Common use of Treatment of Indebtedness Clause in Contracts

Treatment of Indebtedness. Failure of Licensee to satisfy the financial obligations of this License Agreement may result in one or more of the following: 1. Imposition of a late fee in accordance with the fee schedule. 2. Withholding of University services pursuant to subsection 42380, et seq., California Code of Regulations, Title 5, Division 5, Chapter 1, Subchapter 5, Article 11. This includes items such as: availability of official transcripts and/or denial of registration. 3. Offset of paychecks, loans, grants, or scholarships payable through the University, and/or income tax refunds or rebates. 4. Revocation of the License Agreement. 5. Legal action to collect unpaid obligations.

Treatment of Indebtedness. Failure of Licensee to satisfy the financial obligations of this License Agreement may result in one or more of the following: 1. Imposition of a late fee in accordance with the fee schedule. 2. Withholding of University services pursuant to subsection 42380, et seq., California Code of Regulations, ; Title 5, ; Division 5, ; Chapter 1, ; Subchapter 5, ; Article 11. This includes items such as: availability of official transcripts and/or denial of registration. 3. Offset of paychecks, loans, grants, or scholarships scholarship payable through the University, and/or income tax refunds or rebates. 4. Revocation of the License Agreement. 5. Legal action to collect unpaid obligations.

Treatment of Indebtedness. Failure of Licensee to satisfy the financial obligations of this License Agreement may result in one or more of the following: 1. a. Imposition of a late fee in accordance with the fee schedule. 2. b. Withholding of University services pursuant to subsection 42380, et seq., California Code of Regulations, ; Title 5, ; Division 5, ; Chapter 1, ; Subchapter 5, ; Article 11. This includes items such as: availability of official transcripts and/or denial of registration. 3. c. Offset of paychecks, loans, grants, or scholarships scholarship payable through the University, and/or income tax refunds or rebates. 4. d. Revocation of the License AgreementAgreement / Eviction. 5. e. Legal action to collect unpaid obligations.