Common use of Deposit 2 Clause in Contracts

Deposit 2. 2.1On Accepting this Agreement you agree to pay the Deposit in accordance with the payment terms set out in Schedule One. 2.2.2We will return the Deposit to you within a reasonable period (which can be up to 4 weeks) after the end of this Agreement less any reasonable deductions for any monies you owe to us under this Agreement (e.g. unpaid Licence Fee, any administration and other costs that we incur if you breach your responsibilities under this Agreement including (but not limited to) payments for loss and damage under clause 5.1). We will return the Deposit to you: - (a) (if you have added details of the bank account that you would like the Deposit to be transferred to on Room Service) by BACs transfer; or (b)(if you have not added details of the bank account that you would like the Deposit to be transferred to on Room Service) by cheque to the contact address that you have provided us with. You should ensure that the Accommodation Office has details of your updated contact address when the Agreement terminates.

Deposit 2. 2.1On Accepting this Agreement you agree to pay the Deposit in accordance with the payment terms set out in Schedule One. 2.2.2We will return the Deposit to you within a reasonable period (which can be up to 4 weeks) after the end of this Agreement less any reasonable deductions for any monies you owe to us under this Agreement (e.g. unpaid Licence Fee, any administration and other costs that we incur if you breach your responsibilities under this Agreement including (but not limited to) payments for loss and damage under clause 5.1). We will return the Deposit to you: - (a) (if you have added details of the bank account that you would like the Deposit to be transferred to on Room Service) by BACs BACS transfer; or (b)(if you have not added details of the bank account that you would like the Deposit to be transferred to on Room Service) by cheque to the contact address that you have provided us with. You should ensure that the Accommodation Office has details of your updated contact address when the Agreement terminates.