Common use of Usage Fees Clause in Contracts

Usage Fees. In return for the authorization specified in this Housing Agreement and the other services that you will provide me with in accordance with the provisions set forth in this Housing Agreement and/or the Regulations, I undertake to pay the University monthly usage fees during the Period of the Agreement in the amount specified in the preamble to this Housing Agreement for every month and the proportionate fee for part of a month (hereinafter: "Usage Fees"), plus the additional amounts, under the terms and on the dates specified hereunder. In the event of changes in the type of accommodation during the year from a single's dormitory to a married couple's dormitory, a new Housing Agreement shall be signed according to the type of dormitory and its rental fee. 7.1. The terms and dates of the usage fee charge are as follows: 7.1.1. I shall pay Usage Fees on the 20-21 of each month with my authorization to debit my bank account and the fees shall be linked to the Consumer Price Index (published by the Central Bureau of Statistics), or as it will be changed from time to time (hereinafter: "the Index"), with the basic index being the Index specified in the preamble to this Housing Agreement, while the new Index will be known at the time of each payment or on the day scheduled for payment, whichever is higher, or by means of a cash advance voucher to be paid at the bank for the entire Period of the Agreement (the dormitory management will be allowed to collect the rent on other dates and will notify the residents in advance). The additional amounts, as definition above, shall be paid to the University from time to time and on the dates set forth by the University, with my authorization to debit my bank account, and they shall be linked to the Index, as specified in the previous paragraph. 7.1.2. The amount of the Usage Fees is not final and shall change from time to time at the discretion of the University, when among the considerations is the cost of maintaining the dormitory and the cost of ancillary services. I undertake to pay for any price increase and/or change in Usage Fees as decided by the University for any reason, at the rates and on the dates determined by the University and subject to the provisions set forth in Section 7.1 above, including a change in the rental rate resulting from a transfer from a double room to a single room or from a singles dormitory to a family dormitory. 7.1.3. It is agreed that should the University decide to increase the rent during the Period of the Agreement by more than 10%, the resident shall be entitled to terminate this Agreement, provided that the Agreement is terminated and the keys are returned within one month from the date the rent increase is announced. This does not detract from the resident’s obligation to pay for the full period that he/she resided in the dorms. 7.1.4. If I default in making any of the payments specified in Sections 6 and/or 7 of this Housing Agreement, or do not make payments on time, and/or if I terminate and/or do not honor the authorization letter to debit my account for any reason, without derogating from that stated in Section 10 below, I shall be charged with index-linked interest in arrears at a rate of 0.032% for each day of default as of the date the payments are due and until the payments are made. 7.1.5. I am aware that Usage Fees and the additional amounts may be paid solely by authorization to debit my bank account and that no other payment shall be accepted except for advance cash payment paid at the Bank for the entire Period of the Agreement.

