Common use of Security Deposit and Other Fees Clause in Contracts

Security Deposit and Other Fees. 5-1 Upon receipt of the security deposit, Party A shall issue to Party B a receipt thereof. Upon termination of the leasehold relationship, the remaining security deposit as collected by Party A hereunder, if any, after being used to offset related fees which shall be borne by Party B as stipulated herein, shall be refunded to Party B without interest.