Common use of Amount of Security Deposit Clause in Contracts

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of (“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 2 contracts

Samples: Lease Agreement (Landa App LLC), Lease Agreement (Landa App LLC)

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Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of $1700 ("Security Deposit"), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of 1,157 (“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of $1800.00 (“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of $975 (“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of $915 ("Security Deposit"), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of 1,100 (“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

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Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of 1,150 ("Security Deposit"), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of $1,425 (“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement (Landa App LLC)

Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of ($ )(“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.

Appears in 1 contract

Samples: Lease Agreement

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