Appears in 5 contracts

Samples: Housing Agreement, Housing Agreement, Housing Agreement

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Usage Fees. In return for consideration of the authorization specified that is described in this Housing Agreement and letter of authorization/residence agreement as well as the other services that you will provide to me with pursuant to what is stated in accordance with this letter of authorization/residence agreement and/or Regulations, I commit to pay the provisions University, during the course of the authorization period, monthly usage fees in the sum that is set forth in this Housing Agreement and/or the Regulations, I undertake to pay the University monthly usage fees during the Period of the Agreement in the amount specified in the preamble introduction to this Housing Agreement letter of authorization/residence agreement for every each month and the proportionate fee for part as well as a pro rata share of a month (hereinafter: "Usage Fees"), the “usage fees”) plus the additional amounts, sums under the terms and on the dates specified hereunderthat will be set forth below. In the event of changes in a change over the type course of accommodation during the year from a single's dormitory the singles student housing to a married couple's dormitorythe couples student housing, a new Housing Agreement shall letter of authorization/residence agreement will be signed according executed based on the rate that is appropriate to the type of dormitory and its rental feestudent housing. 7.1. 7.1 The following are the charge terms and dates of the usage fee charge are as followsdates: 7.1.1. I shall pay Usage Fees 7.1.1 The usage fees will be paid to you on a monthly basis on the 20-21 21st of each month with my by authorization to debit charge my bank account account, and the fees shall they will be linked to the Consumer Price Index consumer price index (which is published by the Central Bureau of for Statistics), ) or as it will shall be changed from time to time (hereinafter: "the Index"“index”), with the . The basic index being is the Index specified index as set forth in the preamble introduction to this Housing Agreementletter of authorization/residence agreement, while and the new Index will be index is the higher of the index known at the time of that each actual payment or on is made and the day scheduled for payment, whichever is higher, or by means of index at the intended payment date. Usage fees may also be paid through a cash advance payment voucher to that will be paid at in the bank for the entire Period authorization period. (The Student Housing Administration is entitled to collect rental fee payments on other dates, and will provide timely notice of the Agreement (same to the dormitory management residents.) Additional sums, as they are defined above, will be allowed to collect the rent on other dates and will notify the residents in advance). The additional amounts, as definition above, shall be paid by me to the University from time to time and on the dates set forth that the University shall determine, by the University, with my authorization to debit charge my bank account, and they shall will be linked to the Index, index as specified mentioned in the previous paragraph. 7.1.2. 7.1.2 The amount of the Usage Fees usage fees is not final and shall change will be changed from time to time at the discretion of the University’s determination and discretion, when among the based on considerations is such as the cost of maintaining the dormitory dormitories and the cost of ancillary services. I undertake commit to pay for any price every increase and/or change in Usage Fees as decided by the usage fees that the University will determine for any reason, reason whatsoever at the rates and on the dates determined set by the University and subject to the provisions set forth in of Section 7.1 7.1, above, including a change in the changes to rental rate resulting fee rates that derive from a transfer move from double-occupancy to single-occupancy rooms, from a double room singles residence to a single room family housing, or from a singles dormitory to a family dormitorymove between dormitories. 7.1.3. 7.1.3 It is agreed that should in the event that the University decide decides to increase raise the rent rental fees during the Period course of the Agreement period of this agreement by more than 10%% of the rental fee, the resident shall will be entitled to terminate cancel this Agreement, contract provided that the Agreement is terminated contract will be canceled and the keys are key will be returned within one month from the date of notice of the rent increase is announcedrental fee increase. This The above does not detract derogate from the resident’s obligation to pay for the full entire period that in which he/she resided actually resides in the dormsdormitories. 7.1.4. 7.1.4 If I default in making do not make any of the payments specified stated above in Sections 6 and/or 7 of to this Housing Agreementauthorization letter/residence agreement, or I do not make payments on time, and/or if I terminate and/or do not honor cancel the authorization letter to debit charge my bank account and/or it is not honored, for any reason, without derogating from that what is stated in Section 10 below, I shall will be charged with index-interest on arrears linked interest in arrears at a rate of 0.032% for each every day of default as of arrears starting on the date on which the payments are were due and until the payments are madeactual payment thereof. 7.1.5. 7.1.5 I am aware that Usage Fees the usage fees and the additional amounts sums may only be paid solely by through an authorization to debit charge my bank account or a standing order to charge my credit card, and that no other payment shall will be accepted except for other than advance cash payment that is paid at the Bank bank for the entire Period period of the Agreementauthorization.

