DURATION AND BINDING NATURE OF THE CONTRACT Sample Clauses

DURATION AND BINDING NATURE OF THE CONTRACT. The terms of this contract apply to the entire academic year or if entered into after the start of a semester, through the remainder of the academic year. Students who live in University housing are required to participate in the University dining program (see Section IX). This University housing contract shall constitute a license and shall not be deemed to constitute a lease or to create or transfer an interest or a lien on real estate. This contract becomes effective once the University receives the Housing Application and pre-payment. Once the student accepts his/her room key/card and/or moves items into the room, the student is financially obligated for all charges and fees associated with this contract. Failure to occupy an assigned space after the contract becomes effective does not constitute a valid cancellation of the contract nor does it release the student of his/her financial obligations. By entering into a housing contract, the student agrees to comply with the terms and conditions of the contract, policies and regulations as listed in the Student Code of Conduct, Residential Living Guide, operating policies and procedures of the University, including the social distancing policies and procedures of the University as may be necessary from time to time, and all other rules of conduct now in effect or any that may be adopted by Maryville University during the period of this contract. As stated in the Addendum attached hereto and incorporated herewith, student understands and acknowledges that residing in University housing entails known and unanticipated risks, which could result in sickness, physical or emotional injury, paralysis, and/or death. Student understands that such risks simply cannot be eliminated, particularly in campus living environments, and elects to reside in University housing despite the risks.
Sample 1Sample 2
AutoNDA by SimpleDocs
DURATION AND BINDING NATURE OF THE CONTRACT. This contract is returned to the NYCIntern Office and is accepted and executed by the NYCIntern Office. The contract period begins May 22, 2021 and will end 24 hours after the duration stated by the Intern (no later than 5 PM on August 7, 2021). An Intern signing this contract is legally responsible for payment of housing rates and related fees as established and published by the NYCIntern Office.
Sample 1
DURATION AND BINDING NATURE OF THE CONTRACT. A. This Contract will be deemed binding on both parties when the completed and signed (or digitally agreed upon) document is returned to the Loyola University Maryland Office of Residence Life & Housing (Residence Life & Housing) by the student and is approved and executed by Residence Life & Housing. This Contract is not a residential lease.
Sample 1
DURATION AND BINDING NATURE OF THE CONTRACT. A. The terms of this contract apply to the entire academic year or if entered into after the start of a semester, through the remainder of the academic year. Students who live in the residence halls are required to participate in the University dining program. Students wishing to live in University housing shall complete a housing application and submit the appropriate deposit to the Residential Life Office. The contract becomes effective and binding upon submission of the application materials accompanied by the appropriate room/damage deposit: $300 dollars for all residential housing. Please note that $25 of the room/damage deposit is non-refundable. Upon admission to the University, acceptance of the application by the University, and deposit payment, the University agrees to reserve a space in University housing until the second day of the academic period. If arrangements for late arrival are not made with the Residential Life Office, the space will be considered vacant and may be assigned to another student. If space is not available, the deposit will be refunded. A submitted housing application does not guarantee admission to the University. Admission to the University is a separate process and an application must be submitted directly to the Admissions Office. Canceling your admission to Maryville University does not cancel your housing contract. Request to cancel your housing contract must be sent in writing directly to the Residential Life Office. Residence Hall Contracts – Refer to the Housing Pricing Sheet Residence Hall Plan: 9-Month Contract This plan includes housing for Fall and Spring academic sessions. Students who wish to stay during the break period must complete the necessary paperwork in the Residential Life Office. There is an additional charge to stay in housing over the winter break period. Meals are included only when classes are in session. Contract begins at noon the Saturday prior to the first day of classes. Non-graduating students must vacate 24-hours after their last final exam or no later than 5:00 p.m. on the last day of finals, whichever occurs first. Students who are graduating must vacate their residential housing space no later than 12 noon the day after commencement.
Sample 1

Related to DURATION AND BINDING NATURE OF THE CONTRACT

  • Authority; Binding Nature of Agreements (a) The execution, delivery and performance of this Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by the Purchaser in connection herewith have been duly authorized by all necessary corporate action on the part of the Purchaser and its board of directors.

