Space Reservation Fee Sample Clauses

Space Reservation Fee. A. After serving the purpose of reserving space for the beginning semester of the term of contract, the space reservation fee will be applied to the University Housing fees during the spring semester of the final term of the contract. A credit for the $300 space reservation fee will be applied to the resident’s University account once the deadline for contract changes has passed for that semester. B. In response to the request to reserve space, University Housing will attempt to acknowledge in writing that appropriate materials have been received and that space is being reserved. C. If the resident, through appropriate procedure outlined in this Section, releases the reserved space by written notice to University Housing (received and/or postmarked by dates indicated), the space reservation fee is refundable as follows, provided the resident has compiled with the terms and conditions of the contract: i. $150 refund (50% of the space reservation fee) when written notice of space release is received or postmarked through June 1st (when the term of the contract begins with autumn semester); December 15th (when the term of the contract begins with spring semester). ii. Forfeiture (no refund) of the space reservation fee if the notice of space release is postmarked and/or received June 2nd or later (when the contract begins with autumn semester); December 16th (when the contract begins with spring semester). (See section 14 for contract cancellation deadlines.) iii. Forfeiture (no refund) of the space reservation fee if departure from housing results from academic dismissal, withdrawal, or non-enrollment during the term of contract. D. If space is not available, and/or the contract is not accepted by University Housing, the space reservation fee will be refunded in full. E. After serving the purpose of reserving space for the beginning semester of the term of contract, the space reservation fee will be applied to the University statement of account for the final spring semester of the contract term. F. Residents that terminate their housing contract prior to the final spring semester of the contract term or who are approved for a special residence arrangement pursuant to the University Housing Regulation prior to the final spring semester of the contract term forfeit their space reservation fee.
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Space Reservation Fee. To reserve the Licensed Space, the University charges a fee equal to one months’ payment. The Occupant agrees and understands that if s/he complies with the terms of this Housing Agreement, the University will return the space reservation fee to the Occupant within 30 days of the expiration of this License, minus $125.00 non-refundable maintenance fee and any deduction for damage to the Licensed Space or common space. If the student pays the reservation fee but is determined ineligible for residence or chooses not reside in the Licensed Space, refund is only available in the following limited circumstances: (a) 100% refundable if (i) the University refuses the student admission to the residence halls, or (ii) a new student withdraws in writing to the Office prior to 60 days before the first day of classes; or (b) 50% refundable minus $250.00 cancellation fee if a returning student decides not to live in graduate housing prior to one week before the start of classes.
Space Reservation Fee. A. After serving the purpose of reserving space for the beginning semester of the term of contract, the space reservation fee will be applied to the University Housing fees during the spring semester of the final term of the contract. A credit for the $300 space reservation fee will be applied to the resident’s University account once the deadline for contract changes has passed for that semester. B. In response to the request to reserve space, University Housing will attempt to acknowledge in writing that appropriate materials have been received and that space is being reserved. C. If the resident, through appropriate procedure outlined in this Section, releases the reserved space by written notice to University Housing (received and/or postmarked by dates indicated), the space reservation fee is refundable as follows, provided the resident has compiled with the terms and conditions of the contract: i. $150 refund (50% of the space reservation fee) when written notice of space release is received or postmarked through June 1st (when the term of the contract begins with autumn semester); December 15th (when the term of the contract begins with spring semester). ii. Forfeiture (no refund) of the space reservation fee if the notice of space release is postmarked and/or received June 2nd or later (when the contract begins with autumn semester); December 16th (when the contract begins with spring semester). (See section 14 for contract cancellation deadlines.)

Related to Space Reservation Fee

  • Construction Fee A fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitations on a Property.

