DEPOSIT POLICIES Clause Samples

The Deposit Policies clause outlines the rules and requirements regarding any deposits that must be paid as part of an agreement. Typically, it specifies the amount or percentage of the total price to be paid upfront, the timing of the deposit, and the conditions under which the deposit may be refunded or forfeited. For example, it may require a 10% deposit upon signing a contract, with the remainder due at a later date, and state that the deposit is non-refundable if the buyer cancels. This clause serves to secure the commitment of the parties and protect the interests of the party receiving the deposit by providing financial assurance against cancellations or breaches.
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DEPOSIT POLICIES. In addition to the rental fees, all rental groups will be charged a separate security deposit for each rental. The deposit covers damage and clean up of the facility.
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DEPOSIT POLICIES. All Facility Use groups must leave a $250.00 deposit to reserve space at the center.
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DEPOSIT POLICIES. Initials
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DEPOSIT POLICIES. In addition to the rental fees, rental groups, as determined by the Park Board, will be charged a separate security deposit for each rental. Security deposit is equal to the amount of rent and must be paid in advance. The deposit covers damage and clean-up of the facility. Automatic forfeiture of the deposit will occur under the following conditions:
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DEPOSIT POLICIES. All Facility Use groups must leave a $250.00 deposit to reserve space at the center. If no cleaning charges or damages have been assessed, the deposit check will be returned. If any cleaning or damage fees were removed from the deposit check, any remaining money will be issued to you after your check has cleared the bank. The entire deposit or any portion thereof will not be refunded if:
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Related to DEPOSIT POLICIES

  • Deposit Policy When purchasing services from BellSouth, Carrier will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in its sole discretion, some other form of security. Any such security deposit shall in no way release Carrier from its obligation to make complete and timely payments of its ▇▇▇▇. Such security shall be required prior to the inauguration of service. If, in the sole opinion of BellSouth, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (UCC1) security interest in Carrier’s “accounts receivables and proceeds.” Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff. Security deposits collected under this Section shall not exceed two months’ estimated billing. In the event Carrier fails to remit to BellSouth any deposit requested pursuant to this Section, service to Carrier may be terminated and any security deposits will be applied to Carrier’s account(s).

  • Investment Policies The Borrower shall at all times be in compliance in all material respects with its Investment Policies (after giving effect to any Permitted Policy Amendments).

  • Policies and Procedures i) The policies and procedures of the designated employer apply to the employee while working at both sites. ii) Only the designated employer shall have exclusive authority over the employee in regard to discipline, reporting to the College of Nurses of Ontario and/or investigations of family/resident complaints. iii) The designated employer will ensure that the employee is covered by WSIB at all times, regardless of worksite, while in the employ of either home. iv) The designated employer will ensure that the employee is covered by liability insurance at all times, regardless of worksite, while in the employ of either home. v) The designated employer shall have exclusive authority over the employee’s personnel files and health records. These files will be maintained on the site of the designated employer.

  • Company Policies and Procedures 7.1.1 The Company will ensure that Employees are able to readily access Company policies and procedures that apply to the Employees. 7.1.2 The Employees will observe and act in accordance with Company policies and procedures that apply to the Employees, as implemented and amended from time to time.

  • Blanket Policies Notwithstanding anything to the contrary in this Section 6.03, any insurance which Lessee is required to obtain pursuant to this Section 6.03 may be carried under a “blanket” policy or policies covering other properties or liabilities of Lessee provided that such “blanket” policy or policies otherwise comply with the provisions of this Section 6.03.