Payment and security deposit Sample Clauses

Payment and security deposit. The guest is obliged to pay a deposit of 100% of the total rental price (for Flexible and Non Refundable Rate) prior to the arrival date, after receipt of and in accordance with the terms of the reservation confirmation. If no special agreement has been made, then the full accommodation fee, including the charges for incidental expenses and additional services, is due for payment and must be paid to 24 BAK Betriebs GmbH & Co. KG on commencement of the stay. If the guest does not pay the deposit or final payment within the agreed periods or when the amount is due, and 24 BAK Betriebs GmbH & Co. KG is ready and able to provide the contractual service, then 24 BAK Betriebs GmbH & Co. KG can withdraw from the contract after sending a reminder setting a deadline, and assert claims for damages against the guest. The guest is obliged to pay to 24 BAK Betriebs GmbH & Co. KG a security of at least a minimum of €300.00 for keys, furnishings and fittings made available. The security deposit must be paid before commencement of the stay and is not interest-bearing. It will be reimbursed to the guest at the end of the stay, at the latest 30 days (depending on the credit card company) after departure and on due return of the accommodation at the guest's departure.
Sample 1
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Payment and security deposit. The guest is obliged to pay a deposit of 100% of the total rental price (for Flexible and Non Refundable Rate) prior to the arrival date, after receipt of and in accordance with the terms of the reservation confirmation. If no special agreement has been made, then the full accommodation fee, including the charges for incidental expenses and additional services, is due for payment and must be paid to APSK Betriebsgmbh & Co. KG on commencement of the stay. If the guest does not pay the deposit or final payment within the agreed periods or when the amount is due, and APSK Betriebsgmbh & Co. KG is ready and able to provide the contractual service, then APSK Betriebsgmbh & Co. KG can withdraw from the contract after sending a reminder setting a deadline, and assert claims for damages against the guest. The guest is obliged to pay to APSK Betriebsgmbh & Co. KG a security of at least a minimum of €300.00 for keys, furnishings and fittings made available. The security deposit must be paid before commencement of the stay and is not interest-bearing. It will be reimbursed to the guest at the end of the stay, at the latest 30 days (depending on the credit card company) after departure and on due return of the accommodation at the guest's departure.
Sample 1
Payment and security deposit. In order to assure performance of licensee’s obligations under this Agreement, licensee, at the time of signing this Agreement, shall deposit with licenser, the rate as outlined below according to the Fee Schedule. Licensee shall remit in the form of TWO (2) PAYMENTS, one for the rental fee and one for the security deposit. The above date will only be reserved upon receipt of both checks and the signed agreement. Licensee is required to check the rental calendar for availability and send an email to xxxxxx@xxxxxxxxxx.xxx on the day this Agreement is printed, the licensee will then be granted the reservation of the date above, for seven (7) days from said email. If the Agreement along with two forms of payment is not received within the 7 days the date will no longer be held for licensee.
Sample 1
Payment and security deposit. The guest is obliged to pay a deposit of 30% of the total rental price (except non refundable rate = 100% immediate prepayment) with a minimum of € 300,- prior to the arrival date, after receipt of and in accordance with the terms of the reservation confirmation. The due date of the final payment depends on the agreement made with the guest and stated in the offer or contract. If no special agreement has been made, then the full accommodation fee, including the charges for incidental expenses and additional services, is due for payment and must be paid to APSK Betriebsgmbh & Co. KG on commencement of the stay. If the guest does not pay the deposit or final payment within the agreed periods or when the amount is due, and APSK Betriebsgmbh & Co. KG is ready and able to provide the contractual service, then APSK Betriebsgmbh & Co. KG can withdraw from the contract after sending a reminder setting a deadline, and assert claims for damages against the guest. The guest is obliged to pay to APSK Betriebsgmbh & Co. KG a security of at least a minimum of €300.00 for keys, furnishings and fittings made available. The security deposit must be paid before commencement of the stay and is not interest-bearing. It will be reimbursed to the guest at the end of the stay, at the latest 30 days (depending on the credit card company) after departure and on due return of the accommodation at the guest's departure.
Sample 1
Payment and security deposit. Payments will be accepted via cash, credit, or debit card. A $500.00 security deposit will hold the dates you requested (as available). Upon arriving to conclude the rental contract and be briefed on the boat safety protocol, the RENTER will pay the total of the daily rental fees plus the one-time fuel fee (see item #8). Upon returning the boat and equipment, a thorough inspection of the boat will be conducted. Any cost for damages and/or cleaning fees will be deducted from the security deposit. Any balance remaining will also be paid at that time. (see item #9).
Sample 1
