Refundable Security Bond definition

Refundable Security Bond means a refundable deposit which is required to be paid prior to hire commencement and is refundable if the Motorhome is retuned without damage or missing items.
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Examples of Refundable Security Bond in a sentence

  • Charterers Liability and Refundable Security Bond $2,000/$2,500 Security Bond to be lodged prior to commencement of Charter • TRAVEL INSURANCE.

  • Refundable Security Bond of £50 may be requested at the point of sale (introduced in May 2011).