Refundable Security Deposit definition

Refundable Security Deposit is the sum agreed between the Owner and the Agent; a returnable deposit payable by the Guest to cover any breakages, damages or minor repairs to the Property which may be incurred during the Holiday Let.
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Refundable Security Deposit means amount collected on refundable basis as security deposit calculated at actuals (currently estimated at the rate of Rs. [•]/- per square foot carpet area of the Shop/Office Unit),.
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Refundable Security Deposit is the sum payable by the Guest to cover any breakages, damages or minor repairs to the Apartment which may be incurred during the Stay.
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Examples of Refundable Security Deposit in a sentence

  • Upon the expiration of this Lease and in the event that some but not all of the current residents to this Lease sign a renewal lease, and should the non-renewing residents to this Lease, who are vacating, demand the timely disposition of the Refundable Security Deposit placed on this Lease, as set forth more particularly in above paragraph 2, said deposit shall be disposed in accordance with applicable Virginia law and the aforesaid paragraph.

  • A $100 Refundable Security Deposit is required at the time the key is checked out.

  • Refundable Security Deposit: A refundable security deposit is required at the time of reservation and will be deposited immediately into the City’s bank account.

  • In such event, however, any renewing residents and/or those residents to be added to a renewal lease may be required to tender to the Landlord sufficient funds to fully restore the Refundable Security Deposit to its originally stated total amount to be held by the Landlord as security for the faithful performance by such residents of all of the terms of said renewal lease and the Policies and Procedures Handbook.

  • If the Equipment is lost, stolen, damaged, destroyed, or if I fail to return the Equipment to you at the end of the Lease, you have the right to apply the Refundable Security Deposit to reduce the amount I owe, in addition to whatever other rights you may have at law or equity.

  • As security for payment of this Lease, I give you a security interest in the Refundable Security Deposit.

  • Institution’s company name and identity must appear on any materials where the Logo is used.

  • Further, I acknowledge and understand that no interest will be paid on the Refundable Security Deposit I give to You.

  • The LESSEE has paid to the Lessor, the sum of Rs. /- (Rupees only), which is equivalent to ( ) months lease rent, as Interest Free Refundable Security Deposit (hereinafter referred to as “IFRSD”) as security for due observance and performance of the terms and conditions and obligations on the part of the LESSEE herein.

  • If I give You a security interest in a Refundable Security Deposit and the Equipment is lost, stolen, damaged, destroyed, or if I fail to return the Equipment to You at the end (termination) of the EQUIPMENT RENTAL (LEASE) AGREEMENT, You have the right to apply the Refundable Security Deposit to reduce the amount I owe.


More Definitions of Refundable Security Deposit

Refundable Security Deposit meanss an interest free, refundable security deposit amount equivalent to 9 (nine) months of Year 1 MMG Amount which will be trued up annually, prior to commencement of each License Year, during the License Period.
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Related to Refundable Security Deposit

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

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Performance Bank Guarantee/ Security Deposit means interest free amount to be deposited by the Contractor with NMRC as per terms and conditions of Contract Agreement as a security against the performance of the Contract agreement

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of this Sublease.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with NMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Rent and Charges Reserve means the aggregate of (a) all past due rent and other amounts owing by a Loan Party to any landlord, warehouseman, processor, repairman, mechanic, shipper, freight forwarder, broker or other Person who possesses any Collateral or could assert a Lien on any Collateral; and (b) a reserve equal to three months rent and other charges that could be payable to any such Person, unless it has executed a Collateral Access Agreement.

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Imposition Deposits are defined in Section 7(a).

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Rent Expense means for any fiscal period, the total amount of rents and other charges payable during such period by the Credit Parties and their respective Subsidiaries under all Real Estate Leases to which they are a lessee, all as determined on a consolidated basis in accordance with GAAP.