Whether your facility is the venue of choice for weddings, parties, or corporate events, speed up your rental process with our Event Facility Rental Agreement … Upon receipt of this contract, a 25% deposit of the total rental fee is due to hold the venue for your event. 1.1. Definitions and Interpretation 2. The basic principle of an indemnity is an agreement or promise by one party, to pay for damage and/or loss that may be suffered by another party. You might not want to think about an April snowstorm's effect on your lovely garden ceremony, but if you want to ensure that the catering hall's ballroom will be available, write that into the contract. Booking 3. An indemnification clause protects you from liability if you’re sued by a third-party due to negligence on the client’s end. Some variants specify the exact quality and form of insurance. of Venue’s Indemnified Parties. EVENT VENUE RENTAL AGREEMENT ... INSURANCE (Organizations and companies ONLY) A certificate of insurance for bodily injury and property damage liability protection in a combined single limit amount of no less than $1,000,000 is required with each rental. I, User-name_____ (herein called the “User”) of … Waters Edge Venue Rental Agreement 7805 Georgetown Street Louisville, Ohio 44641 Phone: (330) 875-0100 Email: info@watersedgevineyard.com This contract defines the terms and conditions under which Grape Escape LLC dba Waters Edge, (hereinafter referred to as Waters VENUE AGREEMENT Paradise Canyon (hereinafter called “Paradise Canyon”) and Name (Lessee) Address Email Telephone - Home Telephone - Cell Function Date Number of People Meal Choice Bar Service (Cash Bar, Open Bar, Other (please specify)) Arrival Time Meal Time Policies and Rules • $1,000,000.00 Third Party Liability insurance required • Without restricting the generality of Indemnification,the EVENT SPONSOR shall provide, maintain and pay for a minimum of at least $1,000,000. Just as important, however, are lease terms incorporated as standard contract clauses. Landlord may increase said rental amount or modify Agreement to any extended term by giving advance written notice equal to one month to the Tenant. EVENT VENUE RENTAL AGREEMENT ... INSURANCE (Organizations and companies ONLY) A certificate of insurance for bodily injury and property damage liability protection in a combined single limit amount of no less than $1,000,000 is required with each rental. third party liability insurance. "Venue Rental Period" means the period during which the JSE provides the Venue for rental for the Event as specified in the Booking Form and the Function Sheet. If an attendee is injured, for example, the clause ensures that the attendee cannot hold you legally responsible. It’s possible that a client will pull out midway through the event planning … In the event of a Client cancellation, if Stone of Scone Farm, LLC is able to rebook a comparable event on the scheduled date, all deposits for venue rental will be refunded less a $400.00 administrative fee as described in Paragraph 4 (a) above. Optional phrases / clauses are enclosed in square brackets. Their terms are not suitable for private functions such as wedding parties. Insurance impacts many aspects of the landlord-tenant relationship, including not only lease provisions prescribing specific insurance coverages, but also lease provisions relating to indemnity, restoration of the premises following a casualty, waivers of subrogation, self-insurance and even provisions relating to when abatement of rent occurs. This Practice Note sets out the types of insurance that should be put in place and highlights the considerations for a practitioner when drafting/negotiating an insurance clause. Unused options should be removed from the document. • The balance of your space rental fee is due thirty (30) days prior to your event. Insurance evolves as the need for coverage changes over time and the industry goes into its various cycles of hard markets and soft markets. Add a clause to the contract stating that all fees are revealed and there will be no additional, miscellaneous fees tacked on at the end. e.g. CATERER & FOOD The space should be described by the lessor and when rented the event should be described along with the payment schedule and any non-refundable fees and/or security deposits. If you do not understand the terms of your agreements, ask a lawyer. Additional Insured. The initial coverages, policy limits, terms and conditions of the Tenant’s Insurance shall be as set forth in Exhibit 10.1, subject to future adjustments to be evaluated and, if needed, required by Landlord every three (3) Lease Years during the Term. But be specific about usage, and consider setting a ceiling to trigger billing. The clause may state that there should be a suspension of the whole of the rent, or sometimes part of the rent, subject to how much of the property is usable. Simple Event Venue Contract Template Mandatory venue clauses require that the particular court selected and located in a specific city, and/or county is the exclusive court or only Court to decide the dispute. The insurance clause details who is responsible for insurance and what kind of coverage they are required to have. You can’t get away from the tedious fine print. Oftentimes, a party will want their contract dispute decided by the Courts in their hometown, where they and their counsel are located. The space should be described by the lessor and when rented the event should be described along with the payment schedule and any non-refundable fees and/or security deposits. A Contract Hire Agreement protects the parties to a vehicle lease. 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