addendum is legally binding and holds the STUDENT to the financial obligations of the entire contract period (Academic Year). The Agreement may be cancelled by STUDENT only at the following times and under the following conditions, provided that the the (i) STUDENT gives written notice to Naismith Xxxxxxx Hall of his/her election to cancel the Agreement, (ii) such notice specifies the basis of the cancellation, and (iii) such notice is received by Naismith Bromley Hall on or before the respective dates set forth below. All cancellation notices MUST be in writing and delivered to the “Manager” of Naismith Bromley Hall at 0000 Xxxxxxxx Xxxxx000 X 0XX Xxxxxx, XxxxxxxxXxxxxxxxx, Xxxxxx XX 00000 for processing. Verbal notices of cancellation shall not constitute valid notification. (a) Before the beginning of the Academic Year, the following conditions will apply for the cancellation and settlement of the Naismith Bromley Hall Room & Board Agreement: (1) A request for cancellation of the Agreement will be approved and full refund will be made provided STUDENT is denied permission to enroll in the Universityenroll, except for reasons of discipline, or is advised by the University Health Service or his college xxxx’x office not to enroll and this fact is validated to the AGENT’s satisfaction. (2) If a request for cancellation of the Agreement is received on or before June 15th, the Agreement will be cancelled and all payments made by STUDENT will be refunded less a $300 cancellation charge. (3) If a request for cancellation of the Agreement is received on or after March 1st June 16th, the Agreement will be cancelled based upon a financial settlement whereby the STUDENT forfeits the Security Deposit and pays the AGENT 1525% of the total contract charges for the Academic Year, as established by the Agreement. (34) If a request is received after May 1st August 15th, the agreement will be cancelled based upon a financial settlement whereby the student pays STUDENT forfeits the AGENT 25% of the total contract charges for the Academic Year, as established by the Agreement. (4) If request is received after August 1st the agreement will be cancelled based upon a financial settlement whereby the student the Security Deposit and pays the AGENT 50% of the total contract charges for the Academic Year, as established by the Agreement. (b) After the beginning of the Academic Year, the following conditions will apply for the settlement and cancellation of this Agreement: (1) If the STUDENT’S college xxxx’x office recommends that the STUDENT withdraw from the University and such fact is validated to the AGENT’s satisfaction and the reason is one other than University disciplinary action, the Agreement will be terminated and the AGENT will charge the STUDENT a weekly prorated amount for the STUDENT’S actual period of occupancy plus an amount equal to 50% of the remaining charges for that semester, and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT, except for the Security Deposit which will be retained by AGENT. (2) If, for academic reasons, the University denies the STUDENT permission to enroll in the University for the spring semester, the Agreement will be canceled and the AGENT will charge the STUDENT for the fall semester’s Room and Board charges, 50% of the charges for the spring semester and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT. The Security Deposit will be retained by AGENT. (3) If the STUDENT marries, withdraws from the University of his own accord, or desires to terminate their contract from Naismith Hall for vacate to any reasonother housing, the Agreement may be cancelled canceled by the STUDENT by so notifying the AGENT in writing at least thirty (30) days in advance and paying the AGENT 100a weekly prorated amount for the STUDENT’s period of occupancy, plus 75% of the remaining amount due for the Academic YearYear charges after the STUDENT moves out. The Security Deposit will be retained by AGENT.

