Common use of Deposit and Payment Clause in Contracts

Deposit and Payment. To secure a rental date, a $1,200.00 deposit from Non-profit organizations and a $2,500.00 deposit from For- profit organizations must be submitted with the signed. A check in that amount is to be made out to the Andover Public Schools. Between the time of the execution of this Agreement and the final performance or event, a bill for the total cost to the renter including custodial, cafeteria services (if any), etc. will be established, exclusive of the maintenance fee (see