Deposit and Balance Sample Clauses
The 'Deposit and Balance' clause outlines the requirements for initial and ongoing payments in a contractual relationship. Typically, it specifies that a certain amount must be paid upfront as a deposit to secure services or goods, with the remaining balance due at a later stage, such as upon delivery or completion of work. This clause ensures that the provider receives a financial commitment from the client, reducing the risk of non-payment and clarifying the payment schedule for both parties.
Deposit and Balance. Exhibitor will pay Management the total exhibit space cost in the amount indicated on the reverse of this Contract for the exhibit space (collectively, the “Payment”). Payment is non-refundable, provided that if Management, in its sole discretion,exercises its right to terminate this Contract without Cause at any time, then Management will refundthe Payment. “Cause” will mean (i) Exhibitor’s failure to comply with the terms of this Contract,including a failure to pay any installment of the Payment prior to the applicable due date set forth inthis Section 2, or Exhibitor’s obligations set forth in the Exhibitor’s Manual or
Deposit and Balance a. Due to the high number of enquiries, reservations are handled on a “first come, first served” basis.
b. To confirm a reservation, a 50% deposit of the total reservation amount is required, and the balance needs to be paid at the latest by the time of the Check-In.
c. Deposit and balance agreements might be changed during the communication of the reservation between “Minggu Villas” and the “Hirer”.
d. For balance payments not made as required herein, Minggu Villas may cancel the booking retaining the Deposit in which case this Rental Contract will be thereby terminated without further notice required.
Deposit and Balance. The Hirer will pay to the Club a non-refundable deposit of $100 at the time of confirmation of the booking. The booking will not be confirmed unless the deposit is paid. The deposit should be made by EFT (Electronic Funds Transfer) directly into the Club’s Bank Account, as follows: ▪ Bank: Westpac Bank ▪ BSB & Account No: 036073 125917 The balance of the total Venue hire fee must be paid to the Club on the date of the function.