Common use of Space Buyout Clause in Contracts

Space Buyout. When space is available, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(s) additional space. The reduced occupancy option may include a two-person room used as a single room, or any four-, five-, six-, seven-, or eight-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 2 contracts

Samples: Housing Agreement, Housing Agreement

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Space Buyout. When space is available, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(sresident(s) additional space. The reduced occupancy option may include a two-person room used as a single room, or any four-, five-, six-six- , seven-, seven- or eight-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 2 contracts

Samples: University of Cincinnati, University of Cincinnati

Space Buyout. When space is available, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(sresident(s) additional space. The reduced occupancy option may include a two-person room used as a single room, or any four-, five-, six-, seven-, seven- or eight-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 2 contracts

Samples: Housing Agreement, Housing Agreement

Space Buyout. When space is available, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(sresident(s) additional space. The reduced occupancy option may include a two-person room used as a super-single room, or any four-, five-, six-six- , seven-, -seven or eight-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 1 contract

Samples: University of Cinicinnati

Space Buyout. When space is availableavail- able, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(sresident(s) additional space. The reduced occupancy option may include a two-person room used as a super-single room, or any four-, five-, six-, seven-, -seven or eight-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 1 contract

Samples: Housing Agreement

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Space Buyout. When space is available, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(sresident(s) additional space. The reduced occupancy option may include a two-person room used as a super-single room, or any four-, five-, six-, seven-, six- or eightseven-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 1 contract

Samples: University of Cinicinnati

Space Buyout. When space is availableavail- able, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(sresident(s) additional addi- tional space. The reduced occupancy option may include a two-person room used as a super-single room, or any four-, five-, six-, seven-, six- or eightseven-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 1 contract

Samples: Housing Agreement

Space Buyout. When space is available, HFS may offer the Residents an option for reduced occupancy in the room or suite. There is an additional charge for Residents who live in rooms which are not occupied to capacity but wish to retain the reduced occupancy to give the remaining Resident(s) additional space. The reduced occupancy option may include a two-person room used as a single room, or any four-, five-, six-six, seven-, or eight-person room used at a lesser capacity. HFS may restrict the number of reduced bed spaces allowed per room. For further information on buyout, contact HFS.

Appears in 1 contract

Samples: Housing Agreement

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