Common use of Termination Before Occupancy Clause in Contracts

Termination Before Occupancy. After Housing & Dining has assigned Student to University Housing assignment, if Student wishes to terminate this contract before occupancy, Student must notify CU Boulder in advance pursuant to the notice requirements. A first-year Student cannot terminate this contract before occupancy unless CU Boulder released Student from the live-on requirement under this contract. Except for first-year Students, CU Boulder will treat a Student’s failure to enroll in classes and occupy the assigned space by 9:00 AM on the first day of classes each semester as Student’s termination prior to occupancy. The following financial consequences will apply to any Student termination prior to occupancy:  The $50 application charge will not be refunded.  The $250 deposit will be refunded.  If Student terminates prior to or on December 31, 2020 there is no cancellation charge.  If Student terminates after December 31, 2020, Student must pay a cancellation charge of 15% of the Rate for that semester.  CU Boulder will not require Student to pay a cancellation charge if: (1) CU Boulder has determined that termination of this contract is necessary to reasonably accommodate Student’s disability; (2) Student has graduated, withdrawn by taking zero credits (including matriculation, continuing education, and online credits) at the University of Colorado Boulder; (3) Student has decided to attend another University of Colorado campus instead of the University of Colorado Boulder and provided documentation to Housing & Dining to support any of those circumstances; or (4) Housing & Dining approved Student’s petition for release from the cancellation charge requirement. • Any other financial responsibilities already paid by Student pursuant to this contract will be refunded or credited to Student’s account to the extent they are refundable.

Termination Before Occupancy. After Housing & Dining has assigned Student to University Housing assignment, if Student wishes to terminate this contract before occupancy, Student must notify CU Boulder in advance pursuant to the notice requirements. A first-year Student cannot terminate this contract before occupancy unless CU Boulder released Student from the live-on requirement under this contract. Except for first-year Students, CU Boulder will treat a Student’s failure to enroll in classes and occupy the assigned space by 9:00 AM on the first day of classes each semester as Student’s termination prior to occupancy. The following financial consequences will apply to any Student termination prior to occupancy:  The $50 application charge will not be refunded.  The $250 deposit will be refunded.  If Student terminates prior to or on December 31August 10, 2020 there is no cancellation charge.  If Student terminates after December 31August 10, 2020, Student must pay a cancellation charge of 15% of the Rate for that semester.  CU Boulder will not require Student to pay a cancellation charge if: (1) CU Boulder has determined that termination of this contract is necessary to reasonably accommodate Student’s disability; (2) Student has graduated, withdrawn by taking zero credits (including matriculation, continuing education, and online credits) at the University of Colorado Boulder; (3) Student has decided to attend another University of Colorado campus instead of the University of Colorado Boulder and provided documentation to Housing & Dining to support any of those circumstances; or (4) Housing & Dining approved Student’s petition for release from the cancellation charge requirement. • Any other financial responsibilities already paid by Student pursuant to this contract will be refunded or credited to Student’s account to the extent they are refundable.