Common use of Damages and Security Deposit Clause in Contracts

Damages and Security Deposit. Prior to the first term that a student is going to live in campus housing, a $200 security deposit will be charged to the student’s xxxx. The student is responsible for all damage to his/her room and its furnishings and understands that the cost of repairs and replacements will be charged to all residents of the room. Residents are expected to take every precaution to assure that communal property is not abused. IN HALLS OR SECTIONS WHERE THE UNIVERSITY HAS DETERMINED THAT THERE IS THEFT OR UNDUE ABUSE OF UNIVERSITY PROPERTY AND THE RESPONSIBLE INDIVIDUAL(S) CANNOT BE IDENTIFIED, ALL RESIDENTS WILL BE HELD RESPONSIBLE FOR PAYING A PRORATED SHARE OF THE COST OF REPAIRING SUCH DAMAGES. The security deposit will remain in University accounts throughout a student’s stay in campus housing. Upon permanently leaving campus housing, the security deposit, or balance thereof, will be refunded accordingly to University policy, less any indebtedness to the University.

Appears in 2 contracts

Samples: www.elon.edu, www.elon.edu

AutoNDA by SimpleDocs

Damages and Security Deposit. Prior to the first term that a student is going to live in campus housing, a $200 security deposit will be charged to the student’s xxxx. This deposit is different than the housing reservation fee paid to participate in the housing selection process for returning students. The student is responsible for all damage to his/her their room and its furnishings and understands that the cost of repairs and replacements will be charged to all residents of the room. Residents are expected to take every precaution to assure that communal property is not abused. IN HALLS OR SECTIONS WHERE THE UNIVERSITY HAS DETERMINED THAT THERE IS THEFT OR UNDUE ABUSE OF UNIVERSITY PROPERTY AND THE RESPONSIBLE INDIVIDUAL(S) CANNOT BE IDENTIFIED, ALL RESIDENTS WILL BE HELD RESPONSIBLE FOR PAYING A PRORATED SHARE OF THE COST OF REPAIRING SUCH DAMAGES. The security deposit will remain in University accounts throughout a student’s stay in campus housing. Upon permanently leaving campus housing, the security deposit, or balance thereof, will be refunded accordingly to University policy, less any indebtedness to the University.

Appears in 2 contracts

Samples: University Residence Hall Agreement, University Residence Hall Agreement

Damages and Security Deposit. Prior to the first term that a student is going to live in campus housing, a $200 security deposit will be charged to the student’s xxxxbill. The student is responsible for all damage to his/her room and its furnishings and understands that the cost of repairs and replacements will be charged to all residents of the room. Residents are expected to take every precaution to assure that communal property is not abused. IN HALLS OR SECTIONS WHERE THE UNIVERSITY HAS DETERMINED THAT THERE IS THEFT OR UNDUE ABUSE OF UNIVERSITY PROPERTY AND THE RESPONSIBLE INDIVIDUAL(S) CANNOT BE IDENTIFIED, ALL RESIDENTS WILL BE HELD RESPONSIBLE FOR PAYING A PRORATED SHARE OF THE COST OF REPAIRING SUCH DAMAGES. The security deposit will remain in University accounts throughout a student’s stay in campus housing. Upon permanently leaving campus housing, the security deposit, or balance thereof, will be refunded accordingly to University policy, less any indebtedness to the University.

Appears in 2 contracts

Samples: eloncdn.blob.core.windows.net, eloncdn.blob.core.windows.net

Damages and Security Deposit. Prior to the first term that a student is going to live in campus housing, a $200 security deposit will be charged to the student’s xxxxbill. This deposit is different than the housing reservation fee paid to participate in the housing selection process for returning students. The student is responsible for all damage to his/her their room and its furnishings and understands that the cost of repairs and replacements will be charged to all residents of the room. Residents are expected to take every precaution to assure that communal property is not abused. IN HALLS OR SECTIONS WHERE THE UNIVERSITY HAS DETERMINED THAT THERE IS THEFT OR UNDUE ABUSE OF UNIVERSITY PROPERTY AND THE RESPONSIBLE INDIVIDUAL(S) CANNOT BE IDENTIFIED, ALL RESIDENTS WILL BE HELD RESPONSIBLE FOR PAYING A PRORATED SHARE OF THE COST OF REPAIRING SUCH DAMAGES. The security deposit will remain in University accounts throughout a student’s stay in campus housing. Upon permanently leaving campus housing, the security deposit, or balance thereof, will be refunded accordingly to University policy, less any indebtedness to the University.

Appears in 2 contracts

Samples: University Residence Hall Agreement, University Residence Hall Agreement

AutoNDA by SimpleDocs

Damages and Security Deposit. Prior to the first term that a student is going to live in campus housing, a $200 security deposit will be charged to the student’s xxxxbill. This deposit is different than the housing reservation fee paid to participate in the housing selection process for returning students. The student is responsible for all damage to his/her room their housing and its furnishings and understands that the cost of repairs and replacements will be charged to all residents of the roomassigned housing. Residents Students are expected to take every precaution to assure ensure that communal property is not abused. IN HALLS OR SECTIONS AREAS WHERE THE UNIVERSITY HAS DETERMINED THAT THERE IS THEFT OR UNDUE ABUSE OF UNIVERSITY PROPERTY AND THE RESPONSIBLE INDIVIDUAL(S) CANNOT BE IDENTIFIED, ALL RESIDENTS STUDENTS OF THE HALL/AREA WILL BE HELD RESPONSIBLE FOR PAYING A PRORATED SHARE OF THE COST OF REPAIRING SUCH DAMAGES. The security deposit will remain in University accounts throughout a student’s stay in campus housing. Upon permanently leaving campus housing, the security deposit, or balance thereof, will be refunded accordingly to University policy, less any indebtedness to the University.

Appears in 1 contract

Samples: Hall and Apartments Housing Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.