Amount of Security Deposit. Simultaneously with the execution of this Agreement, Tenant has paid to Landlord a security deposit in the amount of (“Security Deposit”), the receipt of which is hereby acknowledged. The Security Deposit shall not constitute an advance payment of any amounts owed by Tenant under this Lease, or upon termination of this Lease. Landlord may, without prejudice to any other remedy, use the Security Deposit to the extent necessary to remedy any default in the payment of rent or to satisfy any other obligation of Tenant hereunder, and Tenant shall promptly, on demand, restore the Security Deposit to its original amount. If Landlord transfers its interest in the Premises during the Term, Landlord may assign the Security Deposit to the transferee who shall become obligated to Tenant for its return pursuant to the terms of this Lease, and thereafter Landlord shall have no further liability for its return. There will be an additional one time non refundable admin fee of $175.
Amount of Security Deposit. Immediately upon execution of the Lease Agreement, Tenant shall deposit with Landlord one month’s Basic Rental obligation, as security for Tenant’s faithful performance of Tenant’s obligations hereunder. If, at any time during the term of this Lease Agreement, the Basic Rental is increased above this amount, the Security Deposit shall be increased in the same manner such that the Security Deposit always equals one month’s Basic Rental obligation.
Amount of Security Deposit. If we do use any of the security deposit, you must pay us a sum equivalent to the amount we use within seven days of being asked to do so. The terms of this section will apply to any amount paid to us under this paragraph.
Amount of Security Deposit a) If we ask you to provide a Security Deposit, the amount will be no more than:
Amount of Security Deposit. Refer to Exhibit "B" to Attachment A. A-6.
Amount of Security Deposit. Tenant has tendered a security deposit (the “Security Deposit”) to Landlord in the amount of $ . The Security Deposit must be held and preserved by Landlord (and not spent) until the Lease terminates and a proper accounting can be made.
Amount of Security Deposit. Tenant, contemporaneously with the execution of this Lease, has deposited with Landlord the Security Deposit, the receipt of which is hereby acknowledged by Landlord. The deposit shall be held by Landlord, without liability for interest, as security for the faithful performance by Tenant of all the terms, covenants and conditions of this Lease by said Tenant to be kept and performed during the Lease Term of this Lease. Tenant specifically agrees that any deposit held hereunder by Landlord may be commingled with any other funds of Landlord.
Amount of Security Deposit. The maximum amount of the security deposit that may be required in the case of a new supply is determined as: ▪ an amount equal to three times a Customer’s average bill for the premises, taken from an average of the last 12 bills, and based on average occupancy levels for the premises. The Rottnest Island Authority, upon consideration of a new Customer’s circumstances, may determine a lesser amount to be paid. Due consideration will be given to any request from the Customer for a reduction in the amount to be paid as security deposit. Following the expiry of a continuous period of supply of power to a new customer, the following maximum security deposit will apply:
a) Where the accounting period is 2 months or less, twice the average amount of the account taken over the three preceding periods
b) Where the accounting period exceeds 2 months, one and a half times the average amount of the account taken over the 3 preceding account periods.
Amount of Security Deposit. The tenant has paid the landlord $ as a Security Deposit. The Security Deposit is in addition to rental payments and should not be substituted by the tenant for unpaid rent. The landlord will hold the Security Deposit until the end of the residency. The Security Deposit remains the tenant’s money. The landlord will keep the Security Deposit separate from the landlord’s own money. The landlord will not require a Security Deposit of more than two months rent.
Amount of Security Deposit. Lessor acknowledges that it has received * from Lessee in accordance with that certain letter agreement, dated August 15, 1996, between its affiliate and Lessee. Lessee shall pay to Lessor, by wire transfer of immediately available Dollars to the account of Lessor specified in Schedule 4 to the Lease Agreement:
3.1 Within five days after the date of the execution and delivery of this Agreement by both Lessor and Lessor, the additional amount of * .
3.2 Unless Lessee shall have exercised its option to provide Lessor a Letter of Credit pursuant to Section 3.5.3 of the Lease Agreement, at least five days prior to the Scheduled Delivery Date, the additional amount of * .
3.3 Unless Lessee shall have exercised its option to provide Lessor a Letter of Credit pursuant to Section 3.5.3 of the Lease Agreement, on each of the second, third and fourth Basic Rent Payment Dates, the additional amount of * . All such amounts, as held by Lessor from time to time, are referred to in the Lease Agreement and the other Operative Documents as the "Security Deposit."
