Common use of The Bond Clause in Contracts

The Bond. 2.1 The hire includes the use of the upper and lower floors of the venue, the kitchen and bathroom facilities and the land immediately to rear of the building. There are no storage facilities at the venue. 2.2 A bond of $500 will be included in the hiring. The full bond will only be refunded if there is no damage to property, equipment or fixtures, rubbish is dealt with appropriately (see 4.5- 4.6) and all hanging wires are left at the venue. A CSA representative will assess whether any of the above have not been adhered to. An appropriate deduction from the bond will be determined, if required, before any of the bond is returned. 2.3 CSA accepts the responsibility to have the venue in a clean state at the commencement of the hire. It is the responsibility of the hirer to notify a representative of the CSA of any concerns about the state of the venue at the commencement of the hiring. In determining the amount of the bond to be refunded, account will be taken of those preliminary concerns.