Interest on Security Deposit. Tenant is not entitled to any interest on the Security Deposit.
Interest on Security Deposit. (a) Where we have received a security deposit from you, we will pay interest, if any, to you, on the deposit at the contract interest rate.
Interest on Security Deposit. In accordance with Illinois law (765 ILCS 715/1, 715/2), and subject to the exception set forth in this Paragraph, such deposit shall be returned to Tenant, without interest, and less any set off for damages to the Premises upon the termination of this Agreement. Landlord will only pay interest to Tenant if the Premises is an apartment in a building with 25 or more units, provided the security deposit is held by Landlord for more than six (6) months. The interest rate is to be the same rate as given by the largest bank in Illinois on minimum passbook savings accounts as of December 31 of the year before the commencement date of this Agreement. Landlord shall pay Tenant the accrued interest annually by cash or credit towards rent due, except when Tenant is in default under the Agreement.
Interest on Security Deposit. The Lender shall pay interest at the rate specified in schedule 1 on the Security Deposit placed by the Borrower(s), Guarantor(s) with the Lender, this interest shall be paid to the Borrower(s)/Guarantor(s) at the time of end of the tenure of this Agreement. However, in the event of early termination or prepayment, the Lender shall not be liable to apy interest at the stipulated rate of interest on the Security Deposit but shall pay interest at such rate as the Lender may its sole discretion determine.
Interest on Security Deposit. The Tenant acknowledges and agrees that if the Managing Agent holds the Security Deposit or any additional deposit(s), that Managing Agent may from time to time receive income generated from placement of Tenant’s Security Deposit and /Additional Deposit(s) in an interest bearing escrow account and such interest shall accrue to the benefit of Managing Agent, and neither Landlord nor Tenant shall make any claims thereto.
Interest on Security Deposit. In accordance with Pennsylvania law, and subject to the exception set forth in this Paragraph, such deposit shall be returned to Tenant, without interest, and less any set off for utility bills, fees and damages to the Premises upon the termination of this Agreement. Landlord will only pay interest to Tenant if both of the following two (2) conditions are met: (i) Landlord requires a security deposit in excess of $100, and (ii) the Tenant has rented from Landlord for twenty-four (24) months. If both conditions are met, then starting on the twenty-fiNh (25) month of Tenant's Lease, Landlord will pay Tenant interest on Tenant's security deposit, less a 1% administrative fee, to be paid annually on the date of Tenant's Lease.
Interest on Security Deposit. In accordance with all applicable statutes, Landlord will pay Tenant interest on Tenant's security deposit, less any service fee charged by the bank or investment company.
Interest on Security Deposit. In accordance with Pennsylvania law, and subject to the exception set forth in this Paragraph, such deposit shall be returned to Tenant, without interest, and less any set off for damages to the Premises upon the termination of this Agreement. Landlord will only pay interest to Tenant if both of the following two (2) conditions are met: (i) Landlord requires a security deposit in excess of $100, and (ii) the Tenant has rented from Landlord for twenty-four
Interest on Security Deposit. Landlord may elect to either commingle the Security Deposit in its general accounts or deposit the Security Deposit in an interest-bearing demand account at a national bank of its choice. In the event Landlord elects to deposit the Security Deposit in a national bank of Landlord's choice, interest shall be credited to Tenant and added to the Security Deposit in an amount equal to the actual interest earned on that account, less Landlord's good faith estimate of the income taxes payable by Landlord on those earnings at Landlord's highest marginal rate. If Landlord elects to hold the Security Deposit in its own accounts commingled with its funds, Landlord shall credit Tenant with imputed interest on the Security Deposit at a rate equal to the rate being paid by a national bank selected by Landlord on demand deposits of like amounts, less Landlord's good faith estimate of the income taxes to be payable on that amount of interest at Landlord's highest marginal rate. If Landlord elects to deposit the Security Deposit in a national bank, that deposit shall be at Tenant's sole risk and Landlord shall have no liability for the return of the Security Deposit to Tenant to the extent any failure of that bank results in a loss of all or any portion of that deposit."
Interest on Security Deposit. If the Rail Operator provides a Security Deposit to RailCorp in accordance with this clause 20:
