Common use of Refund of the Deposit Clause in Contracts

Refund of the Deposit. Subject to the provisions of Clause (4) above, the Deposit or the balance of it, must be returned to the Tenant after the end of the Term in accordance with the provisions of the Scheme but any interest earned on the Deposit may be retained by the Landlord. The Deposit or the balance of it, shall be returned to the registered Lead Tenant’s bank account by bank transfer or by cheque. The Deposit or the balance of it shall not be returned to individual tenants.

Appears in 2 contracts

Samples: Tenancy Agreement, Tenancy Agreement

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Refund of the Deposit. Subject to the provisions of Clause (4) aboveclause 10.4 RESTORATION OF THE DEPOSIT, the Deposit or the balance of it, it must be returned to the Tenant after the end of the Term in accordance with the provisions of the Scheme but any interest earned on the Deposit may be retained by the Landlord. The Deposit or the balance of it, shall be returned to the registered Lead Tenant’s bank account by bank transfer or by cheque. The Deposit or the balance of it shall not be returned to individual tenants.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

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Refund of the Deposit. Subject to the provisions of Clause (4) aboveclause 37.4 RESTORATION OF THE DEPOSIT, the Deposit or the balance of it, it must be returned to the Tenant after the end of the Term in accordance with the provisions of the Scheme [with interest (or as appropriate) but any interest earned on the Deposit may be retained by the Landlord. The Deposit or the balance of it, shall be returned to the registered Lead Tenant’s bank account by bank transfer or by cheque. The Deposit or the balance of it shall not be returned to individual tenants].

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

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