Common use of Financial Consequences of Contract Termination Clause in Contracts

Financial Consequences of Contract Termination. a. If Student or University terminates the Contract prior to the end of the contract term, Student will be responsible for a Contract Termination Processing Fee of $150 in addition to current quarter charges according to the table below. Since it is impractical and extremely difficult to ascertain the amount of actual damages caused by student terminations, the termination fee represents a reasonable endeavor by the University to estimate fair compensation for its harm from student terminations. b. The student is subject to the Financial Consequences of Contract Termination from the first day of occupancy (accepting the key to the room) even if the date is prior to the first day of the quarter. If terminated between September 13, 2019 (or move-in date, if earlier) and 11:59 PM on September 25, 2019. Prorated housing charges based on number of nights from September 13(or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus the $150 processing fee. If terminated between September 26, 2019 and 11:59 PM on October 17, 2019. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus the $150 processing fee. If terminated on or after October 18, 2019. No refund of housing or dining charges, plus $150 processing fee. If terminated between January 6, 2020 (or move-in date, if earlier) and 11:59 PM on January 13, 2020. Prorated housing charges based on number of nights from January 6 (or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus the $150 processing fee. If terminated between January 14, 2020 and 11:59 PM on February 4, 2020. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus the $150 processing fee. If terminated on or after February 5, 2020. No refund of housing or dining charges, plus $150 processing fee. If terminated between March 30, 2020 (or move-in date, if earlier) and 11:59 PM on April 6, 2020. Prorated housing charges based on number of nights from March 30 (or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus the $150 processing fee. If terminated between April 7, 2020 and 11:59 PM on April 28, 2020. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus the $150 processing fee. If terminated on or after April 29, 2020. No refund of housing or dining charges, plus $150 processing fee.

Financial Consequences of Contract Termination. a. If Student or University terminates the Contract prior to the end of the contract term, Student will be responsible for a Contract Termination Processing Fee of $150 in addition to current quarter charges according to the table below. Since it is impractical and extremely difficult to ascertain the amount of actual damages caused by student terminations, the termination fee represents a reasonable endeavor by the University to estimate fair compensation for its harm from student terminations. b. The student is subject to the Financial Consequences of Contract Termination from the first day of occupancy (accepting the key to the room) even if the date is prior to the first day of the quarter. If terminated between September 1321, 2019 2022 (or move-in date, if earlier) and 11:59 PM on September 2528, 20192022. Prorated housing charges based on number of nights from September 13(or 22(or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between September 2629, 2019 2022 and 11:59 PM 11:59pm on October 1721, 20192022. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $1,000 cancellation fee, and the $150 processing fee. If terminated on or after October 1822, 20192022. No refund of housing or dining charges, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 69, 2020 2023 (or move-in date, if earlier) and 11:59 PM on January 1316, 20202023. Prorated housing charges based on number of nights from January 6 10 (or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 1417, 2020 2023 and 11:59 PM on February 48, 20202023. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $750 cancellation fee, and the $150 processing fee. If terminated on or after February 59, 20202023. No refund of housing or dining charges, plus $750 cancellation fee, and $150 processing fee. If terminated between March 30April 3, 2020 2023 (or move-in date, if earlier) and 11:59 PM on April 610, 20202023. Prorated housing charges based on number of nights from March 30 April 4 (or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $750 cancellation fee, and the $150 processing fee. If terminated between April 711, 2020 2023 and 11:59 PM on April 28May 2, 20202023. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $500 cancellation fee, and the $150 processing fee. If terminated on or after April 29May 3, 20202023. No refund of housing or dining charges, plus $150 processing fee.

Financial Consequences of Contract Termination. a. If Student or University terminates the Contract prior to the end of the contract term, Student will be responsible for a Contract Termination Processing Fee of $150 in addition to current quarter charges according to the table below. Since it is impractical and extremely difficult to ascertain the amount of actual damages caused by student terminations, the termination fee represents a reasonable endeavor by the University to estimate fair compensation for its harm from student terminations. b. The student is subject to the Financial Consequences of Contract Termination from the first day of occupancy (accepting the key to the room) even if the date is prior to the first day of the quarter. If terminated between September 131, 2019 2022 (or move-in date, if earlier) and 11:59 PM on September 2528, 20192022. Prorated housing charges based on number of nights from September 13(or 21(or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between September 2629, 2019 2022 and 11:59 PM 11:59pm on October 1721, 20192022. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $1,000 cancellation fee, and the $150 processing fee. If terminated on or after October 1822, 20192022. No refund of housing or dining charges, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 61, 2020 2023 (or move-in date, if earlier) and 11:59 PM on January 1316, 20202023. Prorated housing charges based on number of nights from January 6 10 (or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 1417, 2020 2023 and 11:59 PM on February 48, 20202023. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $750 cancellation fee, and the $150 processing fee. If terminated on or after February 59, 20202023. No refund of housing or dining charges, plus $750 cancellation fee, and $150 processing fee. If terminated between March 30April 1, 2020 2023 (or move-in date, if earlier) and 11:59 PM on April 610, 20202023. Prorated housing charges based on number of nights from March 30 April 4 (or move-in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $750 cancellation fee, and the $150 processing fee. If terminated between April 711, 2020 2023 and 11:59 PM on April 28May 2, 20202023. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $500 cancellation fee, and the $150 processing fee. If terminated on or after April 29May 3, 20202023. No refund of housing or dining charges, plus $150 processing fee.

