Fees and Security Deposit Sample Clauses

Fees and Security Deposit. In consideration of the right to use the Facilities in accordance with the provisions of this Agreement, User shall pay Cooking Block the following fees: (a) A refundable security deposit in the amount of Five Hundred Dollars ($500.00) (the “Security Deposit”) to cover damages that might result from User’s use of the Facilities, payable concurrently with the execution of this Agreement by the parties. (b) Hourly Rate: $25/hour or as stipulated booking site. (c) A cleaning fee in the amount of Thirty Dollars ($35.00) per hour for the time required to clean and organize User’s working area following User’s use of the Facilities in the event that in Cooking Block sole discretion, User’s working area requires cleaning. The cleaning fee shall be charged as required on a monthly basis, at the same time and in the same manner as the usage fees. User shall pay all cleaning fees within fourteen (14) days of invoice.
Sample 1
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Fees and Security Deposit. In consideration of the right to use the Facilities in accordance with the provisions of this Agreement, User shall pay La Cocina the following fees: (a) An annual fee of Three Hundred Dollars ($300.00) dollars, payable on the anniversary of the first day of the month in which this Agreement is executed. (b) A refundable security deposit in the amount of Five Hundred Dollars ($500.00) (the “Security Deposit”) to cover damages that might result from User’s use of the Facilities, payable concurrently with the execution of this Agreement by the parties. (c) Ongoing hourly usage fees for User’s use of the Facilities as set forth in the fee sheet/billing procedures contained in the Statement. User shall make payment in advance for User’s first sixty (60) hours of use of the facilities concurrently with the execution of this Agreement by the parties. (d) A cleaning fee in the amount of Thirty Dollars ($30.00) per hour for the time required to clean and organize User’s working area following User’s use of the Facilities in the event that in La Cocina’s sole discretion, User’s working area requires professional cleaning. The cleaning fee shall be charged as required on a monthly basis, at the same time and in the same manner as the usage fees described in Paragraph 8(d), above. User shall pay all cleaning fees within fourteen (14) days of invoice. (e) Overtime fees in accordance with the Statement for unscheduled additional time to use the Facilities, in the event User requests and is granted additional time to complete its food preparation and/or processing activities beyond that properly reserved and scheduled time pursuant to the provisions of this Agreement and of the Statement. In the event La Cocina is unable to reasonably accommodate User’s request for such additional time to use the Facilities, User shall immediately stop working upon the expiration of its properly reserved and scheduled time for such use. The overtime fee shall be charged as required on a monthly basis, at the same time and in the same manner as the usage fees described Paragraph 8(d), above. User shall pay all overtime fees within fourteen (14) days of invoice. (f) Reasonable storage fees in accordance with the fee sheet/billing procedures contained in the Statement for one or more storage units provided by La Cocina.
Sample 1
Fees and Security Deposit. A $150 security deposit will be required for all events.
Sample 1
Fees and Security Deposit. Grantee shall pay a one-time fee of $ .00 per day to use the Pavilion (“Usage Fee”). Grantee also shall pay a refundable security deposit of $ .00 (“Security Deposit”). The payment of the Usage Fee and Security Deposit is a condition precedent to any use of the Pavilion. The Security Deposit will be applied to any cost of repairs made necessary due to the activities of Grantee, or its invitees, at the Pavilion. Once that deduction is made, all further portions of the Security Deposit shall be returned to Grantee within sixty (60) days after the expiration of this Agreement.
Sample 1
Fees and Security Deposit. In consideration of the right to use the Facilities in accordance with the provisions of this Agreement, User shall pay Kitchen the following fees: Orientation Fee (non-refundable) of $50. Annual Membership of $100 (non - refundable) required by all who use the kitchen more than 3 times/year which will cover equipment maintenance. Security Deposit of $100- refundable at the termination of the association with Kitchen. See Item 10 re Cleaning and the Security Deposit. User fees will be $20/hour for a minimum of 16 hours a month. Occasional use fee is $20.00 per hour. The Occasional user must still pay the Orientation Fee and the Security Deposit. The Occasional User may only use the kitchen 3 times a year. Monthly Users will take priority over Occasional Users. On site event fee will be $150 dollars plus a $50-dollar orientation and application fee. Use of tables and chairs will be covered in this fee. Storage Fees for the refrigerator will be $15/month/1/2 shelf. Dry storage will be $20.00 per bin. The 14-gallon bin will be provided by Kitchen. User can install lock if desired.
Sample 1
Fees and Security Deposit. Use of church facilities by non-members is subject to a use and maintenance fee of $200.00 to pay for the upkeep of church facilities. Church members are not required to pay a fee for usage because maintenance of the facilities will be derived from member tithes and offerings. All users shall be required to pay a refundable security deposit in the amount of $400. If an event is scheduled on a day of the week that the church business office is closed, generally Fridays, Saturdays and Sundays, or after the 5PM Monday thru Thursday, the event sponsor is required to reimburse WHFBC for compensation paid for opening and securing the facility. A minimum charge of $75 will be required. Event sponsors requesting a WHFBC representative be onsite during the Event will be charged a compensation fee of $25 per hour.
Sample 1
Fees and Security Deposit. 1. Based on the services provided by the Parties to borrowers respectively, each Party shall have the right to charge service fees on borrowers pursuant to the relevant services agreements with borrowers, in particular: (1) the interest payable by a borrower to his lender shall be subject to the relevant loan agreement between them; (2) the service fee receivable by Party A from a borrower shall be 2.0% of the actual amount of loan obtained by the borrower; and (3) the applicable fees payable by a borrower, except the interest receivable by his lender and the service fee receivable by Party A as described above, shall be collected by Party B from the borrower subject to the relevant Loan Service Agreement (or in such other name as published on the execution platform) and other relevant agreements entered into between Party B and the borrower, provided that the sum of the fees charged by Party B, the service fee charged by Party A and the interest charged by the lender shall comply with the applicable laws and regulatory policies. 2. Party B shall provide the platform of Party A with initial screening and referral service in respect of borrowers. In order to guarantee its service quality, Party B agrees to pay Party A a cooperation security deposit, which shall be used to guarantee and cover the losses arising from excessively high delinquency rate of borrowers, as set forth below: (1) Security deposit ratio As of January 1, 2019, Party B shall pay Party A a cooperation security deposit equivalent to 12% (K) of the balance of outstanding loans newly facilitated hereunder; The above “balance of outstanding loans” refers to, for new cooperation projects between January 1, 2019 and the statistical time period (excluding projects that are overdue as of April 30, 2019), the total principal amount of all borrowers which has not yet been repaid as of the statistical time (including principal that has not yet come due and overdue principal) minus the principal balance after the total principal amount paid by Party B as covered by the security deposit (subject to the agreement in item (2) below). (2) Daily depletion and replenishment of deposit a. Party A and Party B agree to, on each business day, calculate Party B’s depleted deposit on the preceding business day starting from 0:00 on the business day prior to the calculation day to 0:00 on the calculation day (hereinafter referred to as the “depletion period”). The amount of security deposit depleted = total overd...
Sample 1
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Fees and Security Deposit. 2.1 The Licensee will pay the Club the Licence fee set out in Schedule A to this Agreement, which amount shall be paid in full at time of key collection as agreed with the Booking Officer. 2.2 In the event of the Licensee wishing to cancel the Licence within 7 days before the Licence period, the Club reserves the right to possibly charge a cancellation fee equivalent to 20% of the Licence fee. 2.3 The Licensee will lodge a security deposit equivalent to the amount set out in Schedule A hereto at time of the Club confirming the proposed booking. This amount will be repaid in full to the Licensee within 7 days of the completion of the Licence period, subject to Clause 2.4 below. 2.4 The Licensee authorises the Club to deduct and retain out of any security deposit any amount as it may think fit and to apply or set off such amount in satisfaction of any liability of the Licensee under this Agreement, including damages for breach of this Agreement.
Sample 1

