Deposit Schedule. TRPA shall have received from the Applicant and shall at all times during the term of this Agreement have on deposit within its exclusive control, sufficient funds from the Applicant to satisfy all the Agreement Costs in sufficient time prior to the earlier of, the date of accrual of the Agreement Costs or the due date for payment of the Agreement Costs to the Consultant as determined by TRPA in its sole discretion. If the payments due to the Consultant exceed the amounts deposited by the Applicant, the Applicant shall pay to TRPA such additional amounts owed Consultant. The Deposit Schedule shall include the following steps:
Deposit Schedule. 1. Rental Deposit: Renter must pay a deposit of (the “Rental Deposit”), which must be paid to Lessor upon the execution of this Agreement. NO DATE or time slot will be held until this fee is paid. Lessor shall have no obligations under this Agreement until the Deposit is paid in full. The balance of the Rental Fee is due 30 days prior to the event.
Deposit Schedule. Upon contract signature $232,300.14 room revenue deposit is due $203,840.00 estimated room revenue for Period One (1), Period Two (2), Period Three (3) and Period Four (4) plus (+) $28,460.14 - applicable taxes* *Abovementioned revenues include applicable taxes - currently, 4.712% for General Excise and 9.25% Transient which are subject to change. Where a portion of a billing is in dispute, payment of those items, which are not in dispute, shall not be excused. TOTAL AMOUNT OF $232,300.14 IS DUE WITHIN FIVE (5) BUSINESS DAYS OF THE SIGNED AGREEMENT, WHICH WILL BE APPLIED TO THE MASTER ACCOUNT. TELEPHONE: 000-000-0000 FAX: 000-000-0000 DBA The MODERN Honolulu ATTENTION: SALES DEPARTMENT
Deposit Schedule. Estimated amount of the Master Account must be paid in advance in accordance with the Deposit Schedule indicated below. Friday, 10-25-2013 373,339.51 room revenue and 100% of parking fees deposit is due $327,600.00 - 50% of estimated room revenue for Period Four (4) plus (+) $45,739.51 applicable taxes* and 100% of parking fee Friday, 11-15-2013 $64.548.09 room revenue and 100% of parking fees deposit is due $56,640.00 estimated room revenue for Period Five (5), Period Six (6) plus (+) $7,908.07 applicable taxes* and 100% of parking fee DEPOSIT SCHEDULE (continued):
Deposit Schedule. Full prepayment of all estimated charges must be made no less than (7) seven days prior to arrival. If Resort does not receive such prepayment, Resort shall have the option of releasing Group’s Room Block and function space by providing Group with written notice, and Group will remain liable for any cancellation damages and other charges provided in this Agreement.
Deposit Schedule. Deposits shall be made by MATCH into the Hotel Account according to the following schedule:
Deposit Schedule. Balances over 90 days past due will be charged interest at the rate of 10%.
Deposit Schedule. Licensee shall pay a nonrefundable advance deposit in the amount of $1,775.00 at the time of execution of the License Agreement. Licensee shall pay the balance of the nonrefundable deposit, if applicable, as follows: Upon booking: Nonrefundable advanced deposit in the amount of $1,775.00 due. 30 days prior to event: Balance of the minimum Center rental fees in the amount of $5,325.00 due. 14 days prior to event: 75% of anticipated Food and Beverage charges due.
Deposit Schedule. Deposit and Payment A deposit schedule based on the estimated group value applies as follows: Up to 61 days prior to function 10% of contracted rate 60 days to 31 days prior to function date 25% of contracted rate 30 days to 15 days prior to function date 75% of contracted rate 14 days to function date 100% of contracted rate Pro Forma invoices will be issued in line with the above deposit schedule. Failure to comply with the deposit schedule may at The Company’s discretion, result in the cancellation of the reservation.
Deposit Schedule. Initial Deposit: 50% of estimated accommodation, food and beverage spend in the hotel. 14 Days Prior: Remainder of estimated accommodation, food and beverage spend in the hotel.
