Security/Damage Deposit. Simultaneously with the execution and delivery of this Lease, Tenant shall deposit with Landlord or Agent the sum set forth in Section 1.10 above, in cash (the “Security”), representing security for the performance by Tenant of the covenants and obligations hereunder. The Security shall be held by Landlord or Agent, without interest, in favor of Tenant; provided, however, that no trust relationship shall be deemed created thereby; the Security may be commingled with other assets of Landlord; and Landlord shall not be required to pay any interest on the Security. If Tenant defaults in the performance of any of its covenants hereunder, Landlord or Agent may, without notice to Tenant, apply all or any part of the Security to the cure of such default or the payment of any sums then due from Tenant under this Lease (including, but not limited to, amounts due under Section 22.2 of this Lease as a consequence of termination of this Lease or Tenant’s right to possession), in addition to any other remedies available to Landlord. In the event the Security is so applied, Tenant shall, upon demand, immediately deposit with Landlord or Agent a sum equal to the amount so used. If Tenant fully and faithfully complies with all the covenants and obligations hereunder, the Security (or any balance thereof) shall be returned to Tenant within thirty (30) days after the later to occur of (i) the date the Term expires or terminates or (ii) delivery to Landlord of possession of the Premises. Landlord may deliver the Security to any lender with a mortgage lien encumbering the Property or to any Successor Landlord (defined below), and thereupon Landlord and Agent shall be discharged from any further liability with respect to the Security.
Security/Damage Deposit. A Security / Damage deposit is required latest at check-in, and must be either received on ANSA account at time of check in, or can be paid in cash at arrival This security deposit will be returned at check out, provided proper check-out procedures are followed, and there is no breakage or damage to the PROPERTY.
Security/Damage Deposit. The security deposit of $ shall secure the performance of the Lessee’s obligations hereunder. Lessor may apply all or portions of said deposit on account of Lessee’s obligations hereunder. Upon exercise of the option, Lessor shall credit said deposit towards the purchase price of the property. .
Security/Damage Deposit. RENTER shall pay the City a Security/Damage Deposit, in the amount of $ . when this Rental Agreement is submitted, to confirm the reservation of the rental space/s. Checks should be made payable to the City of Xxxx Valley. Make sure the name of the hosting individual/ group/organization is noted on the check. If the terms in this lease agreement are upheld, the facility has been inspected and City staff has determined that there are no damages, damage may include but is not limited to the facility and equipment, the Security/Damage Deposit shall be refunded to the person named in Section 19, Authorized Agent under “Refund Check Issued to.” The refund check and invoice will be postmarked typically no later than thirty (30) business days from the last day of the rented period.
Security/Damage Deposit. (a) Tenant agrees to pay Landlord the sum of $ deposit as security against the breach by Tenant of any Tenant’s covenants and agreements contained herein. The Deposit will be held by Landlord as security against breach by Tenant of any provision of this Lease. Tenant understands that all or a portion of the Deposit may be retained by Landlord upon termination of this Lease or Tenant’s tenancy unless each of the following conditions is satisfied:
(1) The full Term expired without default by Tenant, should Tenant sale contract a $50 fee will be incurred.
(2) Tenant gave Landlord written notice of Tenant’s intention to vacate the Apartment at least 30 days before Tenant vacated the Apartment and Tenant did not retain possession of the Apartment after the expiration of the 30 day period following delivery of such notice to Landlord.
(3) Any and all Monthly Rent, late charges, insufficient check charges, utilities charges, attorney’s fees and other charges due under this Lease are paid in full,
(4) There shall be a nor-refundable charge of $ per semester to cover the cost of preparing the Apartment for future tenants.
(5) There was no damage beyond ordinary wear and tear to the Apartment, common areas and buildings surrounding or adjacent to the Apartment, (xxxxx, spots or stains on floors, carpets, countertops, window coverings, etc shall not be considered ordinary wear and tear)
(6) The Apartment, including kitchen appliances and furniture, have been cleaned thoroughly in accordance with Landlord’s written instructions.
(7) All debris, rubbish and discards were placed into proper disposal containers.
(8) Tenant provided Landlord with s Self Addressed, Stamped Envelope.
(9) All keys were returned to Landlord. If Tenant fails to check out per written instructions by Landlord, Tenant is agreeing to forfeit Tenant’s full Deposit to Landlord.
(b) Move-Out Inspection. Tenant shall meet with Land or Landlord’s representative for a move-out inspection. Landlord’s representative has no authority to bind or limit Landlord regarding deductions for repairs, damages, or charges. Any statements or estimates by Landlord or Landlord’s representative are subject to correction, modification or disapproval before final refunding or accounting of Deposit.
