SECURITY AND DAMAGE DEPOSIT. 10. Tenant contemporaneously with the execution of this Lease, has deposited with Landlord the sum of One Thousand Three Hundred Fifty and no/100 Dollars ($1,350.00), receipt of which is acknowledged hereby by Landlord, which deposit is to be held by Landlord, without liability for interest, as a security and damage deposit for the faithful payment and performance by Tenant of all of its obligations hereunder, during the term hereof and any extension hereof. Landlord may co-mingle such deposit with Landlord’s own funds and to use such security deposit for such purpose as Landlord may determine. In the event of the failure of Tenant to keep and perform any of the terms, covenants and conditions of this Lease to be kept and performed by Tenant during the term hereof and any extension hereof, and without limiting any other remedy available to Landlord, then Landlord either with or without terminating this Lease, may (but shall not be required to) apply such portion of said deposit as may be necessary to compensate or repay Landlord for all losses or damages sustained or to be sustained by Landlord due to such breach on the part of Tenant, including, but not limited to overdue and unpaid rent, any other sum payable by Tenant to Landlord pursuant to the provisions of this Lease, damages or deficiencies in any reletting of the Demised Premises, and reasonable attorney’s fees incurred by Landlord. Should the entire deposit or any portion thereof, be appropriated and applied by Landlord, in accordance with the provisions of this paragraph, Tenant upon written demand by Landlord, shall remit forthwith to Landlord a sufficient amount of cash to restore said security deposit to the original sum deposited, and Tenant’s failure to do so within five (5) days after receipt of such demand shall constitute a breach of this Lease. Said security deposit shall be returned to Tenant, less any amounts retained by Landlord pursuant to the provisions of this paragraph, at the end of the term of this Lease or any renewal thereof, or upon the earlier termination of this Lease. Tenant shall have no right to anticipate return of said deposit by withholding any amount required to be paid pursuant to the provisions of this Lease or otherwise. In the event Landlord shall sell the Property, or shall otherwise convey or dispose of its interest in this Lease, Landlord may assign said security deposit or any balance thereof to Landlord’s assignee, whereupon Landlord shall be released from a...
SECURITY AND DAMAGE DEPOSIT. The Lessee has deposited the sums of $ as security And damage deposit, receipt of which is hereby acknowledged, which sum shall be deposited by Landlord in a trust account with Chase Bank, at the Ellensburg branch, whose address is 000 Xxxxx Xxxxx Xxxxxx. Interest on the deposit shall belong to the Landlord. All or a portion of such deposit may be retained by Landlord and a refund of any portion of such deposit is condition as follows:
SECURITY AND DAMAGE DEPOSIT. Your credit card details will be required by way of security deposit upon your arrival in resort. Your card will not be charged unless MX suffers any loss or expense in providing the services you require and such loss or expense has not been paid for by you on departure, or unless we receive an instruction from you to charge your credit card for the payment of services requested by you.
SECURITY AND DAMAGE DEPOSIT. The Tenant has agreed to give the Landlord the sum of $ pursuant to Addendum A – Payment Schedule, for a deposit to assure that the Tenant fully performs all that is required of the Tenant under the provisions of this agreement. If the Tenant does not pay the rent or any installment of the rent or if the Tenant violates any other part of this agreement, the Landlord may use or apply part or all of this deposit to the unpaid rent or O Xxx 0000, Xxxxxx, XX 00000 any part thereof or to any other costs or payments outstanding due to Tenant’s violation. Upon notice of such use by the Landlord, the Tenant shall within two days repay to the Landlord such sums used by the Landlord from this deposit. At the end of the term, the Landlord shall pay to the Tenant the deposit (less any sums properly retained according to this agreement) after the Tenant has returned all keys and has vacated the premises and also after the Landlord has had a reasonable opportunity (at least Iive business days after Tenant has vacated the premises) to inspect the premises for damage and process the deposit for return, which usually takes approximately one month after the end of the lease term. If the Tenant shall fail to comply with all of the requirements for vacating and surrendering the premises in original condition, less normal wear and tear, Tenant agrees that Landlord may deduct from this deposit an amount for labor, materials, and supplies. See 19. SURRENDER/TURNOVER COSTS & PRACTICES of this lease document for further elaboration. Tenant speciKically agrees not to apply this deposit to the payment of any rent installment.
SECURITY AND DAMAGE DEPOSIT. The Tenant has agreed to give the Landlord the sum pursuant to the preceding pages of this lease. Tenant agrees that the security deposit may not be applied by the tenant as rent, and that the full monthly rent will be paid on or before the rent due date of every month including the last month of occupancy. At all times, landlord is entitled to have the full amount of the security deposit stated on this lease. Return of the security deposit is subject to the following provisions:
SECURITY AND DAMAGE DEPOSIT. The total security/damage deposit is $ , due on or before signing of this Housing Agreement or other date as may be mutually agreed‐upon, to be applied to remedy any default by Employee in performing Employee’s obligations under the Housing Agreement, including unpaid rent, and to repair damages to the Housing caused by Employee, not including ordinary wear and tear. Within 60 days after termination of the Housing Agreement, University will either refund the deposit to Employee or will give Employee a written accounting stating the basis or bases of University’s claim to the deposit. University will provide the written accounting by mailing the accounting to the last known address of the Employee. If costs of repairing damages exceed the amount of the security deposit, Employee will be responsible for all such excess costs. No interest will accrue or be payable on this deposit.
SECURITY AND DAMAGE DEPOSIT. The Tenant has agreed to give the Landlord the sum of $ (the "security deposit") pursuant to Addendum A -‐ Payment Schedule, as a deposit to assure that the Tenant fully performs all that is required of the Tenant under the provisions of this lease. If the Tenant does not pay the rent or any installment of rent or if the Tenant violates any other part of this lease, then the Landlord may use or apply part or all of this security deposit to the unpaid rent or any part thereof or to any other costs or payments outstanding due to Tenant's violation. Upon notice of such use by the Landlord, the Tenant shall within two
SECURITY AND DAMAGE DEPOSIT. No security or damage deposit is required for this Lease.
SECURITY AND DAMAGE DEPOSIT. The Tenant has agreed to give the Landlord the sum of $ pursuant to Addendum A – Payment Schedule, Tenant agrees that the security deposit may not be applied by the tenant as rent, and that the full monthly rent will be paid on or before the rent due date of every month including the last month of occupancy. At all times, landlord is entitled to have the full amount of the security deposit stated on this lease. Return of the security deposit is subject to the following provisions:
SECURITY AND DAMAGE DEPOSIT. Tenant is depositing with Landlord the security and damage (And Pet, as applicable) deposit(s) in the amount(s) specified above (collectively, the “Security Deposit”). Upon the vacating of the Premises for termination of this Lease, Landlord shall within fifteen (l5) days either (a) return to Tenant the Security Deposit; or (b) give Tenant notice by certified mail at Tenant's last known mailing address of Landlord's intention to impose a claim on the deposit and the reason for imposing the claim. If Tenant does not object to Landlord's claim within fifteen (l5) days after receipt of the notice of claim, Landlord may retain the amount of the claim from the deposit and refund the balance to Tenant.
