Common use of Tentative Hold Clause in Contracts

Tentative Hold. If desired, when a date is uncertain a tentative hold may be made. A tentative hold will serve as a right of first refusal opportunity should another person or entity inquire about the same date(s) that are on tentative hold, but not securely booked. FBYC requires a written response (e-mail, fax, etc.) within two working days once an inquiry has been received and you have been notified that another party is interested in your tentative hold date(s). If the tentative hold date is to be secured by the applicant who placed the tentative hold, the full deposit is due immediately at that time. Full deposits are requested upon receipt of the contract and must be paid in full not less than 90 days in advance of any tentatively held date. Bookings are only secured by payment of the deposit.

Appears in 5 contracts

Samples: Use Policy, Facility Use Agreement, Use Policy

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