Related to Fees and Security Deposit

  • Rent and Security Deposit i. Tenant agrees to pay to Landlord for the Leased Premises in lawful money of the United States rent for the first twelve (12) months of the term hereof at the rate of Fifteen Dollars ($15.00) per square foot of occupied space, in advance, except that the monthly installment which otherwise shall be due on the commencement date recited above, shall be due and payable on the date hereof. Thereafter one such monthly installment shall be due and payable without demand on or before the first day of each calendar month succeeding the commencement date; further provided, that the rental payment for any fractional calendar month at the commencement or end of the Lease term shall be prorated. The rate charged for rent shall increase by $0.50 (Fifty Cents) per year for each such succeeding twelve (12) month period. ii. In addition, Tenant agrees to deposit with Landlord on the date hereof the sum of One Thousand Dollars ($1,000.00), which sum shall be held by Landlord, without obligation for interest, as security for the full, timely and faithful performance of Tenant's covenants and obligations under this Lease, it being expressly understood and agreed that such deposit is not an advance rental deposit or a measure of Landlord's damages in case of Tenant's default. Upon the occurrence of any event of default by Tenant, Landlord may, from time to time, without prejudice to any other remedy provided herein or provided by law, use such funds to the extent necessary to make good any arrears of rent or other payments due to Landlord hereunder, and any other damage, injury, expense or liability caused by any event of Tenant's default; and Tenant shall pay to Landlord on demand the amount so applied in order to restore the security deposit to its original amount. Although the security deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord to Tenant at such time after termination of this Lease when Landlord shall have determined that all Tenant's obligations under this Lease have been fulfilled. Subject to the other terms and conditions contained in this Lease, if the Building is conveyed by Landlord, said deposit may be turned over to Landlord's grantee, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.

