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Common use of Room Deposit Clause in Contracts

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.

Appears in 2 contracts

Samples: Student Occupancy Licence Agreement, Student Occupancy Licence Agreement

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 33 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 b9(b), 9(c) and 7 c9(e), 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 Business Days of expiry or earlier termination to the Australian Credit Card you used to pay your Room Deposit; or (ii) within 56 days Business 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 daysBusiness Days, or to your nominated international bank account within 56 daysBusiness Days. (e) You acknowledge and agree that there may be delays in receiving any refund of your Room Deposit beyond the timeframes described in clause 9(d) due to University shut down periods as published on the University’s website. (f) 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(g) No interest is payable by the University on your Room Deposit.

Appears in 1 contract

Samples: Student Occupancy Licence Agreement

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 33 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 9 b), 9 c) and 7 c9 e), 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 Business Days of expiry or earlier termination to the Australian Credit Card you used to pay your Room Deposit; or ii) within 56 days Business 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 daysBusiness Days, or to your nominated international bank account within 56 daysBusiness Days. e) You acknowledge and agree that there may be delays in receiving any refund of your Room Deposit beyond the timeframes described in clause 9 d) due to University shut down periods as published on the University’s website. f) 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. fg) No interest is payable by the University on your Room Deposit.

Appears in 1 contract

Samples: Student Occupancy Licence Agreement