Reservation Deposit definition

Reservation Deposit means the reservation deposit contemplated in clause 7.1.1 below, subject to the provisions of clause 7.3.
Reservation Deposit means the monetary deposit submitted by the Seller (or the Facility sponsor on behalf of the Seller) to secure a reservation of the CLEAN Program’s prices. The Reservation Deposit is set forth in Exhibit “PPA-A.”
Reservation Deposit means any deposit or advance payment received by any Seller or Manager in connection with any Reservation.

Examples of Reservation Deposit in a sentence

  • Cancellation of the trip after this date will result in the forfeiture of the Reservation Deposit, the First Payment, and the Second Payment.

  • Cancellation of the trip after this date will result in the forfeiture of the Reservation Deposit and First Payment.

  • The Buyer acknowledges that, as of the Effective Date or other date established by the Buyer, the Seller has provided the Reservation Deposit to the Buyer.

  • If the Commercial Operation Date occurs on or prior to the Deadline, the Buyer shall refund to the Seller the Reservation Deposit without interest.

  • If the Commercial Operation Date commences within seventy (70) days of the Deadline, the Seller, as liquidated damages and not as a penalty, shall relinquish its claim to a ten percent (10%) portion of the amount of the Reservation Deposit for every full week transpiring between the Deadline and the Commercial Operation Date, but the total amount to be relinquished to the Buyer shall not exceed 100% of the Reservation Deposit.


More Definitions of Reservation Deposit

Reservation Deposit means a portion of an entrance fee paid in advance of signing a continuing care contract.”
Reservation Deposit means the Reservation Deposit described in Clause 3.4 of the Covering Schedule, as more fully provided for in the Reservation Request;
Reservation Deposit means the monetary payment made by an Applicant to secure a Reserved Position.
Reservation Deposit means £25,000, being the deposit payable by the Client to the Company to secure a property under this Agreement;
Reservation Deposit means an amount equal to R10 000.00 to be paid within 7 (seven) days from signature of this Agreement.
Reservation Deposit. This is non-refundable, but will be applied to your final invoice calculations. LESSEE agrees to pay a reservation deposit of $350 which will be forfeited if the reservation is cancelled. Once this reservation deposit has been charged to your method of payment, the dates on file are your committed reservation dates. CLEANING FEE: $100, this fee is only charged if your van is returned without having been (1) washed, (2) thoroughly vacuumed, (3) wiped down on the interior, and (4) found free of significant spills and carpet stains. A determination will be made as our staff prepares the van for the next family. If a charge is necessary it will be noted on your final invoice. PET FEE: $250 non-refundable charge. This fee is for transporting a pet for ANY amount of time. This policy does NOT apply to service animals as defined by Title III of the Federal Americans with Disabilities Act (xxx.xxx.xxx/xxxxxxx_xxxxxxx_0000).
Reservation Deposit means the Reservation Deposit described in Clause3.2 of the Covering Schedule;