Venue Hire Contract
This Venue Hire Contract ("Contract") was made and entered into this 20th day of January 2055 (the "Execution Date"), by and between [Your Name] of [Venue Owner's Address] (the "Venue Owner"), and [Client's Name] of [Client's Address] (the "Client"),
1. Rental of Venue
The individual or party who owns the Venue has agreed upon a mutual understanding to rent out the said Venue to the Client. This contract has been made with the understanding that the Client will be hosting an event that is specified as [EVENT TYPE]. The event is scheduled to be hosted on [DATE]. The agreed-upon time frame for the usage of the Venue begins at [START TIME] and it will be available for the Client's use until [END TIME].
2. Rental Fees
2.1 The Client, identified herein, hereby agrees and is obligated to pay and remit to the Venue Owner the total rental fee set at [FEE].
2.2 Following the terms agreed upon in this contract, an upfront, initial payment of [INITIAL PAYMENT] should be made, which falls due on the date agreed upon, which is [INITIAL PAYMENT DATE].
2.3 The remaining balance, which equals to the difference between the total rental fee and the initial payment, must be paid on or before the date mentioned in the contract, which is [FINAL PAYMENT DATE].
3. Security Deposit
Upon putting this contract into effect, it becomes a requirement for the Client to deposit with the Owner of the Venue. The money deposited will be in the amount of the [SECURITY DEPOSIT] and will serve as a form of security. This is to cover any potential damage that may be caused to the Venue throughout this contract's term.
4. Rules and Regulations
The Client agrees to abide by all rules and regulations set forth by the Venue Owner regarding the use of the Venue. This includes but is not limited to:
5. Liability and Insurance
5.1 The Client assumes all liability for any damages to the Venue or injury to persons occurring during the rental period caused by the Client or attendees of the event.
5.2 The Client agrees to indemnify and hold the Venue Owner harmless from any claims, damages, or liabilities arising from the Client's use of the Venue.
6. Cancellation Policy
In the event of cancellation by the Client, the following cancellation fees shall apply:
30 days or more before the event: [Cancellation Fee, if any]
Less than 25 days before the event: [Higher Cancellation Fee, if any]
7. Signatures
By signing below, both parties agree to the terms and conditions stated in this Contract.
[Your Name]
Client
[Date Signed]
[Venue Owner's Address]
Venue Owner
[Date Signed]
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