Appears in 1 contract

Samples: Room & Board Agreement

Contract Cancellation Provisions. The Naismith Bromley Hall Room & Board Agreement Addendum is legally binding and holds the STUDENT to the financial obligations of the entire contract period (Academic Year). The Agreement may be cancelled by STUDENT only at the following times and under the following conditions, provided that the the (i) STUDENT gives written notice to Naismith Xxxxxxx Hall of his/her election to cancel the Agreement, (ii) such notice specifies the basis of the cancellation, and (iii) such notice is received by Naismith Bromley Hall on or before the respective dates set forth below. All cancellation notices MUST be in writing and delivered to the “Manager” of Naismith Bromley Hall at 0000 Xxxxxxxx Xxxxx000 X 0XX Xxxxxx, XxxxxxxxXxxxxxxxx, Xxxxxx XX 00000 for processing. Verbal notices of cancellation shall not constitute valid notification. (a) Before the beginning of the Academic Year, the following conditions will apply for the cancellation and settlement of the Naismith Bromley Hall Room & Board Agreement: (1) A request for cancellation of the Agreement will be approved and full refund a refund, minus the $50.00 application fee, will be made provided STUDENT is denied permission to enroll in the Universityenroll, except for reasons of discipline, or is advised by the University Health Service or his college xxxx’x office not to enroll and this fact is validated to the AGENT’s satisfaction. (2) If a request for cancellation of the Agreement is received on or before June 15, 2020, the Agreement will be cancelled and all payments made by STUDENT will be refunded less a $300 cancellation charge. (3) If a request for cancellation of the Agreement is received on or after March 1st June 16, 2020, the Agreement will be cancelled based upon a financial settlement whereby the STUDENT forfeits the Security Deposit and pays the AGENT 1525% of the total contract charges for the Academic Year, as established by the Agreement. (34) If a request is received after May 1st August 15th, 2020, the agreement will be cancelled based upon a financial settlement whereby the student pays STUDENT forfeits the AGENT 25% of the total contract charges for the Academic Year, as established by the Agreement. (4) If request is received after August 1st the agreement will be cancelled based upon a financial settlement whereby the student the Security Deposit and pays the AGENT 50% of the total contract charges for the Academic Year, as established by the Agreement. (b) After the beginning of the Academic Year, the following conditions will apply for the settlement and cancellation of this Agreement: (1) If the STUDENT’S college xxxx’x office recommends that the STUDENT withdraw from the University and such fact is validated to the AGENT’s satisfaction and the reason is one other than University disciplinary action, the Agreement will be terminated and the AGENT will charge the STUDENT a daily prorated amount for the STUDENT’S actual period of occupancy plus an amount equal to 50% of the remaining charges for that semester, and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT, except for the Security Deposit which will be retained by AGENT. (2) If, for academic reasons, the University denies the STUDENT permission to enroll in the University for the spring semester, the Agreement will be canceled and the AGENT will charge the STUDENT for the fall semester’s Room and Board charges, 50% of the charges for the spring semester and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT. The Security Deposit will be retained by AGENT. (3) If the STUDENT marries, withdraws from the University of his own accord, or desires to terminate their contract from Naismith Hall for vacate to any reasonother housing, the Agreement may be cancelled canceled by the STUDENT by so notifying the AGENT in writing at least thirty (30) days in advance and paying the AGENT 100a daily prorated amount for the STUDENT’s period of occupancy, plus 75% of the remaining amount due for the Academic YearYear charges after the STUDENT moves out. The Security Deposit will be retained by AGENT.

Appears in 1 contract

Samples: Room & Board Agreement

Contract Cancellation Provisions. The Naismith Bromley Hall Room & Board Agreement Addendum is legally binding and holds the STUDENT to the financial obligations of the entire contract period (Academic Year). The Agreement may be cancelled by STUDENT only at the following times and under the following conditions, provided that the the (i) STUDENT gives written notice to Naismith Xxxxxxx Hall of his/her election to cancel the Agreement, (ii) such notice specifies the basis of the cancellation, and (iii) such notice is received by Naismith Bromley Hall on or before the respective dates set forth below. All cancellation notices MUST be in writing and delivered to the “Manager” of Naismith Bromley Hall at 0000 Xxxxxxxx Xxxxx000 X 0XX Xxxxxx, XxxxxxxxXxxxxxxxx, Xxxxxx XX 00000 for processing. Verbal notices of cancellation shall not constitute valid notification. (a) Before the beginning of the Academic Year, the following conditions will apply for the cancellation and settlement of the Naismith Bromley Hall Room & Board Agreement: (1) A request for cancellation of the Agreement will be approved and full refund a refund, minus the $50.00 application fee, will be made provided STUDENT is denied permission to enroll in the Universityenroll, except for reasons of discipline, or is advised by the University Health Service or his college xxxx’x office not to enroll and this fact is validated to the AGENT’s satisfaction. (2) If a request for cancellation of the Agreement is received on or before June 15th, the Agreement will be cancelled and all payments made by STUDENT will be refunded less a $300 cancellation charge. (3) If a request for cancellation of the Agreement is received on or after March 1st June 16th, the Agreement will be cancelled based upon a financial settlement whereby the STUDENT forfeits the Security Deposit and pays the AGENT 1525% of the total contract charges for the Academic Year, as established by the Agreement. (34) If a request is received after May 1st August 15th, the agreement will be cancelled based upon a financial settlement whereby the student pays STUDENT forfeits the AGENT 25% of the total contract charges for the Academic Year, as established by the Agreement. (4) If request is received after August 1st the agreement will be cancelled based upon a financial settlement whereby the student the Security Deposit and pays the AGENT 50% of the total contract charges for the Academic Year, as established by the Agreement. (b) After the beginning of the Academic Year, the following conditions will apply for the settlement and cancellation of this Agreement: (1) If the STUDENT’S college xxxx’x office recommends that the STUDENT withdraw from the University and such fact is validated to the AGENT’s satisfaction and the reason is one other than University disciplinary action, the Agreement will be terminated and the AGENT will charge the STUDENT a weekly prorated amount for the STUDENT’S actual period of occupancy plus an amount equal to 50% of the remaining charges for that semester, and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT, except for the Security Deposit which will be retained by AGENT. (2) If, for academic reasons, the University denies the STUDENT permission to enroll in the University for the spring semester, the Agreement will be canceled and the AGENT will charge the STUDENT for the fall semester’s Room and Board charges, 50% of the charges for the spring semester and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT. The Security Deposit will be retained by AGENT. (3) If the STUDENT marries, withdraws from the University of his own accord, or desires to terminate their contract from Naismith Hall for vacate to any reasonother housing, the Agreement may be cancelled canceled by the STUDENT by so notifying the AGENT in writing at least thirty (30) days in advance and paying the AGENT 100a weekly prorated amount for the STUDENT’s period of occupancy, plus 75% of the remaining amount due for the Academic YearYear charges after the STUDENT moves out. The Security Deposit will be retained by AGENT.

