Security Deposit NONE Sample Clauses

Security Deposit NONE. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $ 45.18 Summary of Rental Payment Calculations: TOTAL EQUIPMENT MONTHLY SALES TAX MONTHLY EQUIPMENT COST RENTAL @ 8.25% PAYMENT ----------- --------- ------ --------- Taxable $39,108.43 $957.77 $79.02 $1,036.79 Exempt $13,011.93 $318.66 n/a $318.66 ----------- --------- ------ --------- Total $52,120.365 $1,276.43 $79.02 $1,355.45 =========== ========= ====== ========= Lessee hereby irrevocably authorizes Lessor to insert in this Schedule the Commencement Date and the due date of the first rental payment. Except as expressly provided or modified hereby, all the terms and provisions of the Master Lease Agreement shall remain in full force and effect. The Purchase Date shall be July 1, 2001. The Purchase Price shall be the Fair Market Value of the Equipment. Lessee and Lessor agree that the Fair Market Value of the Equipment on the Purchase Date shall be equal to 10% of the Equipment Cost. The Stipulated Loss Value of any items of Equipment shall be an amount equal to the present value of all future Rent discounted at a rate of 6% per annum plus the Reversionary Value. The Reversionary Value of any item of Equipment shall be 10% of Equipment Cost. In witness whereof, this Schedule is hereby executed and agreed to this 31st day of July 1997. TRANSAMERICA BUSINESS CREDIT ABGENIX, INC. CORPORATION (Lessee) (Lessor) By: By: --------------------------------- ------------------------------------ Title: ------------------------------ Title: ---------------------------------
Sample 1
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Security Deposit NONE. TERM shall mean the period of time commencing August 1, 2014, hereafter the “Commencement Date” and ending July 31, 2015, unless otherwise terminated or extended pursuant to the terms of this Lease For and in consideration of the covenants contained in this Lease, and upon the terms and conditions set forth in this Lease, Landlord and Tenant, intending to be legally bound, agree as follows:
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Security Deposit NONE. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $ 379.15 Equipment Location with Tax Rates SALES MONTHLY TOTAL TAX EQUIPMENT SALES RATE MONTHLY TAX MONTHLY INTERM COST LOCATION ZIP CODE COUNTY TAX RATE FACTOR PAYMENT PAYMENT PAYMENT RENT ---- -------- -------- ------ -------- ------ ------- ------- ------- ---- TAX EXEMPT EQUIPMENT $343,959.31 10140 XXXXXX XXXXX XX., XXX XXXXX, XX 00000 SAN DIEGO N/A 3.1690% 10,900.07 10900.07 $512.10 565 XXXX XXXXXXX XXXXX, XXXXXX, XX 00000 TUOLUMNE N/A 3.1690% 16.23 16.23 $478.50 9609 XXXXX XXXXXXXXXX, XXXXXXX, XX 00000 COOK N/A 3.1690% 15.16 15.16 $363.00 8941 XXXXXXX XXXXXXX, IL 60617 COOK N/A 3.1690% 11.50 11.50 $399.98 2257 XXXXXX XXXX XXXXXXXXX, XX 00000 SAN DIEGO 3.1690% 12.68 12.68 $345,712.89 TAXABLE EQUIPMENT $4,886.91 10140 XXXXXX XXXXX XX., XXX XXXXX, XX 00000 SAN DIEGO 7.75% 3.1690% 154.87 12.00 166.87 0.40 $392.00 11800 XXXXXX XXXXXX XXXXXX CITY, MO 64131 JACKXXX 6.60% 3.1690% 12.42 0.82 13.24 0.03 $373.00 10130 XXXXXXX XXXXX XX XXXXXXXXX, XX 00000 CUYAHOGA 7.00% 3.1690% 11.82 0.83 12.65 0.03 $205.00 18 MXXX XXXX XXXXX SUFFERN, NY 10901 ROCKLAND 7.25% 3.1690% 6.50 0.47 6.97 0.02 $205.00 518 X 0XX XXXXXX XXXXXXXX, XX 00000 GRAVXX 6.00% 3.1690% 6.50 0.39 6.89 0.01 $373.00 493 XXXXXXXXX XXXXX XXXXXXX, XX 00000 BARNSTABLE 5.00% 3.1690% 11.82 0.59 12.41 0.02 $373.00 9007 XXXXXXXX XXXX XXXXX XXXXX, XX 00000 EAST BATON 8.00% 3.1690% 11.82 0.95 12.77 0.03 $373.00 125 XXXX XXXXX XXXXXXXXX, XX 00000 TARRANT 7.75% 3.1690% 11.82 0.92 12.74 0.03 $373.00 9879 XXXXXXXXXX XXXXXX XXXXXXXXXX, XX 00000 ESCAMBIA 7.50% 3.1690% 11.82 0.89 12.71 0.03 $363.00 5794 XXXXXXXX XXXXXX XXXXXXX, XX 00000 ERIE 8.00% 3.1690% 11.50 0.92 12.42 0.03 $363.00 111 XXXXXXXXX XXX XXXXXXXXXXX, XX 00000 MADISON 7.00% 3.1690% 11.50 0.81 12.31 0.03 $363.00 51010 XXXXXXX XXXXXX XXXX XXXX, XX 00000 CHISAGO 6.50% 3.1690% 11.50 0.75 12.25 0.02 $363.00 2303 XXX XXXXXX XXXXX XXX XXXXXXX, XX 00000 BEXAR 7.75% 3.1690% 11.50 0.89 12.39 0.03 $363.00 687 XXXXXXXX XXXX CLEVELAND, MS 38732 7.25% 3.1690% 11.50 0.83 12.33 0.03 $363.00 14450 X XXXXXXXXXX XXXXX XXXXXX, XX 00000 ADAMX 8.05% 3.1690% 11.50 0.93 12.43 0.03 $203.00 5503 XXXXXXXXX XXXXX XXXXXX, ...
Sample 1
Security Deposit NONE. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $ 125.07
Sample 1
