Common use of Deposit and Fees Clause in Contracts

Deposit and Fees. This Agreement commences on and expires on unless the Commonwealth receives payment for an additional year within ten (10) days prior to the expiration date. User agrees to pay a non-refundable annual $60 user fee plus a $40 refundable deposit to the Locker Program Manager in connection with signing this Agreement. The user also agrees pay a one-time application fee of $20. The deposit shall be retained by the Locker Program Manager and refunded to the User upon expiration or revocation of this Agreement provided, within the time allowed under this Agreement, the key is returned, the interior of the locker is clean, and the locker has not been damaged. The User may terminate this agreement at any time and request the deposit refund by returning the locker key along with written notice of termination to the Locker Program Manager. User fee is not pro-rated. All or a portion of the deposit may be kept to contribute toward the cost of cleaning, repairing, or replacing the key, lock or locker. No interest on the deposit shall be paid to the User. User will be issued one key and agrees that no duplicates will be made.