Common use of Funds Received Clause in Contracts

Funds Received. a. All monies received by Agent, including Security Deposit, will be held in an interest bearing account with ECB, Hatteras, North Carolina, a federally insured institution, with INTEREST TO BE PAID TO AGENT. b. In accordance with NCVRA, up to fifty percent (50%) of the total rent may be disbursed prior to occupancy, and all fees, including administrative fees, owed to third parties to pay for goods, services or benefits secured for the Tenant, will be disbursed prior to occupancy.

Funds Received. a. All monies received by Agent, including Security Deposit, will be held in an interest bearing account with ECBVantageSouth, Hatteras, North Carolina, a federally insured institution, with INTEREST TO BE PAID TO AGENT. b. In accordance with NCVRA, up to fifty percent (50%) of the total rent may be disbursed prior to occupancy, and all fees, including administrative fees, owed to third parties to pay for goods, services or benefits secured for the Tenant, will be disbursed prior to occupancy.. Guest Initials:

Funds Received. a. All monies received by Agent, including Security Deposit, will be held in an interest bearing account with ECB, Hatteras, North Carolina, a federally insured institution, with INTEREST TO BE PAID TO AGENT. b. In accordance with NCVRA, up to fifty percent (50%) of the total rent may be disbursed prior to occupancy, and all fees, including administrative fees, owed to third parties to pay for goods, services or benefits secured for the Tenant, will be disbursed prior to occupancy.. Guest Initials: __ __

Funds Received. a. All monies received by Agent, including Security Deposit, will be held in an interest bearing account with ECBVantageSouth, Hatteras, North Carolina, a federally insured institution, with INTEREST TO BE PAID TO AGENT. b. In accordance with NCVRA, up to fifty percent (50%) of the total rent may be disbursed prior to occupancy, and all fees, including administrative fees, owed to third parties to pay for goods, services or benefits secured for the Tenant, will be disbursed prior to occupancy.. Guest Initials: Sample