License Fee and Security Deposit Sample Clauses

License Fee and Security Deposit. Licensee agrees to pay the Town a non-refundable License Fee of $ for use of the Facility and a refundable Security Deposit of $ .
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License Fee and Security Deposit. Except as provided in Section 45.2 above, Tenant's use of the Second Amendment Basement Space shall be without payment to Landlord of any Rent or Operating Expenses relating thereto for so long as Tenant is using said space in accordance herewith. If Tenant remains in possession of the Terminable Second Amendment Basement Space or any part thereof after the License is for any reason terminated, Tenant shall immediately pay to Landlord therefor, in addition to all other loss, cost, damage, and liability suffered by Landlord on account thereof, without deduction, setoff, prior notice, or demand, a daily hold-over rental of $100.00, which amount shall be deemed earned in full by Landlord on a daily basis. Notwithstanding anything to the contrary contained in this Lease, the Security Deposit also shall be held and used by Landlord as security for the faithful performance by Tenant of all the terms, covenants, and conditions to be kept and performed by Tenant pursuant to this Section 45 of the Lease.
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License Fee and Security Deposit. Student shall pay to EIL LLC a one- time license fee for occupancy and use of the Apartment in the amount of $ _ (the “License Fee”) for the period commencing at 3:00 p.m. on the Commencement Date and ending at 12:00 p.m. on the Termination Date. Student shall pay to EIL LLC a security deposit of $200 (the “Security Deposit”). The License Fee and Security Deposit are to be paid on or before (the “Due Date”) by check made payable to “Exceptional Intern Living LLC” or by PayPal online money transfer or electronic fund transfer/wire transfer to the account provided by EIL LLC. If payment is made by either Pay Pal or electronic fund transfer/wire transfer, Student is to provide simultaneous email notification to EIL LLC. If payment of the License Fee and Security Deposit is not received in full by the Due Date, this License Agreement is deemed null and void and cancelled, Student has no rights to the use of the Apartment and EIL LLC may offer the Apartment to another person without fear of liability or damage to Student.
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License Fee and Security Deposit. (a) Licensee shall pay Township the user fee and deposit with Township the Security Deposit required under the Hanover Township Policy Regarding Use of Township Facilities excluding the Senior Center, Amended August 9, 2005, a copy of which is attached hereto as Exhibit B, and is incorporated herein (the Township Use Policy) upon the execution of this Agreement, and prior to use and/or occupancy of the Licensed Premises. The Security Deposit shall guaranty Licensees performance of each and every covenant and agreement to be performed by Licensee under this Agreement. Township shall have the right, but not the obligation, to apply the Security Deposit in whole or in part as payment of such amounts as are reasonably necessary to remedy Licensee’s defaults in the payment of any fee or expense owed by Licensee hereunder or in the performance of the covenants or agreements contained herein. Licensee’s liability is not limited to the amount of the Security Deposit.
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License Fee and Security Deposit 
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Related to License Fee and Security Deposit

  • Security Deposit Tenant hereby deposits with Landlord the sum of $9,955.00 (hereinafter referred to as “Collateral”), as security for the prompt, full and faithful performance by Tenant of each and every provision of this Lease and of all obligations of Tenant hereunder. No interest shall be paid to Tenant on the Collateral, and Landlord shall have the right to commingle the Collateral with Landlord’s other funds. If Tenant fails to perform any of its obligations hereunder, Landlord may use, apply or retain the whole or any part of the Collateral for the payment of (a) any rent or other sums of money which Tenant may not have paid when due, (b) any sum expended by Landlord on Tenant’s behalf in accordance with the provisions of this Lease, and/or (c) any sum which Landlord may expend or be required to expend by reason of Tenant’s default, including, without limitation, any damage or deficiency in or from the reletting of the Premises as provided in Paragraph 21. The use, application or retention of the Collateral, or any portion thereof, by Landlord shall not prevent Landlord from exercising any other right or remedy provided by this Lease or by law (it being intended that Landlord shall not first be required to proceed against the Collateral) and shall not operate as a limitation on any recovery to which Landlord may otherwise be entitled. If any portion of the Collateral is used, applied or retained by Landlord for the purposes set forth above, Txxxxx agrees, within ten days after the written demand therefor is made by Landlord, to deposit cash with the Landlord in an amount sufficient to restore the Collateral to its original amount. If Tenant shall fully and faithfully comply with all of the provisions of this Lease, the Collateral, or any balance thereof, shall be returned to Tenant without interest after the expiration of the Term or upon any later date after which Txxxxx has vacated the Premises. In the absence of evidence satisfactory to Landlord of any permitted assignment of the right to receive the Collateral, or of the remaining balance thereof, Landlord may return the same to the original Tenant, regardless of one or more assignments of Tenant’s interest in this Lease or the Collateral. In such event, upon the return of the Collateral, or the remaining balance thereof to the original Tenant, Landlord shall be completely relieved of liability under this Paragraph 24 or otherwise with respect to the Collateral. Tenant acknowledges that Lxxxxxxx has the right to transfer or mortgage its interest in the Land and the Building and in this Lease and Txxxxx agrees that in the event of any such transfer or mortgage, Landlord shall have the right to transfer or assign the Collateral to the transferee or mortgagee. Upon written acknowledgement of transferee’s or mortgagee’s receipt of such Collateral, Landlord shall thereby be released by Tenant from all liability or obligation for the return of such Collateral and Tenant shall look solely to such transferee or mortgagee for the return of the Collateral. The Collateral shall not be mortgaged, assigned or encumbered in any manner whatsoever by Tenant without the prior written consent of Landlord.

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one) ☐ - Agent for returning to vacating tenants. ☐ - Owner for returning to vacating tenants.

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