Contract Exchange Sample Clauses
Contract Exchange. A. As approved by the university, this contract may be exchanged by the resident (current contract holder) with another student (prospective resident) as long as neither is required by University Housing Regulation to reside in university residence halls and upon satisfaction of the following requirements:
i. The current contract holder:
a. Must locate an eligible prospective resident who must have neither requested housing information on the university undergraduate admission application, nor made previous contact with University Housing to request housing information. If a standby request list exists because of limited residence hall vacancies, the current contract holder must exchange with someone on the standby list.
b. Gives up a contract for residence hall living space, not for space in a particular room or residence hall.
ii. The eligible prospective resident:
a. Must be an undergraduate enrolled full time (twelve or more credit hours) and may not be a current contract holder.
b. May not be ineligible to reside in housing for behavior and/or conduct reasons.
c. Accepts that a housing assignment will be made in accordance with assignment policy and will not be to the specific space vacated by the current contract holder.
iii. This contract may not be exchanged when such exchange would contribute to over-assigned conditions in the halls.
B. The parties agree that the exchange of the contract as a whole will be for the remainder of the term of contract (academic year(s)).
C. The resident agrees to contact Housing and Residence Education to formalize the request for contract exchange and to determine eligibility of the prospective resident.
D. The university identification card is not transferrable and may not be sold to another person.
E. The contract exchange will be effective only after the signed contract has been received from the prospective resident.
F. When a contract exchange is approved in writing by Housing and Residence Education, the prospective resident accepts complete responsibility for the terms and conditions. The current contract holder is then completely relieved of any responsibility and/or monetary obligations for the contract.
Contract Exchange. A. As approved by the university, this contract may be exchanged by the resident (current contract holder) with another student (prospective resident) as long as neither is required by University Housing Regulation to reside in university residence halls and upon satisfaction of the following requirements: i. The current contract holder:
a. Must locate an eligible prospective resident who must have neither requested housing information on the university undergraduate admission application, nor made previous contact with University Housing to request housing information. If a standby request list exists because of limited residence hall vacancies, the current contract holder must exchange with someone on the standby list.
b. Gives up a contract for residence hall living space, not for space in a particular room or residence hall.
Contract Exchange. We’ll coordinate the exchange of the contract and vendor statement, track key dates and conditions.
Contract Exchange. Subject to the terms of the Individual Agreements, the Participant may direct the Recordkeeper to transfer all or a portion of the funds in the Accumulation Account to another annuity contract or custodial account made available under the Program subject to the requirements set forth in section 1.403(b)-10(b)(2) of the regulations under Code section 403(b), or as amended.