Room Deposit Sample Clauses

Room Deposit. (a) The Occupant shall pay a Room Deposit to the University that will be held on behalf of the Occupant during the term of this Agreement.
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Room Deposit. A $150.00 room deposit is required prior to execution of this contract. The deposit consists of a refundable $75.00, which will be sent electronically if arranged or by mail, if you have followed proper residence hall check-out procedures and there are no outstanding charges. Residents returning to the Residence Halls the following academic year must resubmit a $175.00 Housing deposit. There is no refund of the room deposit if you cancel your room contract, unless approved by the Director of Residence Life.
Room Deposit. In order to obtain on-campus residence, each student is required to submit $100 to the Department of Residence Life. This money is considered a security deposit and is fully refundable, based on the condition of room and furnishings upon vacating the Residence Halls. If terms and conditions of the Housing Agreement are broken, deposit monies are forfeit.
Room Deposit. A $100 security deposit is required with all applications. • Return of Deposit: The deposit will be returned in these instances: • The student notifies the housing office by July 20 (fall), January 2 (spring) or before move-in day for the summer terms that he/she wishes to withdraw the housing application. • The College is unable to place the student in housing. • The student moves out at the end of the contract period or the final two weeks of a semester and follows these procedures: a) complete check-out procedures with the residence hall director, b) successfully complete room inspection upon check-out and c) return all keys. • Forfeiture of Deposit: The following will result in forfeiture of a portion or all of the deposit: • Failure to notify the housing office of the desire to withdraw his/her housing application by the posted deadline, (July 20 (fall) or January 2 (spring) or before move-in day (summer)) • Moving out before the final two weeks of the semester • Failure to successfully complete check-out procedures with the residence hall director • Room or furnishings are damaged (student is responsible for any damages exceeding the deposit amount) • Room not cleaned upon check-out.
Room Deposit. Member agrees to payment of a $350 deposit prior to moving into room. His deposit will be returned upon conclusion of the Room Lease Term, provided that room is vacated without damage, all room keys and keys to the chapter house are returned to the House Director.
Room Deposit. The deposit does not guarantee a room, but establishes eligibility for a room assignment. Assignments are made based on a first come, first served basis and in the order in which deposits are received. The deposit is non-refundable.
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Room Deposit. Due at the time of reservation to reserve date and time. Deposit is fully refundable on the evening of your event. The room rental deposit to secure time and date is $50.00.
Room Deposit. 8.1 Any direct or indirectly attributed damage to the room or hall less than £85 will be deducted from the room deposit.
Room Deposit. A $150.00 deposit is required on the Student’s account for the entire time he/she/they occupies a Room (the “Room Deposit”). All incoming first-year students must submit the Room Deposit by May 1, 2021. Current students returning to College Residence Halls, who do not have a Room Deposit on file, must submit their Room Deposit to the Office of Student Accounts by 12:00 PM August 20, 2021 or within three business days of the student’s approval to return, whichever is earlier. The purpose of the Room Deposit is to cover losses the College may incur as a result of the Student’s failure to comply with the terms of this Contract, including but not limited to the Student’s failure to pay any installment of the Room fee and to reimburse the College for repairing those damages described in Paragraph 4.3 above. If the College applies any of the Room Deposit for such purposes, the Student shall immediately replenish the Room Deposit (unless the Contract Period has ended and the Student does not intend to occupy a Room in the subsequent academic year). The College may co-mingle the Room Deposit with other funds held by the College, and the College has no obligation to pay any interest on the Room Deposit. The College will return the Room Deposit to the Student as soon as practicable following termination of the Contract, but only if at such time (1) the Student’s Room (including furniture and furnishings) is found in the same condition as when the Student first took possession, ordinary wear and tear excepted, and (2) the Student has settled in full all accounts and debts owing to the College including, but not limited to, all charges, costs, assessments, fees and fines, and any amounts described in Paragraph 4.3 above. If not so paid by the Student, the College shall have the right to deduct all such amounts from the Room Deposit and, if the Room Deposit is inadequate to cover such damages and nonpayment, to recover from the Student all sums required to repair such damages and pay such accounts in full. Notwithstanding anything in this Section 4.4 to the contrary, if the Student intends to occupy a Room for any portion of the academic year following the end of the Contract Period, the Student hereby authorizes the College to apply the Room Deposit to the deposit required by the Housing Contract for such subsequent year; provided, however, if (1) the new Housing Contract requires a larger deposit than set forth herein or (2) the College has applied any portion of the...
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