Common use of Deposit of Security Deposit Clause in Contracts

Deposit of Security Deposit. The Security Deposit shall be deposited within five banking days of the Effective Date by the holder thereof E & E Capital Management, LLC (“Holder”) into the type of account listed below or in such other escrow/trust account of which Holder has given written notice of the bank and account number to all parties and interest earned on such account shall belong to Holder. Security Deposit to be held in Landlord’s General Account.

Appears in 7 contracts

Samples: Lease Agreement (Landa App LLC), Lease Agreement (Landa App LLC), Lease Agreement (Landa App LLC)

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Deposit of Security Deposit. The Security Deposit shall be deposited within five banking days of the Effective Date by the holder thereof E & E Capital Management, LLC ("Holder") into the type of account listed below or in such other escrow/trust account of which Holder has given written notice of the bank and account number to all parties and interest earned on such account shall belong to Holder. Security Deposit to be held in Landlord’s 's General Account.

Appears in 3 contracts

Samples: Lease Agreement (Landa App LLC), Lease Agreement (Landa App LLC), Lease Agreement (Landa App LLC)

Deposit of Security Deposit. The Security Deposit shall be deposited within five banking days of the Effective Date by the holder thereof E & E Capital Management, LLC (“Holder”) into the type of account listed below or in such other escrow/trust account of which Holder Xxxxxx has given written notice of the bank and account number to all parties and interest earned on such account shall belong to Holder. Security Deposit to be held in Landlord’s General Account. Tenant’s Security Deposit will not be kept in a segregated or escrow/trust account but shall be co- mingled with other funds of Landlord.

Appears in 1 contract

Samples: Lease Agreement

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Deposit of Security Deposit. The Security Deposit shall be deposited within five banking business days of the Effective Binding Agreement Date by the holder thereof E & E Capital Management, LLC (“Holder”) into the type of account listed below or in such other escrow/trust account of which Holder has given written notice of the bank and account number to all parties and interest earned on such account shall belong to Holder. Security Deposit to be held in Landlord’s General Account.

Appears in 1 contract

Samples: Lease Agreement

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