Common use of Other Termination by You Prior to Occupancy Clause in Contracts

Other Termination by You Prior to Occupancy. If this Agreement is not terminated pursuant to Sections IX.A.1.a. or b. above, you may terminate this Agreement at any time prior to occupancy upon notice to XxXxxx. In the event of a termination under this Section, any money transferred to XxXxxx shall be refunded, less: i. Additional costs incurred by XxXxxx due to modifications in the structure or furnishings of your Residence which you specifically requested; and ii. A reasonable service charge, not to exceed the greater of $1,000 or two per cent (2%) of the Entrance Fee. Any refund to which you are entitled under this Section shall be made, without applicable interest, within 30 days of XxXxxx’x receipt of your notice of rescission.

Appears in 2 contracts

Samples: Residency Agreement, Residency Agreement

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Other Termination by You Prior to Occupancy. If this Agreement is not terminated pursuant to Sections IX.A.1.aVII.A.1.a. or b. b., above, you may terminate this Agreement at any time prior to occupancy upon notice to XxXxxx. In the event of a termination under this SectionSectionVII.A.1.c., any money transferred to XxXxxx shall be refunded, refunded less: i. Additional costs incurred by XxXxxx due to modifications in the structure or furnishings of your Residence which you specifically requested; and ii. A reasonable service charge, not to exceed the greater of One Thousand Dollars ($1,000 1,000) or two per cent percent (2%) of the Entrance Fee. Any refund to which you are entitled under this Section VII.A. shall be made, without applicable interest, within 30 thirty (30) days of XxXxxx’x receipt of your notice of rescission.

Appears in 2 contracts

Samples: Residency Agreement, Residency Agreement

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