Common use of Liability for Fees Clause in Contracts

Liability for Fees. 9.1 The Resident is liable for fees for the full Period of Residence as established by this agreement, including any agreed extension of its term. In the event of early termination of this contract (other than termination under clause 8.1(e)) the Resident remains liable for payment of all outstanding fees payable in respect of the agreed term. However the College may, in its discretion, reduce this liability in light of the circumstances of the Resident’s departure from the College and/or its ability to arrange for another party to fill the vacancy left by the Resident. In either case, the Resident is liable for a penalty payment equal to one week’s full accommodation. 9.2 No refund or reduction of those fees is available in respect of any period of the Resident’s temporary absence from the College, except as set out in the Payment Schedule.