Common use of Period of License Clause in Contracts

Period of License. A. Residence Halls: With the exception of the summer license period, this License binds the student to live in the Residence Halls for the full academic year consisting of the fall and spring semesters or for that portion of the academic year that remains after the student moves in. Note: Cardinal Town and University Pointe are 11.5 month facilities. As such, students who reside there have 2 equal payments in fall and spring that covers their summer rent as well. Failure to reside in these complexes over the summer is not a reason to seek a refund for those charges.

Appears in 2 contracts

Samples: Academic Year License Agreement, Academic Year License Agreement

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Period of License. A. Residence Halls: With the exception of the summer license period, this License binds the student to live in the Residence Halls for the full academic year consisting of the fall and spring semesters or for that portion of the academic year that remains after the student moves in. Note: Cardinal Town Towne and University Pointe are 11.5 month facilities. As such, students who reside there have 2 equal payments in fall and spring that covers their summer rent as well. Failure to reside in these complexes over the summer is not a reason to seek a refund for those charges. No proration or subletting is permitted in these facilities either.

Appears in 2 contracts

Samples: louisville.edu, louisville.edu

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