Security Deposit NONE. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $593.66 Equipment Location with Tax Rates SALES TAX EQUIPMENT SALES TAX TAX RATE PAYMENT INTERIM MONTHLY COST LOCATION RATE AMOUNT FACTOR AMOUNT RENT TAX PAYMENT ---- -------- ---- ------ ------ ------ ---- ----------- $ 395.50 LANDSDALE, PA 7.00% 27.69 3.169% 12.60 .06 .89 $ 200.00 COLUMBUS, OHIO 5.75% 11.50 3.169% 6.30 .02 .37 $ 395.50 WASHINGTON, D.C. 5.75% 22.74 3.169% 12.60 .05 .72 $ 386.50 FREDXXXX, XX 5.00% 19.33 3.169% 12.30 .04 .62 $ 386.50 MARIETTA, GA 5.00% 19.33 3.169% 12.30 .04 .61 $ 386.50 PENFIELD, NY 8.00% 30.92 3.169% 12.30 .06 .98 $ 372.50 MICHIGAN CITY, IN 5.00% 18.63 3.169% 11.85 .04 .59 $ 745.00 DENVER, CO 7.30% 54.39 3.169% 23.55 .11 1.72 $ 372.50 PHOENIX, AZ 7.05% 26.26 3.169% 11.85 .06 .83 $ 413.22 VANCOUVER, WA 7.60% 31.40 3.169% 13.05 .07 .99 $ 389.98 PASSAIC, NJ 6.00% 23.40 3.169% 12.30 .00 .00 $ 360.50 NEW YORK, NY 8.25% 29.74 3.169% 11.40 .06 .94 $ 391.50 SEATTLE, WA 8.60% 33.67 3.169% 12.45 .07 1.07 $ 167.50 MAPLETON, UT 6.00% 10.05 3.169% 5.10 .02 .30 $ 255,501.45 SAN DIEGO, CA 7.75% 19,801.36 3.169% 8,096.85 41.84 627.50 $ 260,864.65 $20,136.99 8,266.80 42.54 638.13 Renewal terms: In the event the Lease does not exercise the Purchase Option described below, the Lease shall automatically renew for a term of 12 months with Monthly Rental equal to 1.5% of the original Equipment Cost payable monthly in advance. At the expiration of the renewal period, the Lessee shall have the option to purchase all (but not less than all) the Equipment for its then current Fair Market Value, plus applicable sales and other taxes. The Lessee shall have the option to purchase all (but not less than all) the Equipment at the expiration of the term of the lease for the then Fair Market Value of the Equipment, plus applicable sales and other taxes. It shall be agreed that the Fair Market Value shall not be less than 10% of the Equipment Cost nor more than 20% of the Equipment Cost plus applicable dales and other taxes. Lessee hereby irrevocably authorizes Lessor to insert in this Schedule the Commencement Date and the due date of the first rental payment. Except as expressly provided or mo...
Sample 1
Security Deposit NONE. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $ 767.57 105 Equipment Location with Tax Rates: RATE MONTHLY MONTHLY TOTAL INTERIM SALES TAX EQUIPMENT LOCATION FACTOR PAYMENT TAX RATE SALES TAX PAYMENT RENT INTERIM RENT ------------------ ------ ------- -------- --------- ------- ---- ------------ 220 N. 22nd Pl, APT 2026, Mesa, AZ 3.169 $5.74 7.200% $0.41 $6.15 $1.53 $0.11 1606 E. 550 Rd., Lawrence, KS 3.169 $5.29 6.900% $0.37 $5.66 $1.41 $0.10 204 Brenhaven Blvd, Brandon, MS 3.169 $5.55 7.000% $0.39 $5.93 $1.48 $0.10 5101 Butternut Rd., Durhan, NC 3.169 $4.94 6.000% $0.30 $5.24 $1.32 $0.08 31-24 99th St., Flushing, NY 3.169 $5.20 8.250% $0.43 $5.62 $1.39 $0.11 4421 Carrington CT, Harrisburg, PA 3.169 $5.74 6.000% $0.34 $6.08 $1.53 $0.09 3001 Blue Bird, McCallen, TX 3.169 $5.74 8.250% $0.47 $6.21 $1.53 $0.13 128 William Richmond, Williamsburg, VA 3.169 $5.74 4.500% $0.26 $5.99 $1.53 $0.07 2282 S. Highland Dr., Camino Island, WA 3.169 $5.29 8.000% $0.42 $5.71 $1.41 $0.11 Other exempt equipment 3.169 $11.47 0.000% $0.00 $11.47 $3.06 $0.00 TOTAL FOR TAXABLE CA EQUIPMENT 3.169 $1,592.60 7.750% $123.43 $1,716.02 $424.69 $32.91 TOTAL FOR EXEMPT CA EQUIPMENT 3.169 $1,091.63 0.000% $0.00 $1,091.63 $291.10 $0.00 GRAND TOTAL $2,751.31 $127.10 $2,878.41 $733.68 $33.89 106 Renewal terms: In the event the Lease does not exercise the Purchase Option described below, the Lease shall automatically renew for a term of 12 months with Monthly Rental equal to 1.5% of the original Equipment Cost payable monthly in advance. At the expiration of the renewal period, the Lessee shall have the option to purchase all (but not less than all) the Equipment for its then current Fair Market Value, plus applicable sales and other taxes. The Lessee shall have the option to purchase all (but not less than all) the Equipment at the expiration of the term of the lease for the then Fair Market Value of the Equipment, plus applicable sales and other taxes. It shall be agreed that the Fair Market Value shall not be less than 10% of the Equipment Cost nor more than 20% of the Equipment Cost plus applicable dales and other taxes. Lessee hereby irrevocably authorizes Lessor to insert...
Sample 1
Security Deposit NONE. 8. HOLDING OVER If Tenant remains in possession of all or any part of the Premises after the expiration of the Term, with or without the express or implied consent of Landlord, such tenancy shall be from month-to-month only and not a renewal hereof or any extension for any further term, and in such case, the net Monthly Rent shall be one hundred fifty percent (150%) of the net Monthly Rent payable during the last month of the Term and such month-to-month tenancy shall be subject to every other term, covenant and agreement of this Lease.
Sample 1
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Security Deposit NONE. Parking (Article 28): Tenant shall have non-exclusive use of four hundred twenty eight (428) parking spaces, as more particularly set forth in Article 28.
Sample 1
Security Deposit NONE. (Article 21):
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Related to Security Deposit NONE

