Deposits & Cancellations Clause Samples
The "Deposits & Cancellations" clause outlines the terms under which a deposit is required to secure a service or product, and specifies the conditions for canceling the agreement. Typically, this clause details the amount or percentage of the deposit, deadlines for payment, and the circumstances under which the deposit is refundable or forfeited if a cancellation occurs. Its core function is to protect both parties by clarifying financial commitments and setting clear expectations for what happens if the agreement is canceled, thereby reducing disputes and ensuring fairness.
Deposits & Cancellations. All Exhibitors must pay a non-refundable deposit of at least 50% of the total rental charge within 10 days of placing a reservation in order to maintain a booth reservation. In the event of an Exhibitor cancellation at least 30 days prior to the opening day of the Expo, any monies paid over and above the 50% deposit amount before discount will be credited toward future Expos. Exhibitor setup will not be permitted unless Sponsor has received signed contract(s) and all fees are paid. In the event of an Exhibitor cancellation less than 30 days prior to the opening day of the Expo, all monies paid will be forfeited. Booth Payments, including mailed checks, are due in full and must be received by March 1. Credit cards on file will automatically be charged the booth balance after March 1, 2019, unless prior arrangements are made.
Deposits & Cancellations. All equipment rentals and event productions require a 50% deposit to hold the equipment, technicians or event date. This payment can be cash, business check or credit card. The remaining balance is due at the time of pickup or delivery. Equipment rental deposits are non refundable within 10 days of the contracted pickup or delivery date. Event production deposits are non refundable within 20 days of the contracted event date. No refunds for inclement weather. If a refund is issued, $50 will be deducted for invoicing. Events that have a scheduled rain date will be charged the full amount for the original date and 50% for the rain date. There are no rain date refunds if the event is held on the original date and not on the rain date. If an event is going to be cancelled due to bad weather, the customer must notify CMT 2 hours before the contracted delivery/pickup time. Once the crew is in route to the contracted destination, the full amount will be charged for the event.
Deposits & Cancellations. All equipment rentals and event productions require a 50% deposit to hold the equipment, technicians or event date. This payment can be cash, business check or credit card. The remaining balance is due at the time of pickup or delivery. Equipment rental and event production deposits are non-refundable. No refunds for inclement weather. Events that have a scheduled rain date will be charged the full amount for the original date and 50% for the rain date. There are no rain date refunds if the event is held on the original date and not on the rain date. If an event is going to be cancelled due to bad weather, the customer must notify CMT 2 hours before the contracted delivery/pickup time. Once the crew is in route to the contracted destination, the full amount will be charged for the event.
Deposits & Cancellations. The Club utilises the concept of booking deposits to discourage the practice of ‘dummy’ booking, and to offset the Club’s potential loss of revenue due to cancellations at late notice. The booking date is only secured after the payment of a deposit of $750. $250 of the deposit is non-‐refundable in the event of cancellation or postponement of the function by the Client. In the event that the function is cancelled within 14 days of the function date, $500 of the deposit will be non-‐ refundable. In the event that the function is cancelled within 7 days of the function date, the entire deposit will not be refunded. The deposit can be paid in person to the Bar Manager at the Clubrooms using cash, cheque, or EFTPOS. Alternatively, the deposit may posted (cheque/credit card only) to: The Bar Manager will issue an invoice to the Client within 7 days of the date of the function. Full payment is required within 7 days of the date of issue on the invoice. Note that the $750 deposit will be deducted from the total cost of the function, following the successful completion of the function.