Rates and Payment Clause Samples
The 'Rates and Payment' clause defines the terms under which compensation is calculated and paid for goods or services provided under the agreement. It typically specifies the payment schedule, acceptable methods of payment, and the rates or fees applicable to the work performed. For example, it may outline whether payments are due upon completion, on a milestone basis, or according to a recurring schedule, and clarify if rates are fixed or variable. This clause ensures both parties have a clear understanding of financial obligations, reducing the risk of disputes over payment terms and timing.
Rates and Payment. You agree to pay the residence fees which are outlined in Appendix IV and Residence Meal Plan fees (if applicable) which are outlined in Appendix IV. You may either pay the entire amount due or pay the residence fees and Residence Meal Plan fees in instalments, in the amounts and on the dates outlined in Appendix IV. If you choose to, or are required to, change your accommodation you will be required to pay the fees stipulated for the new accommodation, including the Residence Meal Plan, if applicable. • Failure to pay the first instalment of residence fees by or on the date it is due will lead to forfeiture of your accommodation assignment. Charges for residence fees and residence meal plan fees will continue until you complete the contract termination and check-out process in section 1.14. See Section 4.0 of this Contract for Residence Meal Plan information. Please note that the following terms apply to all fees and payments required by Student Housing and Hospitality Services (i.e. residence fees, Residence Meal Plan, activities/programs, assessments, et cetera): • Post-dated cheques will not be accepted. • A $35 service charge will be levied on all cheques returned by your financial institution for any reason. • You will pay all fees that may be imposed by the University from time to time in respect of failed electronic financial transactions, including, without limitation, electronic funds transfers and Interac transactions where, after initial processing, the transaction is cancelled or voided due to insufficient funds. • Late payments may not be accepted. If a late payment is accepted, it will be subject to a late payment fees as follows: » first late payment - $25 » second late payment - $35 » third late payment - $50 » fourth and any subsequent late payments - $75
Rates and Payment. The campus housing rates are determined annually and are based upon combinations of the hall assignment and room occupancy. IF ▇▇▇▇▇▇▇▇ ARE MADE BEFORE ROOM ASSIGNMENTS ARE COMPLETED FOR NEW RESIDENTS, THE NEW RESIDENT WILL BE CHARGED A STANDARD DOUBLE ROOM RATE AND AN ADJUSTMENT (IF NECESSARY) WILL BE MADE AFTER ASSIGNMENTS ARE COMPLETED. THE UNIVERSITY RESERVES THE RIGHT TO CHANGE ROOM AND BOARD RATES DURING THE TERM OF THE AGREEMENT. If room occupancy (i.e. number of residents in a room) changes after ▇▇▇▇▇▇▇▇ have been made, the determination of whether the higher occupancy shall be maintained for room assignment flexibility or the occupancy in a room should be reduced resulting in the applicable room rate increase shall be at the sole discretion of the Department of Residential Life. While this Agreement is in effect, the Resident will be required to meet all financial obligations of the Agreement. If the Resident is under 18 years of age at the time of submitting the online campus housing application, then the Resident must have their parent or legal guardian sign and complete the Parent Portal electronic agreement or Agreement Acceptance Form and thereby guarantee full and prompt payment to the University of all sums payable by the Resident under the Agreement. Payment will be made in accordance with University policy on payment of tuition and fees as described in the Academic Course Catalog. Failure to satisfy the financial obligations accrued under this Agreement may result in the denial of meals, removal from campus housing, and/or denial of issuance/transfer of grade transcripts and/or enrollment, pursuant to University rules and regulations governing the imposition of these sanctions. If a vacancy occurs in a room during the semester and the Department of Residential Life determines that maintaining the higher occupancy is not necessary for room assignment flexibility, the remaining Resident(s) will be offered three options: 1) Keep the room at the lower occupancy level by paying the higher applicable rate, 2) Move into another room where a vacancy exists, or 3) Allow another student to move into the room to bring the occupancy to the desired room type. If the remaining Resident(s) should select the third option and then fail to accept a new roommate for any reason at any time during the semester in which the vacancy occurs, then the remaining Resident(s) shall be charged at the higher applicable rate (e.g. if one Resident remains the single or...
Rates and Payment. The housing and dining rates are determined annually and approved by the Board of Regents of the University of Wisconsin System. The Resident agrees to pay the rates as established and announced in July. Payment will be made in accordance with the University policy on payment of tuition and fees as described in the University Bulletin. Failure to satisfy the financial obligations accrued under this agreement may result in the denial of further meals, eviction, and/or denial of issuance/transfer of grade transcripts and/or enrollment, pursuant to University rules and regulations governing the imposition of these sanctions. Ten dollars (subject to change) of the room rental rate is allocated to the activities of the United Students in Residence Halls.
Rates and Payment a. A room will not be assigned until an advance deposit of $225.00 (for new or returning Residents) is submitted with the student’s housing application. This advance deposit will be credited to the applicable semester housing invoice. The deposit may be partially refunded if the Assignments Office receives written cancellation by May 1, pursuant to Section (9) of this contract.
b. Room and dining charges must be paid prior to the beginning of each semester. Room assignments may be cancelled by the University if the balance is not paid prior to the first day of classes for the start of the term or by a stipulated due date in accordance with WVU BOG Finance and Administration Rule 5.13, or if alternate payment arrangements have not been approved by the University’s Office of Student Accounts.
c. No refunds will be made to a Resident who fails to return to an assigned hall/room unless the Resident has followed established Housing and Residence Life/Dining Services policies and has been officially released from this Contract. Failure of a Resident to satisfy the financial obligation(s) required by this Contract will result in a hold on registration and official records, and/or cancellation of on-campus housing.
d. Room and Dining Plan fees are refundable to a Resident who is properly withdrawing from the University pursuant to established University and Housing and Residence Life guidelines. A Resident removed for disciplinary reasons will be held accountable for 100% of the financial obligations required under this contract.
e. Although this Contract is for the entire academic year, Students will receive an invoice each term.
f. Room and Dining Plan fees are refundable to a Resident who is withdrawing from the University pursuant to Section 6(d) of this Contract, and prorated per University guidelines and the following timetable:
i. On or after October 11: no refund for fall term charges; no assessment of spring term charges; or
ii. On or after March 4: no refund for spring term charges.
