Common use of Deposit Refund Clause in Contracts

Deposit Refund. 1. If trash is not emptied and decorations are not removed, the renting party may forfeit part or all of their deposit. 2. Upon completion of the rental period, the Rental Party and Civic Center representative will post check The Facility. If there are no damages and the event did not extend beyond the rental period, the Civic Center will return the deposit within 2 weeks. 3. If The Facility has been damaged, the Civic Center will notify the Renting Party of such damage in writing and state the amount of deposit to be forfeited. Amount of damage will be determined solely by the Civic Center. 4. The Renting Party is responsible for reimbursing the cost of damage in excess of the deposit within 7 days of written notification. If the Renting Party does not reimburse the Civic Center, legal action will be brought against the Renting Party. 5. If alcohol is detected in the building or on the premises without an alcohol rental, the $250 security deposit will be forfeited. 6. If the Renting Party or their representative is not on the premises or if The Facility is left unattended, the entire security deposit will be forfeited.

Deposit Refund. 1. If trash is not emptied and decorations are not removed, the renting party may forfeit part or all of their deposit. 2. Upon completion of the rental period, the Rental Party and a Civic Center representative will post post-check The the Facility. If there are no damages and the event did not extend beyond the rental period, the Civic Center will return the deposit within 2 weeks. 3. If The Facility has been damaged, the Civic Center will notify the Renting Party of such damage in writing and state the amount of deposit to be forfeited. Amount of damage will be determined solely by the Civic Center. 4. The Renting Party is responsible for reimbursing the cost of damage in excess of the deposit within 7 days of written notification. If the Renting Party does not reimburse the Civic Center, legal action will be brought against the Renting Party. 5. If alcohol is detected in the building or on the premises without an alcohol rental, the $250 security deposit will be forfeited. 6. If the Renting Party or their representative is not on the premises or if The Facility is left unattended, the entire security deposit will be forfeited.