Financial Consequences of Contract Termination. a. If Student or University terminates the Contract prior to the end of the contract term, Student will be responsible for a Contract Termination Processing Fee of $150 in addition to current quarter charges according to the table below. Since it is impractical and extremely difficult to ascertain the amount of actual damages caused by student terminations, the termination fee represents a reasonable endeavor by the University to estimate fair compensation for its harm from student terminations. b. The student is subject to the Financial Consequences of Contract Termination from the first day of occupancy (accepting the key to the room) even if the date is prior to the first day of the quarter. If terminated between Financial Consequences of Contract Termination - Fall Quarter For contracts beginning prior to September 131, 2019 (or move-in date, if earlier) and 11:59 PM on September 25, 20192024. Prorated housing charges based on number of nights from September 13(or date of move-in to date of proper check out (one night minimum), actual dining plan usage, $1,000 cancellation fee, and the $150 processing fee. If terminated between September 1, 2024 and 11:59 PM on October 1, 2024. Prorated housing charges based on number of nights from -- (or move- in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between September 26October 2, 2019 2024 and 11:59 PM 11:59pm on October 1725, 20192024. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $1,000 cancellation fee, and the $150 processing fee. If terminated on or after October 1826, 20192024. No refund of housing or dining charges, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 6, 2020 2024 (or move-in date, if earlier) and 11:59 PM on January 1310, 20202025. Prorated housing charges based on number of nights from January 6 -- (or move-move- in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 1411, 2020 2025 and 11:59 PM on February 45, 20202025. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $750 cancellation fee, and the $150 processing fee. If terminated on or after February 56, 20202025. No refund of housing or dining charges, plus $750 cancellation fee, and $150 processing fee. If terminated between March 3031, 2020 2025 (or move-in date, if earlier) and 11:59 PM on April 64, 20202025. Prorated housing charges based on number of nights from March 30 -- (or move-move- in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $750 cancellation fee, and the $150 processing fee. If terminated between April 75, 2020 2025 and 11:59 PM on April 2830, 20202025. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $500 cancellation fee, and the $150 processing fee. If terminated on or after April 29May 1, 20202025. No refund of housing or dining charges, plus $150 processing fee.

Financial Consequences of Contract Termination. a. If Student or University terminates the Contract prior to the end of the contract term, Student will be responsible for a Contract Termination Processing Fee of $150 in addition to current quarter charges according to the table below. Since it is impractical and extremely difficult to ascertain the amount of actual damages caused by student terminations, the termination fee represents a reasonable endeavor by the University to estimate fair compensation for its harm from student terminations. b. The student is subject to the Financial Consequences of Contract Termination from the first day of occupancy (accepting the key to the room) even if the date is prior to the first day of the quarter. If terminated between September 1325, 2019 2024 (or move-in date, if earlier) and 11:59 PM on September 25October 1, 20192024. Prorated housing charges based on number of nights from September 13(or move--- (or move- in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between September 26October 2, 2019 2024 and 11:59 PM 11:59pm on October 1725, 20192024. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $1,000 cancellation fee, and the $150 processing fee. If terminated on or after October 1826, 20192024. No refund of housing or dining charges, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 6, 2020 2025 (or move-in date, if earlier) and 11:59 PM on January 1310, 20202025. Prorated housing charges based on number of nights from January 6 -- (or move-move- in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $1,000 cancellation fee, and the $150 processing fee. If terminated between January 1411, 2020 2025 and 11:59 PM on February 45, 20202025. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $750 cancellation fee, and the $150 processing fee. If terminated on or after February 56, 20202025. No refund of housing or dining charges, plus $750 cancellation fee, and $150 processing fee. If terminated between March 3031, 2020 2025 (or move-in date, if earlier) and 11:59 PM on April 64, 20202025. Prorated housing charges based on number of nights from March 30 -- (or move-move- in date, if earlier) to date of proper check out (one night minimum), actual dining plan usage, plus $750 cancellation fee, and the $150 processing fee. If terminated between April 75, 2020 2025 and 11:59 PM on April 2830, 20202025. 50% refund of housing charges, 50% of dining plan charges (or actual usage, whichever is more), plus $500 cancellation fee, and the $150 processing fee. If terminated on or after April 29May 1, 20202025. No refund of housing or dining charges, plus $150 processing fee.