Offer Acceptance Fee definition
Examples of Offer Acceptance Fee in a sentence
Room Offer Acceptance Fee (ROAF): Any resident, who submits a complete and accurate residence application form, pays the Room Offer Acceptance Fee (ROAF), and whose name is on the guaranteed residence list, is defined as being “in residence”.
Whether the Offer Acceptance Fee and/or the Deposit is refundable and/or whether further Fees are payable by you will depend on both (a) when you accepted the place and (b) when the notice of withdrawal you give (if any) is received by the School.
The limited exception to this is where notice is given in accordance with Clause 3.1 or Clause 3.2 below (as applicable) and the School actually fills the specific vacancy created by your child’s withdrawal, in which case the School shall refund the Offer Acceptance Fee and the Deposit to you less its reasonable costs in administering your dealings with the School or a reasonable estimate of those costs.
Upon assignment of a space, the Resident must pay the required Room Offer Acceptance Fee (ROAF) and contract fees as specified in the Confirmation Letter in order to reserve the Premises.
The Offer Acceptance Fee and the Deposit are not refundable if your child does not take up his place at the School.
Whether the Offer Acceptance Fee and/or the Deposit is refundable to you and/or whether further Fees are payable by you will depend on both (a) when you accepted the place and (b) when the notice of withdrawal you give (if any) is received by the School.