Room Deposit Clause Samples

Room Deposit a) The University will hold your Room Deposit for the duration of this Agreement. b) The University may either withhold or apply, or both, all or any part of your Room Deposit towards any monies you owe to the University under this Agreement, including: i) any unpaid part of the Room Fee or other unpaid charges, fees, costs or amounts; ii) the final two weeks or more of Room Fees; iii) replacement of any locks or non-returned security devices (including keys); iv) the reasonable costs of carrying out any repairs to or cleaning of the Room or the Building; v) any additional charges payable because you have left the accommodation early (except when clause 31 applies); vi) any additional charges payable by you as a result of you breaching a term or condition of this Agreement (including a charge payable by you in accordance with Annexure 2); or vii) any unpaid Termination Fee, for which you may be responsible under this Agreement. c) The University may also withhold or apply, or both, all or any part of your Room Deposit towards any monies you owe to the University for any unpaid student fees, including any expenses arising from your removal from accommodation by the University or relocation to alternative off-campus accommodation. d) Subject to clauses 7 b) and 7 c), upon the termination or expiry of this Agreement your Room Deposit, or any remainder of your Room Deposit, will be refunded (as applicable): i) within 28 days of expiry or earlier termination to the Australian Credit Card you used to pay your Room Deposit; or ii) within 56 days of expiry or earlier termination to the international Credit Card you used to pay your Room Deposit; or iii) upon submission of a completed Refund Request Form, to your nominated Australian bank account within 28 days, or to your nominated international bank account within 56 days. e) If a Credit Card was not used to pay your Room Deposit, the Room Deposit (or any remainder) will be held by the University until such time as you submit a Refund Request Form or make other refund arrangements with the University. f) No interest is payable by the University on your Room Deposit.

Room Deposit. A $150.00 room deposit is required prior to execution of this contract. The deposit consists of a refundable

Room Deposit. In order to obtain on-campus residence, each student is required to submit $100 to the Department of Residence Life. This money is considered a security deposit and is fully refundable, based on the condition of room and furnishings upon vacating the Residence Halls. If terms and conditions of the Housing Agreement are broken, deposit monies are forfeit.

Room Deposit. 5.1 The Occupant will pay a Room Deposit to the University that will be held on behalf of the Occupant during the term of this Agreement. 5.2 The Room Deposit shall be paid to the Occupant in full within four (4) to six (6) weeks after expiry or termination of this Agreement provided that the Occupant: 5.2.1 has left the room in a clean and habitable condition without having caused damages to the furniture, fittings or equipment of the Room; and 5.2.2 has not accrued any outstanding charges or arrears owed to the University in relation to the use of the Room, Facility and Services. 5.3 The University shall be entitled to deduct from the Room Deposit all amounts owed to the University for arrears of the Tariff, charges and other amounts reasonably necessary to restore the Room to a clean, habitable and undamaged condition 5.4 If the amount of the Room Deposit is insufficient to return the Room to a clean, habitable and undamaged condition and/or the Room Deposit is insufficient to cover arrears and outstanding charges, the Occupant shall be liable for such amount(s) and agrees to reimburse the University. 5.5 The University shall also be entitled to deduct any amount from the Room deposit to recover debts owed by the Occupant to the Facility at the termination of this agreement. 5.6 The Occupant acknowledges that no interest earned on the Room Deposit shall be paid to the Occupant.

Room Deposit. Due at the time of reservation to reserve date and time. Deposit is fully refundable on the evening of your event. The room rental deposit to secure time and date is $50.00.

Room Deposit. A $100.00 room deposit is required prior to this contract. The deposit consists of a refundable $50.00, which will be mailed to you, if you have followed proper residence hall check-out procedures and there are no outstanding charges. Residents returning to the Residence Halls the following academic year must submit a $75.00 Returner Fee.

Room Deposit. A deposit equal to one night’s room and tax is required to hold each individual’s reservation. Such deposit shall serve to confirm the reservation for the date(s) indicated, and, upon check-in, shall be applied to the first night of the reserved stay. This deposit is refundable if notice is received at least twenty-four (24) hours prior to arrival and a cancellation number is obtained. A master account will be set up for the Group covering its charges. The estimated amount of the master account must be paid in advance [in accordance with the deposit schedule set forth below] unless direct billing has been established. Direct billing requests will be reviewed in accordance with the Hotel’s normal approval process. The Group shall review all charges billed to the master account to ensure accurate billing. Payment of all direct billing must be made within thirty (30) days of receipt of a reconciled invoice from the Hotel.

Room Deposit. Member agrees to payment of a $350 deposit prior to moving into room. His deposit will be returned upon conclusion of the Room Lease Term, provided that room is vacated without damage, all room keys and keys to the chapter house are returned to the House Director.

Room Deposit. 3.1 The Occupant will pay a Room Deposit to the University that will be held on behalf of the Occupant during the Term of this Agreement. 3.2 The Room Deposit will be paid to the Occupant in full within six (6) weeks after expiry or termination of this Agreement except that the University may deduct from the Room Deposit: 3.2.1 the reasonable cost of repairs to, or the restoration of, the Room or any Facilities, furniture or goods provided with the Room or Facilities as a result of damage (other than fair wear and tear) caused by the Occupant; and 3.2.2 the reasonable cost of securing the Room if the Occupant fails to return the keys for the Room to the University at the end of the Agreement; and 3.2.3 any Tariff or other amount owing and payable under the Agreement at the time the Agreement ends. 3.3 If the amount of the Room Deposit is insufficient to return the Room to a clean, habitable and undamaged condition and/or the Room Deposit is insufficient to cover arrears and outstanding charges, the Occupant shall be liable for such amount(s) and agrees to reimburse the University. 3.4 The Occupant acknowledges that no interest earned on the Room Deposit shall be paid to the Occupant.