SECURITY DEPOSIT ADDENDUM Sample Clauses

SECURITY DEPOSIT ADDENDUM. In consideration for the making of an agreement for rental and lease of premises at Xxxxxx House in Berkeley, California, the terms of which are incorporated by reference herein, the resident hereby agrees to furnish a security deposit in the below amount and that a security deposit will be accepted as stated in the Rental Criteria.
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SECURITY DEPOSIT ADDENDUM. In consideration for making of an agreement for rental and lease of premises at The Suites at Xxxxxxx Park at Lubbock, Lubbock, TX, and for other good and valuable consideration, the receipt and sufficiency of which is acknowledged, the resident hereby agrees that a security deposit will be accepted as stated in the Rental Criteria.
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SECURITY DEPOSIT ADDENDUM. The Resident hereby deposits the sum of ($), which Resident agrees shall be applied to damages for any breach of any of the conditions or covenants of the Lease Agreement entered into between Landlord and Resident dated. RESIDENT FURTHER AGREES THAT NO PORTION OF THE SUM DEPOSITED SHALL BE USED AS
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SECURITY DEPOSIT ADDENDUM. At the time of this Lease, Resident shall deposit with Lessor the equivalent of one and one half months (1.5) of rent, in the amount of $ as security (and not as a payment of rental, final or otherwise) for the full and faithful performance by Resident of all duties under this Lease (“Security Deposit”). Lessor shall apply the Security Deposit only to reimburse Lessor for actual damages to the Apartment which are the direct result of conduct not reasonably expected in the normal course of habitation of a dwelling (other than ordinary wear and tear) and/or actual damage to the apartment community caused by Resident, or to pay Lessor for all rent in arrearage under this Lease, rent owed on or as a result of a premature termination of the Lease, and for utility bills not paid by Resident. Lessor’s right to the possession of the Apartment for nonpayment of rent or for any other reason shall not in any event be affected by reason of the fact that Lessor holds this Security Deposit.
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SECURITY DEPOSIT ADDENDUM. Turnover Fee: At the end of this lease, $300 per person from the security deposit will be kept as a non-refundable Turnover Fee. This Turnover Fee covers professional cleaning and painting of the unit. This is the minimum amount of work that will be completed to ensure the unit is in good condition for the succeeding occupants. Any further costs associated with the turnover of the unit (for example, holes in walls, broken doors, broken appliances, etc.) will be deducted from the remainder of the security deposit.
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SECURITY DEPOSIT ADDENDUM. This Security Deposit Addendum is incorporated by reference into the Apartment Lease Agreement dated as of for the University Village Apartments on Xxxxxx, located at 000 Xxxxx Xxxx, Xxxxxxxx, XX 00000 (the "Apartment Lease Agreement"), and is between you, as Resident (referred to herein as "you" or "Resident") and EDR Syracuse, LLC, as Owner (referred to herein as he "Owner" or "us", "we" or "our").
Sample 1
SECURITY DEPOSIT ADDENDUM. In consideration for the making of and agreement for rental and lease of premises at Lokal at Larimer, Fort Xxxxxxx, CO, and for other good and valuable consideration, the receipt and sufficiency of which is acknowledged, the resident hereby agrees that a security deposit will be accepted as stated in the Rental Criteria.
Sample 1
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SECURITY DEPOSIT ADDENDUM. As a term/condition of this Lease Agreement, Resident shall deposit with Landlord/Owner the equivalent of one month's rent in the amount of X as security (and not as a payment of rental, final or otherwise) for the full and faithful performance by Resident of all terms, conditions, duties and obligations required of him/her under this Lease Agreement (“Security Deposit”). Landlord/Owner shall apply the Security Deposit only to reimburse Landlord/Owner for actual damages to the Leased Premises or Common Areas caused by Resident, other than ordinary wear and tear, to pay Landlord/Owner for all rent in arrearage under this Lease Agreement, to pay Landlord/Owner rent owed on or as a result of a premature termination of this Lease Agreement, to pay for utility bills not paid by Resident and/or any other damages caused by Resident due to a breach of any term/condition of this Lease Agreement. Landlord/Owner's right to the possession of the Leased Premises for nonpayment for rent or for any other reason shall not in any event be affected by reason of the fact that Landlord/Owner holds this Security Deposit.
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Related to SECURITY DEPOSIT ADDENDUM

