Common use of SERVICE DEPOSIT Clause in Contracts

SERVICE DEPOSIT. The Client will be required to pay a quoted service deposit for any services unspecified on the agreement. This will be held by Achieve Partner without generating interest. The service deposit or any balance after deducting outstanding fees, and other cost due to Achieve Partner, will be returned to the Client after the Client has settled its account with Achieve Partner and funds have been cleared. Achieve Partner may require the Client to pay an increased deposit if outstanding fees exceed the service deposit held and/or the Client frequently fails to pay Achieve Partner when due.

Appears in 3 contracts

Sources: Virtual Office Agreement, Virtual Office Agreement, Virtual Office Agreement