Security Deposit definition

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

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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

• The names and addresses of the Account Bank and each Non-Trustee Account Bank and the Irish Bank, together with the account numbers of the Collection Account, the Security Deposit Account, the Maintenance Reserve Account, the Liquidity Reserve Account, the Irish VAT Refund Account and each Non-Trustee Account are as specified in Schedule VI hereto, as such Schedule VI may be updated from time to time pursuant to Section 8.1(b).

• The Collection Account, Security Deposit Account, Non-Trustee Accounts, the Liquidity Reserve Account, the Irish VAT Refund Account and the Maintenance Reserve Account are the only accounts into which Collections are deposited or remitted.

• There are no lock-boxes or lockbox accounts associated with any of the Collection Account, the Security Deposit Account, the Maintenance Reserve Account, the Liquidity Reserve Account, the Irish VAT Refund Account or any Non-Trustee Account.

• Lessee may not assert the off-set of the Security Deposit against rent or any other obligation owed to Lessor.

• The Security Deposit secures Lessee’s obligations to Lessor under service agreements for interior work and repair work, cleaning contracts, security contracts and the like for the leased premises.

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

Security Deposit means any cash held by or for the benefit of the Borrower as a “security deposit” (or other similar term) pursuant to any Lease.

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

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