Common use of Construction Deposit Clause in Contracts

Construction Deposit. Prior to commencement of construction in the Premises, ▇▇▇▇▇▇’s General Contractor shall deliver a damage deposit in the form of a cashier’s check in the amount of $2,500.00 made payable to Landlord. Landlord shall have the right to use all or any part of said damage deposit as reimbursement for any debris clean-up or damage caused by Tenant’s General Contractor or subcontractors to any Common Areas.

Appears in 5 contracts

Sources: Lease (Impossible Kicks Holding Company, Inc.), Lease Agreement (Impossible Kicks Holding Company, Inc.), Lease (Impossible Kicks Holding Company, Inc.)

Construction Deposit. Prior to commencement of construction in the Premises, ▇▇▇▇▇▇’s General Contractor contractor shall deliver a damage deposit in the form of a cashier’s check in the amount of $2,500.00 5,000.00 made payable to Landlord. Landlord shall have the right to use all or any part of said damage deposit as reimbursement for any debris clean-up or damage caused by Tenant▇▇▇▇▇▇’s General Contractor or subcontractors contractor(s) to any Common Areas.

Appears in 1 contract

Sources: Lease (Impossible Kicks Holding Company, Inc.)