Payment and security deposit. EXCEL agrees to take commercially reasonable efforts to invoice Customer via a mutually agreeable transmission method on or about the fifth (5th) business day after the close of each Billing Cycle for the Services and for any other sums due EXCEL under this Agreement. Customer shall pay each invoice upon receipt in immediately available U.S. funds. Any invoice not properly disputed as provided for herein, and not paid by the due date, will bear late payment fees at the lower of one and one-half percent (1-1/2%) per month or the highest rate legally permissible, until paid. An invoice is past due if it is not paid within thirty (30) calendar days after the date of the invoice. Further, EXCEL may suspend the Services, apply cash deposit or exercise letter of credit if any invoice not properly disputed is not paid by its due date and this failure remains uncorrected for five (5) business days after receipt of written notice that the payment is past due. Notwithstanding anything in this Agreement to the contrary, no payment due under this Agreement (with the exception of amounts properly disputed) is subject to reduction, set-off or adjustment of any nature by Customer. Customer shall pay EXCEL for the Services furnished to Customer at the rates, fees and charges set forth in the Agreement. Customer is liable for all charges for the Services, including, without limitation, charges associated with activating, or deactivating, Customer’s traffic on EXCEL’s network, any fraudulent usage charges, short duration calls or use of the Services by End Users (whether or not Customer collects from its End Users). The responsibility for payment is not altered by virtue of any use, misuse, or abuse of Customer’s service, systems, equipment or facilities undertaken or caused by third parties, including without limitation Customer’s employees. Customer represents that the address provided to EXCEL for billing purposes is either Customer’s residential or business street address. Customer must have and maintain credit satisfactory to EXCEL to receive and continue to receive services. Customer agrees that EXCEL may request credit information from third parties and authorizes the release of such information as part of this application. Customer further authorizes EXCEL to investigate Customer’s credit history at any time and to share credit information about Customer with credit reporting agencies. Upon the initial Service Order EXCEL will review the Customer’s credit and EXCEL ...
Sample 1
Payment and security deposit. The guest is obliged to pay an immediate deposit of 100% of the total rental price (for Flexible and Non Refundable Rate) prior to the arrival date, after receipt of and in accordance with the terms of the reservation confirmation. If no special agreement has been made, then the full accommodation fee, including the charges for incidental expenses and additional services, is due for payment and must be paid to Alpin Rentals GmbH on commencement of the stay. If the guest does not pay the deposit or final payment within the agreed periods or when the amount is due, and Alpin Rentals GmbH is ready and able to provide the contractual service, then Alpin Rentals GmbH can withdraw from the contract after sending a reminder setting a deadline, and assert claims for damages against the guest. The guest is obliged to pay to Alpin Rentals GmbH a security of at least a minimum of €300.00 for keys, furnishings and fittings made available. The security deposit must be paid before commencement of the stay and is not interest-bearing. It will be reimbursed to the guest at the end of the stay, at the latest 14 days after departure and on due return of the accommodation at the guest's departure.
Sample 1
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Payment and security deposit. The guest is obliged to pay a deposit of 30% of the total rental price (except non refundable rate = 100% immediate prepayment) with a minimum of € 300,- prior to the arrival date, after receipt of and in accordance with the terms of the reservation confirmation. The due date of the final payment depends on the agreement made with the guest and stated in the offer or contract. If no special agreement has been made, then the full accommodation fee, including the charges for incidental expenses and additional services, is due for payment and must be paid to Alpin Rentals GmbH on commencement of the stay. If the guest does not pay the deposit or final payment within the agreed periods or when the amount is due, and Alpin Rentals GmbH is ready and able to provide the contractual service, then Alpin Rentals GmbH can withdraw from the contract after sending a reminder setting a deadline, and assert claims for damages against the guest. The guest is obliged to pay to Alpin Rentals GmbH a security of at least a minimum of €300.00 for keys, furnishings and fittings made available. The security deposit must be paid before commencement of the stay and is not interest-bearing. It will be reimbursed to the guest at the end of the stay, at the latest 30 days (depending on the credit card company) after departure and on due return of the accommodation at the guest's departure.
Sample 1
Payment and security deposit 
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Related to Payment and security deposit

  • Rent and Security Deposit (if applicable). Renter will pay the Town a rental fee of $ at the signing of this Rental Agreement. Renter will also pay the Town a security deposit of $ at the signing of this Rental Agreement.

