CLEANING AND SECURITY DEPOSIT Sample Clauses

CLEANING AND SECURITY DEPOSIT. 5. As a further consideration for the execution of this agreement by Owner, and in addition to the sums agreed to be paid herein, Tenant agrees to deposit with the Owner the sumof $ upon the execution of this agreement, as security for the faithful performance of Tenant's obligations hereunder and toclean the premises at the time Tenant vacates. The total despot shall not exceed two times the monthlyrent for unfurnished apartments nor three times the monthly rent for furnished apartments. The Owner shall not be required topay interest on the deposit. Owner may, at its option, claim such amounts of the deposit as are reasonably necessary in Owner's judgment to remedy Tenant's defaults in the payment of rent, any late charge or other charges due hereunder, to repair damages to the premises caused by the Tenant or any person on the premises through Tenanta, nd to clean the premises when Owner regains possession of the same, in the event that the deposit or any portion thereof shall be applied as herein provided. Tenant agrees, within ten (10) days after written demand from Owner, to deposit with Owner an amount sufficient to restore the deposit to its original amount, and failure to do so shallconstitute a breach of this agreement. if the deposit is insufficient for the purposes for which thedeposit is permitted to be used, Owner may proceed with the collection of any deficiencies from the Tenant. No portion of the deposit shall be deemed rent for any rental month unless so specified or unless Owner so elects, nor shall it constitute a measure of Owner's damages in the event of default. Owner shall have the right to commingle the deposit with other funds of the Owner. Within two weeks after Tenant vacates the premises, the deposit shall be returned (mailed)to Tenant less the amount necessary to compensate Owner for cleaning, and repair of damages over normal wear andtear, and for unpaid rent or other charges due hereunder. Within said two weeks, Owners shallmail Tenant an itemized statement (on the deposit refund check or otherwise) showing the total amount of the deposit and the deductions therefrom, if any.
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CLEANING AND SECURITY DEPOSIT. Lessee understands that the full $200.00 cleaning and security deposit is due at lease signing. The $200.00 deposit will be returned less cleaning costs, breakage, damage to apartment, loss of keys, smoke detectors, phone jacks, cable boxes, additional rent charges and any other charge(s) against the undersigned lessee within sixty (60) days after the termination or expiration of lessee’s tenancy and after all roommates have vacated said apartment, turning in keys to the office. Lessee understands that the deposits are “pooled” with other residents of the apartment when dealing with the common living areas. Pooling is done in the following manner: deposits are applied to the common living areas first and then the bedroom area last. Lessee’s deposit will not be applied to damages to a roommate’s bedroom area. All roommates are responsible for maintaining the common living areas in good conditions, ordinary wear and tear accepted. Failure to comply with the prescribed checkout procedures could result in the deposit being forfeited.
Sample 1
CLEANING AND SECURITY DEPOSIT. A separate check in the amount of TWO HUNDRED DOLLARS ($200) received from Clubhouse User shall be held as a refundable Cleaning and Security Deposit. Clubhouse User shall return possession of the Clubhouse to the Association in the same condition in which it was found. Clubhouse User shall be required to clean the Clubhouse. Any cleaning or repair charges incurred by the Association shall be deducted from the Clubhouse User’s Cleaning and Security Deposit. Should said deposit not cover all charges incurred, Clubhouse User shall immediately, upon receipt of an invoice, pay all additional amounts due. The Cleaning and Security Deposit may also be withheld if Clubhouse User is fined as a result of violating Clubhouse rules. All unexpended portions of the Clubhouse User’s deposit shall be returned to Clubhouse User following inspection by the Volunteer Clubhouse Inspector and final determination of the amount to be returned. NOTE: The security deposit will be forfeited if special arrangements for access are needed due to failure to pick up the clubhouse keys prior to the scheduled event.
Sample 1

Related to CLEANING AND SECURITY DEPOSIT

  • Security Deposit Not later than December 31, 2007, Tenant agrees to deposit with Landlord, the sum of $95,000.00 to be held by Landlord as security for the faithful performance of all the terms and conditions of this Lease (“Security Deposit”). Should the Tenant breach any of the terms and conditions of this Lease which continues beyond any applicable cure period and required notice, Landlord shall have the right, at any time, to apply the Security Deposit or any part thereof, for the purpose of curing any such default or for the purpose of reimbursing Landlord for any damage or costs occasioned by such default, but the right of Landlord to apply the Security Deposit shall not affect any other remedies available to Landlord under this Lease or under applicable law. If the Security Deposit, or any part thereof, is so applied by Landlord, Tenant shall, within ten (10) days after demand, deposit additional funds with Landlord to restore the Security Deposit, and failure to do so shall constitute an event of default under this Lease. If the Tenant shall have complied with all material terms and conditions of this Lease at the expiration of this Lease, the Security Deposit (without interest and amounts properly withdrawn by Landlord and not refunded by Tenant) shall be refunded to Tenant within thirty (30) days after the expiration or sooner termination of this Lease (including without limitation permitted terminations hereunder and terminations due to Landlord’s default which continues beyond applicable grace and cure periods following notice where applicable); provided, however, that Tenant first shall have vacated the Leased Space and surrendered possession thereof to the Landlord by delivery of keys, in accordance with the Lease provisions and shall have returned the Leased Space to Landlord in the condition required hereunder. Nothing herein contained shall require Landlord to hold the sums so deposited as a trust fund, nor establish any relationship other than that of debtor and creditor with respect to said funds so deposited. If Landlord shall assign or otherwise transfer its interest in this Lease, Landlord shall transfer the Security Deposit to the assignee or other transferee of such interest (with like obligation to transfer to any subsequent assignee or other transferee), and upon such transfer, Landlord shall be released and relieved from all liability and/or responsibility with respect to this Security Deposit and/or the return or application thereof.

  • Use of Basement and Service Areas The basement(s) and service areas, if any, as located within the (project name), shall be earmarked for purposes such as parking spaces and services including but not limited to electric sub-station, transformer, DG set rooms, underground water tanks, pump rooms, maintenance and service rooms, fire fighting pumps and equipment's etc. and other permitted uses as per sanctioned plans. The Allottee shall not be permitted to use the services areas and the basements in any manner whatsoever, other than those earmarked as parking spaces, and the same shall be reserved for use by the association of allottees formed by the Allottees for rendering maintenance services.

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