Common use of Termination by Bay State Clause in Contracts

Termination by Bay State. In the event that Bay State terminates this agreement due to a cause beyond its control, such as fire, natural catastrophe, strike, war or civil disturbance, or by virtue of the order of any Federal, state or municipal authority, Bay State shall refund a portion of any funds already paid, in accordance with any reasonable formula determined by Bay State. This accounts for the balance of the unexpired term and the administrative expense incurred by Bay State, and such formula need not be based solely on the proration on a per diem formula. In no case shall Bay State be liable to Resident in excess of the amount, if any, determined hereunder to be due to Resident as a refund.

Termination by Bay State. In the event that Bay State terminates this agreement due to a cause beyond its control, such as fire, natural catastrophe, strike, war or civil disturbance, or by virtue of the order of any Federal, state or municipal authority, Bay State shall refund a portion of any funds already paid, in accordance with any reasonable formula determined by Bay State. This accounts for the balance of the unexpired term and the administrative expense incurred by Bay State, and such formula need not be based solely on the proration on a per diem formula. In no case shall Bay State be liable to Resident Client in excess of the amount, if any, determined hereunder to be due to Resident Client as a refund.

Termination by Bay State. In the event that Bay State terminates this agreement due to a cause beyond its control, such as fire, natural catastrophe, strike, war or civil disturbance, or by virtue of the order of any Federal, state or municipal authority, Bay State shall refund a portion of any funds already paid, in accordance with any reasonable formula determined by Bay State. This accounts for the balance of the unexpired term and the administrative expense incurred by Bay State, and such formula need not be based solely on the proration on a per diem formula. In no case shall Bay State be liable to Resident Student and/or Parent/Guardian in excess of the amount, if any, determined hereunder to be due to Resident Student and/or Parent/Guardian as a refund.