RENT AND SECURITY DEPOSIT definition

RENT AND SECURITY DEPOSIT. For the one-hour wedding ceremony only, a fee of $600.00 will be levied for the use of the Xxxxxx X. Xxxxxx House Museum that includes a $100.00 security deposit. The $100.00 Security deposit will be returned within 10 days after the completion of the event should there be no damage and all terms of the agreement have been met. For the reception only, a fee of $2,000.00 is charged; this includes a $500.00 security deposit which will be returned if there is no property damage and the terms of the agreement have been met. For both ceremony and reception on the lawn, the fee is $2,500.00, which includes a $500.00 security deposit. ATTENDANT FEE: There will be one attendant present at all events. There will be an additional $50.00 charged for each additional attendant that may need to be provided by the Berlin Heritage Foundation, Inc. The attendant’s sole function shall be to see that the terms hereof and all other requirements of Licensor are complied with. REFUNDS: Any request for a refund of the rental fee and security deposit must be made 30 days prior to event. LIABILITY – HOLD HARMLESS: Licensee shall indemnify and hold harmless Licensor on account of any and all claims or losses incurred by Licensor on account of the granting of this license. Licensee may wish to consider an “event” type liability insurance policy. SCHEDULE OF EVENT: A schedule of the event happenings must be filed with the Licensor at least 30 days prior to the event. This schedule should include set-up times, delivery times, rehearsals, and a program of the actual event happenings. Licensee must contact the Berlin Police Department with the date of the event. PARKING: Limited parking is available only as designated in the driveway of the Xxxxxx X. Xxxxxx House Museum with possible additional parking on Xxxxx Street. The driveways of residents on Xxxxx Street must not be blocked at any time. Additional parking for large events could be available at the Municipal Parking lot at the corner of N. Main and West Streets, across the street from the Xxxxxx X. Xxxxxx House Museum. Please ask for information on procedures to follow to use this parking lot.

RENT AND SECURITY DEPOSIT. The advanced rent is due upon booking a reservation. A Security Deposit of $200.00 is required for each reservation. Only credit card or debit card or cash payments will be accepted prior to check-in. Keyless entry code will be provided with instructions prior to arrival and upon verification that payments have been received and processed. A valid ID may be required at check-in. Cancellation and refund of advanced rent and deposit: In the event you cancel your reservation 14 days or more prior to check-in, renter will receive full refund of all rent and security deposit amounts paid. If cancellation occurs between 7 and 13 days prior to check-in, then renter will receive 50% of advanced rent and 100% of security deposit amounts paid. If cancellation occurs 6 days or less prior to check-in, then no advanced rent amount will be refunded, but 100% security deposit amounts will be refunded. Personal checks will NOT be accepted for rental payments and/or security deposits. Any payments made upon arrival must be in the form of cash or credit/debit cards. The rental agent can accept Visa, Mastercard, American Express, and Discover cards for payments at the premises. Damages and Security Deposit: Renter (Tenant) and any member or guest of Renter’s (Tenant’s) party are responsible for damages that occur during occupancy (except normal wear and tear). Replacement cost of lost or damaged items will be charged to the security deposit. Should cost of replacement or repairs exceed the $200.00 Security Deposit, renter will be responsible for total amount of cost. A $200.00 Security Deposit will be held by Xxxxxx Prospect LLC until the property has been checked for damages or loss. Any outstanding balances will be deducted from the security deposit prior to refund. Deposits will be held for not more than 30 days. Reservations and/or security deposits will be held in an interest-bearing account, with interest accruing solely to Xxxxxx Prospect LLC.

Examples of RENT AND SECURITY DEPOSIT in a sentence

• Any pets found in the Unit or on the Premises shall be grounds for Landlord and Community fines, possible termination of this Lease and eviction by Landlord, and the forfeit of any remaining Rent and Security Deposit.

• Determination for Rent and Security Deposit Monthly rent and security deposit amount will be determined in accordance with the federal regulations governing the housing program and state law.

• The amount of Upfront Premium, Annual Rent and Security Deposit may vary depending on the actual area of land allotted and the successful tenderer shall be liable to make additional payment in this respect, if required.

• Should said consent not be received within the aforesaid time period, Lessor may, at Lessor's sole option, cancel this Lease and return the first month's Fixed Basic Rent and Security Deposit to Lessee, which Lessee has deposited with Lessor upon execution of this Lease, and thereafter the parties shall have no further obligations to each other with respect to this Lease.

• In the event the Rental Agent breaches this Lease for any reason, except for Lessee’s default or breach, then Lessee’s sole and exclusive remedy under this Lease is the return of any unearned Rent and Security Deposit as Lessee’s sole and exclusive remedy for Rental Agent’s breach hereunder.

• By execution of this Lease, Landlord acknowledges receipt of Prepaid Rent and Security Deposit.

• Landlord and Tenant agree that Landlord shall be entitled to immediately endorse and cash Tenant’s Rent and Security Deposit check(s) accompanying this Lease.

• Violation by Resident shall be sufficient cause for the termination of this Lease by Landlord, and the forfeit of any remaining Rent and Security Deposit.

• Violation by Resident shall be sufficient cause for the termination of this Lease by Xxxxxxxx, and the forfeit of any remaining Rent and Security Deposit.

• Section 9.1. Owner Mortgage Loan Files and Retained Mortgage Loan Files...