(c) If all of the conditions described above are not satisfied, then any Monthly Rent or other charges due under this Lease, together with the cost of labor and material for cleaning and repairs (as well the cost of eviction if...
Security/Damage Deposit. The security deposit is to be held to reserve rental for . Upon Xxxxxx’s arrival, it becomes a damage deposit. If the Tenant changes his/her/their mind, the security deposit is non- refundable and will be forfeited. The damage deposit will be returned within 20 days of the expiration of the Lease pursuant to Rhode Island General Laws, turning in the keys ($10.00 for each missing key), and providing forwarding addresses, provided there is no physical damage to the premises and its furnishings, other than ordinary wear and tear, and no outstanding bills as provided. Tenants agree to allow Lessor to deduct from the security deposit the following charges if they apply: (a) The costs of any repairs, replacements, redecorating, and or refurnishing of the premises, or any fixtures, systems or appliances, caused by other than “ordinary” wear; (b) any damages caused by smoking inside the house as smoking is not permitted; (c) a reasonable cleaning expense; and (d) any outstanding bills (e.g. cable, internet, phone, electric, fuel). THE SECURITY DEPOSIT MAY NOT BE USED FOR RENTAL PAYMENTS.
Security/Damage Deposit. Renter acknowledges a security deposit of one thousand dollars ($1,000.00) can be charged to renter’s credit card. Security deposit will be waived as long as renter provides Island View with a valid credit card on file, ISLAND VIEW shall be authorized to charge RENTER’S credit card on file for the full amount of such security deposit, along with any other costs incurred by RENTER in accordance with the terms hereof. Any unused portion of the security deposit will be released after the completion of the rental period, provided no damage to the equipment is found, and no additional charges have accrued as outlined under this agreement. ISLAND VIEW reserves the right to inspect rental equipment up to thirty (30) days after the rental period if necessary to have mechanics or repairmen view and fix any damage that was incurred while RENTER had equipment in his/her possession. If damage is caused or permitted by RENTER during the rental period, RENTER authorizes Island View to charge the credit card on file for the full amount of any such damages, including repair costs and to then notify RENTER of the same. RENTER understands that all damages will be repaired by ISLAND VIEW’s authorized mechanics and/or repairmen; and no repairs will be allowed by RENTER or others. I understand that I as RENTER am responsible for all damages, even if they are above the amount of my initial security deposit authorization.
Security/Damage Deposit. Lessee shall pay to Museum a non-refundable Security/Damage Deposit ("Deposit") of $400, to be credited towards the payment of any insurance deductible, damage and/or administrative expense incurred by Museum for damages resulting from the use of the Facilities by Lessee. If the Event occurs and no damages are incurred, or a portion of the Deposit remains after payment of any damages, the remaining Deposit shall be returned to Lessee within five (5) days of the Event. If damages incurred are in excess of the Deposit paid, Lessee agrees to make payment in full of the total damage amount, less the Deposit, within five (5) days of the Event.
Security/Damage Deposit. A $250.00 security deposit is required at time reservation is made for the dates requested. This deposit will be refunded within 7 days of your departure provided no damages occurred during your visit and no violations of policies were made.
Security/Damage Deposit. Landlord acknowledges that Tenant has deposited with Landlord or Agent the sum set forth in Section 1.9 above, in cash (the “Security”), representing security for the performance by Tenant of the covenants and obligations hereunder. The Security shall be held by Landlord or Agent, without interest, in favor of Tenant; provided, however, that no trust relationship shall be deemed created thereby; the Security may be commingled with other assets of Landlord; and Landlord shall not be required to pay any interest on the Security. If Tenant defaults in the performance of any of its covenants hereunder, and such default is not cured within any applicable cure period expressly provided under this Lease, Landlord or Agent may, without any further notice to Tenant, apply all or any part of the Security to the cure of such default or the payment of any sums then due from Tenant under this Lease (including, but not limited to, amounts due under Section 22.2 of this Lease as a consequence of termination of this Lease or Tenant’s right to possession), in addition to any other remedies available to Landlord. In the event the Security is so applied, Tenant shall, upon demand, immediately deposit with Landlord or Agent a sum equal to the amount so used. If Tenant fully and faithfully complies with all the covenants and obligations hereunder, the Security (or any balance thereof) shall be returned to Tenant within 30 days after the last to occur of (i) the date the Term expires or terminates or (ii) delivery to Landlord of possession of the Premises. Landlord may deliver the Security to any lender with a mortgage lien encumbering the Property or to any Successor Landlord (defined below), provided that, unless agreed by Tenant in writing in its sole discretion, Landlord and Agent shall remain responsible with respect to the Security.
