Common use of Fire or Casualty Loss Clause in Contracts

Fire or Casualty Loss. If Student's Assigned Space should at any time be rendered uninhabitable in whole or in part by fire or other casualty, the University may, at its option, either immediately terminate this License Agreement without liability to Student, or repair and replace the damaged Assigned Space within a reasonable time. Alternatively, the University may, at its option, find alternative suitable housing for Student.