Payment of Security Deposit. A security deposit of $ (insert amount, if applicable) shall be paid (via payment method at 1.8) prior to the User’s occupation of the hired area as security against any damage or cost incurred as a result of the User’s occupation. If there is no breach of conditions, damage or extra cleaning costs, the security bond shall be returned in full to the User as follows:
Payment of Security Deposit. If required under clause 5.1, you must pay the Security Deposit to CommsChoice within 5 Business Days of the date of the notice. In addition to any other rights available to it under this Agreement, CommsChoice may terminate or suspend a Service if you fail to pay the Security Deposit within the time required under this clause.
Payment of Security Deposit. Sublessee may fund the Security Deposit by wire transfer to Sublessor of immediately available funds or through a Letter of Credit.
Payment of Security Deposit. Lessor shall have received payment of the Security Deposit.
Payment of Security Deposit. Comms Group may by notice in writing require you to provide a Security Deposit, or adjust or increase the amount of an existing Security Deposit, on terms acceptable to Comms Group, if:
Payment of Security Deposit. Concurrently with the execution of the Lease, Tenant shall deliver to Landlord the Security Deposit. This amount shall be held by Landlord for the faithful performance of all of the provisions and conditions of this Lease to be kept and performed by Tenant hereunder. Landlord's obligation with respect to the Security Deposit is that of a debtor and not as a trustee. The Security Deposit may be commingled with rental receipts or other funds of Landlord or dissipated entirely, and no interest shall accrue thereon.
Payment of Security Deposit. A security deposit of $ ____________ (insert amount, if applicable) shall be paid (via payment method at 1.8) prior to the User’s occupation of the hired area as security against any damage or cost incurred as a result of the User’s occupation. If there is no breach of conditions, damage or extra cleaning costs, the security bond shall be returned in full to the User as follows: Bank Account OR B. Other (please advise) _____________ User’s Account Name _____________ _______________________________ BSB ___________________________ _______________________________ Account number__________________ _______________________________ Reference: ______________________ _______________________________ SIGNING PAGE SIGNED by the CHURCH by its authorised Church Council representative in the presence of: Signature Signature of witness Name and role Name SIGNED by the USER by its authorised representative in the presence of: Signature Signature of witness Name and role Name The User acknowledges that they have received, read and understood the attached Conditions of Use. For and on behalf of the User
Payment of Security Deposit. Concurrent with Customer's execution of this Agreement or a Service Change Form/Amendment and as a condition of INFLOW's obligation to perform under this Agreement or the applicable Service Change Form/Amendment, Customer shall pay to INFLOW a security deposit in the amount set forth on the Deposit Form provided to Customer as part of the credit application package and incorporated herein by reference ("Security Deposit") to secure Customer's performance of its obligations under this Agreement. If a Default by Customer occurs pursuant to the terms of this Agreement, INFLOW may, without further notice to Customer and without prejudice to INFLOW's other remedies, apply part or all of the Security Deposit toward the cure of Customer's Default. If INFLOW uses part or all of the Security Deposit against any such Default, then Customer shall, within five business days after written demand, pay INFLOW the amount used in order to restore the Security Deposit to its original amount. INFLOW may mix the Security Deposit with its own funds, and Customer shall not be entitled to interest on the Security Deposit. To the extent INFLOW reasonably determines that Customer has paid in full and on time six invoices for the Service(s) for which the Security Deposit was originally issued, then INFLOW shall apply any part of the Security Deposit not used by INFLOW as permitted by this paragraph to subsequent invoices following the sixth invoice (beginning with the seventh or eighth invoice, depending upon billing cycles). Any part of the Security Deposit not used by INFLOW as permitted by this paragraph shall be returned to Customer within sixty days after this Agreement expires or is terminated, provided however, that INFLOW may first apply the Security Deposit to any outstanding amounts due and payable to INFLOW under this Agreement. If INFLOW assigns this Agreement as provided hereunder, then INFLOW shall be relieved of any liability for the Security Deposit upon delivery or credit of the Security Deposit to any authorized assignee.
Payment of Security Deposit. Upon the Lease Commencement Date, Tenant shall deposit the Security Deposit with Landlord. The Security Deposit shall be deposited by Landlord into a nonsegregated, interest-bearing bank account (with interest accruing for the benefit of Landlord) in a federally insured bank or savings institution, and shall be held for the faithful performance of all of the provisions and conditions of this Lease to be kept and performed by Tenant hereunder. If at any time Tenant shall have reported in its periodic filings with the Securities and Exchange Commission three (3) consecutive calendar quarters of positive net income, the Security Deposit shall be reduced by fifty percent (50%).
Payment of Security Deposit. 2.1.1 On the date of execution of the Lease, Lessee agrees to pay to Lessor One Hundred Fifty Thousand Dollars ($150,000.00), which shall be held by Lessor as security for Lessee's performance of its obligations under the Lease, all other Relevant Documents and any Other Lease.
