Common use of Deposit Refund Clause in Contracts

Deposit Refund. 1) Renting Party must remove decorations, belongings, & trash before the security/damage deposit will be refunded (parking lot included). 2) Upon completion of each rental, a representative of the Visions Building Corporation will check the facility. If there are no damages and clean up has been satisfactorily completed, and the event did not extend beyond the scheduled rental period (1:30 a.m.), Visions shall return the deposit within fourteen (14) business days. 3) If the facility has been damaged, Visions Building Corporation will notify the Renting Party of such damages. 4) Amount of damage will be determined solely by the Visions Building Corporation or its representatives (See Attached) 5) Damages and other deductions in an amount less than $1000.00 will be deducted prior to the return of any deposit. 6) Renting Party is responsible for reimbursing Visions Building Corporation the cost of damages in excess of the $1000.00 security/damage deposit within seven (7) days of written notification by Visions Building Corporation. 7) Charges will be accessed if the fire alarm is pulled during the event.

Appears in 3 contracts

Samples: Event Rental Agreement, Event Rental Agreement, Event Rental Agreement

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Deposit Refund. 1) Renting Party must remove decorations, belongings, & trash before the security/damage deposit will be refunded (parking lot included). 2) Upon completion of each rental, a representative of the Visions Building Corporation will check the facility. If there are no damages and clean up has been satisfactorily completed, and the event did not extend beyond the scheduled rental period (1:30 a.m.), Visions shall return the deposit within fourteen (14) business days. 3) If the facility has been damaged, Visions Building Corporation will notify the Renting Party of such damages. 4) Amount of damage will be determined solely by the Visions Building Corporation or its representatives (See Attached)representatives. 5) Damages and other deductions in an amount less than $1000.00 will be deducted prior to the return of any deposit. 6) Renting Party is responsible for reimbursing Visions Building Corporation the cost of damages in excess of the $1000.00 security/damage deposit within seven (7) days of written notification by Visions Building Corporation. 7) Charges will be accessed if the fire alarm is pulled during the event.

Appears in 1 contract

Samples: Event Rental Agreement

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Deposit Refund. 1) Renting Party must remove decorations, belongings, & trash before the security/damage deposit will be refunded (parking lot included). 2) Upon completion of each rental, a representative of the Visions Building Corporation will check the facility. If there are no damages and clean up has been satisfactorily completed, and the event did not extend beyond the scheduled rental period (1:30 a.m.), Visions shall return the deposit within fourteen (14) business days. 3) If the facility has been damaged, Visions Building Corporation will notify the Renting Party of such damages. 4) Amount of damage will be determined solely by the Visions Building Corporation or its representatives (See Attached)representatives. 5) Damages and other deductions in an amount less than $1000.00 will be deducted prior to the return of any deposit. 6) Renting Party is responsible for reimbursing Visions Building Corporation the cost of damages in excess of the $1000.00 security/damage deposit within seven (7) days of written notification by Visions Building Corporation. 7) Charges will be accessed if the fire alarm is pulled during the event.

Appears in 1 contract

Samples: Event Rental Agreement

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