Common use of Fridays and Saturdays Clause in Contracts

Fridays and Saturdays. The Licensee agrees that they shall be held liable for all damages, which may occur as a result of the use of the Party Room, by their guests or themselves. If the cost of such repairs exceeds the amount of the security deposit, the full cost of repairs less the amount of the security deposit shall be assessed against the unit owned or occupied by the Owner (Licensee) and may be recovered in the same manner as common expenses.

Appears in 2 contracts

Sources: Party Room Agreement, Party Room Agreement