Renter acknowledges that a refundable security deposit in the amount of $250.00 is required for each rental and may be applied, in whole or in part, to any unpaid rental charges, late fees, damage, missing items, cleaning, towing, service calls, traffic citations, tolls, battery abuse, or other amounts due under this Agreement; any remaining balance shall be refunded after the cart is returned, inspected, and found to be in satisfactory condition, subject to normal processing time.