Common use of Fall Term Clause in Contracts

Fall Term. If cancellation notice is received by June 1, for the fall term, the deposit is refundable. A cancellation notice received June 2 – July 1 will result in the forfeiture of the deposit. A cancellation notice received July 2-August 1 will result in the forfeiture of the deposit plus $250 of the fall semester’s contract value. A cancellation notice received after August 1 will result in the forfeiture of the deposit plus $500 of the fall semester’s contract value.

Fall Term. ­‐ If cancellation notice is received by June 1, for the fall term, the deposit is refundable. A cancellation notice received June 2 – July 1 will result in the forfeiture of the deposit. A cancellation notice received July 2-August 2-­‐August 1 will result in the forfeiture of the deposit plus $250 of the fall semester’s contract value. A cancellation notice received after August 1 will result in the forfeiture of the deposit plus $500 of the fall semester’s contract value.