Common use of Utility Deposit Clause in Contracts

Utility Deposit. 1. If utilities (gas, electricity, water and sewer, as applicable) are included as part of the rental payment, The Program will pay a utility deposit (the “Utility Deposit”) to the Landlord as required in the amount of $ . 2. The Landlord will hold this Utility Deposit during the period in which Tenant occupies the Rental Unit under the Lease. After Tenant has moved from the Rental Unit, the Landlord may use the Utility Deposit as reimbursement for amounts owed to Landlord for utilities. 3. If utilities are not included as part of the rental payment, the Program will pay a Utility Deposit directly to the utility provider, if required.

Utility Deposit. 1. If utilities (gas, electricity, water and sewer, as applicable) are included as part of the rental payment, The Program will pay a utility deposit (the “Utility Deposit”) to the Landlord as required in the amount of $ . 2. The Landlord will hold this Utility Deposit during the period in which Tenant occupies the Rental Unit under the Lease. After Tenant ▇▇▇▇▇▇ has moved from the Rental Unit, the Landlord may use the Utility Deposit as reimbursement for amounts owed to Landlord for utilities. 3. If utilities are not included as part of the rental payment, the Program will pay a Utility Deposit directly to the utility provider, if required.