Prior to the Resident. s first payment of Residence Fees, the Resident must pay a deposit (the “Deposit”) to be held by the Manager and applied to the cost of repairing damage to the Room, any additional cleaning charges, and to any unpaid amounts owing by the Resident under this Agreement. The amount of the deposit is detailed in Table 4. Upon the termination of this Agreement, provided that there are no damage claims or unpaid amounts then owing, the Deposit will be refunded to the Resident as described in section 8 of this Agreement.
Appears in 5 contracts
Samples: Student Resident Agreement, Student Resident Agreement, Student Resident Agreement