Refundable Security Deposits definition

Refundable Security Deposits means all Security Deposits that are refundable to tenants pursuant to Leases and have not been applied by Seller prior to the Closing Date.
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Examples of Refundable Security Deposits in a sentence

  • Any such Refundable Security Deposits in forms other than cash (including letters of credit) shall be transferred to Purchaser on the Closing Date by way of appropriate instruments of transfer or assignment.

  • The assignment of the Refundable Security Deposits has been made by means of a credit or payment on the closing statement executed by Seller and Purchaser pursuant to the Purchase Agreement.

  • Any such Refundable Security Deposits in form other than cash (including SureDeposits and letters of credit) shall be transferred to Buyer on the Closing Date by way of appropriate instruments of transfer or assignment, subject to Section 6.3.

  • The LESSEE has offered interest free Refundable Security Deposits of Rs. 0,00,000/- (Rupees ___________________________________________ Only) for the SAID INDUSTRIAL GALA taken on lease.

  • The actual amounts of the Refundable Security Deposits held by Sellers as landlord under the Space Leases shall be credited to Buyer against the balance of the Purchase Price at Closing.

  • Any such Refundable Security Deposits in form other than cash (including letters of credit) shall be transferred to Buyer on the Closing Date by way of appropriate instruments of transfer or assignment, subject to Section 6.3.

  • Refundable Security Deposits are collected at time of permit application, by the Parks and Open Space Department.

  • The actual amounts of the Refundable Security Deposits held by Seller as landlord under the Space Leases shall be credited to Buyer against the balance of the Purchase Price at Closing.

  • The actual amounts of the Refundable Security Deposits held by Seller as landlord under the Leases shall be credited to Purchaser against the balance of the Purchase Price at Closing.

  • Refundable Security Deposits – Refundable security deposits will be returned upon inspection that there is no damage or loss of Village property to the reserved site.

Related to Refundable Security Deposits

  • Security Deposits means all Tenant security deposits in the form of cash and letters of credit, if any, held by Seller, as landlord (together with any interest which has accrued thereon, but only to the extent such interest has accrued for the account of the Tenant).

  • Security Deposit Account has the meaning given in Section 5.1.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Refundable credit means the amount of the City income tax that was paid on the non-distributed portion, if any, of a nonqualified deferred compensation plan.

  • Imposition Deposits are defined in Section 7(a).