Common use of Return of Security Clause in Contracts

Return of Security. The Security is a part of the consideration for execution of this Agreement. If Concessionaire shall have fully performed all terms and conditions of this Agreement, any cash deposit security shall be paid to Concessionaire within sixty (60) days following the termination (or expiration) date 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 title thereto.

Appears in 3 contracts

Samples: Temporary Food Cart Lease and Concession Agreement, Temporary Food Cart Lease and Concession Agreement, Lease and Concession Agreement

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Return of Security. The Security is a part of the consideration for execution of this Agreement. If Concessionaire Tenant shall have fully performed all terms and conditions of this Agreement, any cash deposit security shall be paid to Concessionaire Tenant within sixty ninety (6090) days following the termination (or expiration) date 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 title thereto.

Appears in 2 contracts

Samples: Ground Lease Agreement, Ground Lease Agreement

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Return of Security. The Security is a part of the consideration for execution of this Amended and Restated Agreement. If Concessionaire Tenant shall have fully performed all terms and conditions of this Amended and Restated Agreement, any cash deposit security shall be paid to Concessionaire Tenant within sixty thirty (6030) days following the termination (or expiration) date without interest; otherwise the Port shall, in addition to any and all other rights and remedies available under this Amended and Restated Agreement or at law or equity, retain title thereto.

Appears in 1 contract

Samples: Cruise Facility Lease Agreement

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