APPLICATION DEPOSIT. All money paid upon signing of this Lease will be deemed an Application Deposit until the commencement date of the Lease. Upon the commencement date of the Lease, money paid as a Refundable Deposit will be held and credited as Resident’s security deposit. Failure to take possession of the apartment unit will result in Landlord exercising all rights and remedies available to Landlord under Virginia law, including the disposition of said Application/Security Deposit in accordance with Virginia Code § 55.1-1203 & 55.1-1226, as amended.
APPLICATION DEPOSIT. At the signing of this agreement, Applicant agrees to make a deposit payable to the Regional Development Company. Underwriting of the loan application cannot begin until this deposit is received. Application deposit amount is $1,000. If the Regional Development Company and SBA approve the loan, the fee will be used for any third party, out-of-pocket expenses incurred by the Regional Development Company, including, but not limited to, overnight delivery, postage, filing fees, environmental reports and certification fees. Once the loan closes and funds, the unused balance of the Application Deposit will be refunded to the Applicant.
APPLICATION DEPOSIT. All money paid upon signing of this Lease will be deemed an Application Deposit until the commencement date of the Lease. Upon the commencement date of the Lease, money paid as a Refundable Deposit will be held and credited as Resident’s security deposit. Failure to take possession of the apartment unit will result in Landlord exercising all rights and remedies available to Landlord under Virginia law, including the disposition of said Application/Security Deposit in accordance with Virginia Code § 55.1-1203 & 55.1-1226, as amended. SECURITY DEPOSIT: Upon commencement of the Lease, Resident acknowledges receipt, in good condition, of the Premises and all its equipment, excepting the list of defects that Landlord shall deliver to Resident within five (5) days of the Lease commencement date. Resident shall deliver in writing and within (5) days thereafter any additional preexisting damages which Resident may discover or Landlord's list shall be accepted as a true and accurate description of the condition of the Premises at the time of occupancy. Failure to return said list within 5 days from the Lease commencement date will indicate Resident’s acceptance of responsibility for any and all damages, whether preexisting or not. The Security Deposit is to be held by Landlord as security for faithful performance by Resident of all the terms of this Lease and the Policies and Procedures Handbook. If Resident has fully complied with all the provisions of this Lease, including the Policies and Procedures Handbook, and has thoroughly cleaned and has completely vacated the Premises in good condition (reasonable wear and tear excepted), Landlord will dispose of said deposit within the time period specified in the applicable provisions of the Code of Virginia, in effect at the time of termination of tenancy and delivery of possession, less any charges that Landlord may deduct from said deposit in accordance with Virginia Code § 55.1-1226, as amended. Resident may request in writing, at least five days prior to the final move-out inspection of the Premises, to be present at said inspection. If any portion of the deposit is retained by Landlord, Landlord shall forward to Resident, within the time period specified in the aforementioned Code section, an itemized accounting of the proceeds that are being retained and the reasons therefore. Resident agrees to notify Landlord, in writing, of his or her new address as soon as the Premises are vacated. In the event Resident defau...
APPLICATION DEPOSIT. A deposit of $100 is due at the time an application for residence is submitted to Graduate House. This deposit is refundable to the applicant up until the point that an Offer of Residence is made. If the applicant does not accept this offer or does not respond, the Application Deposit is forfeited and the application is cancelled. If the applicant accepts the Offer of Residence, this amount will be put towards their last month’s Occupancy Fee;
APPLICATION DEPOSIT. A holding deposit is generally taken from a tenant applying to rent a property. The purpose of this payment is to verify the Tenant's serious intent to proceed, and to protect the Agent against any administrative expenses (taking out references, conducting viewings, re-advertising) that may be incurred should the Tenant decide to withdraw the application. The application deposit does not protect the Landlord against loss of rent due to the Tenant deciding to withdraw, or references proving unsuitable although early acceptance of rent from the applicant would not be advisable until satisfactory references have been received.