  • BASE RENT AND SECURITY DEPOSIT (a) Tenant agrees to pay during each month of the Lease Term as Base Rent (“Base Rent”) for the Premises the sums shown for such periods in Item 5 of the Basic Lease Provisions.

  • Security Deposit Upon execution of this Lease, Tenant shall deposit with Landlord the amount of the Security Deposit specified on [Page One], of this Lease. The Security Deposit will be returned to Tenant without interest upon the expiration of the Term of the Lease, provided that Xxxxxx has paid all amounts due under this Lease and has otherwise performed all obligations hereunder. In the event that Tenant defaults under any provision of this Lease, and after the expiration of any applicable cure period, Landlord may apply all, or any part of the Security Deposit to amounts owed by Tenant. In the event Landlord elects to apply the Security Deposit as provided for above, Tenant shall promptly restore such Security Deposit to the original amount. Landlord may, at its discretion, commingle such funds with its other funds, Upon any sale or other conveyance of the Building, Landlord may transfer the Security Deposit (or any amount of the Security Deposit remaining) to a successor/owner, and Xxxxxx agrees to look solely at the successor/owner for repayment of the same. Notwithstanding anything to the contrary in the paragraph above, in lieu of a cash Security Deposit, Tenant may deliver the Security Deposit in the form of an unconditional, clean, irrevocable standby letter of credit, in a form acceptable to Landlord, and issued by a bank reasonably acceptable to Landlord (the “Letter of Credit”) as security, provided the Letter of Credit shall be delivered to Landlord with executed copies of this Lease. The Letter of Credit shall (i) be unconditional, irrevocable, transferable, payable to Tenant upon presentment of original to the issuer in person or by courier, in partial or full draws, and (ii) contain an “evergreen” provision which provides that it is automatically renewed on an annual basis (subject to the permitted date of termination set forth below) unless the issuer delivers thirty (30) days’ prior written notice of cancellation to Landlord and Tenant. Without limiting any of Landlord’s rights or remedies hereunder, if the bank issuing the Letter of Credit provides Landlord with a cancellation notice, Landlord may immediately draw upon all or any part of the Letter of Credit and Tenant shall provide Landlord with an additional irrevocable stand-by letter of credit as provided below. Any and all fees or costs charged by the issuer in connection with the Letter of Credit shall be paid by Xxxxxx. The irrevocable stand-by Letter of Credit shall remain effective through the date that is sixty (60) days following the expiration date this Lease. If Tenant defaults with respect to any provision of this Lease beyond applicable notice and cure periods, including but not limited to the provisions relating to the payment of Rent, Landlord may draw upon all or any part of Tenant’s Letter of Credit. If any portion of the Security Deposit is so used, applied, or retained, Tenant will within ten (10) days after written demand from Landlord, provide to Landlord an additional irrevocable, stand-by letter of credit, which shall be in form and substance satisfactory to Landlord, issued by a bank reasonably acceptable to Landlord, in an amount sufficient to restore the Security Deposit to its required amount pursuant to this Section 8. Tenant’s failure to replenish the Security Deposit shall constitute a failure to pay Additional Rent and Tenant shall have ten (10) days from the date of notice to cure such default.

  • 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) ☐ - Agent for returning to vacating tenants. ☐ - Owner for returning to vacating tenants.

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

  • Tenant Security Deposits All unapplied tenant security deposits (and interest thereon if required by law or contract to be earned thereon) under the Leases, shall be credited to Buyer at Closing.

