Sunday, August 21, 2011

Sample Copy for Contracts/Agreements - #4 - Payment

These are simply educational examples of possible contract language. Don’t use any of these clauses without approval from your attorney.


Payment

a) An initial payment of $1,000 is required to reserve your date. One half the projected total is due sixty (60) days prior to your wedding. The balance is due seven (7) days before the event. If payments are not received at scheduled times, the event will not take place.

b) Weddings must be paid in full ten (10) days before the event. This payment will represent 100 percent of the estimated bill with any balance payable upon conclusion. A credit card number will be kept on file to cover any incidentals or for additional deposits or final payment. All payments are payable to (caterer). Checks are required for the original deposit; checks and major credit cards are accepted for the 50 percent deposit and final payment. The 50 percent deposit and final payment must be remitted within ten (10) days of notification. Failure to pay will result in the credit card on file being charged in the amount owed.

c) At the time of booking, a $1,000 deposit is required to secure your date. This deposit will be applied against your final bill. This deposit is non-refundable. A second payment of $3,000 or an estimated 25 percent of your remaining balance will be due 90 days prior to the function. A notice regarding the second installment will be mailed. As above, this payment is non-refundable and will be applied against your final balance. The remaining balance is due one week prior to the function. We will bill you after the function for any additional expenses incurred the day of your event. Deposits and final payments may be made by cash, bank check or credit card. We accept Master Card, Visa and American Express.

d) Client agrees to pay the final balance three (3) days prior to (date) by cash, cashier’s check or wire transfer. Full final payment must be received by (date).

e) Client agrees to pay (caterer) for any meals provided to musicians, photographers or any other persons retained by the client to provide services during the course of the event at the rate of 50 percent of the per-guest charge. Except for youth events such as first communions and bar mitzvahs, children ages 10 and under are also bill.



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1 comment:

  1. Client agrees to pay caterer for meals provided to people engaged during the party is also important. Most of the people do not take this into consideration.



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