  • 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)

  • 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.

  • 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.

  • 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.

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

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.” (b) The Xxxxxxx Money Deposit shall be held by Escrow Agent subject to the terms and conditions of an Escrow Agreement dated as of the date of this Contract entered into by Seller, Buyer and Escrow Agent (the “Escrow Agreement”). The Xxxxxxx Money Deposit shall be held in an interest-bearing account in a federally insured bank or savings institution reasonably acceptable to Seller and Buyer, with all interest to accrue to the benefit of the party entitled to receive it and to be reportable by such party for income tax purposes; provided, however, to the extent that Buyer instructs the Escrow Agent to apply the Xxxxxxx Money Deposit toward the Purchase Price in accordance with Section 2.4, interest shall be deemed to have accrued to the benefit of Buyer and be reportable by Buyer for income tax purposes.

  • Operating Account To the extent funds are not required to be placed in a lockbox pursuant to any Loan Documents, Property Manager shall deposit all rents and other funds collected from the operation of the Property in a reputable bank or financial institution in a special trust or depository account or accounts for the Property maintained by Property Manager for the benefit of the Company (such accounts, together with any interest earned thereon, shall collectively be referred to herein as the “Operating Account”). Property Manager shall maintain books and records of the funds deposited in and withdrawals from the Operating Account. With funds from Company, Property Manager shall maintain the Operating Account so that an amount at least as great as the budgeted expenses for such month is in the Operating Account as of the first of each month. From the Operating Account, Property Manager shall pay the operating expenses of the Property and any other payments relative to the Property as required by this Agreement. If more than one account is necessary to operate the Property, each account shall have a unique name, except to the extent any Lender requires sub-accounts within any account. Within three (3) months after receipt by Property Manager, all rents and other funds collected in the Operating Account, after payment of all operating expenses, debt service and such amounts as may be determined by the Property Manager to be retained for reserves or improvements, shall be paid to the Company.

  • Mobile Deposit Security You will complete each deposit promptly. If you are unable to complete your deposit promptly, you will ensure that your mobile device remains securely in your possession until the deposit has been completed. It is your responsibility to establish and maintain procedures to safeguard against unauthorized deposits. You will notify us immediately by telephone with written confirmation if you learn of any loss or theft of original checks. You will ensure the safety and integrity of original checks from the time of receipt until the time of destruction. If warranted in our reasonable judgment, we may audit and monitor you, and you agree to cooperate with us to permit such monitoring, to confirm that you have satisfied your obligations under this Agreement.

  • Payment of Leasehold Obligations Each Borrower shall at all times pay, when and as due, its rental obligations under all leases under which it is a tenant, and shall otherwise comply, in all material respects, with all other terms of such leases and keep them in full force and effect and, at Agent’s request will provide evidence of having done so.

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