Utilities Deposit definition

Utilities Deposit means the deposit payable pursuant to Clause 13 and the amount (if any) is as stated in the Yearly Contract;
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Utilities Deposit means the sum (subject to adjustment) stipulated in Part 12 of the First Schedule hereto payable by the Tenant to the Landlord;
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Utilities Deposit means the sum stipulated in in Section 6(b) of Schedule A hereto to be paid to the Landlord.
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Examples of Utilities Deposit in a sentence

  • Upon such review, the amount of the Utilities Deposit shall be adjusted accordingly and the shortfall, if any, resulting from such adjustment shall be made good and paid by the Tenant to the Landlord within seven (7) days from the receipt of the notification for such adjustment.

  • For avoidance of doubt, the Tenant expressly consented that the Landlord may offset the Utilities Deposit and/or Mail Box Deposit, as the case may be, in the possession of the Landlord against any and all monies due from the Tenant under this Agreement upon expiry or sooner determination of the tenancy.

  • Security Deposit equivalent to 3 months rent RM 147,874.00 (rounded-up) and Utilities Deposit of RM 12,323.00 (rounded-up) based on RM 1.20 per sq ft, will be retained from existing deposits referenced in the Agreement.

  • The Deposit and Utilities Deposit shall unless increased as herein agreed be maintained at this figure during the said term and shall not be treated as payment of rental for any period.

  • The Rental Deposit and Utilities Deposit subject to increase in accordance with Section VllI of the Standard Conditions shall be USD THlRTY NINE THOUSAND SEVEN HUNDRED AND NINE AND CENTS FIFTY ONLY(USD 39,709.50)for the Rental Deposit and USD TWO HUNDRED AND EIGHTY SEVEN AND CENTS SEVENTY FIVE ONLY(USD 287.75)for the Utilities Deposit.

  • The Utilities Deposit shall under no circumstances be used by the Tenant to offset the reserved rent and shall not be treated or deemed to be payment of the reserved rent.

  • The Tenant shall pay to the Landlord a Utilities Deposit of RM5,000.00.

  • The Rent Deposit and Utilities Deposit shall not be taken to be or treated as payment of Rent in ascertaining whether Rent has been in arrears.

  • The Loan will be drawndown to settle the amount owing by the Vendor to Danajamin Nasional Berhad (“Chargee”) of RM13.00 million and the balance of the Loan (less the Initial Security Deposit of RM2,407,790.01 and the Initial Utilities Deposit of RM802,596.67) is to be paid to the Vendor through its solicitors.

  • Security deposit: {Deposit Sekuriti} (Ringgit Malaysia: (Deposit sekuriti dalam perkataan.) Early rental: (Sewa pendahuluan) (Ringgit Malaysia: (Sewa pendahuluan dalam perkataan.) Utilities: {Deposit utiliti} (Ringgit Malaysia: {Deposit utiliti dalam perkataan)} 9.


More Definitions of Utilities Deposit

Utilities Deposit means the sum of money as stated in Section 10(b) of the First Schedule to be paid by the Tenant in accordance with Clause 6.2.
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Utilities Deposit means the sum of Ringgit Malaysia Thirteen Thousand Eight Hundred (RM13,800.00) only and shall be retained by the LANDLORD as security for the due and punctual payment by the TENANT of the utility charges incurred and payable by the TENANT in respect of the DEMISED PREMISES during the TERM referred to in sub-clause 3.1.2 and 5.13.
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Utilities Deposit means the sum specified in Item 11 of Schedule 1.
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Utilities Deposit means the deposit for the payment by the Tenant of the Utilities Charges, which amount is stated in Item 8 of the FIRST SCHEDULE hereto annexed.
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