Appears in 2 contracts

Samples: Residence Agreement, Residence Agreement

Usage Fees. In return for consideration of the authorization specified that is described in this Housing Agreement and letter of authorization/residence agreement as well as the other services that you will provide to me with pursuant to what is stated in accordance with this letter of authorization/residence agreement and/or Regulations, I commit to pay the provisions University, during the course of the authorization period, monthly usage fees in the sum that is set forth in this Housing Agreement and/or the Regulations, I undertake to pay the University monthly usage fees during the Period of the Agreement in the amount specified in the preamble introduction to this Housing Agreement letter of authorization/residence agreement for every each month and the proportionate fee for part as well as a pro rata share of a month (hereinafter: "Usage Fees"), the “usage fees”) plus the additional amounts, sums under the terms and on the dates specified hereunderthat will be set forth below. In the event of changes in a change over the type course of accommodation during the year from a single's dormitory the singles student housing to a married couple's dormitorythe couples student housing, a new Housing Agreement shall letter of authorization/residence agreement will be signed according executed based on the rate that is appropriate to the type of dormitory and its rental feestudent housing. 7.1. 7.1 The following are the charge terms and dates of the usage fee charge are as followsdates: 7.1.1. I shall pay Usage Fees 7.1.1 The usage fees will be paid to you on a monthly basis on the 20-21 21st of each month with my by authorization to debit charge my bank account account, and the fees shall they will be linked to the Consumer Price Index consumer price index (which is published by the Central Bureau of Statistics), for Statistics ) or as it will shall be changed from time to time (hereinafter: "the Index"“index”), with the . The basic index being is the Index specified index as set forth in the preamble introduction to this Housing Agreementletter of authorization/residence agreement, while and the new Index will be index is the higher of the index known at the time of that each actual payment or on is made and the day scheduled for payment, whichever is higher, or by means of index at the intended payment date. Usage fees may also be paid through a cash advance payment voucher to that will be paid at in the bank for the entire Period authorization period. (The Student Housing Administration is entitled to collect rental fee payments on other dates, and will provide timely notice of the Agreement (same to the dormitory management residents.) Additional sums, as they are defined above, will be allowed to collect the rent on other dates and will notify the residents in advance). The additional amounts, as definition above, shall be paid by me to the University from time to time and on the dates set forth that the University shall determine, by the University, with my authorization to debit charge my bank account, and they shall will be linked to the Index, index as specified mentioned in the previous paragraph. 7.1.2. 7.1.2.1 The amount of the Usage Fees usage fees is not final and shall change will be changed from time to time at the discretion of the University’s determination and discretion, when among the based on considerations is such as the cost of maintaining the dormitory dormitories and the cost of ancillary services. I undertake commit to pay for any price every increase and/or change in Usage Fees as decided by the usage fees that the University will determine for any reason, reason whatsoever at the rates and on the dates determined set by the University and subject to the provisions set forth in of Section 7.1 7.1, above, including a change in the changes to rental rate resulting fee rates that derive from a transfer move from double-occupancy to single-occupancy rooms, from a double room singles residence to a single room family housing, or from a singles dormitory to a family dormitorymove between dormitories. 7.1.3. 7.1.2.2 It is agreed that should in the event that the University decide decides to increase raise the rent rental fees during the Period course of the Agreement period of this agreement by more than 10%% of the rental fee, the resident shall will be entitled to terminate cancel this Agreement, contract provided that the Agreement is terminated contract will be canceled and the keys are key will be returned within one month from the date of notice of the rent increase is announcedrental fee increase. This The above does not detract derogate from the resident’s obligation to pay for the full entire period that in which he/she resided actually resides in the dormsdormitories. 7.1.4. If I default in making any of the payments specified in Sections 6 and/or 7 of this Housing Agreement, or do not make payments on time, and/or if I terminate and/or do not honor the authorization letter to debit my account for any reason, without derogating from that stated in Section 10 below, I shall be charged with index-linked interest in arrears at a rate of 0.032% for each day of default as of the date the payments are due and until the payments are made. 7.1.5. I am aware that Usage Fees and the additional amounts may be paid solely by authorization to debit my bank account and that no other payment shall be accepted except for advance cash payment paid at the Bank for the entire Period of the Agreement.