  • Security Deposit Letter of Credit As a condition of this Lease, in lieu of a third-party guaranty, Tenant shall, with delivery of the Lease executed by Tenant, deliver to Landlord an unconditional and irrevocable letter of credit, in a form approved by Landlord, from a commercial banking institution which is a member of FDIC with assets of more than $250,000,000.00, approved by Landlord, in the amount of $100,000.00 (“Letter of Credit”) to be held by Landlord as security for the performance by Tenant of all the covenants and obligations of Tenant set forth in this Lease. Tenant shall submit its proposed form of Letter of Credit prior to execution of the Lease for Landlord’s review and approval. Tenant acknowledges and agrees that it shall keep the Letter of Credit in full force and effect throughout the Term of this Lease (and any extension or renewal thereof) and for thirty (30) days following the end thereof. In the event the term of the Letter of Credit must be renewed annually, then not less than thirty (30) days prior to any expiration date of the Letter of Credit (“Renewal Deadline”), Tenant shall provide Landlord with a replacement Letter of Credit or extension amendment. Said Letter of Credit shall contain terms whereby it can be drawn on by Landlord at sight on any date during its term on which issuer shall receive from Landlord a certification signed by Landlord stating that an Event of Default has occurred by Tenant under this Lease or that Tenant has failed to provide a replacement Letter of Credit, as required under the Lease. Tenant acknowledges that the Landlord is the beneficiary of the Letter of Credit and the proceeds thereof are not the property of the Tenant. Landlord shall have the right, but not the obligation, to apply the proceeds against any or all amounts then due and owing by Tenant hereunder and/or against sums expended by Landlord, including attorneys fees. Such actions by Landlord do not negate Tenant’s obligations to pay Rental thereafter. Any balance left of the sum received from drawing on the Letter of Credit, after the curing of defaults and/or the payment of amounts due by Tenant, shall be held by Landlord, as beneficiary, until the earlier of the replacement of the Letter of Credit, as required below, or thirty (30) days following the end of the Term of this Lease (and any extension or renewal thereof). The original Letter of Credit or any portion of the proceeds which are not utilized by Landlord for any purpose permitted under this Lease shall be returned to the issuing banking institution within thirty (30) days after the end of the Term provided Tenant has performed all of the remaining obligations imposed upon Tenant pursuant to this Lease. In the event Landlord shall draw on any Letter of Credit provided by Tenant, Tenant shall replace same no later than thirty (30) days after the date of such drawing and, if same is not replaced, such failure shall constitute an additional Event of Default under the terms of this Lease and Landlord shall have the benefit of all remedies permitted pursuant to the terms of this Lease and the laws of the State where the Premises are located.

  • 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.

  • Lease Deposit Upon the execution hereof, Lessor shall loan Lessee an amount equal to twenty-five percent (25%) of the first full year's Base Rent (the "Lease Deposit"). The Lease Deposit shall be held by Lessor as security for the performance by Lessee of Lessee's covenants and obligations under the Lease. The Lease Deposit shall not be considered an advance payment of rental or a measure of Lessor's damages in case of default by Lessee. Lessor may, from time to time, without prejudice to any other remedy, use the proceeds thereof to make good any arrearages of Rent, to satisfy any other covenant or obligation of Lessee hereunder or to compensate Lessor for any other loss or damage which Lessor may suffer by reason of any default by Lessee. Following any such use of the Lease Deposit by the Lessor, Lessee shall deliver to Lessor on demand an amount sufficient to restore the aggregate amount held by Lessor, not including any interest earned on the Lease Deposit, to the amount of the original Lease Deposit. If Lessee is not in default at the termination of the Lease, and has complied with all of the provisions of this Lease to be performed by Lessee, including surrender of the Leased Property in accordance with the provisions hereof and has repaid the loan of the Lease Deposit, the Lease Deposit, not including any interest earned on such Lease Deposit, shall be returned by Lessor to Lessee, subject to any draws which have previously been made by Lessor against the Lease Deposit and not replenished by the Lessee. Lessee will not assign or encumber Lessee's interest in the Lease Deposit, and neither Lessor nor Lessor's successors or assigns will be bound by any such attempted assignment or encumbrance of the Lease Deposit. Any interest earned on the Lease Deposit will be for the sole benefit of the Lessor and shall not in any way reduce any amounts owed by Lessee under the terms hereof.

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