Security Deposit Required. The Tenant is required to pay $ and it shall be due and payable in advance of the Initial Term (“Security Deposit”) and shall be held in escrow by the Landlord in a separate bank account as security for the successful performance of the terms and conditions of this Agreement. The Security Deposit may not be used to pay the last month’s rent.
Appears in 8 contracts
Samples: Oregon Commercial Lease Agreement, York Commercial Lease Agreement, North Carolina Commercial Lease Agreement
Security Deposit Required. The Tenant is required to pay $ $[AMOUNT] and it shall be due and payable in advance of the Initial Term (“Security Deposit”) and shall be held in escrow by the Landlord in a separate bank account as security for the successful performance of the terms and conditions of this Agreement. The Security Deposit may not be used to pay the last month’s rent.
Appears in 4 contracts
Samples: Hawaii Commercial Lease Agreement, Wyoming Commercial Lease Agreement, Virginia Commercial Lease Agreement
