Damage Deposit definition

Damage Deposit. The Renter shall leave the Leased Premises in the same condition as when they entered the Building prior to their use of the Building. Should the Leased Premises be damaged or left in poor condition, the damage deposit shall be used to correct such damage or condition. In the event that the damage deposit is insufficient to adequately correct such condition the Renter shall be responsible for the difference, payable in full within 30 days of notification. In the event that any deposit is left after the correction of any damage or poor condition the balance shall be returned to the Renter.
Damage Deposit. A separate Damage/Cleaning Deposit in the form of cash or check in the amount of $50.00 is required. Fees should be paid by TWO SEPARATE CHECKS.
Damage Deposit means a fee or charge paid to the Town to meet all or a portion of the cost and expenses of remediating or repairing any damage to Town property or infrastructure, including, but not limited to roads, sidewalks, curbing or paved boulevards, water or sewage works, caused as a result of the use of such property or infrastructure or as a result of the carrying on of construction or demolition or other works on adjacent property.

Examples of Damage Deposit in a sentence

  • The Public Domain Damage Deposit must be submitted as an unconditional bank guarantee in favour of Council as security for repairing any damage to the public domain in the vicinity of the site.

  • Any costs associated with works necessary to be carried out to rectify any damages caused by the development, shall be deducted from the Damage Deposit.

  • If applicable, Damage Deposit will be refunded within 7 -10 days of checkout pending inspection by cleaning firm.

  • The College will also refund the Damage Deposit to a student who is registered to attend the College but then withdraws without attending.

  • Damage Deposit will be refunded within 10 days of the end of the Rental Term, less any amounts required to repair the Premises for damage caused by Tenant.


More Definitions of Damage Deposit

Damage Deposit. Is due at the time of the signing of this agreement. The damage deposit is 50% of the total rental cost not to exceed more than $ 500.00 dollars. This deposit is considered your "Damage Deposit" and is not a part of your rental fee. It will be refunded after the conclusion of your rental within 30 business days. Damage Deposit Charges: $500 max/Entire Deposit – Outside Alcoholic Beverages $500 max/Entire Deposit – Damage to Sprinkler System $250 Excessive Carpet Staining/Cleaning Required $250 Set Up Changes after 7 day deadline $250 Wall/Table/Chair/Washroom Damages Rental groups shall be financially accountable for any unforeseen expenses incurred by the City of Elgin resulting from misuse or negligence on the part of the rental group and/or guests. Initial Rental Fee: Must be paid in full at least 30 days prior to your function date. Bar Fee: Must be paid 14 days prior to the event. You may add to, but not take away the number of guests after this deadline date.
Damage Deposit means a pre-paid fee that is returned all or in part once a satisfactory inspection of the facility has been completed. All fees for repair or damages to the facility and/or its equipment/amenities and/or extra cleaning resulting from the rental will be deducted from the damage deposit;
Damage Deposit means any pre-agreed damage deposit as described and requested of the Hirer by the Venue.
Damage Deposit. Registrant shall pay a $200.00 refundable damage deposit to the College upon the date of signing this agreement. The check will be held by the College and returned in part or in full to the Registrant. Registrant shall be held financially responsible for any and all damages to facilities including but not limited to tables, chairs, furniture, carpets, walls, wallpaper, fixtures, dinnerware, audiovisual equipment, doors, locks, telephone/computer lines and glass that result from Registrant’s use of premises. Upon completion of the event and inspection of the facility by facility manager, if any damages are noted (as stated above) the Registrant agrees to the forfeiture of the damage deposit to cover the cost of repairs. Any damages above the cost of the damage deposit will be the responsibility of the Registrant. Event Down Payment: Registrant shall make a down payment of 50% of total known charges, excluding damage deposit, upon the date of signing agreement.
Damage Deposit. This is a required refundable deposit that may be applied to the following: CANCELLATION REFUNDS:
Damage Deposit has the meaning given to it in clause 5.4;
Damage Deposit. Less Damages: • Less Cleaning: Refund total: Received By: (print name) Address: Date: Signature: BQCL Rep Name: BCQL Rep Signature: