Common use of Rates and Payment Clause in Contracts

Rates and Payment. You agree to pay the applicable Residence Fees (which include utilities and ResNet) by or on the due dates. If you choose or are required to change your Accommodation before your move in date, you will be required to pay the fees stipulated for the new Accommodation, including transfer fees and the Residence Meal Plan, if applicable. If you are required to change your Accommodation after your move in date, you will be required to pay the fees stipulated for either your existing Accommodation or the new Accommodation, whichever is lower. You will be required to pay for a meal plan if you are moved to a dormitory style room (see Schedule B s. 2.3). See Schedule B s. 3.0 for further information on Assignment Policy. • Failure to pay the first instalment of Residence Fees by or on the date it is due will result in forfeiture of your accommodation assignment. • Charges for Residence Fees and Residence Meal Plan fees (if applicable) will continue until the date you indicated on your withdrawal form or the date on which you return all assigned keys to the Residence Services Office, whichever is later. The following terms apply to all fees required by Residence Services (i.e.: residence, meal plan, activities/programs, assessments, et cetera): • Post‐dated cheques will not be accepted (for accepted methods of payment, please see the fees and payment section on the Residence Services website); • A $25 service charge will be levied on all cheques returned by your bank for any reason; • Late payments may not be accepted; and • If a late payment is accepted, it will be subject to a late payment fee of $100 and subject to a service charge or 1.5% per month annualized at 19.56% and added to accounts not paid by their due date, at each month end. The University may take legal action or use collection agencies to recover unpaid fees.

Rates and Payment. You agree to pay the applicable Residence Fees (which include utilities and ResNet) by or on the due dates. If you choose or are required to change your Accommodation before your move in date, you will be required to pay the fees stipulated for the new Accommodationaccommodation, including transfer fees and the Residence Meal Plan, if applicable. If you are required to change your Accommodation after your move in date, you will be required to pay the fees stipulated for either your existing Accommodation or the new Accommodation, whichever is lower. You will be required to pay for a meal plan if you are moved to a dormitory style room (see Schedule B s. 2.3). ) See Schedule B s. 3.0 for further information on Assignment Policy. • Failure to pay the first instalment of Residence Fees by or on the date it is due will result in forfeiture of your accommodation assignment. • Charges for Residence Fees and Residence Meal Plan fees (if applicable) will continue until the date you indicated on your withdrawal form or the date on which you return all assigned keys to the Residence Services Office, whichever is later. The following terms apply to all fees required by Residence Services (i.e.: residence, meal plan, activities/programs, assessments, et cetera): • Post‐dated cheques will not be accepted (for accepted methods of payment, please see the fees and payment section on the Residence Services website); • A $25 service charge will be levied on all cheques returned by your bank for any reason; • Late payments may not be accepted; and • If a late payment is accepted, it will be subject to a late payment fee of $100 and subject to a service charge or 1.5% per month annualized at 19.56% and added to accounts not paid by their due date, at each month end. The University may take legal action or use collection agencies to recover unpaid fees.

Rates and Payment. You agree to pay the applicable Residence Fees (which include utilities and ResNet) by or on the due dates. If you choose or are required to change your Accommodation before your move in date, you will be required to pay the fees stipulated for the new Accommodationaccommodation, including transfer fees and the Residence Meal Plan, if applicable. If you are required to change your Accommodation after your move in date, you will be required to pay the fees stipulated for either your existing Accommodation or the new Accommodation, whichever is lower. You will be required to pay for a meal plan if you are moved to a dormitory style room (see Schedule B s. 2.3). See Schedule B s. 3.0 for further information on Assignment Policy. • Failure to pay the first instalment of Residence Fees by or on the date it is due will result in forfeiture of your accommodation assignment. • Charges for Residence Fees and Residence Meal Plan fees (if applicable) will continue until the date you indicated on your withdrawal form or the date on which you return all assigned keys to the Residence Services Office, whichever is later. The following terms apply to all fees required by Residence Services (i.e.: residence, meal plan, activities/programs, assessments, et cetera): • Post‐dated cheques will not be accepted (for accepted methods of payment, please see the fees and payment section on the Residence Services website); • A $25 service charge will be levied on all cheques returned by your bank for any reason; • Late payments may not be accepted; and • If a late payment is accepted, it will be subject to a late payment fee of $100 and subject to a service charge or 1.5% per month annualized at 19.56% and added to accounts not paid by their due date, at each month end. The University may take legal action or use collection agencies to recover unpaid fees.