Security Deposit definition

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

Security Deposit means any refundable deposit of money that is furnished by a tenant to a landlord

Security Deposit shall have the meaning ascribed to it in Section 3.5.

Examples of Security Deposit in a sentence

• At the end of this Agreement all access provided to the Tenant shall be returned to the Landlord or a fee will be charged to the Tenant or the fee will be subtracted from the Security Deposit.

• Furthermore, under such failure to deliver possession by the Landlord, and if the Tenant cancels this Agreement, the Security Deposit (if any) shall be returned to the Tenant along with any other pre-paid rent, fees, including if the Tenant paid a fee during the application process before the execution of this Agreement.

• If Lessee fails to pay Rent, or otherwise defaults under this Lease Agreement, City may use, apply or retain all or any portion of said Security Deposit for the payment of any amount due City or to reimburse or compensate City for any liability, expense, loss or damage which City may suffer or incur by reason thereof.

• Should the Agreed Use be amended to accommodate a material change in the business of Lessee or to accommodate a sublessee or assignee, the City’s Airport Director shall have the right to increase the Security Deposit to the extent necessary, in the Airport Director’s reasonable judgment, to account for any increased wear and tear that the Premises may suffer as a result thereof.

• If the Base Rent increases during the term of this Lease Agreement, Lessee shall, upon written request from the City’s Airport Director or Administrative Manager, deposit additional monies with City so that the total amount of the Security Deposit shall always bear the same proportion to the increased Base Rent as the initial Security Deposit bore to the initial Base Rent.

More Definitions of Security Deposit

Security Deposit means an amount of money you must pay to us before we supply Energy to you (and which we hold as a deposit);

Security Deposit means a refundable payment or deposit of money, however designated, the primary function of which is to secure the performance of a rental agreement or any part of a rental agreement. “Security deposit” does not include a fee.

Security Deposit means a deposit, in any amount, paid by the tenant to the landlord or his or her agent to be held for the term of the rental agreement, or any part of the term, and includes any required prepayment of rent other than the first full rental period of the lease agreement; any sum required to be paid as rent in any rental period in excess of the average rent for the term; and any other amount of money or property returnable to the tenant on condition of return of the rental unit by the tenant in condition as required by the rental agreement. Security deposit does not include either of the following:

Security Deposit means a refundable payment or deposit of money, however designated,

Security Deposit means, with respect to any Lease Agreement, the refundable security deposit specified in such Lease Agreement.

Security Deposit means any deposit of money or property to secure performance by the tenant under a rental agreement.

Security Deposit means the Security Deposit as specified in Clause 2.1.0.0 hereof and associated clauses there under.