Room Deposit Sample Clauses

Room Deposit. (a) The Occupant shall pay a Room Deposit to the University that will be held on behalf of the Occupant during the term of this Agreement. (b) The Room Deposit shall be paid to the Occupant in full within four (4) to six (6) weeks provided that the Occupant: (i) has left the room in a clean and habitable condition without having caused damages to the furniture, fittings or equipment of the Room; and (ii) has not accrued any outstanding charges or arrears owed to the University in relation to the use of the Room, Facility and Services. (c) The University shall be entitled to deduct from the Room Deposit all amounts owed to the University for arrears of the Occupancy Fee, charges and other amounts reasonably necessary to restore the Room to a clean, habitable and undamaged condition (d) If the amount of the Room Deposit is insufficient to return the Room to a clean, habitable and undamaged condition and/or the Room Deposit is insufficient to cover arrears and outstanding charges, the Occupant shall be liable for such amount(s) and agrees to reimburse the University. (e) The University shall also be entitled to deduct any amount from the Room deposit to recover debts owed by the Occupant to the Facility at the termination of this agreement. (f) Where the Occupant: (i) owes arrears at the termination of this Agreement; or (ii) is in arrears for more than seven (7) days during the Occupancy and the Occupant fails to respond to a notice from an authorised representative of the University regarding the unpaid amount(s), the University shall be entitled to place a negative service indicator on the Occupant's academic record that will prevent the release of results, academic transcripts and/or the Occupant's eligibility to graduate. (g) The Occupant acknowledges that no interest earned on the Room Deposit shall be paid to the Occupant.
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Room Deposit a) The University will hold your Room Deposit for the duration of this Agreement. b) The University may either withhold or apply, or both, all or any part of your Room Deposit towards any monies you owe to the University under this Agreement, including: i) any unpaid part of the Room Fee or other unpaid charges, fees, costs or amounts; ii) the final two weeks or more of Room Fees; iii) replacement of any locks or non-returned security devices (including keys); iv) the reasonable costs of carrying out any repairs to or cleaning of the Room or the Building; v) any additional charges payable because you have left the accommodation early (except when clause 31 applies); vi) any additional charges payable by you as a result of you breaching a term or condition of this Agreement (including a charge payable by you in accordance with Annexure 2); or vii) any unpaid Termination Fee, for which you may be responsible under this Agreement. c) The University may also withhold or apply, or both, all or any part of your Room Deposit towards any monies you owe to the University for any unpaid student fees, including any expenses arising from your removal from accommodation by the University or relocation to alternative off-campus accommodation. d) Subject to clauses 7 b) and 7 c), upon the termination or expiry of this Agreement your Room Deposit, or any remainder of your Room Deposit, will be refunded (as applicable): i) within 28 days of expiry or earlier termination to the Australian Credit Card you used to pay your Room Deposit; or ii) within 56 days of expiry or earlier termination to the international Credit Card you used to pay your Room Deposit; or iii) upon submission of a completed Refund Request Form, to your nominated Australian bank account within 28 days, or to your nominated international bank account within 56 days. e) If a Credit Card was not used to pay your Room Deposit, the Room Deposit (or any remainder) will be held by the University until such time as you submit a Refund Request Form or make other refund arrangements with the University. f) No interest is payable by the University on your Room Deposit.
Room Deposit. A $150.00 room deposit is required prior to execution of this contract. The deposit consists of a refundable
Room Deposit. In order to obtain on-campus residence, each student is required to submit $100 to the Department of Residence Life. This money is considered a security deposit and is fully refundable, based on the condition of room and furnishings upon vacating the Residence Halls. If terms and conditions of the Housing Agreement are broken, deposit monies are forfeit.
Room Deposit. 5.1 The Occupant will pay a Room Deposit to the University that will be held on behalf of the Occupant during the term of this Agreement. 5.2 The Room Deposit shall be paid to the Occupant in full within four (4) to six (6) weeks after expiry or termination of this Agreement provided that the Occupant: 5.2.1 has left the room in a clean and habitable condition without having caused damages to the furniture, fittings or equipment of the Room; and 5.2.2 has not accrued any outstanding charges or arrears owed to the University in relation to the use of the Room, Facility and Services. 5.3 The University shall be entitled to deduct from the Room Deposit all amounts owed to the University for arrears of the Occupancy Fee, charges and other amounts reasonably necessary to restore the Room to a clean, habitable and undamaged condition 5.4 If the amount of the Room Deposit is insufficient to return the Room to a clean, habitable and undamaged condition and/or the Room Deposit is insufficient to cover arrears and outstanding charges, the Occupant shall be liable for such amount(s) and agrees to reimburse the University. 5.5 The University shall also be entitled to deduct any amount from the Room deposit to recover debts owed by the Occupant to the Facility at the termination of this agreement. 5.6 The Occupant acknowledges that no interest earned on the Room Deposit shall be paid to the Occupant.
