Your Deposit Sample Clauses
The "Your Deposit" clause defines the requirements and conditions related to the initial payment or security deposit that a party must provide under the agreement. Typically, this clause specifies the amount of the deposit, the timing for payment, and the circumstances under which the deposit may be retained, refunded, or forfeited. For example, it may state that the deposit is due upon signing the contract and outline situations such as cancellation or breach that affect its return. The core function of this clause is to secure the commitment of the parties and protect against potential losses resulting from non-performance or early termination.
Your Deposit. We’ll mail you your security-deposit refund (less lawful deductions) and an itemized accounting of any deductions, no later than 30 days after surrender or aban- donment, unless laws provide otherwise.
Your Deposit. 1 Opening a Notice Account with us
Your Deposit. (if applicable) The provisions of this clause 0 shall only apply if your Booking Details state that a Deposit is payable. In this clause 0, "Deposit" means the deposit for the amount stated in the Booking Details and which will be used as security for the performance of your obligations as specified in the Tenancy Agreement. You agree and acknowledged that the Deposit paid to us by you is paid to us as security for the performance of your obligations under the Tenancy Agreement. At the end of the Length of Stay, you will be given the opportunity to attend a check-out inspection with one of our representatives with a view to reaching agreement as to what, if any, deductions we will be entitled to make from the Deposit. However, we reserve the right to give you notice of our intention to draw on the Deposit at any time in payment of any sums due from or spent on behalf of you under the Tenancy Agreement. Where applicable, the Deposit, or the relevant amount of the Deposit will be refunded to the person who originally paid it (unless this is no longer possible in which case payment will be made to you). For the avoidance of doubt, any Deposit paid to any group company of The UNITE Group plc may be used towards any outstanding charge or debt on any other booking with us or any other company which is a Group Company of The UNITE Group plc for any Academic Year. You will not off-set the Deposit against any payment of Rent or other sums due to us under the Tenancy Agreement. We agree that the Deposit shall be protected by an approved tenancy deposit scheme provider in accordance with the rules of the Tenancy Deposit Protection Scheme. Confirmation that your Deposit has been protected will be sent to you within the required timescale.
Your Deposit. 9.1. You agree and acknowledged that the Deposit paid to us by you is paid to us as security for the performance of your obligations under the Tenancy Agreement.
9.2. At the end of the Length of Stay, you will be given the opportunity to attend a check-out inspection with one of our representatives with a view to reaching agreement as to what, if any, deductions we will be entitled to make from the Deposit. However, we reserve the right to give you notice of our intention to draw on the Deposit at any time in payment of any sums due from or spent on behalf of you under the Tenancy Agreement. Where applicable, the Deposit, or the relevant amount of the Deposit will be refunded to the person who originally paid it (unless this is no longer possible in which case payment will be made to you).
9.3. For the avoidance of doubt, any Deposit paid to any group company of The UNITE Group plc may be used towards any outstanding charge or debt on any other booking with us or any other company which is a Group Company of The UNITE Group plc for any Academic Year.
9.4. You will not off-set the Deposit against any payment of Rent or other sums due to us under the Tenancy Agreement.
9.5. We agree that the Deposit shall be protected by an approved tenancy deposit scheme provider in accordance with the rules of the Tenancy Deposit Protection Scheme. Confirmation that your Deposit has been protected will be sent to you within the required timescale.
Your Deposit. 1 Opening a Premier Deposit with us
1.1 Before you can place your first Premier Deposit with us, you must apply for a Premier Deposit Account. You may apply for a Premier Deposit Account and a Premier Deposit by making us an Offer through the Premier Deposit Account section of our website. If we accept your application and agree to open a Premier Deposit Account for you, we will also open a Transfer Account in your name and we shall notify you of the details of the Transfer Account when we confirm to you that your application has been approved. You must pay the Deposit Amount to the Transfer Account before we will issue an Acceptance.
1.2 The rates and periods we quote on our Website only constitute an invitation for you to make an Offer and are indicative only. Our indicative profit rates may be withdrawn or changed at any time before a Premier Deposit is made. If we accept your Offer, then we will send you a dated Acceptance, which will create a binding agreement for a Premier Deposit. We will record each Premier Deposit with an Investment Reference in your Premier Deposit Account.
1.3 You may cancel our agreement for each Premier Deposit within fourteen (14) days from the date of our Acceptance. If we do not receive a cancellation notice from you within this period, then your binding agreement to enter into a Premier Deposit will stand. You will then be entitled to a return of your Premier Deposit only under Clause 2.1(c) or following a notice from us under Clause 3.3 or 6.3.
1.4 If you already hold a Premier Deposit Account, you can make an Offer to place additional Premier Deposits with us. You will need to complete an Investment Request Form and select the Deposit Period and Deposit Amount for each additional proposed Premier Deposit. When you do this, you grant us authority to transfer the amount of the relevant Premier Deposit from your Transfer Account to your Premier Deposit Account provided there is sufficient credit balance for the Deposit Amount.
1.5 We will not start any Premier Deposit until we receive the cleared Deposit Amount in full in your Transfer Account. We will fix the Expected Profit Rate for your Premier Deposit during business hours on the Business Day we receive the Deposit Amount in accordance with this clause. If the Expected Profit Rate has changed between the date of you making your Offer and our receiving the Deposit Amount, we will advise you of the new Expected Profit Rate. We will ask you whether you wish to go ahead wit...
Your Deposit. We charge a non-refundable deposit which acts as a trip planning fee and covers ▇▇▇▇▇ ▇▇▇▇’▇ committed costs. This Agreement will become effective once the following steps have been fulfilled: a) you have paid a deposit of 25% of the total cost of your travel arrangements, b) you have indicated your acceptance of this Agreement and c) ▇▇▇▇▇ ▇▇▇▇’▇ booking receipt (or confirmation invoice) has been sent to you. When you make a booking, you guarantee that you have the authority to accept on behalf of all members of your party the terms of this agreement. In some instances, as agreed upon with your travel consultant, a higher deposit will be needed to book the trip. This is also non-refundable. You must check ▇▇▇▇▇ ▇▇▇▇’▇ confirmation carefully and raise any queries with ▇▇▇▇▇ ▇▇▇▇ immediately upon receipt.