Common use of Security Deposit 1 Clause in Contracts

Security Deposit 1. 3.1. You agree to pay the Security Deposit referred to in the Offer on or before the commencement of the Period of Residence. 1.3.2. The Security Deposit will be returned to you 28 days from the end of the contract once you give up occupation and vacate the Accommodation after the end of the Period of Residence (or earlier where this Agreement has been terminated early in accordance with clause 6) less any deductions reasonably required by us for: (a) any damage or lack of cleanliness to the Accommodation, the Contents and/or Communal Areas; (b) any Licence Fee or other payments (including outstanding Council Tax payments due further to clause 7.7) which are due but unpaid; and (c) the actual or anticipated cost of remedying any breaches of this Agreement. The return of the Security Deposit is dependent on us having up-to-date bank account details for you. 2.

Security Deposit 1. 3.1. You agree to pay the Security Deposit referred to in the Offer on or before the commencement of the Period of Residence. 1.3.2. The Security Deposit will be returned to you 28 days from the end of the contract once you give up occupation and vacate the Accommodation after the end of the Period of Residence (or earlier where this Agreement has been terminated early in accordance with clause 6) less any deductions reasonably required by us for: (a) any damage or lack of cleanliness to the Accommodation, the Contents and/or Communal Areas; (b) any Licence Fee or other payments (including outstanding Council Tax payments due further to clause 7.7) which are due but unpaid; and (c) the actual or anticipated cost of remedying any breaches of this Agreement. The return of the Security Deposit is dependent on us having up-to-date bank account details for you. 2.