Rents and Deposits Clause Samples
The 'Rents and Deposits' clause defines the tenant's obligations regarding payment of rent and the provision of security deposits under a lease agreement. It typically outlines when and how rent must be paid, the amount and conditions of any security or damage deposit, and the circumstances under which deposits may be withheld or returned. This clause ensures both parties understand the financial commitments involved, helps prevent disputes over payment timing or deposit returns, and provides a clear framework for handling money throughout the tenancy.
Rents and Deposits. If applicable, rents shall be prorated at time of Closing and all deposits, if any, shall be credited or transferred to Buyer at Closing.
Rents and Deposits. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Seller shall deliver to Buyer and Escrow Agent not later than the day immediately prior to ▇▇▇ information, certified by Seller to be true and accurate as of the date thereof and as of the date of ▇▇▇, with respect to (i) the amount of Tenant’s security deposit under the Lease, if any, and (ii) prepaid and/or abated rents, including, without limitation, the amount thereof and the date to which such rents have been paid.
Rents and Deposits. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Seller shall deposit with Buyer and Escrow Agent on the day immediately prior to ▇▇▇ Tenant's security deposit and advance rents paid/abatements, if any, and a statement as to the date to which all rents have been paid.
Rents and Deposits. The Renter must pay all rental fees and security deposits at the time of signing this Rental Agreement. The Renter’s event date will not be reserved until this Rental Agreement and all rental fees and security deposits are received. All rental fees and security deposits may be made by personal check, cash or credit/debit. Checks must be made payable to the City of Victoria. All checks for rental fees and security deposits are cashed upon receipt and will not be held.
Rents and Deposits. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Buyer shall receive a credit at Closing for security deposits and advance rents paid/abatements, if any, held by Seller and Seller shall deposit with Buyer and Escrow Agent not later than the business day immediately prior to Closing a statement as to the date to which all rents have been paid. All base rent and other charges payable by the Tenant will be prorated between Seller and Buyer as of midnight on the date of Closing as if such rent and other charges had been collected in accordance with the Leases. In no event shall Buyer be obligated to attempt to collect from any Tenant any delinquent or past due sums or amounts owed to Seller, but Buyer shall reasonably cooperate with Seller (at no expense to Buyer) with respect thereto. If following Closing, Seller shall receive a payment of rent from Tenant applicable to any period from and after Closing, Seller shall promptly remit such payment to Buyer. The provisions of this Section 30 shall survive Closing.
Rents and Deposits. The Renter must pay all rental fees and security deposits at the time of signing this Rental Agreement. The Renter’s event date will not be reserved until this Rental Agreement and all rental fees and security deposits are received. All rental fees and security deposits may be made by personal check, cash or credit/debit. Checks must be made payable to the City of Victoria. All checks for rental fees and security deposits are cashed upon receipt and will not be held. The Renter must pay a security deposit in an amount determined by the City in consideration of the nature of the Event. If no damage occurs and all other terms of this Rental Agreement are met, the City will refund the security deposit in full, only after a full inspection of the premises (inside and out) and of the equipment. If damage occurs, the amount necessary to make repairs will be withheld from the deposit. The Renter is responsible for any damage done by a contractor or caterer hired by the Renter.
Rents and Deposits. Seller and Buyer agree that, in order to prepare the closing statement, Seller shall deliver to Buyer and Escrow Agent not later than the day immediately prior to ▇▇▇ information with respect to (i) the amount of Tenant’s security deposit under the Lease, if any, and (ii) prepaid and/or abated rents, including, without limitation, the amount thereof and the date to which such rents have been paid.
Rents and Deposits. 19 11.3 Utilities...................................................... 19 11.4
Rents and Deposits. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Seller shall deliver to Buyer and Escrow Agent not later than the day immediately prior to ▇▇▇ information, certified by Seller to be true and accurate as of the date thereof and as of the date of ▇▇▇, with respect to (i) the amount of Tenant’s security deposit under the Leases, if any, and (ii) prepaid and/or abated rents, including, without limitation, the amount thereof and the date to which such rents have been paid. All pro-rations, including rent pro-rations, shall be as of the date the Transfer Documents are released from escrow and the proceeds of sale are wired to Seller, which is defined as the “▇▇▇”.
Rents and Deposits. Agent agrees to assist Owner with the ongoing rents and deposits of the Property and shall perform the following: