Common use of Security Bond Clause in Contracts

Security Bond. The Security Bond will be retained by Us as a security for the performance of any of Your obligations and liabilities under the Rental Contract and is fully refundable to You provided that: (a) all amounts due to Us under the Rental Contract have been paid, including toll road charges and refuelling costs; (b) the Vehicle has been returned to the Rental Location at the date and time set in the Rental Agreement; (c) there is no Damage or Third Party Loss; (d) the exterior and interior of the Vehicle are clean; (e) the Vehicle has a full tank of fuel; and (f) there has not been a Major Breach of the Rental Contract, We reserve the right to retain all or part of the Security Bond if there is a breach of any of these conditions.

Security Bond. The Security Bond will be retained by Us as a security for the performance of any of Your obligations and liabilities under the Rental Contract and is fully refundable to You provided that: (a) all amounts due to Us under the Rental Contract have been paid, including toll road charges and refuelling costs; (b) the Vehicle has been returned to the Rental Location Station at the date and time set in the Rental Agreement; (c) there is no Damage (except for reasonable wear and tear) or Third Party Loss; (d) the exterior and interior of the Vehicle are clean; (e) the Vehicle has a full tank of fuel; and (f) there has not been a Major Breach of the Rental Contract, We reserve the right to retain all or part of the Security Bond if there is a breach of any of these conditions.

Security Bond. The Security Bond will be retained by Us as a security for the performance of any of Your obligations and liabilities under the Rental Contract and is fully refundable to You provided that: (a) all amounts due to Us under the Rental Contract have been paid, including toll road charges and refuelling costs; (b) the Vehicle has been returned to the Rental Location at the date and time set in the Rental Agreement; (c) there is no Damage or Third Third-Party Loss; (d) the exterior and interior of the Vehicle are clean; (e) the Vehicle has a full tank of fuel; and (f) there has not been a Major Breach of the Rental Contract, We reserve the right to retain all or part of the Security Bond if there is a breach of any of these conditions.

Security Bond. The Security Bond will be retained by Us as a security for the performance of any of Your obligations and liabilities under the Rental Contract and is fully refundable to You provided that: (a) all amounts due to Us under the Rental Contract have been paid, including toll road charges and refuelling costs; (b) the Vehicle has been returned to the Rental Location at the date and time set in the Rental Agreement; (c) there is no Damage or Third Party Loss; (d) the exterior and interior of the Vehicle are clean; (e) the Vehicle has a full tank of fuel; and (f) there has not been a Major Breach of the Rental Contract, We reserve the right to retain all or part of the Security Bond if there is a breach of any of these conditions.,

Security Bond. The Security Bond will be retained by Us as a security for the performance of any of Your obligations and liabilities under the Rental Contract and is fully refundable to You provided that: (a) all amounts due to Us under the Rental Contract have been paid, including toll road charges and refuelling costs; (b) the Vehicle Motorbike has been returned to the Rental Location Station at the date and time set in the Rental AgreementAgreement or any extension of the Rental Period agreed by Us; (c) there is no Damage to the Motorbike or Third Party Loss; (d) the exterior and interior of the Vehicle are clean; Motorbike is clean (e) the Vehicle has a full tank of fuelsubject to fair wear and tear); and (fe) there has not been a Major Breach of the Rental Contract, We reserve the right to retain all or part of the Security Bond if there is a breach of any of these conditions.