Rates and Payment. Room rates include cable and internet access. Room and board rates are determined annually and are subject to change. You agree to pay the rates established. Payment of your room and meal charges may occur anytime prior to the beginning of a semester. Payment is due on or before the last payment due date for tuition and fees as established each semester by SMSU. Due dates for each semester are available online on the Business Services web page. Individual account information is also available online. Individual bills are not mailed out. Failure of the resident to satisfy the financial obligations stipulated under this Contract will result in denial of further meals(without refund), a hold on registration and official records, and/or eviction from the Residence Halls/ Foundation Residence Apartments within 48 hours of the request. If you are in default of payment, you are liable for all legal and collection costs.
Rates and Payment. Agency shall pay the rates set forth in Schedule A which is attached hereto and hereby made a part of this Agreement. Payment shall be in accordance with the terms and conditions of the Master Agreement.
Rates and Payment. For specific rate information, please refer to your Dining Plan selection. The Student agrees to pay all applicable charges for the selected Dining Plan, including, but not limited to, any cancellation fees assessed. Student will be billed through Drexel Central. Payments are due in accordance with the policies and procedures posted by Drexel Central at ▇▇▇▇▇▇.▇▇▇/drexelcentral. In the event of a material campus closure, the Dining Plan offerings and associated fees will be modified based on planned operations. Dining plan holders will be notified via email to their Drexel email account of such changes.
Rates and Payment. Room rates include utilities, laundry, cable TV and wireless internet access. Room and meal plan rates are determined annually and are subject to change. You agree to pay the rates established. Payment of your room and meal plan charges may occur any time prior to the beginning of a semester. Payment is due on or before the last payment due date for tuition and fees as established each semester by WSU. Due dates for each semester are available online at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/billing/. Individual account information is available online through the student’s e- services. Individual bills are not mailed out. Failure of the student to satisfy the financial obligations stipulated under this Agreement will result in denial of further meals (without refund), a hold on registration and official records, and/or eviction from the WSU residence halls within 48 hours of the request. If you are in default of payment, you are liable for all legal and collection costs.
Rates and Payment. 3.1 Customer shall pay Masergy for all charges associated with the Services at the rates and currency set forth in the Service Order Form. Masergy may change the rates for any Extension Term upon ninety (90) days written notice to Customer prior to the expiration of the current Initial Term or Extension Term.
3.2 Customer is responsible for all recurring charges and non-recurring charges specified in the Service Order Form from and after the Commencement Date. Service charges shall be invoiced monthly in advance. Recurring charges will be prorated for the first and last month of the applicable Service, if the Service is not provided for a complete month.
3.3 All amounts owed by Customer are due and payable upon receipt of Masergy’s invoice and shall be past due thirty (30) days after Customer’s receipt of the invoice; provided that if Masergy sends an invoice to Customer by electronic mail, it shall be deemed to have been received on the date sent. Customer shall remit payment as set forth on the invoice. Notwithstanding any contrary language in any purchase order, Automatic Clearing House/Electronic Funds Transfer (ACH/EFT) authorization agreements or similar documents issued by Customer to Masergy with respect to the Service(s), such authorization agreements or similar documents shall be deemed for Customer’s internal use only and the provisions thereof shall have no effect whatsoever upon the terms and conditions of this Agreement or the provision of the Service(s). Masergy reserves the right to recover bank and/or finance fees related to payment when such payments are not made as per the remittance instructions on the invoice. If a payment due by Customer to Masergy under this Agreement is not received by the due date set forth above, Customer shall be liable for: (i) a late payment charge equivalent to the lesser of 1.5% per month or the maximum rate permitted by applicable law on any past due balances until paid in full; and (ii) any additional charges or expenses incurred by Masergy in recovering outstanding amounts due under this Agreement (including, without limitation, any legal costs and expenses and/or the cost of engaging a debt recovery agent). If Customer requires that a separate billing entity be billed for Services, for proper accounting of value-added taxes or otherwise, Masergy must be notified at the time the Service Order Form is executed or via other advance written notice as to which billing entity and address Customer would like Mas...
Rates and Payment. Rates are determined annually and are subject to change. Please review rates on the Residential Life website. The resident agrees to pay the total amount for the semester, which is due on or before the last payment due date for tuition and fees as established each semester by the University. The total amount for the semester will be added to the resident’s account (Aug-Dec, Jan-May, June-July). Due dates for each semester are available online on the Business Services website. Failure of the Resident to satisfy the financial obligations stipulated under this Agreement will result in a hold on registration and official records, denial of further meals (without refund), and/or eviction from University Housing as stated in the Eligibility section above. If the Resident defaults payment, the Resident is liable for all legal and collection costs. * The University may not be able to enter into third party funding contracts or agreements that supersede the student’s agreement with the University. If you plan on third party subsidy, please inform us at the time of application.