Common use of Abandoned Property Clause in Contracts

Abandoned Property. Any property of the Licensee remaining in a housing facility after expiration, cancellation or termination of the license shall be deemed abandoned property and University may take possession of and dispose of such property in any manner it deems appropriate in accordance with University regulations and applicable law, without any liability to the University. Licensee may be liable to the University or Greystar for any costs incurred in the hauling, storage, and disposal of any property presumed abandoned whether such work was done by the University or a third party.

Appears in 4 contracts

Samples: Housing License Agreement, Housing License Agreement, Plan License Agreement

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Abandoned Property. Any property of the Licensee remaining in a the housing facility after expiration, cancellation expiration or termination of the license shall be deemed abandoned property and University may take possession of and dispose of such property in any manner it deems appropriate in accordance with University regulations and applicable law, without any liability to the University. Licensee may be liable to the University or Greystar ARC for any costs incurred in the hauling, storage, and disposal of any property presumed abandoned whether such work was done by the University or a third party.

Appears in 3 contracts

Samples: East Campus, Summer 2020, Plan License Agreement

Abandoned Property. Any property of the Licensee remaining in a housing facility after expiration, cancellation or termination of the license license, remaining in a former housing assignment, or remaining in a temporary housing assignment after the deadline to vacate shall be deemed abandoned property and University may take possession of and dispose of such property in any manner it deems appropriate in accordance with University regulations and applicable law, without any liability to the University. Licensee may be liable to the University or Greystar for any costs incurred in the hauling, storage, and disposal of any property presumed abandoned whether such work was done by the University or a third party.

Appears in 2 contracts

Samples: Plan License Agreement, Plan License Agreement

Abandoned Property. Any property of the Licensee remaining in a the housing facility after expiration, cancellation expiration or termination of the license shall be deemed abandoned property and University may take possession of and dispose of such property in any manner it deems appropriate in accordance with University regulations and applicable law, law without any liability to the University. Licensee may be liable to the University or Greystar for any costs incurred in the hauling, storage, and disposal of any property presumed abandoned whether such work was done by the University or a third party.

Appears in 2 contracts

Samples: Plan License Agreement, 2019 Summer Housing License Agreement

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Abandoned Property. Any property of the Licensee remaining in a the housing facility after expiration, cancellation expiration or termination of the license shall be deemed abandoned property and University may take possession of and dispose of such property in any manner it deems appropriate in accordance with University regulations and applicable law, law without any liability to the University. Licensee may will be liable to the University or Greystar held responsible for any costs incurred in fees associated with the hauling, storage, and disposal removal of any property presumed abandoned whether such work was done by the University or a third partyproperty.

Appears in 1 contract

Samples: Main Campus

Abandoned Property. Any property of the Licensee remaining in a housing facility after expiration, cancellation or termination of the license license, remaining in a former housing assignment, or remaining in a temporary housing assignment after the deadline to vacate shall be deemed abandoned property and University may take possession of and dispose of such property in any manner it deems appropriate in accordance with University regulations and applicable law, without any liability to the University. Licensee may be liable to the University or Greystar for any costs incurred in the hauling, storage, and disposal of any property presumed abandoned whether such work was done by the University or a third party.

Appears in 1 contract

Samples: Plan License Agreement

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