Examples of Rent Deposit in a sentence
Sums on deposit in the Rent Deposit Accounts shall not be invested in Permitted Investments and shall be held solely in cash.
The Landlord may assign any payment to Rent, Deposit, Commission, costs, fees, fines or other items according to his own discretion, in spite of any assignment made by the Tenant with regard to such a payment.
Sums on deposit in the Rent Deposit Account shall not be invested in Permitted Investments and shall be held solely in cash.
There are no other accounts maintained by Borrower or Manager or any other Person other than the Rent Deposit Accounts and the Collection Account into which Rents or any other Collections shall be deposited.
Borrower hereby grants to Lender a continuing security interest in, and agrees to hold in trust for the benefit of Lender, all Rents and other Collections in its possession prior to the (x) payment of such Collections to Lender or (y) deposit of such Collections into a Rent Deposit Account or Collection Account, as applicable.