Required Deposit Sample Clauses
Required Deposit. If Airline has operated at the Airport for less than twenty-four (24) consecutive months prior to the Effective Date of this Agreement, or Airline does not meet the criteria set forth in Section 19.2 for exemption from the Security Deposit requirement, then Airline shall obtain and deliver to the Port at the address set forth in Section 1.1, a Security Deposit to secure Airline’s full performance of this Agreement, including but not limited to all rates, charges and rents now or in the future payable to the Port under this Agreement, including fees for services subject to tariffs such as utilities and parking, and damages for breach or rejection of this Agreement. The amount of the Security Deposit for Passenger Carriers shall be equivalent to: (i) three (3) months of estimated rental charges for Airline’s use of its Preferential Use Premises and Exclusive Use Premises, plus (ii) three (3) months estimated rental charges for Airline’s use of Common Use Premises and the FIS, plus (iii) three (3) months of Airline’s estimated Landing Fees. The amount of the Security Deposit for Cargo Carriers shall be equivalent to (i) three (3) months of Airline’s estimated Landing Fees, plus (ii) three (3) months of estimated charges for Airline’s use of Common Use Hardstands. The amount, form, provisions and nature of the Security Deposit, including if appropriate the identity of the surety or other obligor thereunder, shall at all times be subject to the Port’s approval. The Security Deposit shall be made in advance by cash, letter of credit, surety bond or other instrument acceptable to the Port and shall remain in place at all times throughout the Term and throughout any holdover period. The Port shall not pay interest on the Security Deposit, and the Port shall not be required to keep the Security Deposit separate from its other accounts. No trust relationship is created with respect to the Security Deposit. The Security Deposit is a part of the consideration for execution of this Agreement. If Airline shall have fully performed all terms and conditions of this Agreement, any cash deposit shall be paid to Airline within thirty (30) days following the termination or expiration of this Agreement, without interest; otherwise the Port shall, in addition to any and all other rights and remedies available under this Agreement or at law or equity, retain the Security Deposit. The Port may apply all or part of the Security Deposit to any unpaid sum due under this Agreement or...
Required Deposit. If the Lessee must submit a security deposit for the commercial space, then pick the second checkbox statement. Additionally, document the dollar amount defining the security deposit. VI. Rent
Required Deposit. Projects that contain materials and/or up-front costs shall require a deposit. This deposit will be used against the projects as it begins and progresses. In the case of this project, please refer to the Proposal and Pricing Agreement page below.
Required Deposit. Notwithstanding Section 3(b), Lender reserves the right to require at any time, upon written notice to Borrower, that Borrower make the Repair Escrow Deposit within 30 days following written notice to Borrower from Lender if Lender reasonably determines that a default by Borrower has occurred under the Note, Security Instrument, or any other document delivered in connection with the Loan, including (i) the occurrence of a Transfer which is prohibited under the terms of the Security Instrument or which requires Lender’s consent, or (ii) Borrower’s failure to maintain the Mortgaged Property in accordance with the requirements of the Security Instrument. Lender’s notice to Borrower will specify the amount of the Repair Escrow Deposit, provided that such amount will not exceed the Repair Escrow Deposit amount specified in Section 1(f).
Required Deposit. The Licensee shall deposit with the Managing Director the required deposit(s) in the amount(s) and within the timeframe(s) identified in Section 4 of the primary document to this Agreement the for the purpose of securing the performance by the Licensee of the Licensee’s obligation to make the monetary payments in a timely fashion as set forth in the Agreement and the obligation of the Licensee to leave the premises in a clean and undamaged condition in accordance with this Agreement, including but not limited to Section 613 of these Standard Terms and Conditions.
Required Deposit. Step 1 – How Much Space is Available? This means any descriptive suffix in the Lessee’s legal name should be included (i.e. Inc., Ltd., etc.). If the above content can be considered the full amount of money the Lessor expects then, select the checkbox labeled “Gross” to properly categorize this agreement. In some states, this security deposit will need to be held by the Lessor in certain types of accounts. How to Lease Commercial Property (11 steps) The process of renting commercial space depends on the type of property such as office, retail, or industrial. If the commercial space will require additional payment(s) from either the Commercial Lessee or the Lessor will be responsible for certain payments, then select the “Modified Gross” lease option. The number of times this lease may be renewed when its term completes should be recorded along with the number of years and months making up each renewable term. As a custom, the Lessor will expect to receive a certain amount based on the monthly rent to hold for the length of this agreement. Therefore, it may be a good idea for you and your agent (if any) to get creative with the tenant in making a deal that works for both parties. Whether you’re checking a business or individual the best website to use is Experian. Additionally, document the dollar amount defining the security deposit. III. This selection must be acknowledged by both the Lessee’s initials (“Tenant”) and Xxxxxx’s initials (“Landlord”). Therefore, it is useful to see what other properties have rented for in your area. The physical address where the commercial property is accessible is a necessary item for this contract’s effect. Present it where requested. Download: Adobe PDF, MS Word, OpenDocument Percentage (%) Rent Lease Agreement – The tenant pays a base rent amount and a percentage (%) of their sales. Commercial lease agreement sets forth the terms and conditions of a commercial lease so it should be drafted carefully with accurate facts and figures. Download: Adobe PDF, MS Word, OpenDocument Modified-Gross Lease Agreement – The tenant pays a base rent amount and the property expenses are shared between the landlord and tenant. The tenant will usually be given 30 or 60 days to secure financing if they choose to purchase the property. To do so, the second statement should be selected, and the penalty amount must be reported. Step 10 – Write the Commercial Lease Agreement Use an attorney or draft the lease yourself. This should be the forma...
Required Deposit. Address Of Lessee. After identifying the Lessee by name, provide his or her mailing address. The Parties
Required Deposit. Name Of Lessee.
Required Deposit. The Financing Partner, acting on behalf of the Buyer, has paid the Deposit Amount to the Escrow Account prior to the Execution Date.
Required Deposit. The Annual Percentage Rate does not take into account my required deposit. Itemization of Amount Financed