Common use of Numbers Clause in Contracts

Numbers. 4.1 The parties shall agree annually on the number of students that will exchange in each direction each academic year during the term of this agreement. For the purposes of reciprocity, one student enrolling for one academic year of study is equivalent to two students enrolling for one semester. The total maximum enrollment for one student shall be limited to one academic year. 4.2 The parties expect a strict balance to be maintained in the number of students exchanged during each academic year. In exceptional cases, and only with the agreement of the parties, an imbalance in the number of exchanged students will be permitted in any one academic year. In this case, the party that has sent fewer students will be eligible to send additional students, equal to the deficit, in subsequent academic years as negotiated by the parties. There shall be an annual review of numbers to ensure that a balance is maintained.

Appears in 3 contracts

Samples: Graduate Student Exchange Agreement, Undergraduate Student Exchange Program Agreement, Undergraduate Student Exchange Agreement

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Numbers. 4.1 4.1.1 The parties shall agree annually on the number of students that will exchange in each direction each academic year during the term of this agreement. For the purposes of reciprocity, one student enrolling for one academic year of study is equivalent to two students enrolling for one semester. The total maximum enrollment for one student shall be limited to one academic year. 4.2 4.1.2 The parties expect a strict balance to be maintained in the number of students exchanged during each academic year. In exceptional cases, and only with the agreement of the parties, an imbalance in the number of exchanged students will be permitted in any one academic year. In this case, the party that has sent fewer students will be eligible to send additional students, equal to the deficit, in subsequent academic years as negotiated by the parties. There shall be an annual review of numbers to ensure that a balance is maintained.

Appears in 1 contract

Samples: Undergraduate Student and Faculty/Staff/Scholar Exchange Program Agreement

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Numbers. 4.1 4.1.1 The parties shall agree annually on the number of students that will exchange in each direction each academic year during the term of this agreement. For the purposes of reciprocity, one student enrolling for one academic year of study is equivalent to two students enrolling for one semester. The total maximum enrollment for one student shall be limited to one academic year. 4.2 . The parties expect a strict balance to be maintained in the number of students exchanged during each academic year. In exceptional cases, and only with the agreement of the parties, an imbalance in the number of exchanged students will be permitted in any one academic year. In this case, the party that has sent fewer students will be eligible to send additional students, equal to the deficit, in subsequent academic years as negotiated by the parties. There shall be an annual review of numbers to ensure that a balance is maintained.

Appears in 1 contract

Samples: Exchange Agreement

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