Appears in 1 contract

Samples: Room & Board Agreement

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Contract Cancellation Provisions. The Naismith Bromley Hall Room & Board Agreement Addendum is legally binding and holds the STUDENT to the financial obligations of the entire contract period (Academic Year). The Agreement may be cancelled by STUDENT only at the following times and under the following conditions, provided that the the (i) STUDENT gives written notice to Naismith Xxxxxxx Hall of his/her election to cancel the Agreement, (ii) such notice specifies the basis of the cancellation, and (iii) such notice is received by Naismith Bromley Hall on or before the respective dates set forth below. All cancellation notices MUST be in writing and delivered to the “Manager” of Naismith Bromley Hall at 0000 Xxxxxxxx Xxxxx000 X 0XX Xxxxxx, XxxxxxxxXxxxxxxxx, Xxxxxx XX 00000 for processing. Verbal notices of cancellation shall not constitute valid notification. (a) Before the beginning of the Academic Year, the following conditions will apply for the cancellation and settlement of the Naismith Bromley Hall Room & Board Agreement: (1) A request for cancellation of the Agreement will be approved and full refund a refund, minus the $75.00 application fee, will be made provided STUDENT is denied permission to enroll in the Universityenroll, except for reasons of discipline, or is advised by the University Health Service or his college xxxx’x office not to enroll and this fact is validated to the AGENT’s satisfaction. (2) If a request for cancellation of the Agreement is received on or before June 15, 2021, the Agreement will be cancelled, and all payments made by STUDENT will be refunded less a $300 cancellation charge. (3) If a request for cancellation of the Agreement is received on or after March 1st June 16, 2021, the Agreement will be cancelled based upon a financial settlement whereby the STUDENT forfeits the Security Deposit and pays the AGENT 1525% of the total contract charges for the Academic Year, as established by the Agreement. (34) If a request is received after May 1st August 15th, 2021, the agreement will be cancelled based upon a financial settlement whereby the student pays STUDENT forfeits the AGENT 25% of the total contract charges for the Academic Year, as established by the Agreement. (4) If request is received after August 1st the agreement will be cancelled based upon a financial settlement whereby the student the Security Deposit and pays the AGENT 50% of the total contract charges for the Academic Year, as established by the Agreement. (b) After the beginning of the Academic Year, the following conditions will apply for the settlement and cancellation of this Agreement: (1) If the STUDENT’S college xxxx’x office recommends that the STUDENT withdraw from the University and such fact is validated to the AGENT’s satisfaction and the reason is one other than University disciplinary action, the Agreement will be terminated and the AGENT will charge the STUDENT a daily prorated amount for the STUDENT’S actual period of occupancy plus an amount equal to 50% of the remaining charges for that semester, and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT, except for the Security Deposit which will be retained by AGENT. (2) If, for academic reasons, the University denies the STUDENT permission to enroll in the University for the spring semester, the Agreement will be canceled and the AGENT will charge the STUDENT for the fall semester’s Room and Board charges, 50% of the charges for the spring semester and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT. The Security Deposit will be retained by AGENT. (3) If the STUDENT marries, withdraws from the University of his own accord, or desires to terminate their contract from Naismith Hall for vacate to any reasonother housing, the Agreement may be cancelled canceled by the STUDENT by so notifying the AGENT in writing at least thirty (30) days in advance and paying the AGENT 100a daily prorated amount for the STUDENT’s period of occupancy, plus 75% of the remaining amount due for the Academic YearYear charges after the STUDENT moves out. The Security Deposit will be retained by AGENT.

