Common use of Deposit and Other Expenses Clause in Contracts

Deposit and Other Expenses. 1. Party A and Party B have agreed that, Party B shall pay a deposit on the lease of the premise, the amount of which shall equal 2 months' rent, i.e., (RMB) 216,124. Party A shall issue a receipt certificate to Party B upon the receipt of such deposit. Upon the termination of the lease relationship, Party A shall return the balance of the deposit without interest to Party B after setting off the expenses that shall be born by Party B as agreed in this contract.

Deposit and Other Expenses. 1. Party A and Party B have agreed that, 5.1 Both Parties agree that Party B shall pay Party A a lease deposit on the lease of the premiseProperty, equal to 3 months’ rent and property management fee, namely RMB314,494.95 (the amount of which shall equal 2 months' rent, i.e., (RMB“Deposit”) 216,124within [7] days after concluding the Agreement. Party A shall issue a receipt certificate to Party B upon after receiving the receipt of such depositDeposit. Upon the termination expiration of the lease relationship, the Deposit received by Party A shall return the balance of the deposit be returned without interest to Party B after setting off deduction of the expenses that shall be born costs payable by Party B (if any) as agreed in this contractherein within [7] days after the termination of the Agreement.