Common use of Spring Only Contracts Clause in Contracts

Spring Only Contracts. If I am a new first-time attending student and I cancel the Contract before December 1, I will not incur a cancellation fee and I will be refunded the $150 advance payment. If I am a new first-time attending student and I cancel the Contract after December 1, but before occupancy, I will incur a cancellation fee of 50% of the room and board costs for the period of the Contract, unless cancellation is in accordance with Section 9.4. I understand that I forfeit the $150 advance payment. If I am a new first-time attending student and I cancel the Contract after occupancy, I will incur a cancellation fee of 75% of the room and board costs for the period of the Contract, unless cancellation is in accordance with Section 9.4. I understand that I forfeit the $150 advance payment.

Spring Only Contracts. If I am a new first-time attending returning or continuing student and I cancel the Contract before December 1, I will not incur a cancellation fee and I will be refunded the $150 advance payment. If I am a new first-time attending returning or continuing student and I cancel the Contract after December 1, but before occupancy, I will incur a cancellation fee of 50% of the room and board costs for the period of the Contract, unless cancellation is in accordance with Section 9.4. I understand that I forfeit the $150 advance payment. If I am a new first-time attending returning or continuing student and I cancel the Contract after occupancy, I will incur a cancellation fee of 75% of the room and board costs for the period of the Contract, unless cancellation is in accordance with Section 9.4. I understand that I forfeit the $150 advance payment.