  • Utilization Fee If the aggregate outstanding amount of (i) all Revolving Credit Advances hereunder and (ii) all "Revolving Credit Advances" under (and as defined in) the Three-Year Agreement exceeds thirty-three percent (33%) of the aggregate amount of (x) all Commitments hereunder and (y) all "Commitments" under (and as defined in) the Three-Year Agreement then in effect on such date (or, if any of the Commitments or "Commitments" have been terminated, the aggregate amount of all Commitments and "Commitments" in effect immediately prior to such termination), the Borrower will pay to the Agent for the ratable benefit of the Lenders a utilization fee (the "Utilization Fee") at a per annum rate equal to the Applicable Utilization Fee Rate in effect from time to time payable on the aggregate outstanding amount of all Revolving Credit Advances on such date, payable in arrears quarterly on the last day of each March, June, September and December, and on the Revolver Termination Date.

  • Modification Fee In consideration of the Lenders amending the Loan Agreement as provided herein, each Borrower jointly and severally agrees to pay to the Agent for the account of each Lender approving this Amendment (which approval is evidenced by its signature below) a modification fee in an amount equal to one-half of one percent (0.50%) of such Lender’s Commitment.

  • Reservation Deposit A deposit totaling 35% of the agreed upon total amount is due with acceptance of rental agreement. Payment of deposit shall be deemed as acceptance of this rental agreement. Payment may be made by major credit card service offered by WPVP at time of reservation. We accept VISA or MASTERCARD.

  • Utilization Fees For any day on which the aggregate amount of Loans then outstanding exceeds fifty percent (50%) of the Commitments then in effect, or if any Loans remain outstanding after the Commitments have been terminated, then Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Percentages a utilization fee accruing at a rate per annum equal to the Utilization Fee Rate on the aggregate amount of Loans outstanding on such date. Such utilization fee is payable in arrears on the last Business Day of each calendar quarter and on the Termination Date, and if the Commitments are terminated in whole prior to the Termination Date, the fee for the period to but not including the date of such termination shall be paid in whole on the date of such termination.

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

  • Property Management Fee For its services in managing the day-to-day operations of the Property in accordance with the terms of this Agreement, Company shall pay to Property Manager an annual property management fee (the “Property Management Fee”) equal to 4.0% of the Gross Revenue (as hereinafter defined). The Property Management Fee shall be prorated for any partial year and shall be payable in equal monthly installments, in advance. The Property Management Fee shall be payable on the first day of each month from the Operating Account or from other funds timely provided by the Company. Upon the expiration or earlier termination of this Agreement, the parties will prorate the Property Management Fee on a daily basis to the effective date of such expiration or termination. For purposes of this Agreement, the term “Gross Revenue” shall mean all gross collections from the operations of the Property, including, without limitation, rental receipts, late fees, application fees, pet fees, damages, lease buy-out payments, reimbursements by Tenants for common area expenses, operating expenses and taxes and similar pass-through obligations paid by Tenants, but shall expressly exclude (i) security deposits received from Tenants and interest accrued thereon for the benefit of the Tenants until such deposits or interest are included in the taxable income of the Company; (ii) advance rents (but not lease buy-out payments) until the month in which payments are to apply as rental income; (iii) reimbursements by Tenants for work done for a particular Tenant; (iv) proceeds from the sale or other disposition of all or any portion of the Property; (v) insurance proceeds received by the Company as a result of any insured loss (except proceeds from rent insurance or the excess of insurance proceeds for repairs over the actual costs of such repairs); (vi) condemnation proceeds not attributable to rent; (vii) capital contributions made by the Company; (viii) proceeds from capital, financing and any other transactions not in the ordinary course of the operation of the Property; (ix) income derived from interest on investments or otherwise; (x) abatement of taxes, awards arising out of takings by eminent domain and discounts and dividends on insurance policies; and (xi) rental concessions not paid by third parties.

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Thirty-Six Thousand, Eight Hundred Forty-Six Dollars and Twenty-Six Cents ($36,846.26). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items. Exhibit C- Project Assignment Page 2 of 4

  • Processing Fee At the time each Advance is made, Borrower shall pay to Lender the Processing Fee with respect to such Advance.

  • Rental Fee Is for one day only from 8:00 am to 12:00 midnight. Groups or Individuals requiring more than one day for their event will be charged a rental fee for each day required – no exceptions.

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