Refund of Security Deposits. The Security Deposits, shall be the amounts kept with THE LESSOR against due performance of obligations and payments of all dues by THE LESSEE under the Lease Deed. THE LESSOR shall be entitled, at any time with intimation to THE LESSEE, to utilize and make deduction(s) from the Security Deposits, of an amount, which in the opinion of THE LESSOR, is/ are equivalent to the outstanding dues of THE LESSEE, or for making good any loss or damage caused or permitted to be caused to THE LESSOR or Demised Premises by THE LESSEE. THE LESSEE shall be required to forthwith replenish the Security Deposits to the full amount upon any deduction(s) made by THE LESSOR under any provision of this Lease Deed. THE LESSOR shall provide to THE LESSEE the statement of the outstanding dues payable by THE LESSEE, if any, and other estimated charges payable under the Lease Deed, supported with relevant documents, Fifteen (15) days prior to the expiry of the Lease Term/ Lease Renewal Term (if any) and THE LESSEE undertakes to clear the aforesaid amounts and provide the TDS certificates regarding the payments made to THE LESSOR within the permissible time frame as per the income tax regulations. Simultaneous to the expiry/ earlier termination of this Lease Deed and upon THE LESSEE surrendering peaceful, vacant and physical possession of the Demised Premises in as good condition as it was in at the time when THE LESSEE was handed over the Demised Premises for fit outs, reasonable wear and tear excepted, subject to THE LESSEE making payment of any and all outstanding dues/ claims for damages (if any) under this Lease Deed or Lease Renewal Term (if any) separately to THE LESSOR, THE LESSOR shall refund all Security Deposits as mentioned above to THE LESSEE, without any interest. However, such refund is subject to adjustment or deduction of dues with respect to the TDS (if any) and outstanding dues under this Lease Deed including Warm shell Rent, Maintenance Charges, Power Charges/ claims for damages (if any) under this Lease Deed or renewal thereof, if the above are not paid by THE LESSEE. In case of any delay by THE LESSOR in refunding the Security Deposits to THE LESSEE as aforesaid, provided such delay is not attributable to THE LESSEE, THE LESSOR shall pay an interest of 15% per annum for the period of such delay.
Refund of Security Deposits. The Coordinator or his designee will inspect the Clubhouse after the rental period. Renter(s) shall be refunded the Security Deposit subject to costs incurred by the Town for damages or breach of the rules and conditions or cancellation. Any money due the Town will be taken out of the renter(s).
Refund of Security Deposits. One-third of the security deposit is refundable only after the premises have been vacated, inspected, charges for any damage have been assessed, and all accounts have been cleared, and a formal written refund request has been made. The remaining balance of the security deposit is used for maintenance of the facility in preparation for new residents. Requests for Residence Hall Security Deposits and Family Housing Deposits must be made in writing to the Office of Student Affairs. If a written request is not made within 6 months of vacating, it will be assumed the refundable deposit amount is being donated to Xxxxxxxx Baptist University. The refundable deposit will be placed in the Scholarship Fund.
Refund of Security Deposits. One-third of the security deposit is refundable only after the premises have been vacated, inspected, charges for any damage have been assessed, and all accounts have been cleared, and a formal written refund request has been made. The remaining balance of the security deposit is used for maintenance of the facility in preparation for new residents. Requests for Residence Hall Security Deposits and Family Housing Deposits must be made in writing to the Office of Student Affairs. If a written request is not made within 6 months of vacating, it will be assumed the refundable deposit amount is being donated to Xxxxxxxx Baptist University. The refundable deposit will be placed in the Scholarship Fund. ROOM ASSIGNMENTS Room assignments are made by the Residence Hall Directors once the application for housing and the $75 security deposit have been received. Every effort is made to honor requests for rooms and roommates. However, the University reserves the right to make changes deemed necessary. Every student will be assigned a roommate unless a private room is requested and available (for an additional fee). Private rooms are assigned based on seniority and availability. PRIVATE ROOMS A student living alone in the residence hall will be charged for a private room except for the following situations: When a roommate moves out, the room rate will not change as long as the student is willing to take a roommate or is willing to move in with another roommate. Any student who is willing to move in with another roommate but one is not available. Ordinarily, the student with less tenure as a student will be asked to move to the other student's room. This will prevail unless by mutual consent the other student prefers to move. The University reserves all rights in connection with room assignments to residence halls or the termination of occupancy. ROOM CHANGES Students will be expected to live in the room assigned to them. Students are not permitted to move from their assigned room without specific authorization from the Residence Hall Director. If a move should become necessary, the Residence Hall Director will have to authorize the move. Room changes must be made within the first three weeks of the semester. After that date, a $50 room change fee will apply. Unauthorized moves may result in disciplinary action.
