SECURITY AND DAMAGE DEPOSIT Sample Clauses

SECURITY AND DAMAGE DEPOSIT. Tenant, on or before the date of possession of the Leased Premises, shall deposit with Landlord the sum of $7,000 to serve as a security and damage deposit. Said damage deposit is to be held by Landlord, without liability for interest, as a security and damage deposit for the faithful performance by Tenant of all the terms, covenants and conditions of this Lease to be kept and performed by Tenant during the term hereof or any extension hereof. Prior to the time when Tenant shall be entitled to the return of this security deposit, Landlord shall be entitled to intermingle such deposit with Landlord’s own funds and to use such security deposit for such purposes as Landlord may determine. In the event of the failure of Tenant to keep and perform any of the terms, covenants and conditions of this Lease to be kept and performed by Tenant during the term hereof or any extension hereof, then Landlord, either with or without terminating this Lease, may (but shall not be required to) appropriate and apply all of such portion of said deposit as may be necessary to compensate or repay Landlord for all losses or damages sustained or to be sustained by Landlord due to such breach on the part of Tenant, including, but not limited to overdue and unpaid rent, any other sum payable by Tenant to Landlord pursuant to the provisions of this Lease, damages or deficiencies in the reletting of leased premises, and reasonable attorney’s fees incurred by Landlord. Should the entire deposit, or any portion thereof, be appropriated and applied by Landlord, in accordance with the provisions of this paragraph, Tenant shall, upon written demand by Landlord, remit forthwith to Landlord a sufficient amount of cash to restore said security deposit to the original sum so deposited, and Tenant’s failure to do so within five (5) days after receipt of such demand shall constitute a breach of this Lease. Said security deposit shall be returned to Tenant, less any depletion thereof as the result of the provisions of this paragraph, at the end of the term of this Lease or any renewal thereof, or upon the earlier termination of this Lease. Tenant shall have no right to anticipate return of said deposit by withholding any amount required to be paid pursuant to the provisions of this Lease or otherwise. In the event Landlord shall sell the Leased Premises, or shall otherwise convey or dispose of its interest in this Lease, Landlord shall assign said security deposit or any balance thereof to Landlo...
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SECURITY AND DAMAGE DEPOSIT. Your credit card details will be required by way of security deposit upon your arrival in resort. Your card will not be charged unless MX suffers any loss or expense in providing the services you require and such loss or expense has not been paid for by you on departure, or unless we receive an instruction from you to charge your credit card for the payment of services requested by you.
SECURITY AND DAMAGE DEPOSIT. In addition to the rental fee, Renter is required to provide credit card information to be held on file. This information is to cover a Security and Damage Deposit in the amount of $500. The Security and Damage Deposit will be held to cover any damages, cleanup or additional fees that may result from use of the Gallery. Additional charges for damage recovery or repair, cleanup, and fees are the responsibility of the Renter if said charges are of a higher cost than the total Security Deposit. The Security Deposit will be refunded if all conditions of this Agreement are met at the end of the rental period. Any damage to art work will be the responsibility of the renter and will be charged at the cost of the piece damaged or the cost of repairs at the discretion of the artist.
SECURITY AND DAMAGE DEPOSIT. Resident has deposited the sum of $«Required_Security_Deposits», receipt of which is hereby acknowledged, which sum shall be deposited by Landlord in a trust account with US BANK, 0000 Xxxxx Xxxxxx, Xxxxxxx, XX 00000. All or a portion of such deposit may be retained by Landlord and a refund of any portion of such deposit is conditioned as follows: a. Resident shall fully perform obligations hereunder and those pursuant to applicable Law, including without limitation, Chapter 59.18 Revised Code of Washington, or as such may be subsequently amended. b. Resident shall occupy said Premises for the term agreed to in Paragraph 1 above and provide proper notice of termination at the end of a term, in accordance with this Lease Agreement. If the Resident fails to occupy the unit for the entire initial term, any and all security deposits shall be forfeited and not returned to the Resident nor applied as a credit toward any amount due to the Landlord at the end of the tenancy. c. Resident shall clean, repair and restore said apartment and return the same to Landlord in its initial condition, except for reasonable wear and tear, upon the termination of this tenancy and vacation of apartment. A specific statement describing the condition of the Premises at commencement of the tenancy is attached hereto and made a part hereof. Resident shall remove all household items including, but not limited to, furniture, clothes, and garbage. Any cleaning, repair, or trash removal that is the responsibility of Resident that is performed by Landlord will be charged to Resident at the market rate for said activity. Resident acknowledges and agrees that soilage and any cleaning, or repair or replacement due to smoke damage from any source, including but not limited to cigarette smoke, candles or incense, is not considered normal wear and tear. d. Resident shall surrender to Landlord the keys to Premises. A key charge/lock change charge will be assessed for any key not returned e. Any refund from the deposit, and/or statement of charges that will be billed against on-hand deposits, shall be mailed to Resident within fourteen (14) days after termination of this tenancy and vacation of the Premises to the last known address. f. In the case of multiple Residents, the security deposit shall not be retuned until the final Resident on the agreement has vacated, and Landlord reserves the right to issue any refund check in the name of all Residents or in the name of the final remaining Reside...
SECURITY AND DAMAGE DEPOSIT. The Lessee has deposited the sums of $ as security And damage deposit, receipt of which is hereby acknowledged, which sum shall be deposited by Landlord in a trust account with Chase Bank, at the Ellensburg branch, whose address is 000 Xxxxx Xxxxx Xxxxxx. Interest on the deposit shall belong to the Landlord. All or a portion of such deposit may be retained by Landlord and a refund of any portion of such deposit is condition as follows: (a) Lessee shall fully perform obligations hereunder and those pursuant to Chapter 59.18 Revised Code of Washington, or as such may be subsequently amended. (b) Lessee shall occupy said premises for the term agreed to above. (c) Lessee shall clean; repair and restore said residence and return the same to Landlord in its initial condition, except for reasonable wear and tear, upon termination of this tenancy and vacation of residence. A specific statement describing the condition of the premises at commencement of the tenancy is attached hereto. (d) Lessee shall surrender to Landlord the unit and keys to premises by 1:00 pm on the last day of lease date. Any refund from deposit as by itemized statement shown to be due to Lessee, shall be returned to Lessee within twenty-one days after termination of this tenancy and vacation of the premises. (e) Tenant(s) has deposited the sum of $ towards last months rent.(initial) (initial)
SECURITY AND DAMAGE DEPOSIT. The Tenant has agreed to give the Landlord the sum of $ pursuant to Addendum APayment Schedule, Tenant agrees that the security deposit may not be applied by the tenant as rent, and that the full monthly rent will be paid on or before the rent due date of every month including the last month of occupancy. At all times, landlord is entitled to have the full amount of the security deposit stated on this lease. Return of the security deposit is subject to the following provisions: • Full term of the lease has expired. • No damage to property, appliances, and furnishings beyond reasonable wear and tear. • Entire apartment/house, including range, refrigerator, bathroom, closets and cupboards are clean. All garbage, paper and debris removed. • No stickers, scratches or holes in the walls. • No delinquent rents or added rents or unpaid charges under lease agreement. • All original keys returned. • All furniture returned to the location as at the start of the lease. • Forwarding address left with landlord or his agent. • Apartments rented by room all tenants are responsible for keeping commons areas clean or landlord can have them cleaned and charge all tenants. If any of the above conditions are not complied with, the applicable fines or cost of the labor and material will be charged to the tenant(s). The security deposit is returned by check and mailed to the tenants forwarding address. This is done within thirty days after delivery of possession of the leased premises and the keys are returned to the landlord at the end of the term of the lease. Landlord agrees that, subject to conditions listed above, the security deposit will be returned in full. SURRENDER/TURNOVER COSTS & PRACTICES of this lease document for further elaboration. Tenant specifically agrees not to apply this deposit to the payment of any rent installment.
SECURITY AND DAMAGE DEPOSIT. The total security/damage deposit is _, plus $100 per pet, due on or before signing of this Housing Agreement or other date as may be mutually agreed upon, to be applied to remedy any default by Employee in performing Employee’s obligations under the Housing Agreement, including unpaid rent, and to repair damages to the Housing caused by Employee, not including ordinary wear and tear. Within 60 days after termination of the Housing Agreement, University will either refund the deposit to Employee or will give Employee a written accounting stating the basis or bases of University’s claim to the deposit. University will provide the written accounting by mailing the accounting to the last known address of the Employee. If costs of repairing damages exceed the amount of the security deposit, Employee will be responsible for all such excess costs. No interest will accrue of be payable on this deposit.
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SECURITY AND DAMAGE DEPOSIT. A minimum security and damage deposit of $200 may be required for all first time users or for any user at the discretion of the Facility. The Facility will hold deposits for the length of the agreement. The deposit will be returned in full if no damage or replacement is required. The Facility will provide receipts to the organization for proof of repairs or replacements. All first time users must submit payments in the form of credit card, cash, cashier's check, or money order two (2) days prior to the event. Organizations with long-term agreements may also pay by check which must be received by Facilitron at least fourteen (14) days prior to the event. Unless an organization provides a valid State of Florida Sales Tax Certificate of Exemption to Facilities Use, a 6.5% sales tax is charged on the following fees: rental, facility use, utilities, and equipment.
SECURITY AND DAMAGE DEPOSIT. A minimum security and damage deposit of $200 may be required for all first time users or for any user at the discretion of the school. The school will hold deposits for the length of the agreement. The deposit will be returned in full if no damage or replacement is required. The school will provide receipts to the organization for proof of repairs or replacements.
SECURITY AND DAMAGE DEPOSIT. Guest agrees to leave a credit card on file at time of booking as a security deposit for any cancellations or damages to the property or its contents during their stay. Guest agrees the credit card on file may be used to pay for any cancellation fees or damages caused by guests or visitors of guests to the rental property, its furnishings and equipment or any items missing from the rental Facility during their stay. If the card on file cannot be processed for any reason the Guest must provide payment for damages in some other suitable payment form. Guest will be responsible for all legal fees associated with any resolution of such dispute and done in accordance with Utah Law.
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