attendees permitted at the Venue at any time due to fire hazard concerns. Any violation of this section will immediately terminate this Agreement under default by the Renter.
7. OVERTIME. If, for any reason, the Renter overstays the Lease Period, the Landlord shall not charge overtime for the extended time.
8. SECURITY DEPOSIT. A refundable security deposit of $1000.00 shall be paid at the time signing this Agreement. If damages occur from the venue this deposit will be forfeited in payment for such damages.
9. PAYMENT. The Renter shall be required to pay the Rent 7 days before the venue.
10. METHODS OF PAYMENT. The Landlord’s acceptable methods of payment are as follows:
-Venmo
- Cash
- Check
- Card
11. LATE FEE. If a payment due by the Renter is not made within the requirements mentioned in this Agreement, there will be a late fee charged equal to $25 and applied each day Rent is late.
12. CHANGES. The Renter can change or cancel this Agreement no less than 10 days prior to the Lease Period. If the Renter makes such a request to change or cancel, there shall be a fee for the request equal to $100.00.
13. CLEANUP. At the end of the Lease Period, the Renter is responsible for cleanup. The Renter is required to clean and leave the Venue in the same condition as it was at the start of the Lease Period.
14. GENERAL LIABILITY INSURANCE. The Renter shall not be required to obtain General Liability Insurance as part of this Agreement. The Renter shall be solely responsible for any bodily injury, property damage, or any other actions that may occur at the Venue during the Lease Period.
15. DISPUTE RESOLUTION. Should any dispute arise between the Parties regarding the interpretation, rights, duties, or liabilities under this Agreement, both Parties agree to engage in good faith negotiations to resolve the dispute for a period of no less than 30 days before initiating any legal proceedings. If the dispute cannot be resolved through direct negotiation, both Parties agree to seek resolution of the dispute through a neutral, mutually agreed-upon mediator, before resorting to arbitration or litigation. The Parties agree to share equally in the costs of the mediation process.
If mediation is unsuccessful, both Parties agree to submit the dispute to binding arbitration under the rules of a mutually agreed-upon arbitration service. The arbitration shall occur in the same jurisdiction as the Venue. The arbitrator’s decision shall be final and legally binding, and judgment may be entered thereon. Each Party will bear its own costs and fees associated with the arbitration.
In the event of litigation relating to this Agreement, each Party will bear its own attorney’s fees and costs.
16. HOLD HARMLESS. The Renter shall be liable for any physical damages to the Venue, legal actions, and/or loss of reputation or business opportunities that the Landlord may incur as a consequence of the actions by the Renter or any of the Renter’s guests or attendees during the Lease Period. The Renter agrees to indemnify and hold harmless the Landlord against any and all legal actions which may arise from the Renter’s use of the Venue and the following:
a.) Right to Cancel. The Landlord reserves the right to cancel this Agreement at any time and for any reason upon providing at least 30 days’ written notice to the Renter. If the Landlord cancels this Agreement for reasons other than a breach of this Agreement by the Renter, the Landlord agrees to refund the Renter any amounts already paid, including the Deposit.
b.) Failure to Comply. The Landlord, for any reason and at their sole discretion, may terminate this Agreement if the Renter fails to comply with any term of this Agreement or if the Landlord determines that the Renter’s use of the Venue poses an unacceptable risk of damage or harm.
c.) Natural Disasters. If the Landlord is unable to make the Venue available for any reason outside of their control, including, but not limited to, damage to the Venue, local emergencies, acts of God, or any other types of natural disasters, this Agreement shall be canceled by the Landlord. In such an event, the Landlord agrees to refund the Renter any amounts already paid, including the Deposit.
17. SEVERABILITY. This Agreement shall remain in effect in the event a section or provision is unenforceable or invalid. All remaining sections and provisions shall be deemed legally binding unless a court rules that any such provision or section is invalid or unenforceable, thus, limiting the effect of another provision or section. In such case, the affected provision or section shall be enforced as so limited.
18. GOVERNING LAW. This Agreement shall be governed under the laws in the State where the Venue is located.
19. ENTIRE AGREEMENT. This Agreement, along with any attachments or addendums, represents the entire agreement between the parties. Therefore, this Agreement supersedes any prior agreements, promises, conditions, or understandings between the Renter and Landlord.
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first written above. Each individual signing below on behalf of a Party hereby represents and warrants that he or she is duly authorized and has the legal capacity to execute and deliver this Agreement on behalf of said Party.
