Common use of Annual Contracts Clause in Contracts

Annual Contracts. 14.1 Each year the rates are reviewed by the university, to take account of cost of living and other changes in the cost of providing accommodation at Abbey College. Rates are likely to increase. Residents wishing to return may be offered a new contract from a date in mid-February of the following year, which will set out the fees for the coming year and may incorporate other changes.

Annual Contracts. 14.1 Each year the rates are reviewed by the university, to take account of cost of living and other changes in the cost of providing accommodation at Abbey College. Rates are likely to increase. Residents wishing to return may be offered a new contract from a date in mid-February of the following year, which will set out the fees for the coming year and may incorporate other changes.