Cautionary Deposit definition

Cautionary Deposit means the deposit to be paid by You as security against any damages and/or any requirement for additional cleaning, whether discovered during the Rental Period or after your departure, as further described in Clause-5
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Cautionary Deposit means the deposit to be paid by You and held by the Agency on behalf of the Owner as security against any damages and/or any requirement for additional cleaning, whether discovered during the Rental Period or after your departure, as further described in clause 5 below.
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Cautionary Deposit means the deposit to be paid by You and held by the Owner as security against any damages and/or any requirement for additional cleaning, whether discovered during the Rental Period or after your departure.
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Examples of Cautionary Deposit in a sentence

  • Should it be necessary to drain, clear out the filter, re-fill and re-heat the hot tub due to the above terms not being adhered to the sum of £250 will be deducted from your Cautionary Deposit.

  • In the event of a noise nuisance being caused by these requirements not being complied with we reserve the right to retain some or all of the Cautionary Deposit, or, in persistent cases, we reserve the right to ask you to vacate the property with immediate effect.

  • The Cautionary Deposit will be refunded within seven days of your departure from the property less any costs incurred.

  • Clients failing to adhere to this condition may forfeit the Cautionary Deposit.

  • In the event that rectification for losses or damage caused by the Client or a member of their party exceeds the Cautionary Deposit held, the Owner shall notify the Client of any additional cost over and above the Cautionary Deposit and for this reason adequate personal liability insurance is strongly recommended.

  • The cost of any remedial action shall be deducted from the Cautionary Deposit and the balance refunded to the Client.

  • If the Client alters the party without prior agreement from the Owner or if additional Clients are given unauthorised access to the property, then any additional costs incurred will be deducted from the Cautionary Deposit.

  • Failure of the Client to exercise reasonable care my result in deductions being made from the Cautionary Deposit.

  • If damage/staining does occur and the items cannot be cleaned, a charge may be levied from the Cautionary Deposit to replace these items.

  • We reserve the right to deny access to the entire party, to require the entire party to immediately vacate the property and / or to retain the full Cautionary Deposit if this condition is not observed.

Related to Cautionary Deposit

  • Security Deposit Account has the meaning given in Section 5.1.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Application deposit means any refundable deposit of money, however denominated, including all

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.