Appears in 2 contracts

Samples: Residence Agreement, Residence Agreement

Usage Fees. In return for consideration of the authorization specified that is described in this Housing Agreement and letter of authorization/residence agreement as well as the other services that you will provide to me with pursuant to what is stated in accordance with this letter of authorization/residence agreement and/or Regulations, I commit to pay the provisions University, during the course of the authorization period, monthly usage fees in the sum that is set forth in this Housing Agreement and/or the Regulations, I undertake to pay the University monthly usage fees during the Period of the Agreement in the amount specified in the preamble introduction to this Housing Agreement letter of authorization/residence agreement for every each month and the proportionate fee for part as well as a pro rata share of a month (hereinafter: "Usage Fees"), the “usage fees”) plus the additional amounts, sums under the terms and on the dates specified hereunderthat will be set forth below. In the event of changes in a change over the type course of accommodation during the year from a single's dormitory the singles student housing to a married the couple's dormitorystudent housing, a new Housing Agreement shall letter of authorization/residence agreement will be signed according executed based on the rate that is appropriate to the type of dormitory and its rental feestudent housing. 7.1. 7.1 The following are the charge terms and dates of the usage fee charge are as followsdates: 7.1.1. I shall pay Usage Fees 7.1.1 The usage fees will be paid to you on a monthly basis on the 20-21 21st of each month with my by authorization to debit charge my bank account account, and the fees shall they will be linked to the Consumer Price Index consumer price index (which is published by the Central Bureau of for Statistics), ) or as it will shall be changed from time to time (hereinafter: "the Index"“index”), with the . The basic index being is the Index specified index as set forth in the preamble introduction to this Housing Agreementletter of authorization/residence agreement, while and the new Index will be index is the higher of the index known at the time of that each actual payment or on is made and the day scheduled for payment, whichever is higher, or by means of index at the intended payment date. Usage fees may also be paid through a cash advance payment voucher to that will be paid at in the bank for the entire Period of the Agreement authorization period. (the dormitory management will be allowed The Student Housing Administration is entitled to collect the rent rental fee payments on other dates and will notify provide timely notice of the residents in advance). The additional amountssame to the residents.) Additional sums, as definition they are defined above, shall will be paid by me to the University from time to time and on the dates set forth that the University shall determine, by the University, with my authorization to debit charge my bank account, and they shall will be linked to the Index, index as specified mentioned in the previous paragraph. 7.1.2. 7.1.2.1 The amount of the Usage Fees usage fees is not final and shall change will be changed from time to time at the discretion of the University’s determination and discretion, when among the based on considerations is such as the cost of maintaining the dormitory dormitories and the cost of ancillary services. I undertake commit to pay for any price every increase and/or change in Usage Fees as decided by the usage fees that the University will determine for any reason, reason whatsoever at the rates and on the dates determined set by the University and subject to the provisions set forth in of Section 7.1 7.1, above, including a change in the changes to rental rate resulting fee rates that derive from a transfer move from double-occupancy to single-occupancy rooms, from a double room singles residence to a single room family housing, or from a singles dormitory to a family dormitorymove between dormitories. 7.1.3. 7.1.2.2 It is agreed that should in the event that the University decide decides to increase raise the rent rental fees during the Period course of the Agreement period of this agreement by more than 10%% of the rental fee, the resident shall will be entitled to terminate cancel this Agreement, contract provided that the Agreement is terminated contract will be canceled, and the keys are key will be returned within one month from the date of notice of the rent increase is announcedrental fee increase. This The above does not detract derogate from the resident’s obligation to pay for the full entire period that in which he/she resided actually resides in the dormsdormitories. 7.1.4. If I default in making any of the payments specified in Sections 6 and/or 7 of this Housing Agreement, or do not make payments on time, and/or if I terminate and/or do not honor the authorization letter to debit my account for any reason, without derogating from that stated in Section 10 below, I shall be charged with index-linked interest in arrears at a rate of 0.032% for each day of default as of the date the payments are due and until the payments are made. 7.1.5. I am aware that Usage Fees and the additional amounts may be paid solely by authorization to debit my bank account and that no other payment shall be accepted except for advance cash payment paid at the Bank for the entire Period of the Agreement.

