Common use of Contract Releases Clause in Contracts

Contract Releases. A. STUDENT may request release from this Contract for the academic year by submitting a written request for release to the Office of Housing & Residential Programs on or before August 15 for cancellations prior to the start of the fall term. STUDENT may request release from this Contract for spring semester by submitting a written request for release to the Office of Housing & Residential Programs on or before January 10th. Housing & Residential Programs will approve the request ONLY if one or more of the following circumstances exist: 1. STUDENT is a RENEWAL STUDENT, OR STUDENT is a NEW STUDENT who transferred after living in on-campus housing at an institution of higher education for at least 1 year (two long semesters) after graduating high school. 2. STUDENT will graduate or terminate enrollment at the close of the summer session for academic year release or at the end of the fall semester for spring semester release. 3. STUDENT will be married prior to the beginning of the applicable fall or spring semester. 4. STUDENT will turn 21 years of age prior to the beginning of the applicable semester. (Spring contract releases may be subject to Liquidated Damage Charges as specified in XII, C: Contract Releases, in the contractual agreement.) 5. STUDENT will reside with parent, grandparent or sibling, at an established residence, within 70 miles of the UNIVERSITY campus. (Spring contract releases may be subject to Liquidated Damage Charges as specified in XII, C: Contract Releases, in the contractual agreement.) 6. STUDENT obtains approval for Contract release by the Office of Housing & Residential Programs due to a qualifying hardship or other compelling reason that occurred after August 15th for the Academic year/fall semester or after January 10th for spring semester. (Spring contract releases may be subject to Liquidated Damage Charges as specified in XII, C: Contract Releases, in the contractual agreement.) 7. STUDENT has a student teaching, study abroad, or intern assignment that requires residence in another city at a distance greater than 70 miles from the UNIVERSITY campus. 8. STUDENT has at least six months of active-duty military service. B. STUDENT who qualifies for release from this Contract under provisions (XII)(A)(1), (XII)(A)(2), (XII)(A)(3), and (XII)(A)(7), may be released without penalty upon receiving written approval by the Office of Housing & Residential Programs. C. If STUDENT receives a release from this Contract under a provision other than those set forth in Section XII. B., STUDENT, will pay UNIVERSITY $800.00 for contract release at any point prior to the start of the academic year, or during the academic year; as liquidated damages, and not as a penalty. This charge will cover UNIVERSITY’S administrative and re-rental expenses, and the parties agree that this charge is reasonable. Liquidated Damage Charges will be applied to the STUDENT’s account in the term that corresponds with the term for which the contract release is granted. Failure to complete payment of Liquidated Damage Charges may result in rescindment of approval of the Contract release request. D. If STUDENT receives a release from this Contract under any provision and has continued to occupy a UNIVERSITY residence hall room during any Break Housing period (see section VIII), STUDENT will pay UNIVERISTY $25.00 per day of occupancy after the end date of the previous term until STUDENT has followed established procedures for checking out of student’s room/apartment with hall staff. Charges will be automatically applied to STUDENT’s university ▇▇▇▇.

Contract Releases. A. STUDENT may request release from this Contract for the academic year by submitting a written request for release to the Office of Housing & Residential Programs on or before August 15 15th for cancellations prior to the start of the fall term. STUDENT may request release from this Contract for spring semester by submitting a written request for release to the Office of Housing & Residential Programs on or before January 10th. Housing & Residential Programs will approve the request ONLY if one or more of the following circumstances exist: 1. STUDENT is a RENEWAL STUDENT, OR STUDENT is a NEW STUDENT who transferred after living in onattending a post high-campus housing at an school institution of higher education for at least 1 year (two long semesters) after graduating high school. 2. STUDENT will graduate or terminate enrollment at the close of the summer session for academic year release or at the end of the fall semester for spring semester release. 3. STUDENT will be married prior to the beginning of the applicable fall or spring semester. 4. STUDENT will turn 21 years of age prior to the beginning of the applicable semester. (Spring contract releases may be subject to Liquidated Damage Charges as specified in XII, C: Contract Releases, in the contractual agreement.) 5. STUDENT will reside with parent, grandparent or sibling, at an established residence, within 70 miles of the UNIVERSITY campusSan Angelo, TX. (Spring contract releases may be subject to Liquidated Damage Charges as specified in XII, C: Contract Releases, in the contractual agreement.) 6. STUDENT obtains approval for Contract release by the Office of Housing & Residential Programs due to a qualifying hardship or other compelling reason that occurred after August 15th for the Academic year/fall semester or after January 10th for spring semester. (Spring contract releases may be subject to Liquidated Damage Charges as specified in XII, C: Contract Releases, in the contractual agreement.) 7. STUDENT has a student teaching, study abroad, or intern assignment that requires residence in another city at a distance greater than 70 miles from the UNIVERSITY campus. 8. STUDENT has at least six months of active-duty military service. B. STUDENT who qualifies for release from this Contract under provisions (XII)(A)(1), (XII)(A)(2), (XII)(A)(3), and (XII)(A)(7), may be released without penalty upon receiving written approval by the Office of Housing & Residential Programs. C. If STUDENT receives a release from this Contract under a provision other than those set forth in Section XII. B., STUDENT, will pay UNIVERSITY $800.00 for contract release at any point prior to the start of the academic year, or during the academic year; as liquidated damages, and not as a penalty. This charge will cover UNIVERSITY’S administrative and re-rental expenses, and the parties agree that this charge is reasonable. Liquidated Damage Charges will must be applied to paid in full by no later than the STUDENT’s account first day of classes for Academic Year releases/Fall semester releases and the last day of business in the term that corresponds with the Fall term for which the contract release is grantedSpring semester releases. Failure to complete payment of Liquidated Damage Charges by the applicable above stated deadline(s) may result in rescindment of approval of the Contract release request. D. If STUDENT receives a release from this Contract under any provision and has continued to occupy a UNIVERSITY residence hall room during any Break Housing period (see section VIII), STUDENT will pay UNIVERISTY $25.00 per day of occupancy after the end date of the previous term until STUDENT has followed established procedures for checking out of student’s room/apartment with hall staff. Charges will be automatically applied to STUDENT’s university ▇▇▇▇.