Room Deposit. Due at the time of reservation to reserve date and time. Deposit is fully refundable on the evening of your event. The room rental deposit to secure time and date is $50.00.
Room Deposit. 3.1 The Occupant will pay a Room Deposit to the University that will be held on behalf of the Occupant during the Term of this Agreement. 3.2 The Room Deposit will be paid to the Occupant in full within six (6) weeks after expiry or termination of this Agreement except that the University may deduct from the Room Deposit: 3.2.1 the reasonable cost of repairs to, or the restoration of, the Room or any Facilities, furniture or goods provided with the Room or Facilities as a result of damage (other than fair wear and tear) caused by the Occupant; and 3.2.2 the reasonable cost of securing the Room if the Occupant fails to return the keys for the Room to the University at the end of the Agreement; and 3.2.3 any Tariff or other amount owing and payable under the Agreement at the time the Agreement ends. 3.3 If the amount of the Room Deposit is insufficient to return the Room to a clean, habitable and undamaged condition and/or the Room Deposit is insufficient to cover arrears and outstanding charges, the Occupant shall be liable for such amount(s) and agrees to reimburse the University. 3.4 The Occupant acknowledges that no interest earned on the Room Deposit shall be paid to the Occupant.
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Room Deposit. 8.1 Any direct or indirectly attributed damage to the room or hall less than £85 will be deducted from the room deposit. 8.2 Where the cost of damage exceeds £85, charges will be made direct by invoice which will be payable within 14 days. 8.3 Failure to pay any charges for damage may lead to exclusion from accommodation. 8.4 If, at the end of the contract, for whatever reason, there remains a credit balance on the room deposit following the deduction of damage charges or losses, the balance will be refunded or used towards paying any outstanding College debts.
Room Deposit. A $100 security deposit is required with all applications. • Return of Deposit: The deposit will be returned in these instances: • The student notifies the housing office by July 20 (fall), January 2 (spring) or before move-in day for the summer terms that he/she wishes to withdraw the housing application. • The College is unable to place the student in housing. • The student moves out at the end of the contract period or the final two weeks of a semester and follows these procedures: a) complete check-out procedures with the residence hall director, b) successfully complete room inspection upon check-out and c) return all keys. • Forfeiture of Deposit: The following will result in forfeiture of a portion or all of the deposit: • Failure to notify the housing office of the desire to withdraw his/her housing application by the posted deadline, (July 20 (fall) or January 2 (spring) or before move-in day (summer)) • Moving out before the final two weeks of the semester • Failure to successfully complete check-out procedures with the residence hall director • Room or furnishings are damaged (student is responsible for any damages exceeding the deposit amount) • Room not cleaned upon check-out.
Room Deposit. A $150.00 deposit is required on the Student’s account for the entire time he/she/they occupies a Room (the “Room Deposit”). All incoming first-year students must submit the Room Deposit by May 1, 2021. Current students returning to College Residence Halls, who do not have a Room Deposit on file, must submit their Room Deposit to the Office of Student Accounts by 12:00 PM August 20, 2021 or within three business days of the student’s approval to return, whichever is earlier. The purpose of the Room Deposit is to cover losses the College may incur as a result of the Student’s failure to comply with the terms of this Contract, including but not limited to the Student’s failure to pay any installment of the Room fee and to reimburse the College for repairing those damages described in Paragraph 4.3 above. If the College applies any of the Room Deposit for such purposes, the Student shall immediately replenish the Room Deposit (unless the Contract Period has ended and the Student does not intend to occupy a Room in the subsequent academic year). The College may co-mingle the Room Deposit with other funds held by the College, and the College has no obligation to pay any interest on the Room Deposit. The College will return the Room Deposit to the Student as soon as practicable following termination of the Contract, but only if at such time (1) the Student’s Room (including furniture and furnishings) is found in the same condition as when the Student first took possession, ordinary wear and tear excepted, and (2) the Student has settled in full all accounts and debts owing to the College including, but not limited to, all charges, costs, assessments, fees and fines, and any amounts described in Paragraph 4.3 above. If not so paid by the Student, the College shall have the right to deduct all such amounts from the Room Deposit and, if the Room Deposit is inadequate to cover such damages and nonpayment, to recover from the Student all sums required to repair such damages and pay such accounts in full. Notwithstanding anything in this Section 4.4 to the contrary, if the Student intends to occupy a Room for any portion of the academic year following the end of the Contract Period, the Student hereby authorizes the College to apply the Room Deposit to the deposit required by the Housing Contract for such subsequent year; provided, however, if (1) the new Housing Contract requires a larger deposit than set forth herein or (2) the College has applied any portion of the...
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