Common use of Refund Procedures Clause in Contracts

Refund Procedures. Upon the withdrawal of this Agreement or residence application by the Resident, as detailed in section 8.02, the Residence may be entitled to a partial refund of Residence Fees, without interest, within eight (8) weeks of the Resident vacating the Residence or cancelling their residence application. The refund will be in the form of a cheque mailed to the Resident’s permanent address on file in the Resident’s name only. If a student requires a cheque to be reissued as a result of the resident not providing an updated address prior to vacating residence and/or cancelling their residence application, a charge of $50 may be applied. Refunds are issued based on the following: (a) Academic Year 2024-2025 Applications/Agreements (Detailed in Table 5) (i) If the Resident’s Housing Portal cancellation request is received by the Residence Manager on or before (Deadline 1), whether the Resident has been accepted into Residence or not, the residents will receive a refund of any Residence Fees paid to date excluding the non refundable Application Fee. (ii) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s Housing Portal cancellation request after Move in Day (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 45 days of Residence Fees.

Appears in 2 contracts

Samples: Student Residence Agreement, Student Residence Agreement

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Refund Procedures. Upon the withdrawal of this Agreement or residence application by the Resident, as detailed in section 8.02, the Residence may be entitled to a partial refund of Residence Fees, without interest, within eight (8) weeks of the Resident vacating the Residence or cancelling their residence application. The refund will be in the form of a cheque mailed to the Resident’s permanent address on file in the Resident’s name only. If a student requires a cheque to be reissued as a result of the resident not providing an updated address prior to vacating residence and/or cancelling their residence application, a charge of $50 may be applied. Refunds are issued based on the following: (a) Academic Year 2024-2025 Applications/Agreements (Detailed in Table 5) (i) If the Resident’s Housing Portal cancellation request is received by the Residence Manager on or before (Deadline 1), whether the Resident has been accepted into Residence or not, the residents will receive a refund of any Residence Fees paid to date excluding the non refundable Application Fee. (ii) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s Housing Portal cancellation request after Move in Day (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 45 days of Residence Fees.

Appears in 1 contract

Samples: Student Residence Agreement

Refund Procedures. Upon the withdrawal of this Agreement or residence application by the Resident, as detailed in section 8.02, the Residence may be entitled to a partial refund of Residence Fees, without interest, within eight (8) weeks of the Resident vacating the Residence or cancelling their residence application. The refund will be in the form of a cheque mailed to the Resident’s permanent address on file in the Resident’s name only. If a student requires a cheque to be reissued as a result of the resident not providing an updated address prior to vacating residence and/or cancelling their residence application, a charge of $50 may be applied. Refunds are issued based on the following: (a) Academic Year 2024-2025 Applications/Agreements (Detailed in Table 5) (i) If the Resident’s Housing Portal cancellation request is received by the Residence Manager on or before (Deadline 1), whether the Resident has been accepted into Residence or not, the residents will receive a refund of any Residence Fees paid to date excluding the non refundable Application Fee. (ii) . If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s Housing Portal cancellation request after Move in Day (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 45 days of Residence Fees.

Appears in 1 contract

Samples: Student Residence Agreement

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Refund Procedures. Upon the withdrawal of this Agreement or residence application by the Resident, as detailed in section 8.02, the Residence may be entitled to a partial refund of Residence Fees, without interest, within eight (8) weeks of the Resident vacating the Residence or cancelling their residence application. The refund will be in the form of a cheque mailed to the Resident’s permanent address on file in the Resident’s name only. If a student requires a cheque to be reissued as a result of the resident not providing an updated address prior to vacating residence and/or cancelling their residence application, a charge of $50 may be applied. Refunds are issued based on the following: (a) Academic Year 2024-2025 Applications/Agreements (Detailed in Table 5) (i) If the Resident’s Housing Portal cancellation request is received by the Residence Manager on or before (Deadline 1), whether the Resident has been accepted into Residence or not, the residents will receive a refund of any Residence Fees paid to date excluding the non refundable Application Fee. (ii) . If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s Housing Portal cancellation request after Move in Day (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 45 days of Residence Fees.

Appears in 1 contract

Samples: Student Residence Agreement

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