Common use of New Licensee Reservation Deposit Clause in Contracts

New Licensee Reservation Deposit. i) A new incoming Licensee must apply for this License, and provide a Reservation Deposit of $100 when the application for the License is submitted to University. The License is not complete until the Reservation Deposit is received and application/License is completed and submitted. Failure to remit correct payment could result in the delayed processing of or loss of Licensee’s Licensed Space. ii) The Reservation Deposit will be applied to fees after the add/drop date.

Appears in 4 contracts

Samples: Student Housing and Dining License, Student Housing and Dining License, Student Housing and Dining License

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