Common use of Early termination of this Agreement Clause in Contracts

Early termination of this Agreement. This Agreement is valid for only the academic year. Any student who accepts this Agreement and then wishes to cancel it will have ten business days after acceptance to do so without penalty. After ten business days, a $300 fee will be assessed and the student may be held responsible for the full academic year agreement value if the space cannot be reassigned to another eligible person from the wait list for housing. This fee can be waived if you are canceling this Agreement for: an academic purpose, medical reason, change in family status, or other extenuating circumstance. If the student is suspended, expelled, terminated, withdraws, becomes ETDCC, or takes a leave of absence from the University with written consent from the Graduate School, or completes their degree before the end of the term of this Agreement, or the University decides to terminate this Agreement pursuant to paragraph 6 below, this Agreement shall be deemed terminated with respect to that student in accordance with Graduate School policies (detailed in the Student Benefit Changes Chart), and no penalty will be assessed if proper vacate procedures are followed. Vacates must be filed with Housing and Real Estate Services and occur within the number of days allowed by the Student Benefit Changes Chart. In other circumstances such as students wishing to terminate this Agreement due to a change in family status, purchase of a home, or for a medical reason, vacate requests are subject to Housing and Real Estate Services approval prior to being released from the terms of this Agreement. In these cases and/or at the end of the agreement term, the student must give 30 days' advance written notice to Housing and Real Estate Services. In all cases the student must also notify any remaining roommate(s) in advance of the vacate date. At its sole discretion, the University has the ability to collect the full monthly rate and/or assess the $300 cancellation fee. In addition, Housing and Real Estate Services reserves the right to reassign the space or the remaining roommate(s). The Agreement is binding for the full period of this Agreement. If the student vacates the apartment without prior written consent from Housing and Real Estate Services, this Agreement shall continue in effect and the student shall be held responsible for all payments owed under this Agreement for the entire term of this Agreement.

Appears in 2 contracts

Samples: hres.princeton.edu, hres.princeton.edu

AutoNDA by SimpleDocs

Early termination of this Agreement. This Agreement is valid for only the two terms of the academic year. Any student who accepts this Agreement and then wishes to cancel it will have ten business days after acceptance to do so without penalty. After ten business days, a $300 fee will be assessed and the student may be held responsible for the full academic year agreement value if the space cannot be reassigned to another eligible person from the wait list for housing. This fee can be waived if you are canceling this Agreement for: an academic purpose, medical reason, change in family status, or other extenuating circumstance. If (a) the student is suspended, expelled, terminated, withdraws, becomes ETDCC, or takes a leave of absence from the University with written consent from the Graduate School, or completes their degree before the end of the term of this Agreement; (b) residency is revoked by any University disciplinary authority for violation of University rules, regulations, requirements or policies or breach of this Agreement; or (c) the University decides to terminate determines that termination of this Agreement pursuant to paragraph 6 belowis appropriate for reasons of health, safety or emergency, this Agreement shall be deemed terminated with respect to that student in accordance with the Graduate School policies (detailed in the Student Benefit Changes Chartdocument), and no penalty will be assessed if proper vacate procedures are followed. Vacates must be filed with Housing and Real Estate Services and occur within the number of days allowed by the Student Benefit Changes Chart. In other circumstances such as students wishing to terminate this Agreement due to a change in family status, purchase of a home, or for a medical reason, vacate requests are subject to Housing and Real Estate Services approval prior to being released from the terms of this Agreement. In these cases and/or at the end of the agreement term, the student must give 30 days' advance written notice to Housing and Real Estate Services. In all cases the The student must also notify any remaining roommate(s) in advance of the vacate date. At its sole discretion, the University has the ability to collect the full monthly rate and/or assess the $300 cancellation fee. In addition, as Housing and Real Estate Services reserves the right to reassign the space or the remaining roommate(s). The This Agreement is binding for the full period of this Agreement. If the student vacates the apartment without prior written consent from the Graduate School and/or Housing and Real Estate Services, this Agreement shall continue in effect and the student shall be held responsible for all payments owed under this Agreement for the entire term of this Agreement.

Appears in 2 contracts

Samples: hres.princeton.edu, hres.princeton.edu

AutoNDA by SimpleDocs

Early termination of this Agreement. This Agreement is valid for only the academic year. Any student who accepts this Agreement and then wishes to cancel it will have ten business days after acceptance to do so without penalty. After ten business days, a $300 fee will be assessed and the student may be held responsible for the full academic year agreement value if the space cannot be reassigned to another eligible person from the wait list for housing. This fee can be waived if you are canceling this Agreement for: an academic purpose, medical reason, change in family status, or other extenuating circumstance. If the student is suspended, expelled, terminated, withdraws, becomes ETDCC, or takes a leave of absence from the University with written consent from the Graduate School, or completes their degree before the end of the term of this Agreement, or the University decides to terminate this Agreement pursuant to paragraph 6 below, this Agreement shall be deemed terminated with respect to that student in accordance with Graduate School policies (detailed in the Student Benefit Changes Chart), and no penalty will be assessed if proper vacate procedures are followed. Vacates must be filed with Housing and Real Estate Services and occur within the number of days allowed by the Student Benefit Changes Chart. In other circumstances such as students wishing to terminate this Agreement due to a change in family status, purchase of a home, or for a medical reason, vacate requests are subject to Housing and Real Estate Services approval prior to being released from the terms of this Agreement. In these cases and/or at the end of the agreement term, the student must give 30 days' advance written notice to Housing and Real Estate Services. In all cases the student must also notify any remaining roommate(s) in advance of the vacate date. At its sole discretion, the University has the ability to collect the full monthly rate and/or assess the $300 cancellation fee. In addition, Housing and Real Estate Services reserves the right to reassign the space or the remaining roommate(s). The Agreement is binding for the full period of this Agreement. If the student vacates the apartment without prior written consent from Housing and Real Estate Services, this Agreement shall continue in effect and the student shall be held responsible for all payments owed under this Agreement for the entire term of this Agreement.

Appears in 1 contract

Samples: hres.princeton.edu

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