  • Security Deposit Tenant has deposited or concurrently herewith is depositing with Landlord the sum set forth in Article 1.F. of the Basic Lease Provisions as security for the full and faithful performance of every provision of this Lease to be performed by Tenant. If Tenant breaches any provision of this Lease, including but not limited to the payment of rent, Landlord may use all or any part of this security deposit for the payment of any rent or any other sums in default, or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's default. If any portion of said deposit is so used or applied, Tenant shall, within five (5) days after written demand therefor, deposit funds with Landlord in a form acceptable under Section 3(b) above and in an amount sufficient to restore the security deposit to its full amount. Tenant agrees that Landlord shall not be required to keep the security deposit in trust, segregate it or keep it separate from Landlord's general funds, but Landlord may commingle the security deposit with its general funds and Tenant shall not be entitled to interest on such deposit. At the expiration of the Term, and provided there exists no default by Tenant hereunder, the security deposit or any balance thereof shall be returned to Tenant (or, at Landlord's option, to Tenant's "Transferee", as such term is defined in Article 15 below), provided that subsequent to the expiration of this Lease, Landlord may retain from said security deposit (i) an amount reasonably estimated by Landlord to cover potential Direct Cost reconciliation payments due with respect to the calendar year in which this Lease terminates or expires (such amount so retained shall not, in any event, exceed ten percent (10%) of estimated Direct Cost payments due from Tenant for such calendar year through the date of expiration or earlier termination of this Lease and any amounts so retained and not applied to such reconciliation shall be returned to Tenant within thirty (30) days after Landlord's delivery of the Statement for such calendar year), (ii) any and all amounts reasonably estimated by Landlord to cover the anticipated costs to be incurred by Landlord to remove any signage provided to Tenant under this Lease, to remove cabling and other items required to be removed by Tenant under Section 29(b) below and to repair any damage caused by such removal (in which case any excess amount so retained by Landlord shall be returned to Tenant within thirty (30) days after such removal and repair), and (iii) any and all amounts permitted by law or this Article 4. Tenant hereby waives the provisions of Section 1950.7 of the California Civil Code and all other provisions of law, now or hereafter in effect, which provide that Landlord may claim from a security deposit only those sums reasonably necessary to remedy defaults in the payment of rent, to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums specified in this Article 4 above, and all of Landlord's damages under this Lease and California law including, but not limited to, any damages accruing upon termination of this Lease under Section 1951.2 of the California Civil Code and/or those sums reasonably necessary to compensate Landlord for any other loss or damage, foreseeable or unforeseeable, caused by the acts or omissions of Tenant or any officer, employee, agent, contractor or invitee of Tenant.

  • Security Deposit Account If applicable law or a Lender requires a segregated account of Tenant security deposits, Property Manager will open a separate account at a reputable bank or other financial institution. Property Manager may return such deposits to any Tenant in the ordinary course of business in accordance with the terms of the applicable Lease.

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one)

  • Additional Security Deposit No additional security deposit shall be required in connection with this Amendment.

