Common use of RENT AND FINANCIAL REQUIREMENTS Clause in Contracts

RENT AND FINANCIAL REQUIREMENTS. a. By taking Occupancy of a Room, you specifically agree to pay Rent charges for the Room for the entire term of this License Agreement, regardless of the amount of time you reside in the Room. Except for termination for conduct reasons, as set forth in Sections 8)c. and 10)a., if you check out of your assigned Room any time before the end of the term of this License Agreement, don’t check into another assigned Room, and remain registered for classes at the University, you remain financially obligated for Rent through the end of the Academic Year in May. b. Each semester’s Rent will be charged to your University account and payment is due by the first day of classes for the applicable semester. The University Bursar’s Office provides an option for you to pay your semester Rent charge in three payments. The University Bursar’s Office will assess late payment fees to accounts with unpaid charges. c. If you are assigned to a room in the Honors Village, you will be required to purchase at least the minimum Honors Village meal plan associated with the type of room to which you are assigned. If you take no action otherwise, you will automatically be signed up and charged for the default meal plan associated with the type of room to which you are assigned in the Honors Village. Meal plans are provided and managed by Arizona Student Unions.

RENT AND FINANCIAL REQUIREMENTS. a. By taking Occupancy of a Room, you specifically agree to pay Rent charges for the Room for the entire term of this License Agreement, regardless of the amount of time you reside in the Room. Except for termination for conduct reasons, as set forth in Sections 8)c. 8) c. and 10)a.10) a., if you check out of your assigned Room any time before the end of the term of this License Agreement, don’t check into another assigned Room, and remain registered for classes at the University, you remain financially obligated for Rent through the end of the Academic Year in May. b. Each semester’s Rent will be charged to your University account and payment is due by the first day of classes for the applicable semester. The University Bursar’s Office provides an option for you to pay your semester Rent charge in three payments. The University Bursar’s Office will assess late payment fees to accounts with unpaid charges. c. If you are assigned to a room in the Honors Village, you will be required to purchase at least the minimum Honors Village meal plan associated with the type of room to which you are assigned. If you take no action otherwise, you will automatically be signed up and charged for the default meal plan associated with the type of room to which you are assigned in the Honors Village. Meal plans are provided and managed by Arizona Student Unions.