The Deposit Sample Clauses
The Deposit. The Tenant shall pay to Choose an item £0.00 (zero pounds) in cleared funds not less than 72 hours prior to the commencement of this Tenancy as a Deposit*. The Deposit to be held by the Choose an item as Stakeholder. At the end of the Tenancy the Landlord’s Agent shall return the Deposit to the Tenant subject to the rules set out in this Agreement.
The Deposit. The Landlord acknowledges receipt of the Deposit from the Tenant.
7.1 At the end of the Tenancy Period, the Landlord shall be entitled to withhold from the Deposit such proportion of the Deposit as may be reasonably necessary to:
(a) make good any damage to the Room, Apartment, Common Parts, Building or the Contents (except for fair wear and tear) caused by the Tenant's failure to take reasonable care of the same;
(b) replace any of the Contents which may be missing from the Property;
(c) pay any Rent or other sums payable by the Tenant hereunder which remains unpaid;
(d) compensate the Landlord for, or for rectifying or remedying any major breach by the Tenant of the Tenant's obligations under the Tenancy Agreement, pay for the Room, Apartment and the Contents to be cleaned if the Tenant is in breach of its obligations under clause 2
(e) pay any unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the Room and Apartment for which the Tenant is liable or which are payable because the Tenant does not qualify for Council Tax exemption(g) removing and disposing of any belongings left by the Tenant at the end of the Tenancy term for the avoidance of doubt use of the Deposit is without prejudice to any other rights or remedies of the Landlord whether express or implied
8.1 The Deposit is protected by mydeposits (the trading name of Tenancy Deposit Solutions Limited) of 0xx Xxxxx, Xxxxxxxxx Xxxxx, Xxxxxxx Xxxx, Xxx Xxxxxx, Xxxxxxxxxxxxx, ENS 1NZ. The Deposit is held by the Managing Agents.
8.2 The Landlord has provided the information required under section 213(5) of the Housing Act 2004 as set out in the Housing (Tenancy Deposits) (Prescribed Information) Order 2007 (SI 2007/797).
8.3 The Landlord agrees that the Deposit shall be held in accordance with the rules of the Tenancy Deposit Scheme.
8.4 The Landlord and Tenant agree that any interest accrued from the Deposit shall be paid to the Landlord.
8.5 The Landlord shall inform the Tenant within ten working days of the Tenancy ending if the Landlord intends to withhold all or part of the Deposit as detailed in clause 7.
The Deposit. The Tenant, having entered into a No Deposit Option Agreement with the Landlord’s Agent, will additionally promptly pay to the Landlord’s Agent the Residency Membership Fee Monthly (or as otherwise be agreed) and a failure to do so shall be a breach of this Agreement entitling the Landlord to serve Notice and thereafter to seek possession of the Property.
The Deposit. The following clauses set out:
The Deposit. The amount of the deposit paid is £
The Deposit. The Deposit is £ 0.00 [
The Deposit. 1. The Accommodated Person agrees to pay a deposit of € 100 before accommodation by an electronic transfer of funds to the bank account of the Landlord and under the variable symbol, which are listed in Article I of this Contract. Within the meaning hereof, the date of payment shall mean the day on which the money is credited to the bank account of the Landlord.
2. The deposit shall serve as financial guarantee for the settlement of contractual obligations under Articles V and VI hereof, as well as compensation for damage (both intentional and negligent damage) caused to the accommodation facility during accommodation (hereinafter referred to as the “commitments”).
3. For the purposes hereof, damage shall mean any damage to property incurred by the Landlord by damage to, depreciation, misuse or theft of accommodation furnishings in the accommodation unit by the Accommodated Person.
4. In the event that the Accommodated Person fails to pay the deposit under Paragraph 1 of this Article, such a breach hereof shall be considered a substantial breach hereof with the entitlement to withdraw from the Contract by the Landlord with immediate effect. .
5. Legal effects of withdrawal from the Contract shall arise as of the moment of delivery of the written withdrawal notice to the Accommodated Person (ex nunc).
6. The Landlord is entitled to use the money from the deposit during accommodation for the settlement of outstanding commitments.
7. At the Landlord’s written request, the Accommodated Person is obliged to pay the sum of the deposit to its full amount, to the bank account and in the manner pursuant to Paragraph 1 of this Article, within 5 days from delivery of the request to the Accommodated Person.
8. On termination of accommodation, after the accommodation unit is properly handed over and all contractual commitments within the meaning of Articles V and VI hereof as well as any damage caused to the accommodation furnishing are paid, the deposit or the balance thereof shall be remitted bank transfer to the bank account from which the deposit was paid within 30 business days from the official handover of the accommodation unit at the latest. The deposit or the balance thereof shall be reduced of any fees relating to its remitting to the Accommodated Person’s bank account in terms hereof.
9. Service of documents stated in this Article shall be subject to the terms and conditions defined in Article 3 of the Accommodation Regulations, as amended.
The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of the Tenancy Deposit Scheme detailed below: This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement.
5.2 The Deposit shall be returned to the Tenant within 10 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement.
5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord or the Agent (including but not limited to the costs and fees of the Landlord's solicitors and other professional advisors) in respect of:
5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears.
5.3.2 The enforcement of any of the provisions of this Agreement.
5.3.3 The service of any notice relating to the breach by the Tenant of any of the Tenant's obligations under this Agreement whether or not the same shall result in court proceedings.
5.3.4 The cost of any Bank or other charges incurred by the Landlord or the Agent if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant's bankers.
5.3.5 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted).
5.3.6 The policy excess incurred as a result of a claim on the Landlord's insurance, attributable to the Tenant's action. (See the Landlord(s)'s insurance policy, which is available on written request).
5.3.7 Any other monies owed by the Tenant to the Landlord or the Agent.
5.3.8 Compensation for the breach of any terms of this agreement.
5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs charges expenses properly due.
The Deposit. If a Substitution of the proposed Substitute Mortgaged Property is to occur subsequent to the release of the Release Mortgaged Property pursuant to Section 3.06(c)(ii), at the Closing Date of the release of the Release Mortgaged Property, Borrower shall deposit with Lender the “Substitution Deposit” described in Section 3.07(b) in the form of cash in a non-interest bearing account held by Lender or, in lieu of depositing cash for the Substitution Deposit, Borrower may post a Letter of Credit issued by a financial institution acceptable to Lender and having terms and conditions acceptable to Lender, having a face amount equal to the Substitution Deposit.
The Deposit. The Tenant shall pay to «D0000_11280_0#Company_Name» £«D18_11_0#Deposit_Amount» [«D0000_10473_0#DEPOSIT_IN_WORDS»] in cleared funds not less than 72 hours prior to the commencement of this Tenancy as a Deposit. The Deposit to be held by the Landlord’s Agent as Stakeholder. At the end of the Tenancy the Landlord’s Agent shall return the Deposit to the Tenant subject to the terms set out in this Agreement.