Common use of Hire Fee and Deposit Clause in Contracts

Hire Fee and Deposit. a. The Hire Fee is due and payable 14 days prior to the Hire Period. b. The School reserves the right to require a deposit over and above the Hire Fee as a surety against damage to the Premises (including any Equipment) or the Premises being left in an unacceptable condition requiring additional cleaning, caretaking or other expenses.

Hire Fee and Deposit. a. The Hire Fee is due and payable 14 [ ] days prior to the Hire Period. b. The School reserves the right to require a deposit over and above the Hire Fee as a surety against damage to the Premises (including any Equipment) or the Premises being left in an unacceptable condition requiring additional cleaning, caretaking or other expenses.