Common use of Usage Fees Clause in Contracts

Usage Fees. In consideration of the authorization that is described in this letter of authorization/residence agreement as well as the other services that you will provide to me pursuant to what is stated in this letter of authorization/residence agreement and/or Regulations, I commit to pay the University, during the course of the authorization period, monthly usage fees in the sum that is set forth in the introduction to this letter of authorization/residence agreement for each month as well as a pro rata share of a month (hereinafter: the “usage fees”) plus additional sums under the terms and on the dates that will be set forth below. In the event of a change over the course of the year from the singles student housing to the couples student housing, a new letter of authorization/residence agreement will be executed based on the rate that is appropriate to the type of student housing.

Usage Fees. In consideration of the authorization that is described in this letter of authorization/residence agreement as well as the other services that you will provide to me pursuant to what is stated in this letter of authorization/residence agreement and/or Regulations, I commit to pay the University, during the course of the authorization period, monthly usage fees in the sum that is set forth in the introduction to this letter of authorization/residence agreement for each month as well as a pro rata share of a month (hereinafter: the “usage fees”) plus additional sums under the terms and on the dates that will be set forth below. In the event of a change over the course of the year from the singles student housing to the couples couple's student housing, a new letter of authorization/residence agreement will be executed based on the rate that is appropriate to the type of student housing.