Retention of Deposit Sample Clauses

Retention of Deposit. In the event that this Agreement is terminated by the Vendors pursuant to Section 9.1(7), the Deposit shall be forfeited by the Purchaser and retained by the Monitor on behalf of the Vendors as a genuine estimate of liquidated damages, and not as a penalty. In such event, the retention of the Deposit shall be the Vendors’ sole and exclusive remedy for any termination of this Agreement.
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Retention of Deposit. Students who choose to terminate their housing and license agreement during the academic year will forfeit their housing deposit. Students who are called to military service are exempt. o Return of Housing deposit. See details in Section 10.5 for the full explanation of how the housing deposit will be returned to the student.  Residence Hall Occupancy. Occupancy is based on 15 weeks of academic classes meeting. Accommodations for periods of official college recesses are not covered by fees established in this agreement. Students may not take a roommate, assign, sublease, lease, or otherwise transfer your interest of housing under this license agreement, or permit anyone not duly assigned or approved by the Director of Residence Life to share any part of the room or suite.  Room Assignments. The FSA of Jamestown Community College reserves the right to make room assignments and re-assignments as necessary. These assignments will be electronically mailed out to the student’s JCC email account at the beginning of August for the fall semester and the beginning of January for the spring semester. During the semester, room re-assignments may be necessary. The residence life staff will make every attempt to inform you that you will be receiving a new suitemate/roommate prior to the move happening. In the event that the move needs to be made for an emergency situation, this change may be made immediately, without prior notification.  Residence Hall Openings and Closings. Residents may not occupy or deliver items to their suites prior to the official opening of the residence halls, which is the Friday before classes start for the fall semester and the Sunday before classes resume in the spring semester. Requests to allow early arrival or extended stay of specific residents, for College sponsored purposes, must be made in writing to the Office of Residence Life, by the appropriate office, department or organization.
Retention of Deposit. During the period not to exceed [REDACTED] months from the earlier of termination of this Agreement or, if applicable, from the date upon which Carrier permanently ceases flight operations, Bank shall have no obligation to reduce the Deposit amount to an amount that is less than Gross Exposure and may retain the Deposit in an amount equal to Gross Exposure until such time as the Bank determines that Carrier has no further Obligations or potential Obligations to Bank under this Agreement. In the event that any cessation of flight operations by Carrier is temporary, Bank, at its option, may establish and maintain separate flight calendars in the determination of Gross Exposure. A flight calendar may be established to determine Gross Exposure arising from Travel Costs purchased or paid by a customer of Carrier through use of a Card with a Transaction Date for such purchase or payment that is prior to the commencement of the temporary cessation (“Pre-Cessation Travel Costs”). An additional flight calendar may be established to determine Gross Exposure arising from Travel Costs purchased or paid by a customer of Carrier through use of a Card with a Transaction Date for such purchase or payment that is on or after the date of the commencement of the temporary cessation. In the event of temporary cessation of flight operations by Carrier, Bank will not be obligated to make any payments to Carrier on account of Sales Slips that were or are submitted to it by Carrier with respect to Pre-Cessation Travel Costs for a period of [REDACTED] months after the commencement of such temporary cessation.
Retention of Deposit. LANDLORD, in addition to the other rights and remedies LANDLORD has by virtue of any other provision contained herein or elsewhere in this Lease or by virtue of any statute or rule of law, may retain as liquidated damages any rent, security deposit, cleaning deposit, or other moneys received by LANDLORD from TENANT or others on behalf of TENANT.
Retention of Deposit. If this Agreement terminates or expires for any reason other than a breach by Sellers in the performance of a Sellers' obligation under this Agreement, the Earnxxx Xxxey Deposit shall be retained by Sellers as liquidated damages, and all parties shall be relieved of and released from any further liability hereunder except for those obligations specifically designated to survive termination or expiration of this Agreement. Sellers and Buyer agree that the Earnxxx Xxxey Deposit is a fair and reasonable amount to be retained by Sellers as agreed and liquidated damages in light of Sellers' removal of the Shares from the market and the costs incurred by Sellers and shall not constitute a penalty or a forfeiture.
Retention of Deposit. The Committee reserves the right to retain all or a proportion of the deposit if the Conditions of Hire are not met. Please note: Deposits shall not be returned until the venue has been checked. This may not occur immediately after an event. For £35 (approx.), the Committee can arrange for the venue to be cleaned on your behalf. Hire Agreement Upper Heyford Village Hall/V7/Valid from 1st January 2022 Capacity: Maximum venue capacities (listed overleaf) must not be exceeded.
Retention of Deposit a) We may retain all or part of your deposit if we suffer any losses or damage for which you, or any of your guests, are responsible. If our losses exceed the amount of your deposit, we may demand additional compensation.
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Retention of Deposit. If Lessee defaults in the performance of any obligation under this Agreement, Lessor may apply or retain all or any part of the security deposit for, but not limited to, the following reasons: (a) to repair or replace any items damaged or missing; (b) to replace any keys, cards, remote control openers, or locks given to Lessee but not returned; (c) to clean and return the property and the items in it, into the condition it was in when the Lessee first occupied the property with the exception of reasonable wear and tear; (d) to pay for damages caused in the event of Lessee's breach of this Agreement including, but not limited to, a pro-rated portion of any lease commissions; (e) to pay arrearrages in rent and other charges due; (f) the deduction of late charges, if any, which have accrued and have not been paid by Lessee. If used during the tenancy, Lessee agrees to reinstate the total security deposit within five days after written notice is given to Lessee in person or by mail. If Lessee complies with all the covenants and conditions of this Agreement, the deposit, less any sums expended by Lessor and accounted for to Lessee, shall be returned to Lessee within the period required by law. IF THE DEPOSIT IS NOT ADEQUATE TO COVER ALL DAMAGES, COSTS AND ARREARAGES, LESSEE MUST PAY ALL COSTS WHICH EXCEED THE AMOUNT OF THE SECURITY DEPOSIT.
Retention of Deposit. The Committee reserves the right to retain all or a proportion of the deposit if Conditions of Hire are not met. Please note: Deposits shall not be returned until the venue has been checked, this may not occur immediately after an event. For £35 the Committee can arrange for the venue to be cleaned on your behalf. Capacity: Maximum venue capacities (listed above) must not be exceeded. Care of Floor: Hirers are asked to discourage the wearing of foot wear which can damage the wooden floor. E.g. Metal tipped stiletto heels or tap shoes.
Retention of Deposit. If this Agreement is terminated by the Purchaser for any reason other than the compliance with any of the conditions provided for in Articles VI or VIII of this Agreement not having been met or waived in writing by the Purchaser or failure to satisfy the conditions of Sections 1.05 (j) and (l), then the Seller shall retain the Deposit plus all accrued interest thereon.
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