ELECTRICITY DEPOSIT Sample Clauses
The Electricity Deposit clause requires a tenant or occupant to provide a financial deposit specifically to cover electricity usage or potential unpaid electricity bills. Typically, this deposit is collected at the start of a lease or service agreement and may be held by the landlord, property manager, or utility provider until the end of the occupancy. The deposit can be used to settle any outstanding electricity charges or damages related to electricity usage, and any remaining balance is usually refunded after final settlement. This clause ensures that the property owner or utility provider is protected against non-payment of electricity costs, thereby reducing financial risk and encouraging responsible usage by the tenant.
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ELECTRICITY DEPOSIT. As against the deposits payable to CESC Limited or otherwise an amount estimated @Rs.5,000/- per KW shall be paid on the basis of the power (in KW) allocated to the said Unit by the developer. In case the Purchase desire for extra power, in such case he will have to pay extra deposit together with the extra cost incurred for availing such extra power. This amount is payable on or before Possession Date. Service Tax, if any, shall be payable extra.
ELECTRICITY DEPOSIT. A Deposit of €350 is due with the Accommodation Payment to cover electricity charges for the duration of stay. Any balance of the Electricity Deposit not required in connection with electricity charges will be applied towards any outstanding licence fee due. Keys to accommodation cannot be issued until/unless the electricity supply deposit is paid in full. Electricity Bills are issued to each apartment every month/two months. Any credit remaining will be refunded with Security Deposit refunds, normally within eight weeks from date of departure. Please note any underpayment will be due at the end of the accommodation Licence Agreement and prior to departure. Any balance due in respect of Electricity on termination of this Agreement shall be deducted from any sum to credit of the Security Deposit.
ELECTRICITY DEPOSIT. A Deposit of €350 is due with the Accommodation Payment to cover electricity charges for the duration of stay. Any balance of the Electricity Deposit not required in connection with electricity charges will be applied towards any outstanding licence fee due. Keys to accommodation cannot be issued until/unless the electricity supply deposit is paid in full.
ELECTRICITY DEPOSIT. S$ <Value>
ELECTRICITY DEPOSIT. The Licensee shall keep his business in full operation every day for at least eight (8) hours during the business hours of between 0500 hours to 0000 hours. : S$ _
ELECTRICITY DEPOSIT. Upon taking occupancy of the premises, Lessee will deposit with Lessor and continuously maintain a “Electricity Deposit” in the amount of $500.00 or a total of any past 3 consecutive months electricity charges whichever is higher. In no event will a decrease in electrical usage decrease this deposit.
ELECTRICITY DEPOSIT. That in case there is any liability of installing the transformer for proper electricity supply whether in the premises where the buildings and tenement is situated or outside, the costs and expenses of the same shall be proportionately borne by the tenement holders and shall be paid to the Developer within 8 days from same such intimation. Whatsoever is the electric meter deposit that shall be paid by the Purchaser to the Developer on demand.
ELECTRICITY DEPOSIT. In addition to the aforesaid deposit, the Tenant shall upon taking possession of the Premises deposit with the Landlord the sum specified in this Agreement to secure the due discharge of all charges for electricity consumed in or supplied to the Premises. The deposit shall be retained by the Landlord throughout the term free of interest to the Tenant and in the event of a failure to discharge the charges for electricity, the Landlord shall be entitled to deduct from the deposit the amount of the electricity charges not discharged by the Tenant in which event the Tenant shall as a condition precedent to the continuation of electricity services to the Premises deposit with the Landlord the amount so deducted.