Common use of Security/Damage Deposit Clause in Contracts

Security/Damage Deposit. (a). Xxxxxx 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 Xxxxxx’s tenancy unless each of the following conditions is satisfied:

Security/Damage Deposit. (a). Xxxxxx 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 XxxxxxTenant’s tenancy unless each of the following conditions is satisfied: