Common use of Cancellation Fees and Refund Procedures Clause in Contracts

Cancellation Fees and Refund Procedures. Upon the expiry or earlier cancellation or termination of this Agreement, you may be required to pay a cancellation fee and you may be entitled to a refund of deposits and fees (other than the non-refundable application fee) paid under this Agreement. Any amount refunded is paid without interest, less any outstanding charges and administration fees due by you under this Agreement (including, without limitation, cleaning charges), less any other amounts outstanding in your VIU Student Ledger Account, and less cancellation fees calculated in accordance with the terms below. The refund will be made to your VIU Student Ledger Account and, if necessary, a cheque will be issued to the address for you on file with VIU, within eight (8) weeks of you vacating the VIU Student Residence. If your Cancellation Request is received before you are required to pay any deposits, you will not be liable for any additional deposits or fees. Academic Year (and Fall/Spring Semesters) Applications/Agreements – Cancellation Fees

Cancellation Fees and Refund Procedures. Upon the expiry or earlier cancellation or termination of this Agreement, you may be required to pay a cancellation fee and you may be entitled to a refund of deposits and fees (other than the non-refundable application fee) paid under this Agreement. Any amount refunded is paid without interest, less any outstanding charges and administration fees due by you under this Agreement (including, without limitation, cleaning charges), less any other amounts outstanding in your VIU Student Ledger Account, and less cancellation fees calculated in accordance with the terms below. The refund will be made to your VIU Student Ledger Account and, if necessary, a cheque will be issued to the address for you on file with VIU, within eight (8) weeks of you vacating the VIU Student Residence. If your Cancellation Request is received before you are required to pay any deposits, you will not be liable for any additional deposits or fees. Academic Year (and Fall/Spring Semesters) Applications/Agreements – Cancellation Fees–