  • Rent and Security Deposit i. Tenant agrees to pay to Landlord for the Leased Premises in lawful money of the United States rent for the first twelve (12) months of the term hereof at the rate of Fifteen Dollars ($15.00) per square foot of occupied space, in advance, except that the monthly installment which otherwise shall be due on the commencement date recited above, shall be due and payable on the date hereof. Thereafter one such monthly installment shall be due and payable without demand on or before the first day of each calendar month succeeding the commencement date; further provided, that the rental payment for any fractional calendar month at the commencement or end of the Lease term shall be prorated. The rate charged for rent shall increase by $0.50 (Fifty Cents) per year for each such succeeding twelve (12) month period. ii. In addition, Tenant agrees to deposit with Landlord on the date hereof the sum of One Thousand Dollars ($1,000.00), which sum shall be held by Landlord, without obligation for interest, as security for the full, timely and faithful performance of Tenant's covenants and obligations under this Lease, it being expressly understood and agreed that such deposit is not an advance rental deposit or a measure of Landlord's damages in case of Tenant's default. Upon the occurrence of any event of default by Tenant, Landlord may, from time to time, without prejudice to any other remedy provided herein or provided by law, use such funds to the extent necessary to make good any arrears of rent or other payments due to Landlord hereunder, and any other damage, injury, expense or liability caused by any event of Tenant's default; and Tenant shall pay to Landlord on demand the amount so applied in order to restore the security deposit to its original amount. Although the security deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord to Tenant at such time after termination of this Lease when Landlord shall have determined that all Tenant's obligations under this Lease have been fulfilled. Subject to the other terms and conditions contained in this Lease, if the Building is conveyed by Landlord, said deposit may be turned over to Landlord's grantee, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.

  • Acceptance of Leased Premises On or before the Possession Date, Tenant and Landlord shall each execute the letter agreement in the form attached hereto as Exhibit E (the “Letter Agreement”). By its execution of the Letter Agreement or occupancy of the Leased Premises, Tenant shall be deemed to represent and certify that it has examined the Leased Premises and that it thereby accepts the Leased Premises in its condition at the time, except for the list of defects and/or omissions identified in writing prior to the Possession Date (the “Punch-List”) and latent defects, but subject, in all cases, to Landlord’s repair, maintenance and replacement obligations set forth in this Lease and to the warranty related to the Tenant Improvements, as provided in the Work Letter Agreement. After the notice provided in Section 3.03 and prior to the Possession Date, the parties shall meet in the Leased Premises to establish the Punch-List. Landlord shall review the Punch-List items with Tenant and correct all undisputed Punch- List items within a reasonable time, not to exceed thirty (30) days after receipt of the Punch- List; provided that, if any Punch-List items cannot be corrected within such thirty (30) day period despite reasonable diligence by Landlord, then, so long as Landlord commences correction of such Punch-List items within such thirty (30) day period and diligently pursues such correction to completion, no default by Landlord shall be deemed to have occurred. Punch-List items for completion taking longer than six (6) months to complete (and not otherwise the result of Force Majeure, Tenant Delay, or the COVID-19 Condition) shall trigger a day for day prorated Minimum Monthly Rent abatement. The Tenant Improvements shall be subject to a two (2) year warranty, from the Possession Date, with regard to materials, design and workmanship, as provided in more detail in the Work Letter Agreement. Tenant shall reasonably cooperate with Landlord in providing required information as needed for Landlord to pursue vendor warranties on a timely basis, as requested in writing by Landlord. Landlord will pursue any valid warranty claims against its contractor beyond the two (2) year warranty provided that any expenses incurred and/or any recovery obtained shall be treated as either additional Operating Costs or an offset to Operating Costs under Section 5.03(a).

  • Lease Supplement The Lease Supplement No. 1 (Federal Express Corporation Trust No. N676FE) to be dated the Delivery Date, substantially in the form of Exhibit A to the Lease. Lease Term. The period commencing on the Delivery Date and ending at the end of the Basic Term. Lessee. Federal Express Corporation, a Delaware corporation.

  • Assignment of Work (a) The parties agree that it is essential to ensure that all employees be advised of their job expectations, duties and responsibilities. (b) Where an employee is concerned that they cannot complete assignments and/or their work obligations, it is their responsibility to seek advice and direction from their local supervisor. The local supervisor will then provide direction to the employee, as necessary, on how to complete the assigned duties. This may include instructions on the priorities of the assigned duties.

  • Extension of Lease Term The Original Lease Term is hereby extended for a period of eighteen (18) months continuing through and including November 30, 2022 (the “Extension Term” and the Original Lease Term as so extended by the Extension Term, the “Lease Term”).

  • Utility Deposits Seller shall receive a credit for the amount of deposits, if any, with utility companies that are transferable and that are assigned to Purchaser at the Closing.

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