Common use of CANCELLATION BEFORE OCCUPANCY Clause in Contracts

CANCELLATION BEFORE OCCUPANCY. 1. Returning students. 1 (a) The following cancellation terms and conditions apply to Students who will return to housing for the Fall 2021 Semester and who receive a room assignment on or prior to May 1, 2021: (i) Cancellation of this contract, for any reason, prior to May 1, 2021, will result in forfeiture of the Pre-Payment. (ii) Cancellation of this contract, for any reason, from May 2, 2021 through May 31, 2021 will result in forfeiture of the Pre-Payment or a $200 liquidated fee if the prepayment was waived. (iii) Cancellation of this contract, for any reason, from June 1, 2021 through July 1, 2021, will result in forfeiture of the Pre-Payment and an additional liquidated fee of $250 to be placed on the student’s account. (iv) Cancellation of this contract, for any reason, after July 2, 2021 will result in forfeiture of the Pre-Payment and an additional liquidated fee of $500 to be placed on the Student’s account. (b) The following cancellation terms and conditions apply to Students who will return to housing for the Fall 2021 Semester and who receive a room assignment after July 1, 2021: (i) Cancellation of this contract, for any reason, within (5) five business days of receiving a room assignment, will result in forfeiture of the Pre-Payment. (ii) Cancellation of this contract, for any reason, more than (5) five business days after receiving a room assignment will result in forfeiture of the Pre-Payment and a liquidated fee of $500 to be placed on the student’s account.

CANCELLATION BEFORE OCCUPANCY. 1. Returning students. 1 (a) The following cancellation terms and conditions apply to Students who will return to housing for the Fall 2021 2025 Semester and who receive a room assignment on or prior to May 1, 20212025: (i) Cancellation of this contract, for any reason, prior to May 1, 20212025, will result in forfeiture of the Pre-Payment. (ii) Cancellation of this contract, for any reason, from May 2, 2021 2025 through May 31, 2021 2025 will result in forfeiture of the Pre-Payment or a $200 liquidated fee if the prepayment was waived. (iii) Cancellation of this contract, for any reason, from June 1, 2021 2025 through July 1, 20212025, will result in forfeiture of the Pre-Payment and an additional liquidated fee of $250 to be placed on the studentStudent’s account. (iv) Cancellation of this contract, for any reason, after July 2, 2021 2025 will result in forfeiture of the Pre-Payment and an additional liquidated fee of $500 to be placed on the Student’s account. (b) The following cancellation terms and conditions apply to Students who will return to housing for the Fall 2021 2025 Semester and who receive a room assignment after July 1, 20212025: (i) Cancellation of this contract, for any reason, within (5) five business days of receiving a room assignment, will result in forfeiture of the Pre-Payment. (ii) Cancellation of this contract, for any reason, more than (5) five business days after receiving a room assignment will result in forfeiture of the Pre-Payment and a liquidated fee of $500 to be placed on the studentStudent’s account.

CANCELLATION BEFORE OCCUPANCY. 1. Returning students. 1 (a) The following cancellation terms and conditions apply to Students who will return to housing for the Fall 2021 2022 Semester and who receive a room assignment on or prior to May 1, 20212022: (i) Cancellation of this contract, for any reason, prior to May 1, 20212022, will result in forfeiture of the Pre-Payment. (ii) Cancellation of this contract, for any reason, from May 2, 2021 2022 through May 31, 2021 2022 will result in forfeiture of the Pre-Payment or a $200 liquidated fee if the prepayment was waived. (iii) Cancellation of this contract, for any reason, from June 1, 2021 2022 through July 1, 20212022, will result in forfeiture of the Pre-Payment and an additional liquidated fee of $250 to be placed on the student’s account. (iv) Cancellation of this contract, for any reason, after July 2, 2021 2022 will result in forfeiture of the Pre-Payment and an additional liquidated fee of $500 to be placed on the Student’s account. (b) The following cancellation terms and conditions apply to Students who will return to housing for the Fall 2021 2022 Semester and who receive a room assignment after July 1, 20212022: (i) Cancellation of this contract, for any reason, within (5) five business days of receiving a room assignment, will result in forfeiture of the Pre-Payment. (ii) Cancellation of this contract, for any reason, more than (5) five business days after receiving a room assignment will result in forfeiture of the Pre-Payment and a liquidated fee of $500 to be placed on the student’s account.