Common use of of License Fees Clause in Contracts

of License Fees. Nonpayment of License Fees may, at the sole discretion of the university, result in the following actions: a. Assessment of a late fee as stated in the fee schedule. In addition to the late fee, failure to pay, as agreed, may result in interest at 10% per annum on any delinquent amounts during the period of the delinquency. b. Suspension of meal service without compensation for missed meals. c. Revocation of the License Agreement with financial penalties, as noted in Section 9. d. Withholding of university services pursuant to Section 42380, et. seq., Title 5, California Code of Regulations. e. Offset of loans, grants or scholarships payable through the university, or tax refunds through the Franchise Tax Board. f. Notification of default to credit bureau organizations. g. Employment of a collection agency to collect all delinquent amounts. Any attorney fees and other reasonable collection costs and charges accrued during the collection of said amounts are the responsibility of the Licensee. h. Legal action to collect unpaid obligations. By signing the License Agreement, Licensee consents to the release of information from student records to non-university third parties such as credit bureaus, credit gathering organizations, skip tracers, billing agencies, collection agencies, legal counsel, parents, guardians, and employees which may, in the judgment of university, be necessary or helpful in the collection of delinquent obligation arising out of the License Agreement. By signing the License Agreement, Licensee agrees that housing fees are an extension of credit for living expenses and are considered an educational debt. Licensee waives the benefit of any limitations affecting liability or the enforcement of them to the extent permitted by law. (California Code of Civil Procedure section 360.5)

of License Fees. Nonpayment of License Fees may, at the sole discretion of the university, result in the following actions: a. Assessment of a late fee as stated in the fee schedule. In addition to the late fee, failure to pay, as agreed, may result in interest at 10% per annum on any delinquent amounts during the period of the delinquency. b. Suspension of meal service without compensation for missed meals. c. Revocation of the License Agreement with financial penalties, as noted in Section 99 and 10. d. Withholding of university services pursuant to Section 4238042381, et. seq., Title 5, California Code of Regulations. e. Offset of loans, grants or scholarships payable through the university, or tax refunds through the Franchise Tax Board. f. Notification of default to credit bureau organizations. g. Employment of a collection agency to collect all delinquent amounts. Any attorney fees and other reasonable collection costs and charges accrued during the collection of said amounts are the responsibility of the Licensee. h. Legal action to collect unpaid obligations. By signing the License Agreement, Licensee consents to the release of information from student records to non-university third parties such as credit bureaus, credit gathering organizations, skip tracers, billing agencies, collection agencies, legal counsel, parents, guardians, and employees which may, in the judgment of university, be necessary or helpful in the collection of delinquent obligation arising out of the License Agreement. By signing the License Agreement, Licensee agrees that housing fees are an extension of credit for living expenses and are considered an educational debt. Licensee waives the benefit of any limitations affecting liability or the enforcement of them to the extent permitted by law. (California Code of Civil Procedure section 360.5)

of License Fees. Nonpayment of License Fees may, at the sole discretion of the university, result in the following actions: a. Assessment of a late fee as stated in the fee schedule. In addition to the late fee, failure to pay, as agreed, may result in interest at 10% per annum on any delinquent amounts during the period of the delinquency. b. Suspension of meal service without compensation for missed meals. c. Revocation of the License Agreement with financial penalties, as noted in Section 9. d. Withholding of university services pursuant to Section 4238042381, et. seq., Title 5, California Code of Regulations. e. Offset of loans, grants or scholarships payable through the university, or tax refunds through the Franchise Tax Board. f. Notification of default to credit bureau organizations. g. Employment of a collection agency to collect all delinquent amounts. Any attorney fees and other reasonable collection costs and charges accrued during the collection of said amounts are the responsibility of the Licensee. h. Legal action to collect unpaid obligations. By signing the License Agreement, Licensee consents to the release of information from student records to non-university third parties such as credit bureaus, credit gathering organizations, skip tracers, billing agencies, collection agencies, legal counsel, parents, guardians, and employees which may, in the judgment of university, be necessary or helpful in the collection of delinquent obligation arising out of the License Agreement. By signing the License Agreement, Licensee agrees that housing fees are an extension of credit for living expenses and are considered an educational debt. Licensee waives the benefit of any limitations affecting liability or the enforcement of them to the extent permitted by law. (California Code of Civil Procedure section 360.5)