SECURITY AND DAMAGE DEPOSIT Sample Clauses

SECURITY AND DAMAGE DEPOSIT. Tenant, contemporaneously with the execution of this Lease Agreement, has deposited with Landlord the sum of Five Thousand Seven Hundred Seventeen and /36100 Dollars ($5,717.36), receipt of which is acknowledged hereby by Landlord, which deposit is to be held by Landlord, without liability for interest, as a security and damage deposit for the faithful performance 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 may commingle such deposit with Landlord’s own funds and use such security deposit for such purpose 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 Agreement to be kept and performed by Tenant during the Term hereof or any extension hereof, then Landlord, either with or without terminating this Lease Agreement may (but shall not be required to) apply 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 Agreement, damages or deficiencies in the reletting of 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 upon written demand by Landlord, shall remit forthwith to Landlord a sufficient amount of cash to restore said security deposit to the original sum deposited, and Tenant’s failure to do so within five (5) business days after receipt of such demand shall constitute a breach of this Lease Agreement. 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 Agreement or any renewal thereof, or upon the earlier termination of this Lease Agreement. 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 Agreement or otherwise. Tenant understands that its potential liability under this Lease Agreement is not limited to the amount of the security deposit. Use of such security deposit by Landlord shall not constitute a waiver, ...
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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. 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:
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 (for 75 persons or less) or $1000 (for more than 75 persons). 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 fees are the responsibility of the Renter if damages 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 artwork 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. The Security Deposit for said Premises is $«Required_Security_Deposits», which sum shall be deposited by Landlord in a trust account with Commerce Bank of Washington, 000 Xxxxx Xx, #0000, Xxxxxxx, XX 00000. Security Deposit may be paid in six consecutive, equal monthly installments or, if agreed by landlord and Resident, according to an installment schedule described on the Security Deposit Installment Payment Lease Addendum. 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: 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. 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. 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 written 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. Resident shall surrender to Landlord the keys to Premises. A key charge/lock change charge will be assessed for any key not returned Any refund from the deposit, and/or statement of charges that will be billed against on-hand deposits, shall be mailed to Resident within twenty-one (21) days after termination of this tenancy and vacation of the Premises to the last known address. In the case of multiple Residents, the security deposit shall not be...
SECURITY AND DAMAGE DEPOSIT. The Tenant has agreed to give the Landlord the sum pursuant to the preceding pages of this lease. Xxxxxx 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:
SECURITY AND DAMAGE DEPOSIT. The total security/damage deposit is $ , 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 or be payable on this deposit.
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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. • Price to replace mattress because of stains or damage is $500.00. Upon move-in each bed supplied will have a mattress cover. 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. 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. Payment Guidelines 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. Sales Tax 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.
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