Common use of Renewal and Non-renewal Clause in Contracts

Renewal and Non-renewal. In order for Resident to continue occupying any Apartment housing unit beyond the Agreement term stated in Paragraph 2, a new Agreement must be executed. The Resident must complete a new Apartment application, and accept the terms of the new License Agreement, two months prior to the end date of the current License Agreement. If Resident has not completed a new License Agreement at least two months prior to the end date for the current License Agreement, Housing & Residence Life may assign the Apartment to another Resident for the following term. If Resident does not intend to enter into a new License Agreement, Resident must notify Housing & Residence Life, in writing, at least 60 days before check-out, by submitting a Confirmation of Intent to Vacate form. Failure to submit this form at least 60 days before Resident vacates the unit will result in assessment of a fee of $100.00. Resident agrees to vacate their Apartment by the end date of their most recent License Agreement, or as stated on the Confirmation of Intent to Vacate form.

Renewal and Non-renewal. In order for Resident to continue occupying any Apartment housing unit beyond the Agreement term stated in Paragraph 2, a new Agreement must be executed. The Resident must complete a new Apartment application, and accept the terms of the new License Agreement, two months prior to the end date of the current License Agreement. If Resident has not completed a new License Agreement at least two months prior to the end date for the current License Agreement, Housing & Residence Life may assign the Apartment to another Resident for the following term. If Resident does not intend to enter into a new License Agreement, Resident must notify Housing & Residence Life, in writing, at least 60 days before check-out, by submitting a Confirmation of Intent to Vacate form. Failure to submit this form at least 60 days before Resident vacates the unit will result in assessment of a fee of $100.00. Resident agrees to vacate their his/her Apartment by the end date of their his/her most recent License Agreement, or as stated on the Confirmation of Intent to Vacate form.