Payment Schedule and Practices Sample Clauses
The Payment Schedule and Practices clause defines the timing, method, and conditions under which payments are to be made between parties in a contract. It typically outlines when invoices should be issued, the deadlines for payment, and any acceptable forms of payment, such as bank transfers or checks. This clause ensures both parties have a clear understanding of financial expectations, reducing the risk of disputes over late or missed payments and promoting smooth financial transactions throughout the contractual relationship.
Payment Schedule and Practices. A. Housing charge due dates are set according to Student Fiscal Services’ policy. Specific amounts and due dates are listed on the student's Workday Account. Financial aid recipients will have the available funds disbursed first towards tuition and fees, then towards housing charges for the term.
B. An administrative fee is assessed each time a payment due date has been missed until the balance has been satisfied.
C. In the event that the resident fails to make payment by the delinquency date, the university may declare the contract terminated and may take possession of the premises by any lawful means. Upon the university declaring that the contract is terminated, the resident will immediately surrender possession of the apartment to the university.
D. Resident agrees to pay all Fort ▇▇▇▇ State University debts and charges pursuant to FHSU policies. Resident understands that the university is advancing value to them in the form of educational services and that their right to reside in university housing is expressly conditioned upon their agreement to pay the costs of room and any additional costs when those charges become due. Resident understands the university notifies students of debts by their Fort ▇▇▇▇ State University e-mail account. It is the resident’s responsibility to view charges in their student account through Workday.
E. Resident understands that past-due student accounts will result in university enrollment, transcript and/or services being withheld in accordance with university regulations. Delinquent debts may be reported to a credit bureau and referred to collection agencies, or litigated. Resident agrees to pay costs of collecting unpaid charges, including attorney fees and court costs. This agreement (Residential Life Terms and Conditions Residence Hall Contract) shall be construed in accordance with Kansas law and any lawsuit arising out of this agreement is subject to the exclusive jurisdiction of the Ellis County District Court in Hays, Kansas.
Payment Schedule and Practices. A. Housing charges are divided into three payment due dates per semester (fall and spring). Due dates are set according to Student Fiscal Services’ policy. Specific amounts and due dates are listed on the student's account in WorkDay. Financial aid recipients will have the available funds disbursed first towards tuition and fees, then towards housing charges for the semester.
B. A $25.00 administrative fee is assessed each time a payment due date has been missed until the balance has been satisfied.
C. In the event that the resident fails to make payment by the delinquency date, the university may declare the contract terminated and may take possession of the premises by any lawful means. Upon the university declaring that the contract is terminated, the resident will immediately surrender possession of the apartment to the university.
D. Access to dining, housing, and other services may be denied if payments are not made.
E. Resident agrees to pay all Fort ▇▇▇▇ State University debts and charges pursuant to FHSU policies. Resident understands that the university is advancing value to them in the form of educational services and that their right to reside in university housing is expressly conditioned upon their agreement to pay the costs of room and any additional costs when those charges become due. Resident understands the university notifies students of debts by their Fort ▇▇▇▇ State University e-mail account. It is the resident’s responsibility to view charges in their WorkDay account.
F. Resident understands that past-due student accounts will result in university enrollment, transcript and/or services being withheld in accordance with university regulations. Delinquent debts may be reported to a credit bureau and referred to collection agencies, or litigated. Resident agrees to pay costs of collecting unpaid charges, including attorney fees and court costs. This agreement (Residential Life Terms and Conditions Residence Hall Contract) shall be construed in accordance with Kansas law and any lawsuit arising out of this agreement is subject to the exclusive jurisdiction of the ▇▇▇▇▇ County District Court in Hays, Kansas.
Payment Schedule and Practices. A. Due dates are set according to Student Fiscal Services’ policy. Specific amounts and due dates are listed on the student's account in Workday. Financial aid recipients will have the available funds disbursed first towards tuition and fees, then towards housing charges for the semester.
B. A $25.00 administrative fee is assessed each time a payment due date has been missed until the balance has been satisfied.
C. In the event that the resident fails to make payment by the delinquency date, the university may declare the contract terminated and may take possession of the premises by any lawful means. Upon the university declaring that the contract is terminated, the resident will immediately surrender possession of the apartment to the university.
D. Access to dining, housing, and other services may be denied if payments are not made.
E. Resident agrees to pay all Fort ▇▇▇▇ State University debts and charges pursuant to FHSU policies. Resident understands that the university is advancing value to them in the form of educational services and that their right to reside in university housing is expressly conditioned upon their agreement to pay the costs of room and any additional costs when those charges become due. Resident understands the university notifies students of debts by their Fort ▇▇▇▇ State University e-mail account. It is the resident’s responsibility to view charges in their Workday account.
F. Resident understands that past-due student accounts will result in university enrollment, transcript and/or services being withheld in accordance with university regulations. Delinquent debts may be reported to a credit bureau and referred to collection agencies or litigated. Resident agrees to pay costs of collecting unpaid charges, including attorney fees and court costs. This agreement (Residential Life Terms and Conditions Residence Hall Contract) shall be construed in accordance with Kansas law and any lawsuit arising out of this agreement is subject to the exclusive jurisdiction of the Ellis County District Court in Hays, Kansas.
Payment Schedule and Practices. A. When the Stadium Place and Wooster Place apartment is selected via the online portal, a $200 security deposit is required at room selection.
B. Housing charges are divided into three payment due dates per semester. Due dates are set according to Student Fiscal Services policy. Specific amounts and due dates are listed on the student's TigerTracks Account Balance/Make a Payment page. Financial aid recipients will have the available funds disbursed first towards tuition and fees, then towards housing charges for the semester.
C. A $25.00 administrative fee is assessed each time a payment due date has been missed until the balance has been satisfied.
D. In the event that the resident fails to make payment by the delinquency date, the University may declare the contract terminated and may take possession of the Premises by any lawful means. Upon the University declaring that the contract is terminated, the resident will immediately surrender possession of the apartment to the University.
E. Resident agrees to pay all Fort ▇▇▇▇ State University debts and charges pursuant to FHSU policies. Resident understands that the university is advancing value to them in the form of educational services and that their right to reside in university housing is expressly conditioned upon their agreement to pay the costs of room and any additional costs when those charges become due. Resident understands the university notifies students of debts by their Fort ▇▇▇▇ State University e-mail account. It is the resident’s responsibility to view charges in their TigerTracks Account Balance Page at ▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇.▇▇▇/
F. Resident understands that past-due student accounts will result in University enrollment, transcript and/or services being withheld in accordance with University Regulations. ▇▇▇▇▇- ▇▇▇▇▇ debts may be reported to a credit bureau and referred to collection agencies, or litigated. Resident agrees to pay costs of collecting unpaid charges, including attorney fees and court costs. This Agreement shall be construed in accordance with Kansas law and any lawsuit arising out of this Agreement is subject to the exclusive jurisdiction of the ▇▇▇▇▇ County District Court in Hays, Kansas.