Common use of Security Bond Clause in Contracts

Security Bond. A security bond equivalent to the insurance excess applicable pursuant to clause 10 or 11 is payable by the Hirer, but will not be charged on the return of the vehicle, provided that: 1. The vehicle is returned to the agreed location at the agreed time ($1000 penalty applies if breached) 2. Grey water tank and toilet have been emptied ($150 charge for toilet, $25 charge for grey water tank) 3. All traffic fines have been paid (otherwise your fine will be charged plus a $35 handling fee) 4. All toll road charges have been paid (otherwise your toll fee will be charged plus a $20 handling fee) 5. The vehicle is returned in a reasonably clean condition ($100 charge if not returned reasonably clean) 7. The vehicle is returned with a fuel level as marked on the damage sheet (charged at double fuel price) 8. The vehicle is returned with full LPG gas bottles (charged at double the price of filling) 9. No items belonging to Wendekreisen have been lost or damaged 10. No damage is incurred to the vehicle or any 3rd party property 11. The insurance exclusions in section 12 have not been violated All security bond payments must be made by Bank Transfer, EFTPOS, VISA or Mastercard.

Appears in 3 contracts

Sources: Rental Agreement, Rental Agreement, Rental Agreement

Security Bond. A security bond equivalent to the insurance excess applicable pursuant to clause 10 or 11 is payable by the Hirer, but will not be charged on the return of the vehicle, provided that: 1. The vehicle is returned to the agreed location at the agreed time ($1000 penalty applies if breached) 2. Grey water tank and toilet have been emptied ($150 charge for toilet, $25 charge for grey water tank) 3. All traffic fines have been paid (otherwise your fine will be charged plus a $35 handling fee) 4. All toll road charges have been paid (otherwise your toll fee will be charged plus a $20 handling fee) 5. The vehicle is returned in a reasonably clean condition ($100 charge if not returned reasonably clean) 76. The vehicle is returned with a fuel level as marked on the damage sheet full (charged at double fuel price) 87. The vehicle is returned with full LPG gas bottles (charged at double the price of filling) 98. No items belonging to Wendekreisen have been lost or damaged 109. No damage is incurred to the vehicle or any 3rd party property 11. The property 10.The insurance exclusions in section 12 have not been violated All security bond payments must be made by Bank Transfer, EFTPOS, VISA or Mastercard.

Appears in 2 contracts

Sources: Rental Agreement, Rental Agreement

Security Bond. A security bond equivalent to the insurance excess applicable pursuant to clause 10 or 11 is payable by the Hirer, but will not be charged on the return of the vehicle, provided that: 1. The vehicle is returned to the agreed location at the agreed time ($1000 penalty applies if breached) 2. Grey water tank and toilet have been emptied ($150 charge for toilet, $25 charge for grey water tank) 3. All traffic fines have been paid (otherwise your fine will be charged plus a $35 handling fee) 4. All toll road charges have been paid (otherwise your toll fee will be charged plus a $20 handling fee) 5. The vehicle is returned in a reasonably clean condition ($100 charge if not returned reasonably clean) 76. The vehicle is returned with a fuel level as marked on the damage sheet full (charged at double fuel price) 87. The vehicle is returned with full LPG gas bottles (charged at double the price of filling) 98. No items belonging to Wendekreisen have been lost or damaged 109. No damage is incurred to the vehicle or any 3rd party property 1110. The insurance exclusions in section 12 have not been violated All security bond payments must be made by Bank Transfer, EFTPOS, VISA or Mastercard.

Appears in 1 contract

Sources: Rental Agreement

Security Bond. A security bond equivalent to the insurance excess applicable pursuant to clause 10 or 11 is payable by the Hirer, but will not be charged on the return of the vehicle, provided that: 1. The vehicle is returned to the agreed location at the agreed time ($1000 penalty applies if breached) 2. Grey water tank and toilet have been emptied ($150 charge for toilet, $25 charge for grey water tank) 3. All traffic fines have been paid (otherwise your fine will be charged plus a $35 handling fee) 4. All toll road charges have been paid (otherwise your toll fee will be charged plus a $20 handling fee) 5. The vehicle is returned in a reasonably clean condition ($100 charge if not returned reasonably clean) 76. The vehicle is returned with a fuel level as marked on the damage sheet full (charged at double fuel price) 87. The vehicle is returned with full LPG gas bottles (charged at double the price of filling) 98. No items belonging to Wendekreisen ▇▇▇▇▇▇▇▇▇▇▇▇ have been lost or damaged 109. No damage is incurred to the vehicle or any 3rd party property 1110. The insurance exclusions in section 12 have not been violated All security bond payments must be made by Bank Transfer, EFTPOS, VISA or Mastercard.

Appears in 1 contract

Sources: Rental Agreement