  • Authority; Binding Nature of Agreement (a) The Parent and each of its Subsidiaries (including the Merger Subs) have all necessary corporate power and authority to enter into and to perform its obligations under this Agreement and, subject, with respect to Parent, to receipt of the Required Parent Stockholder Vote and, with respect to Merger Subs, the adoption of this Agreement by Parent in its capacity as sole stockholder of Merger Subs, to perform its obligations hereunder and to consummate the Contemplated Transactions. The Parent Board (at meetings duly called and held) has: (i) determined that the Contemplated Transactions are fair to, advisable and in the best interests of Parent and its stockholders; (ii) authorized, approved and declared advisable this Agreement and the Contemplated Transactions, including the issuance of Parent Common Stock Payment Shares and Parent Preferred Stock Payment Shares to the stockholders of the Company pursuant to the terms of this Agreement and the treatment of the Company Options pursuant to this Agreement; and (iii) determined to recommend, upon the terms and subject to the conditions set forth in this Agreement, that the stockholders of Parent vote to approve the Parent Stockholder Matters. The First Merger Sub Board (by unanimous written consent) has: (A) determined that the Contemplated Transactions are fair to, advisable, and in the best interests of First Merger Sub and its sole stockholder; (B) authorized, approved and declared advisable this Agreement and the Contemplated Transactions; and (C) determined to recommend, upon the terms and subject to the conditions set forth in this Agreement, that the stockholder of First Merger Sub vote to adopt this Agreement and thereby approve the Contemplated Transactions. The Second Merger Sub Board (by unanimous written consent) has: (A) determined that the Contemplated Transactions are fair to, advisable, and in the best interests of Second Merger Sub and its sole member; (B) authorized, approved and declared advisable this Agreement and the Contemplated Transactions; and (C) determined to recommend, upon the terms and subject to the conditions set forth in this Agreement, that the member of Second Merger Sub vote to adopt this Agreement and thereby approve the Contemplated Transactions.

  • Binding Nature of Agreement This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

  • Assignability; Binding Nature This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, heirs and assigns; provided, however, that no rights or obligations of the Executive under this Agreement may be assigned or transferred by the Executive, other than rights to compensation and benefits hereunder, which may be transferred only by will or operation of law and subject to the limitations of this Agreement; and provided, further, that no rights or obligations of the Company under this Agreement may be assigned or transferred by the Company, except that such rights or obligations may be assigned or transferred pursuant to a merger or consolidation in which the Company is not the continuing entity, or the sale or liquidation of all or substantially all of the assets of the Company, provided that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company under this Agreement, either contractually or as a matter of law.

  • Execution and Binding Effect This Agreement, the Note and the other Loan Documents to which Borrower is a party have been duly and validly executed and delivered by Borrower and constitute legal, valid and binding obligations of Borrower, enforceable in accordance with the terms hereof and thereof, subject to the effect of bankruptcy, insolvency, reorganization, arrangement, moratorium, or other similar laws relating to or affecting the rights of creditors generally.

  • Binding Nature of Agreement; Assignment This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

  • Binding Nature of Agreement; No Assignment This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other parties hereto.

  • Authorization and Binding Effect The execution and delivery by the Company of the Loan Documents to which it is a party, and the performance by the Company of its obligations thereunder, are within its corporate power, have been duly authorized by proper corporate action on the part of the Company, are not in violation of any existing law, rule or regulation of any governmental agency or authority, any order or decision of any court, the Articles of Incorporation or By-Laws of the Company or the terms of any agreement, restriction or undertaking to which the Company is a party or by which it is bound, and do not require the approval or consent of the shareholders of the Company, any governmental body, agency or authority or any other person or entity. The Loan Documents to which the Company is a party, when executed and delivered, will constitute the valid and binding obligations of the Company enforceable in accordance with their terms, except as limited by bankruptcy, insolvency or similar laws of general application affecting the enforcement of creditors' rights and except to the extent that general principles of equity might affect the specific enforcement of such Loan Documents.

  • Duration of Agreement; Binding Effect (a) This Agreement shall continue until and terminate on the later of (i) the date that Indemnitee shall have ceased to serve as a director, officer, employee or agent of the Company or as a director, trustee, officer, partner, manager, managing member, fiduciary, employee or agent of any other foreign or domestic corporation, real estate investment trust, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving in such capacity at the request of the Company and (ii) the date that Indemnitee is no longer subject to any actual or possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by Indemnitee pursuant to Section 12 of this Agreement).

  • Continuing Nature of this Agreement; Severability Subject to Section 6.04, this Agreement shall continue to be effective until the Discharge of Senior Obligations shall have occurred. This is a continuing agreement of Lien subordination, and the Senior Secured Parties may continue, at any time and without notice to the Second Priority Representatives or any Second Priority Debt Party, to extend credit and other financial accommodations and lend monies to or for the benefit of the Company or any Subsidiary constituting Senior Obligations in reliance hereon. The terms of this Agreement shall survive and continue in full force and effect in any Insolvency or Liquidation Proceeding. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall not invalidate the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

Time is Money Join Law Insider Premium to draft better contracts faster.