Common use of USAGE FOR FUTURE EXPENSES AND FORFEITURES Clause in Contracts

USAGE FOR FUTURE EXPENSES AND FORFEITURES. Scholarships may be used for future educational expenses, provided, however, except as set forth below, contestants must begin use of their scholarships within 1 year of the date of the award. Prior to the date of forfeiture, reasonable attempt will be made by the local organization to notify the contestant of impending forfeiture. If a contestant has not submitted a request to the Miss Type Organization Name Organization for her scholarship award dollars during this period, her right to request funds will be forfeited. If a contestant forfeits any money from her scholarship award at the local level, her award at the state and national level will automatically be forfeited.

Appears in 1 contract

Sources: Contestant Contract

USAGE FOR FUTURE EXPENSES AND FORFEITURES. Scholarships may be used for future educational expenses, provided, however, except as set forth below, contestants must begin use of their scholarships within 1 year years of the date of the award. Prior to the date of forfeiture, reasonable attempt will be made by the local state organization to notify the contestant of impending forfeiture. If a contestant has not submitted a request to the Miss Type Organization Name Organization for her scholarship award dollars during this period, her right to request funds will be forfeited. If a contestant forfeits any money from her scholarship award at the local level, her award at the state and national level will automatically be forfeited.

Appears in 1 contract

Sources: Contestant Contract