  • Security Deposit Tenant has deposited or concurrently herewith is depositing with Landlord the sum set forth in Article 1.F. of the Basic Lease Provisions as security for the full and faithful performance of every provision of this Lease to be performed by Tenant. If Tenant breaches any provision of this Lease, including but not limited to the payment of rent, Landlord may use all or any part of this security deposit for the payment of any rent or any other sums in default, or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's default. If any portion of said deposit is so used or applied, Tenant shall, within five (5) days after written demand therefor, deposit funds with Landlord in a form acceptable under Section 3(b) above and in an amount sufficient to restore the security deposit to its full amount. Tenant agrees that Landlord shall not be required to keep the security deposit in trust, segregate it or keep it separate from Landlord's general funds, but Landlord may commingle the security deposit with its general funds and Tenant shall not be entitled to interest on such deposit. At the expiration of the Term, and provided there exists no default by Tenant hereunder, the security deposit or any balance thereof shall be returned to Tenant (or, at Landlord's option, to Tenant's "Transferee", as such term is defined in Article 15 below), provided that subsequent to the expiration of this Lease, Landlord may retain from said security deposit (i) an amount reasonably estimated by Landlord to cover potential Direct Cost reconciliation payments due with respect to the calendar year in which this Lease terminates or expires (such amount so retained shall not, in any event, exceed ten percent (10%) of estimated Direct Cost payments due from Tenant for such calendar year through the date of expiration or earlier termination of this Lease and any amounts so retained and not applied to such reconciliation shall be returned to Tenant within thirty (30) days after Landlord's delivery of the Statement for such calendar year), (ii) any and all amounts reasonably estimated by Landlord to cover the anticipated costs to be incurred by Landlord to remove any signage provided to Tenant under this Lease, to remove cabling and other items required to be removed by Tenant under Section 29(b) below and to repair any damage caused by such removal (in which case any excess amount so retained by Landlord shall be returned to Tenant within thirty (30) days after such removal and repair), and (iii) any and all amounts permitted by law or this Article 4. Tenant hereby waives the provisions of Section 1950.7 of the California Civil Code and all other provisions of law, now or hereafter in effect, which provide that Landlord may claim from a security deposit only those sums reasonably necessary to remedy defaults in the payment of rent, to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums specified in this Article 4 above, and all of Landlord's damages under this Lease and California law including, but not limited to, any damages accruing upon termination of this Lease under Section 1951.2 of the California Civil Code and/or those sums reasonably necessary to compensate Landlord for any other loss or damage, foreseeable or unforeseeable, caused by the acts or omissions of Tenant or any officer, employee, agent, contractor or invitee of Tenant.

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one)

  • Additional Security Deposit No additional security deposit shall be required in connection with this Amendment.

  • Security Deposit Account If applicable law or a Lender requires a segregated account of Tenant security deposits, Property Manager will open a separate account at a reputable bank or other financial institution. Property Manager may return such deposits to any Tenant in the ordinary course of business in accordance with the terms of the applicable Lease.

  • Fronting Fee and Documentary and Processing Charges Payable to L/C Issuer The Borrower shall pay directly to the L/C Issuer for its own account a fronting fee with respect to each Letter of Credit, at the rate per annum specified in the Fee Letter, computed on the daily amount available to be drawn under such Letter of Credit on a quarterly basis in arrears. Such fronting fee shall be due and payable on the tenth Business Day after the end of each March, June, September and December in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. In addition, the Borrower shall pay directly to the L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the L/C Issuer relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable.

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.” (b) The Xxxxxxx Money Deposit shall be held by Escrow Agent subject to the terms and conditions of an Escrow Agreement dated as of the date of this Contract entered into by Seller, Buyer and Escrow Agent (the “Escrow Agreement”). The Xxxxxxx Money Deposit shall be held in an interest-bearing account in a federally insured bank or savings institution reasonably acceptable to Seller and Buyer, with all interest to accrue to the benefit of the party entitled to receive it and to be reportable by such party for income tax purposes; provided, however, to the extent that Buyer instructs the Escrow Agent to apply the Xxxxxxx Money Deposit toward the Purchase Price in accordance with Section 2.4, interest shall be deemed to have accrued to the benefit of Buyer and be reportable by Buyer for income tax purposes.

  • Fronting Fee and Documentary and Processing Charges Payable to L/C Issuers The Borrower shall pay directly to each L/C Issuer for its own account a fronting fee (a “Fronting Fee”) with respect to each Letter of Credit issued by it, at the rate per annum equal to 0.125% computed on the daily maximum amount then available to be drawn under such Letter of Credit. Such fronting fees shall be computed on a quarterly basis in arrears. Such fronting fees shall be due and payable on the tenth Business Day after the end of each March, June, September and December in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.07. In addition, the Borrower shall pay directly to each L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of such L/C Issuer relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable within ten Business Days of demand and are nonrefundable.

  • CONTRACT LIMIT, FEES AND EXPENSES changing the not-to-exceed amount of the Contract from FOUR HUNDRED TEN THOUSAND ONE HUNDRED SEVENTY-SEVEN DOLLARS AND ZERO CENTS ($410,177.00) to SIX HUNDRED SEVENTY THOUSAND ONE HUNDRED SEVENTY- SEVEN DOLLARS AND ZERO CENTS ($670,177.00), as approved by the Executive Director on October 31, 2022.

  • Interest Fees and Charges 1Interest

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