Rent Deposit Clause Samples

Rent Deposit. Lessee shall pay Rentals at the applicable Rental Rates and Additional Rent. “Rental” means all sums of money, other than Additional Rent, payable by Lessee pursuant to the Lease for rental of the Equipment plus taxes thereon. “Rental Rates” are rates determined by Lessor. The standard daily Rental Rate is based on up to 8 hours of usage. Double shifts (more than 8 hours but up to 16 hours of usage) are charged at 1.5 times the standard daily Rental Rate. Triple shifts (more than 16 hours but up to 24 hours of usage) are charged at 2 times the standard daily Rental Rate. Transportation charges to and from Lessor’s yard are Lessee’s responsibility and are not included in Rental Rates. Lessor reserves the right to charge and collect a monthly environmental fee as Additional Rent to be paid in the same manner and at the same time as Rental. “Additional Rent” means all sums of money, other than Rental, payable by Lessee pursuant to the Lease. “Rent” means all Rentals, Additional Rent and applicable taxes and interest due thereon pursuant to this Lease. In addition to securing payment of all Rent, Lessee agrees that any deposit or down payment (“Deposit”) is a guarantee by Lessee of the full and complete performance of all of Lessee’s obligations hereunder and in the event of any breach by Lessee thereof, the Deposit will be entirely forfeited and non-refundable without proof of damages and may be credited against Lessor’s Losses without prejudice to or waiver of any of Lessor’s other rights or remedies.

Rent Deposit. Upon execution of this Lease, Tenant will deposit with Landlord the sum of THIRTY-TWO THOUSAND SIX HUNDRED AND 00/100 DOLLARS ($32,600.00) as a deposit for the first monthly installment of Base Rent due hereunder. Landlord shall credit this deposit against the first monthly installment of Base Rent to be paid by Tenant after the expiration of the period where Landlord waives Base Rent set forth in Section 3(i) herein.

Rent Deposit. For both hangar and tie-down rentals, Tenant shall, upon execution of this Agreement, pay to ▇▇▇▇▇▇ County one month’s rent plus Washington Leasehold Excise Tax (currently 12.84%) by the first day of each month to comply with the terms of this agreement.

Rent Deposit. The Landlord will not require a last month’s rent deposit.

Rent Deposit. One Hundred and Eighty Thousand, Four Hundred and Twenty-Five Dollars and Seventy-Eight Cents ($180,425.78), to be held by Landlord as prepaid rent and as security for the performance by Tenant of the terms of this Lease, and applied in accordance with the Rent Deposit Agreement attached hereto as Schedule “D”;

Rent Deposit. The Tenant agrees to pay $ as rent for the time period specified above. Tenant shall pay the total rent upon execution of this rental agreement. In addition to the rental specified above, Tenant shall deposit the sum of Two Hundred and Fifty Dollars ($250.00) with Landlord at the time of execution of this agreement as security for the faithful execution of the above specified covenants. At the conclusion of the event, if the premises are undamaged and returned to the Landlord in a clean and orderly state, the security deposit will be refunded to Tenant.

Rent Deposit. 3.1. The deposit is paid to the Landlord’s Agent BPS and held as security against the Tenant’s liabilities. If the Tenant(s) are 3.2. The Deposit is to be held in a designated account in one of the government backed tenancy deposit protection (TDP) schemes without interest payable, and is held on account of any damage dilapidation or injury to the Property or Fixtures and Fittings caused by the Tenant(s), their family or visitors and on account of any other liability on the part of the Tenant(s) under the provisions of this Agreement. 3.3. The Tenant(s) agree that the Deposit shall be applied in the payment of any sums payable by the Tenant(s) under this Agreement, which otherwise remain unpaid at the end of this term (whether it has been determined by affliction of time or otherwise). 3.4. Deposits cannot be used to cover rental arrears/or pay rent at any time during this Tenancy. 3.5. Tenants will nominate one person to act as “Deposit Beneficiary,” to whom the Deposit will be returned in one single amount (subject to any deductions made) at the conclusion of the Tenancy. It is understood and agreed by all parties that once BPS or the Landlord has legitimately transferred the Deposit held on trust for the Tenants to the Deposit Beneficiary, thereafter it is the responsibility of the Deposit Beneficiary to equitably dispense the Deposit to the remaining Tenants. *Deposits will be returned in accordance with the relevant Tenancy Deposit Scheme

Rent Deposit. Lessee promises to pay Lessor the rental sum of Fifty Dollars ($40.00) per hour which sum is to be paid upon ▇▇▇▇▇▇’s execution of this agreement or at least ten (10) days prior to the event. Lessee shall further deposit with the Lessor the sum of One Hundred Dollars ($100.00) from which Lessor may deduct the cost of any damage, repair, or cleaning required as a result of the Lessee’s failure to return the premises in the conditions required by this Agreement. The balance of the deposit shall be returned to the Lessee.

Rent Deposit. The Landlord acknowledges receipt from the Tenant(s) of the sum of $___________ for the first month’s rent and the sum of $___________ as a deposit for the last month’s rent of the tenancy. The Landlord agrees to pay interest annually on the Tenant’s last month’s rent deposit at a rate in accordance with the provisions of the Act. The Tenant(s) shall be required, annually on demand, to increase the amount on deposit as a last month’s rent, by an amount sufficient to increase the deposit to the amount of the rent currently charged. It is agreed that the Landlord may deduct from any interest on the rent deposit payable to the Tenant(s) annually, the amount required to increase the rent deposit as set out above.