Common use of Individual Events Clause in Contracts

Individual Events. This is considered a Short-Term Lease Agreement. In order to reserve the Hall for an individual event, the Tenant must make a down payment of $250 (“Rental Deposit”) to the Church at the time of the reservation (execution of this Agreement). The Rental Deposit is part of the Rental Fee. Long-Term Arrangement: This is considered a Long-Term Lease Agreement. The minimum period of a long-term lease agreement is six months. In order to reserve the Hall for under a long-term arrangement, the Tenant must make a down payment of $1,000 (“Rental Deposit”) to the Church at the time of the reservation. In case Tenant terminates the long-term lease agreement, a penalty may apply of up to $1,000.

Individual Events. This is considered a Short-Term Lease Agreement. In order to reserve the Hall for an individual event, the Tenant must make a down payment of $250 (“Rental Deposit”) to the Church at the time of the reservation (execution of this Agreement). The Rental Deposit is part of the Rental Fee. Long-Term Arrangement: This is considered a Long-Term Lease Agreement. The minimum period of a long-term lease agreement is six months. In order to reserve the Hall for under a long-long term arrangement, the Tenant must make a down payment of $1,000 (“Rental Deposit”) to the Church at the time of the reservation. In case Tenant terminates the long-term lease agreement, a penalty may apply of up to $1,000.