Common use of Payment Deposit Clause in Contracts

Payment Deposit. The Deposit if any, is non-refundable for any reason (except as provided in Section 16 below) and will be applied to the Event charges. If the Deposit or any prepayments are made by credit card, Client hereby authorizes Restaurant to charge the Deposit or pre-payment on Client’s credit card, as well as any other uncollected charges for services provided guarantees or the Food and Beverage Minimum. Any charges (including the Banquet Fee described below) which exceed the pre-paid Event charges and Deposit shall be due on the same day at the conclusion of the Event. Restaurant does not accept personal checks for payment of amounts due under this Agreement. A gift card cannot be redeemed in conjunction with any contracted banquet or private dining event. Caterer does not prepare separate checks.

Appears in 2 contracts

Sources: Event Venue Rental, Event Venue Rental