Common use of Previous Balances Clause in Contracts

Previous Balances. Resident must remain current on all charges. Residents who owe an outstanding housing balance may be issued a notice to pay or vacate the Room Space. Residents are not permitted to use anticipated financial aid from a current semester to cover housing for a previous semester. Resident further acknowledges and agrees that as a licensee in University Housing that Provider may deny access to the Room Space through “lock out” for failure to make timely payments, failure to comply with University Rules or other infractions and Resident waives its right to a formal dispossessory action for the use of the Room Space.

Appears in 11 contracts

Samples: Housing License Agreement, Housing License Agreement, Housing License Agreement

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