Common use of Security Deposit Amount Clause in Contracts

Security Deposit Amount. Not more than four times per calendar year Expedia shall review the amount of the Security Deposit and in consultation with Decolar determine whether it should be increased or decreased based on the Expedia Travel Product bookings both to date and forecasted. If Expedia decides, acting reasonably, to increase the amount of the Security Deposit, Decolar shall pay to Expedia the amount of such increase within *** days of such change

Appears in 2 contracts

Sources: Lodging Outsourcing Agreement (Despegar.com, Corp.), Lodging Outsourcing Agreement (Despegar.com, Corp.)