Common use of Financial Liability Clause in Contracts

Financial Liability. 3.3.1. Residents are held financially liable for all damage that they cause in the residence. Everyone carries responsibility for the condition of the room in which he/she resides and for the furniture and equipment in it, and is individually liable for damage caused by himself/herself or by others to apparatus used by him/her. A resident is similarly liable for the damage caused by his/her visitors. 3.3.2. All monies payable for damage caused by a student/students in a University residence will be charged to his/her student account as a single amount or in instalments, as determined by the Finance Division in consultation with the student. 3.3.3. Any damage that cannot be attributed to a specific student/students (unidentified damage) will be recovered from the residence’s House fund. 3.3.4. The University Council and University staff are not liable for the loss of or damage to the personal property of residents of a residence. The residents must themselves ensure that their property is insured sufficiently.

Financial Liability. 3.3.1. Residents are held financially liable for all damage that they cause in the residence. Everyone carries responsibility for the condition of the room in which he/she resides and for the furniture and equipment in it, it and is individually liable for damage caused by himself/herself or by others to apparatus used by him/her. A resident is similarly liable for the damage caused by his/her visitors. 3.3.2. All monies payable for breakage/damage caused by a student/students s in a University residence will be charged to his/her the student account as a single amount or in instalmentsby way of invoice and payable within 7 days, as determined by the Finance Division in consultation with the student. 3.3.3. Any damage that cannot be attributed to a specific student/students s (unidentified damage) will be recovered from the residence’s House fund. 3.3.4. The University Council and University staff are not liable for the loss of or damage to the personal property of residents of a residence. The residents must themselves ensure that their property is insured sufficiently.

Financial Liability. 3.3.1. Residents are held financially liable for all damage that they cause in the residence. Everyone carries responsibility for the condition of the room in which he/she resides and for the furniture and equipment in it, it and is individually liable for damage caused by himself/herself or by others to apparatus used by him/her. A resident is similarly liable for the damage caused by his/her visitors. 3.3.2. All monies payable for breakage/damage caused by a student/students s in a University residence will be charged to his/her student account as a single amount or in instalments, as determined by the Finance Division in consultation with the student. 3.3.3. Any damage that cannot be attributed to a specific student/students student (unidentified damage) will be recovered from the residence’s House fund. 3.3.4. The University Council and University staff are not liable for the loss of or damage to the personal property of residents of a residence. The residents must themselves ensure that their property is insured sufficiently.