Extract of terms of lease contract

Article 5- TERMINATION :

In accordance with articles in the Operating Charter and the Articles of Association, the MAISEL may terminate this lease.

The tenant may terminate the lease, subject to compliance with a one month’s upon notice to the Director of MAISEL by either registered mail return receipt requested or by hand-delivery letter that the MAISEL Director must as proof of receipt. On expiry of the notice period, the participant will forfeit any right to occupancy.

If the notice period of one month is not met, the tenant is responsible for the rent and monthly fees corresponding to the one month period except upon written proof of academic exclusion.

This provision is not applicable to tenants whose stay is less than one month period.