Common use of Room Deposit Clause in Contracts

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.

Appears in 2 contracts

Samples: Occupancy Agreement, Occupancy Agreement

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Room Deposit. β€Œ (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 after expiry or termination of this Agreement 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.

Appears in 2 contracts

Samples: Occupancy Agreement, Occupancy Agreement

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 after expiry or termination of this Agreement 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 caused any damage to the furniture, fittings, equipment or common areas of the Facility; and (iii) 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 conditioncondition and/or repair any damage caused by the Occupant to the Facility. (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.

Appears in 2 contracts

Samples: Occupancy Agreement, Occupancy Agreement

Room Deposit. β€Œ (a) The Occupant shall will 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 after expiry or termination of this Agreement 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: (ig) owes arrears at the termination of this Agreement; or (iih) 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. (gi) The Occupant acknowledges that no interest earned on the Room Deposit shall be paid to the Occupant.

Appears in 2 contracts

Samples: Occupancy Agreement, Occupancy Agreement

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Room Deposit. (a) The Occupant shall will 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 after expiry or termination of this Agreement 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 caused any damage to the furniture, fittings, equipment or common areas of the Facility; and (iii) 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 conditioncondition and/or repair any damage caused by the Occupant to the Facility. (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: (ig) owes arrears at the termination of this Agreement; or (iih) 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. (gi) The Occupant acknowledges that no interest earned on the Room Deposit shall be paid to the Occupant.

Appears in 1 contract

Samples: Occupancy Agreement

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 after expiry or termination of this Agreement 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.

Appears in 1 contract

Samples: Occupancy Agreement

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