Common use of Lease Deposit and Other Expenses Clause in Contracts

Lease Deposit and Other Expenses. 7.1 Both parties agree that, Party A will issue to Party B a receipt in the amount of 3 months rental, namely, RMB Three Hundred Forty Thousand (RMB 340,000) 10 days prior to the signature date of this Contract. During the lease term, Party B may not set off the lease deposit against the rental of the Premises. Upon termination or expiration of this Contract, within 10 working days after Party B pays off relevant expenses and finishes all handover procedures of the Premises with the Premises management department, the lease deposit paid by Party B shall be refunded by Party A interest-free; in case Party B fails to pay off relevant expenses or causes any economic losses to Party A due to any reason attributable to Party B, Party A has the right to deduct relevant amount from the deposit and return the remaining portion to Party B interest-free.

Appears in 1 contract

Samples: Housing Lease Contract (Taomee Holdings LTD)

AutoNDA by SimpleDocs

Lease Deposit and Other Expenses. 7.1 Both parties agree that, Party A will issue to Party B a receipt in the amount of 3 months rental, namely, RMB One Million Eight Hundred Four Thousand Three Hundred Forty Thousand Fifty Five Point Seven Eight (RMB 340,0001,804,355.78) 10 days prior to the signature date of this Contract. During the lease term, Party B may not set off the lease deposit against the rental of the Premises. Upon termination or expiration of this Contract, within 10 working days after Party B pays off relevant expenses and finishes all handover procedures of the Premises with the Premises management department, the lease deposit paid by Party B shall be refunded by Party A interest-free; in case Party B fails to pay off relevant expenses or causes any economic losses to Party A due to any reason attributable to Party B, Party A has the right to deduct relevant amount from the deposit and return the remaining portion to Party B interest-free.

Appears in 1 contract

Samples: Housing Lease Contract (Taomee Holdings LTD)

Lease Deposit and Other Expenses. 7.1 Both parties agree that, Party A will issue to Party B a receipt in the amount of 3 months rental, namely, RMB Three Five Hundred Forty Sixty Seven Thousand Two Hundred Sixty Seven Point Four (RMB 340,000RMB567,267.4) 10 days prior to the signature date of this Contract. During the lease term, Party B may not set off the lease deposit against the rental of the Premises. Upon termination or expiration of this Contract, within 10 working days after Party B pays off relevant expenses and finishes all handover procedures of the Premises with the Premises management department, the lease deposit paid by Party B shall be refunded by Party A interest-free; in case Party B fails to pay off relevant expenses or causes any economic losses to Party A due to any reason attributable to Party B, Party A has the right to deduct relevant amount from the deposit and return the remaining portion to Party B interest-free.

Appears in 1 contract

Samples: Housing Lease Contract (Taomee Holdings LTD)

AutoNDA by SimpleDocs

Lease Deposit and Other Expenses. 7.1 Both parties agree that, Party A will issue to Party B a receipt in the amount of approximately 3 months rental, namely, RMB Three Hundred Forty Nine Thousand Two Hundred Twenty Nine Point One Four (RMB 340,000349,229.14) 10 days prior to the signature date of this Contract. During the lease term, Party B may not set off the lease deposit against the rental of the Premises. Upon termination or expiration of this Contract, within 10 working days after Party B pays off relevant expenses and finishes all handover procedures of the Premises with the Premises management department, the lease deposit paid by Party B shall be refunded by Party A interest-free; in case Party B fails to pay off relevant expenses or causes any economic losses to Party A due to any reason attributable to Party B, Party A has the right to deduct relevant amount from the deposit and return the remaining portion to Party B interest-free.

Appears in 1 contract

Samples: Housing Lease Contract (Taomee Holdings LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.