Damages Deposit Sample Clauses

A Damages Deposit clause requires one party, typically a tenant or lessee, to provide a sum of money as security against potential damage to property during the term of an agreement. This deposit is usually held by the landlord or property owner and may be used to cover the costs of repairs or cleaning if the property is returned in a worse condition than at the start of the lease. The core function of this clause is to protect the property owner from financial loss due to damage beyond normal wear and tear, ensuring that the property is maintained and that funds are available to address any necessary remediation.
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Damages Deposit. We reserve the right, at our discretion, to charge a refundable deposit for any booking. We always do so for group bookings. We have the right to retain all or part of the deposit in the event of damage, breakages or other loss to us by breaches of this agreement. This does not affect our right to claim further if the deposit is insufficient compensation. The damages deposit is held during your stay and will be refunded 7 days after your departure day, if there is no damage to the property. If you lose a key we will replace it upon you paying for the cutting of a new one.
Damages Deposit. A damages deposit of £250 will be required upon arrival, in cheque form, made payable to “▇▇▇▇▇ Manor”. This is held during your stay and will be refunded 7 days after your holiday, if there is no damage to the property.
Damages Deposit. The Lessee shall be responsible for the cost of repairing all damage to the Facilities and items or any other property of Thousand Acre Farm caused by Lessee and/or Lessee’s representatives and agents, including, without limitation, Lessee’s Parties. A valid credit card is required to be on file in case of damages to the property or additional fees assessed due to any violation or breach of this Agreement. The credit card will be charged $1,000 within seven (7) days of the Event Date if any damages have been assessed or for any other charges hereunder that remain unpaid and by execution of this Agreement such charges are hereby authorized. Thousand Acre Farm will refund your card of $1,000 within (7) days if there are no damages.
Damages Deposit. The Lessee shall be responsible for the cost of repairing all damage to the Facilities and items or any other property of Thousand Acre Farm caused by Lessee and/or /HVVHreHpr¶esVentatives and agents, including, without OLPLWDWLRQ /HVVHH¶V 3DUWLHV $ YDOLG FUHGL damages to the property or additional fees assessed due to any violation or breach of this Agreement. The credit card will be charged $1,000 within seven (7) days of the Event Date if any damages have been assessed or for any other charges hereunder that remain unpaid and by execution of this Agreement such charges are hereby authorized. Thousand Acre Farm will refund your card of $1,000 within (7) days if there are no damages.
Damages Deposit. The Venue is a historical building and grounds owned by Computer Associates (UK) Ltd or an affiliate thereof and they have agreed with us to make the Venue available to you solely in accordance with this Contract. Given the valuable nature of the Venue and its contents, fixtures and fittings, we require payment by you of a damages deposit as stated in the order form and in the event that there is any damage caused to the Venue including its contents, fixtures or fittings or any items supplied for the Event we shall use such damages deposit monies to rectify any such damage unless you show that such damage was not caused by you, your guests or third parties engaged by you. Should the deposit monies be insufficient we will submit one or more invoices to you for the outstanding cost of rectification of damages which you agree to settle within seven (7) days of receipt. Any unused deposit monies will be returned to you once a full inspection has been made of the Venue after the Event, such inspection to be held within 7 days of the Event.
Damages Deposit. A $350 damages deposit is required to accompany all applications for STATE TECH residence halls and will be retained by STATE TECH for so long as the student resides in any STATE TECH cottage. Unless the deposit is forfeited under any of the terms of this agreement, the deposit, less any assessment for damages or outstanding College charges, will be refunded to the student following termination of the cottage agreements by the student and inspection of the premises and property by representatives of the College. The student agrees to be responsible for any cost of repair or defacement or damage to the room or rooms, the cottages, common areas and all College furnishings or property within the housing complex that are damaged or destroyed by the student or his/her guests. The student specifically agrees to be responsible for any damage or defacement to his/her assigned room regardless of who caused the damage or defacement. Cleaning/damage costs may exceed the $350 deposit. Students are required to clean thoroughly before moving out.
Damages Deposit. 5.1. A damages deposit is required to be paid to the EcoLocal charity at the time of booking. 5.1.1. Small Room: deposit of £25 5.1.2. ▇▇▇▇▇▇ Conference Room: deposit of £75 5.1.3. Garden Hall: deposit of £100 5.2. This damages deposit is separate to any hire fee and is returnable 14 days after the last hire time and date covered by the hire agreement as long as all Conditions of Hire (see below) have been adhered to by the Hirer. Confirmation that all Conditions of Hire have been adhered will be at the sole discretion of the EcoLocal charity.
Damages Deposit. 10.1 The Council reserves the right to charge a damages deposit of £100 on any bookings. This will be refunded after the function except in cases where damage or breach of regulations has occurred. 10.2 The Council reserves the right to refuse or cancel any booking for hire of the Town Hall.
Damages Deposit. Licensee shall, in addition to the License Fee, pay The Village $200.00 as a security deposit. This security deposit will be held, until inspection of the facility has been examined. The deposit will be returned to licensee, if damages were not incurred. In the event that The Village must undertake or contract for repairs and/or cleanup after the Event or incur any other expense as a result of the Agreement, Licensee agrees that The Village may immediately apply the deposit against any such cost or expense without notice and in addition to any other remedy available to The Village under the Agreement. The Village shall within sixty (60) days of paying such cost or expense provide Licensee with a receipt or invoice reflecting the nature and amount of the cost or expense. After any and all such costs or expenses are paid, if any amount of the deposit remains, The Village shall within sixty (60) days of the last payment of a cost or expense remit the balance of the deposit to Licensee at its last known address. If no such costs or expenses are incurred, The Village shall remit the full deposit to Licensee at its last known address within sixty (60) days after the Event Time. Licensee acknowledges and agrees that no interest will be paid on any such deposit. Licensee acknowledges and agrees that this provision does not exclude or limit any other remedy of The Village, whether under the Agreement, in law, or in equity. Licensee agrees to abide by all Terms and Conditions of this Addendum. The Village – Village of Mt. Zion Licensee By: By: Date: Date: Name of License Holder: Business Address of License: Name of Applicant: Home Address: Business Phone: Home Phone: Type of Event: (Short Description) Estimated Number of Participants: Date & Time of Event: List of Residents within 400 feet of Primary Facility: Name Address Phone Number 4 5 Method of Checking Under Age Drinkers: Other Requirements: 1. Diagram of Planned Area to be Used: (see attached form) 2. Certificate of Insurance (Dram Shop) - Providing coverage of the event 3. If applicable include type of security planned. 4. Request to be filed in Village Hall at least 72 hours prior to event. Office Use Only: Date Received: Rejected: Approved: Liquor Commissioner alcohol distribution. 1. Indicate the exact location of the event in relation to the primary structure.
Damages Deposit a Damages Deposit of £300 is required 28 days before the Event Day. The Damages Deposit is refundable within 7 days after the Event Day subject to any deductions for damage caused. You will be notified of any deductions within 48 hours of the Event Day.