APPLICATION DEPOSIT. All money paid upon signing of this Lease will be deemed an Application Deposit until the commencement date of the Lease. Upon the commencement date of the Lease, money paid as a Refundable Deposit will be held and credited as Resident’s security deposit. Failure to take possession of the apartment unit will result in Landlord exercising all rights and remedies available to Landlord under North Carolina law. SECURITY DEPOSIT: Upon commencement of the Lease, Resident acknowledges receipt, in good condition, of the Premises and all its equipment, excepting the list of defects that Landlord shall deliver to Resident within five (5) days of the Lease commencement date. Resident shall deliver in writing and within (5) days thereafter any additional preexisting damages which Resident may discover or Landlord's list shall be accepted as a true and accurate description of the condition of the Premises at the time of occupancy. Failure to return said list within 5 days from the Lease commencement date will indicate Resident’s acceptance of responsibility for any and all damages, whether preexisting or not. The Security Deposit is to be held by Landlord as security for faithful performance by Resident of all the terms of this Lease and the Policies and Procedures Handbook. If Resident has fully complied with all the provisions of this Lease, including the Policies and Procedures Handbook, and has thoroughly cleaned and has completely vacated the Premises in good condition (reasonable wear and tear excepted), the Security Deposit will be administered by Landlord and/or Agent in accordance with the North Carolina Tenant Security Deposit Act. IF LANDLORD OR AGENT PLACES THE SECURITY DEPOSIT IN AN INTEREST-BEARING TRUST ACCOUNT, RESIDENT AGREES THAT ANY INTEREST THAT ACCRUES SHALL BE FOR THE SOLE AND EXCLUSIVE BENEFIT OF LANDLORD AND LANDLORD MAY WITHDRAW SUCH INTEREST AT ANY TIME. The Security Deposit will be maintained in a bank account with the following bank: Branch Banking and Trust located at the following address: 000 X. Xxxxx St. Greenville, NC 27858. Following the termination of the lease and/or tenancy, Landlord may deduct from the Security Deposit for those items permitted under the North Carolina Tenant Security Deposit Act. In the event there is more than one Resident on the Lease, Landlord or Agent will pay any balance remaining from the Security Deposit to both Residents in the form on one check, and the other Residents agree to hold Landlord and/or Agent...
APPLICATION DEPOSIT. In consideration of BSF’s providing the above-described financing services, the Applicant agrees to make a deposit in the amount of $500.00 at the time SBA issues the Authorization (loan approval). This deposit shall be deemed earned and will be collected by BSF when SBA issues the Authorization. At SBA 504 loan funding, this deposit will be credited against the borrower’s out of pocket closing costs (see Part III below). If the loan is cancelled for any reason after the Authorization is issued, this deposit shall be retained by BSF. This fee is not part of applicant’s equity contribution.
APPLICATION DEPOSIT. 2.1.1 The Applicant shall pay to the Event Organiser an initial non-refundable deposit per person participating when applying to join an Ultimate Challenge Event. Alternatively, they may pay the balance in full at the time of booking.
2.1.2 The deposit will be deducted from the final balance to be paid.
2.1.3 The deposit is entirely non-refundable.
APPLICATION DEPOSIT. <Transmission Customer> has provided to Avista Corp. an Application deposit in accordance with the provisions of Section 17.3 of the Tariff.
APPLICATION DEPOSIT. Applicant/Borrower shall deposit with Nationwide the sum of $84,000 as an application deposit (hereinafter "Application Deposit") in connection with this Application/Contract. Nationwide may deposit this Application Deposit into its bank account. The deposit by Nationwide of such Application Deposit shall not constitute acceptance or approval of the Application/Contract. In the event Nationwide denies the Application/Contract, the Application Deposit shall be refunded to the Applicant without interest. Conversely, if the Application/Contract is approved by Nationwide, the Application Deposit shall be credited to the Commitment Fee required under the COMMITMENT FEE section herein and shall be retained by Nationwide or resumed to Applicant in accordance with this COMMITMENT FEE section.
