Security Bond definition

Security Bond means an amount payable by a tenant as security for the performance of his obligations under a residential tenancy agreement, including an amount referred to in section 29(1)(b)(ii);

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Security Bond the security bond specified in Item 14.

Security Bond means the amount shown on the Rental Agreement We collect from You at the Start of the Rental as security for the Rental Charges and other fees and charges incurred during Your rental and the amount is fully refundable subject to sub-clause 5.2. Start of the Rental means the date and time that the rental commences as shown in the Rental Agreement.

Examples of Security Bond in a sentence

• It is an offence for a lessor or a property manager to require a tenant to sign a Joint Application for Disposal of Security Bond form unless the residential tenancy agreement has terminated, the rent to be paid under the tenancy agreement is decreased or a pet is no longer kept at the premises, and the amount of the security bond to be paid to the tenant or lessor is stipulated on the form.

• The Company may retain the Security Bond for a period of either 21 days after the conclusion of the Hire Period, or such other period as is reasonably required by the Company to determine the Hirer’s liability to the Company under the terms of this Hire Agreement and to attend to payment of that liability from the Security Bond.

• Security Bond; upon execution of this Agreement, Construction Manager shall provide a security bond on the form provided by the Owner in the amount of 5% of the Construction Cost Limitation.

• Please note that no material additions, deletions or alterations regarding the contents of this Form shall be made to the Performance Security Bond (the Bond) to be furnished by the successful Tenderer/ Supplier.

• The Security Bond will not be returned should this timeframe be lapsed.

More Definitions of Security Bond

Security Bond means the bond paid by You to TCC which will be used to reimburse TCC for the cost of any Damage caused to the Vehicle under the terms of this Agreement. ‘Unsealed Road’ means a road not sealed with a hard material, such as tar bitumen or concrete.

Security Bond means the security bond in an amount nominated by us that you provide under clause 9.

Security Bond means the amount paid by the Guest to the Owners and held as security. • Terms and Conditions mean the content of this Agreement.

Security Bond means the amount as described in the Schedule;

Security Bond means a provision of a residential tenancy agreement or a collateral agreement under which a tenant is required to give security for the performance of obligations under a residential tenancy agreement;

Security Bond means an amount payable by a long‑stay tenant as security for the performance of his or her obligations under the long‑stay agreement, including any amounts of pet bond or key bond;

Security Bond means a payment or guarantee made to council for the purposes of defraying costs to repair damage to assets or as required under the local law;