Security/Damage Deposit. The security deposit of dollars ($ ) 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.
Appears in 2 contracts
Samples: Residential Lease Agreement With Option to Purchase, Residential Lease Agreement With Option to Purchase
Security/Damage Deposit. The security deposit of dollars ($ ) 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. .
Appears in 2 contracts
Samples: Residential Lease With Option to Purchase, Residential Lease With Option to Purchase
Security/Damage Deposit. The security deposit of dollars ($ ) $______________ shall secure the performance of the Lessee’s obligations hereunder. Lessor may apply all or portions of said deposit on account of Lessee’s obligations hereunder. Upon exercise of the option, Lessor shall credit said deposit towards the purchase price of the property. .
Appears in 1 contract
Security/Damage Deposit. The security deposit of dollars ($ ) shall secure the performance of the Lessee’s obligations hereunder. Lessor may apply all or portions of said deposit on account of LesseeXxxxxx’s obligations hereunder. Upon exercise of the option, Lessor shall credit said deposit towards the purchase price of the property. .
Appears in 1 contract