Appears in 2 contracts

Samples: Residence Agreement, Residence Agreement

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Usage Fees. In return for consideration of the authorization specified that is described in this Housing Agreement and letter of authorization/residence agreement as well as the other services that you will provide to me with pursuant to what is stated in accordance with this letter of authorization/residence agreement and/or Regulations, I commit to pay the provisions University, during the course of the authorization period, monthly usage fees in the sum that is set forth in this Housing Agreement and/or the Regulations, I undertake to pay the University monthly usage fees during the Period of the Agreement in the amount specified in the preamble introduction to this Housing Agreement letter of authorization/residence agreement for every each month and the proportionate fee for part as well as a pro rata share of a month (hereinafter: "Usage Fees"), the “usage fees”) plus the additional amounts, sums under the terms and on the dates specified hereunderthat will be set forth below. In the event of changes in a change over the type course of accommodation during the year from a single's dormitory the singles student housing to a married the couple's dormitorystudent housing, a new Housing Agreement shall letter of authorization/residence agreement will be signed according executed based on the rate that is appropriate to the type of dormitory and its rental feestudent housing. 7.1. 7.1 The following are the charge terms and dates of the usage fee charge are as followsdates: 7.1.1. I shall pay Usage Fees 7.1.1 The usage fees will be paid to you on a monthly basis on the 20-21 21st of each month with my by authorization to debit charge my bank account account, and the fees shall they will be linked to the Consumer Price Index consumer price index (which is published by the Central Bureau of for Statistics), ) or as it will shall be changed from time to time (hereinafter: "the Index"“index”), with the . The basic index being is the Index specified index as set forth in the preamble introduction to this Housing Agreementletter of authorization/residence agreement, while and the new Index will be index is the higher of the index known at the time of that each actual payment or on is made and the day scheduled for payment, whichever is higher, or by means of index at the intended payment date. Usage fees may also be paid through a cash advance payment voucher to that will be paid at in the bank for the entire Period authorization period. (The Student Housing Administration is entitled to collect rental fee payments on other dates, and will provide timely notice of the Agreement (same to the dormitory management residents.) Additional sums, as they are defined above, will be allowed to collect the rent on other dates and will notify the residents in advance). The additional amounts, as definition above, shall be paid by me to the University from time to time and on the dates set forth that the University shall determine, by the University, with my authorization to debit charge my bank account, and they shall will be linked to the Index, index as specified mentioned in the previous paragraph. 7.1.2. 7.1.2 The amount of the Usage Fees usage fees is not final and shall change will be changed from time to time at the discretion of the University’s determination and discretion, when among the based on considerations is such as the cost of maintaining the dormitory dormitories and the cost of ancillary services. I undertake commit to pay for any price every increase and/or change in Usage Fees as decided by the usage fees that the University will determine for any reason, reason whatsoever at the rates and on the dates determined set by the University and subject to the provisions set forth in of Section 7.1 7.1, above, including a change in the changes to rental rate resulting fee rates that derive from a transfer move from double-occupancy to single-occupancy rooms, from a double room singles residence to a single room family housing, or from a singles dormitory to a family dormitorymove between dormitories. 7.1.3. 7.1.3 It is agreed that should if the University decide decides to increase raise the rent rental fees during the Period period of the Agreement this agreement by more than 10%% of the rental fee, the resident shall will be entitled to terminate cancel this Agreement, contract provided that the Agreement is terminated contract will be canceled, and the keys are key will be returned within one month from the date of notice of the rent increase is announcedrental fee increase. This The above does not detract derogate from the resident’s obligation to pay for the full entire period that in which he/she resided resides in the dormsdormitories. 7.1.4. 7.1.4 If I default in making do not make any of the payments specified stated above in Sections 6 and/or 7 of to this Housing Agreementauthorization letter/residence agreement, or I do not make payments on time, and/or if I terminate and/or do not honor cancel the authorization letter to debit charge my bank account and/or it is not honored, for any reason, without derogating from that what is stated in Section 10 below, I shall will be charged with index-interest on arrears linked interest in arrears at a rate of 0.032% for each every day of default as of arrears starting on the date on which the payments are were due and until the payments are madeactual payment thereof. 7.1.5. 7.1.5 I am aware that Usage Fees the usage fees and the additional amounts sums may only be paid solely by through an authorization to debit charge my bank account or a standing order to charge my credit card, and that no other payment shall will be accepted except for other than advance cash payment that is paid at the Bank bank for the entire Period period of the Agreementauthorization.

Appears in 1 contract

Samples: Residence Agreement

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