Common use of Security Deposit Exclusions Clause in Contracts

Security Deposit Exclusions. Certain charges and costs are excluded from the Security Deposit. These are the 'Security Deposit Exclusions’, and they are set out in clause 7.21. If any of the Security Deposit Exclusions apply, and the Security Deposit does not cover the full amount of such charges or costs, then Guest shall, within 28 days of demand, forfeit the entire Security Deposit(s) and pay to Apollo the difference between the amount of the Security Deposit(s) and the amount of such charges or costs.

Security Deposit Exclusions. Certain charges and costs are excluded from the Security Deposit. These are the 'Security Deposit Exclusions’, and they are set out in clause 7.21. If any of the Security Deposit Exclusions apply, and the Security Deposit does not cover the full amount of such charges or costs, then Guest shall, within 28 days of demand, forfeit the entire Security Deposit(s) and pay to Apollo Bunk Campers the difference between the amount of the Security Deposit(s) and the amount of such charges or costs.