Appears in 1 contract

Samples: Room & Board Agreement

Contract Cancellation Provisions. The Naismith Bromley Hall Room & Board Agreement Addendum is legally binding and holds the STUDENT to the financial obligations of the entire contract period (Academic Year). The Agreement may be cancelled by STUDENT only at the following times and under the following conditions, provided that the the (i) STUDENT gives written notice to Naismith Xxxxxxx Hall of his/her election to cancel the Agreement, (ii) such notice specifies the basis of the cancellation, and (iii) such notice is received by Naismith Bromley Hall on or before the respective dates set forth below. All cancellation notices MUST be in writing and delivered to the “Manager” of Naismith Bromley Hall at 0000 Xxxxxxxx Xxxxx000 X 0XX Xxxxxx, XxxxxxxxXxxxxxxxx, Xxxxxx XX 00000 for processing. Verbal notices of cancellation shall not constitute valid notification. (a) Before the beginning of the Academic Year, the following conditions will apply for the cancellation and settlement of the Naismith Bromley Hall Room & Board Agreement: (1) A request for cancellation of the Agreement will be approved and full refund a refund, minus the $50.00 application fee, will be made provided STUDENT is denied permission to enroll in the Universityenroll, except for reasons of discipline, or is advised by the University Health Service or his college xxxx’x office not to enroll and this fact is validated to the AGENT’s satisfaction. (2) If a request for cancellation of the Agreement is received on or before June 15, 2018, the Agreement will be cancelled and all payments made by STUDENT will be refunded less a $300 cancellation charge. (3) If a request for cancellation of the Agreement is received on or after March 1st June 16, 2018, the Agreement will be cancelled based upon a financial settlement whereby the STUDENT forfeits the Security Deposit and pays the AGENT 1525% of the total contract charges for the Academic Year, as established by the Agreement. (34) If a request is received after May 1st August 15th, the agreement will be cancelled based upon a financial settlement whereby the student pays STUDENT forfeits the AGENT 25% of the total contract charges for the Academic Year, as established by the Agreement. (4) If request is received after August 1st the agreement will be cancelled based upon a financial settlement whereby the student the Security Deposit and pays the AGENT 50% of the total contract charges for the Academic Year, as established by the Agreement. (b) After the beginning of the Academic Year, the following conditions will apply for the settlement and cancellation of this Agreement: (1) If the STUDENT’S college xxxx’x office recommends that the STUDENT withdraw from the University and such fact is validated to the AGENT’s satisfaction and the reason is one other than University disciplinary action, the Agreement will be terminated and the AGENT will charge the STUDENT a weekly prorated amount for the STUDENT’S actual period of occupancy plus an amount equal to 50% of the remaining charges for that semester, and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT, except for the Security Deposit which will be retained by AGENT. (2) If, for academic reasons, the University denies the STUDENT permission to enroll in the University for the spring semester, the Agreement will be canceled and the AGENT will charge the STUDENT for the fall semester’s Room and Board charges, 50% of the charges for the spring semester and all monies received in payment of this Agreement in excess of these charges will be returned to STUDENT. The Security Deposit will be retained by AGENT. (3) If the STUDENT marries, withdraws from the University of his own accord, or desires to terminate their contract from Naismith Hall for vacate to any reasonother housing, the Agreement may be cancelled canceled by the STUDENT by so notifying the AGENT in writing at least thirty (30) days in advance and paying the AGENT 100a weekly prorated amount for the STUDENT’s period of occupancy, plus 75% of the remaining amount due for the Academic YearYear charges after the STUDENT moves out. The Security Deposit will be retained by AGENT.

Appears in 1 contract

Samples: Room & Board Agreement

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