Common use of TERMINATING AN AGREEMENT Clause in Contracts

TERMINATING AN AGREEMENT. Contract-Breaker Fees Contract-Breaker Rate: Students who move out of housing and are not eligible to break their contract or who are removed from housing because they did not comply with the terms of this agreement are required to pay housing charges at a “contract-breaker” rate for the remainder of the academic year as long as there are vacancies in their category of housing (e.g. single male graduate, single female undergraduate). The “contract-breaker” rate is the lowest rate for the category of housing to which you are assigned, exclusive of house dues and technology fees. For undergraduate students this is the standard residence room rate. The co-op rate does not apply because students are required to work ten hours per week in the co-op to get that rate, which you are unable to do if you are not living in the co-op. If no vacancies remain in the departing student’s category of housing (i.e. single undergraduate housing, single graduate housing, etc.) by the end of the assignment period for that quarter (the fifth Friday of the quarter), the student will be released from contract (and hence the rental obligation) upon payment of an administrative fee of $450 for such release. Contract-Release Fee: Students who are released from their housing contract through petition to R&DE Student Housing Assignments or released from the “contract-breaker” housing charges will be charged an administrative fee of $450 for such release. Termination of Occupancy Fee CANCELLING OR TERMINATING YOUR RESIDENCE AGREEMENT Students who are eligible to terminate their Residence Agreement (see above) at the end of a term will be subject to the following administrative fees if they file after the end of the fifth week of the quarter prior to their planned departure and depending on the date that they file their Termination of Occupancy form. They may also be charged contract breaker fees if applicable (see above).

Appears in 2 contracts

Samples: Hweolcmomee, Hweolcmomee

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TERMINATING AN AGREEMENT. Contract-Breaker Fees Contract-Breaker Rate: Students who move out of housing and are not eligible to break their contract or who are removed from housing because they did not comply with the terms of this agreement are required to pay housing charges at a “contract-breaker” rate for the remainder of the academic year as long as there are vacancies in their category of housing (e.g. single male graduate, single female undergraduate). The “contract-breaker” rate is the lowest rate for the category of housing to which you are assigned, exclusive of house dues and technology fees. For undergraduate students this is the standard residence R&DE Student Housing 2019-20 Residence Agreement room rate. The co-op rate does not apply because students are required to work ten hours per week in the co-op to get that rate, which you are unable to do if you are not living in the co-op. If no vacancies remain in the departing student’s category of housing (i.e. single undergraduate housing, single graduate housing, etc.) by the end of the assignment period for that quarter (the fifth Friday of the quarter), the student will be released from contract (and hence the rental obligation) upon payment of an administrative fee of $450 for such release. Contract-Release Fee: Students who are released from their housing contract through petition to R&DE Student Housing Assignments or released from the “contract-breaker” housing charges will be charged an administrative fee of $450 for such release. Termination of Occupancy Fee CANCELLING OR TERMINATING YOUR RESIDENCE AGREEMENT Students who are eligible to terminate their Residence Agreement (see above) at the end of a term will be subject to the following administrative fees if they file after the end of the fifth week of the quarter prior to their planned departure and depending on the date that they file their Termination of Occupancy form. They may also be charged contract breaker fees if applicable (see above).

Appears in 2 contracts

Samples: Residence Agreement, Residence Agreement

TERMINATING AN AGREEMENT. Contract-Breaker Fees Contract-Breaker Rate: Students who move out of housing and are not eligible to break their contract or who are removed from housing because they did not comply with the terms of this agreement are required to pay housing charges at a “contract-breaker” rate for the remainder of the academic year as long as there are vacancies in their category of housing (e.g. single male graduate, single female undergraduate). The “contract-breaker” rate is the lowest rate for the category of housing to which you are assigned, exclusive of house dues and technology fees. For undergraduate students this is the standard residence room rate. The co-op rate does not apply because students are required to work ten hours per week in the co-op to get that rate, which you are unable to do if you are not living in the co-op. If no vacancies remain in the departing student’s category of housing (i.e. single undergraduate housing, single graduate housing, etc.) by the end of the assignment period for that quarter (the fifth Friday of the quarter), the student will be released from contract (and hence the rental obligation) upon payment of an administrative fee of $450 for such release. Contract-Release Fee: Students who are released from their housing contract through petition to R&DE Student Housing Assignments or released from the “contract-breaker” housing charges will be charged an administrative fee of $450 for such release. Termination of Occupancy Fee CANCELLING OR TERMINATING YOUR RESIDENCE AGREEMENT Students who are eligible to terminate their Residence Agreement (see above) at the end of a term will be subject to the following administrative fees if they file after the end of the fifth week of the quarter prior to their planned departure and depending on the date that they file their Termination of Occupancy form. They may also be charged contract breaker fees if applicable (see above).

Appears in 1 contract

Samples: Hweolcmomee

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TERMINATING AN AGREEMENT. Contract-Breaker Fees Contract-Breaker Rate: Students who move out of housing and are not eligible to break their contract or who are removed from housing because they did not comply with the terms of this agreement are required to pay housing charges at a “contract-breaker” rate for the remainder of the academic year as long as there are vacancies in their category of housing (e.g. e.g., single male graduate, single female undergraduate). The “contract-breaker” rate is the lowest rate for the category of housing to which you are assigned, exclusive of house dues and technology fees. For undergraduate students this is the standard residence room rate. The co-op rate does not apply because students are required to work ten hours per week in the co-op to get that rate, which you are unable to do if you are not living in the co-op. If no vacancies remain in the departing student’s category of housing (i.e. single undergraduate housing, single graduate housing, etc.) by the end of the assignment period for that quarter (the fifth Friday of the quarter), the student will be released from contract (and hence the rental obligation) upon payment of an administrative fee of $450 for such release. Contract-Release Fee: Students who are released from their housing contract through petition to R&DE Student Housing Assignments or released from the “contract-breaker” housing charges will be charged an administrative fee of $450 for such release. Termination of Occupancy Fee CANCELLING OR TERMINATING YOUR RESIDENCE AGREEMENT Students who are eligible to terminate their Residence Agreement (see above) at the end of a term will be subject to the following administrative fees if they file after the end of the fifth week of the quarter prior to their planned departure and depending on the date that they file their Termination of Occupancy form. They may also be charged contract breaker fees if applicable (see above).

Appears in 1 contract

Samples: Hweolcmomee

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