The Deposit Clause Samples

The Deposit. The following clauses set out:

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 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. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 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 (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 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 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. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the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). 5.3.7 Any other monies owed by the Tenant to the Landlord. 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 a...

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 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. F.1 the tenant must pay before taking up occupation the sum stated in the particulars (“Deposit”), to the Landlord’s agents to be held in a custodial deposit protection scheme administered by The My Deposits protection service. As security towards the discharge or the part discharge of any liability referred to in this clause. In the event that the Landlord and the Tenant have agreed that the Deposit is to be made up, in whole or in part, from the deposit transferred from the previous tenancy, then the Tenant agrees that if the Tenant is liable to the Landlord for any sums at the end of that Tenancy then those sums shall be lawful deductions from that deposit prior to its transfer and the tenant will immediately make up any shortfall in the Deposit prior to the commencement of the tenancy created by this Agreement. In the vent that there is any dispute as to the amount of those deductions then it is agreed that the amount claimed by the Landlord only shall be taken into account when calculating what the shortfall is. F.2 the landlord’s agent may retain from the Deposit: a. any rent or other payments due from the tenant to the landlord, including advance rent that has fallen due, interest, legal Agreement b. any sum of the Landlord expends or incurs in remedying any failure by the Tenant to comply with his obligations under this Agreement c. after the end of the Term, any sum owing to the Landlord equivalent to rent in respect of any period unauthorised occupations by the Tenant or anyone under his control d. any interest due under this Agreement on any of the above at the interest rate from the date the payment is due to the date it is deducted from the Deposit F.3 the parties agree that in the event that the Tenant wishes to enter into a further tenancy with the Landlord of alternative accommodation premises then the deposit may, if the parties so agree in writing be transferred within the deposit protection scheme for the benefit of the new tenancy. In the event that the Tenant is liable to the Landlord for any of the sums set out in F.2 a-d at the end of this agreement, then the tenant agrees that any sums that may be found to be due shall be lawful deductions from the Deposit prior to its transfer and that the tenant will make good any shortfall in the deposit required for that new tenancy before taking up occupation of that new tenancy PART G – ENDING THIS AGREEMENT IF THE PROPERTY IS NOT READY AT THE TENANCY START DATE DUE TO CIRCUMSTANCES BEYOND THE...

The Deposit. 5.1 The Deposit will be held by Intime Properties Limited (Landlord) as security towards the discharge or part discharge of any liability referred to in Clause 5.4 of this Agreement and subject to this on trust for you absolutely. 5.2 The Deposit will be protected by a government-approved tenancy deposit scheme, provided by The Depsoit Protection Scheme (DPS) We can transfer the Deposit to another government-approved tenancy deposit scheme or change the person who holds the Deposit (unless it has been paid into a government-approved custodial tenancy deposit scheme). If we do this, we will inform you in writing. 5.3 You will not receive interest on the Deposit unless it is paid into a custodial tenancy deposit scheme. If it is paid into a custodial tenancy deposit scheme, you will receive any interest that may be due under the scheme’s terms and conditions. 5.4 Monies shall be deducted from the Deposit in respect of all reasonable costs and expenses incurred by us (including but not limited to the costs and fees of our solicitors and other professional advisors) in respectof: 5.4.1 Any rent or other money due or payable by you under this Agreement of which you have been made aware and which remains unpaid after the end of the Tenancy; 5.4.2 The reasonable costs incurred in compensating us for, or for rectifying or remedying any breach by you of your obligations under this Agreement, including but not limited to, those relating to the cleaning of the Property or its Fixtures or Fittings and the removal or storage of any goods that you leave or refuse to remove at the end of the Tenancy; 5.4.3 Any unpaid accounts or charges for electricity, gas, phone, water, communication services and council-tax incurred at the property that you are responsible for paying under this Agreement where we have incurred a loss as a result of your failure to pay. 5.4.4 Any damage, or compensation for damage, to the Property and or its Fixtures and Fittings and or for missing items for which you may be liable, subject to an apportionment or allowance for fair wear and tear, the age and condition of each and any such item at the commencement of the Tenancy, insured risks and repairs that are our responsibility. 5.5 If the Deposit shall be insufficient you shall pay us such additional sums as shall be required to cover all costs, charges and expenses properly due. If you are all content to appoint a lead tenant for the purposes of managing the Deposit, ▇▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ is ch...

The Deposit. 1.1 Time deposits may be made by the Agent on behalf of its Customers (the “Deposits”) to the Third Party Deposit Provider on any day on which banks are open for business in the city of London, in the jurisdiction of the Third Party Deposit Provider and in the financial centre of the currency of the relevant Deposit (a “Business Day”). For each time deposit placed with the Third Party Deposit Provider, there shall be one or more documents (electronic or otherwise) which confirm the specific terms of a Deposit (which shall contain no less detail than the form of confirmation set out in Schedule 1 or such other form as the parties may agree from time to time) (the “Confirmation”) to be placed by the Agent (in the name and on behalf of the relevant Customer). The decision to accept any Deposit shall be at the sole discretion of the Third Party Deposit Provider. 1.2 The term of each Deposit will be as specified in the relevant Confirmation. Such Confirmation will be sent to the Agent on the Business Day on which the trade is agreed 1.3 The Third Party Deposit Provider hereby agrees that it shall credit any Deposit received from the Agent (on behalf of the relevant Customer) in accordance with the terms and conditions set out in the relevant Confirmation for that Customer. 1.4 The Third Party Deposit Provider hereby agrees and acknowledges that the Agent (acting in the name and on behalf of the relevant Customer) will have the exclusive capacity to provide instructions regarding each Deposit on behalf of each Customer. The Agent agrees and confirms that the Third Party Deposit Provider may, and the Third Party Deposit Provider agrees and confirms that it will, unless otherwise notified by the Agent or the Customer (in the event that the appointment of the Agent has been terminated), act in accordance with instructions given by the Agent on behalf of the Customer in the administration and operation of the Deposit under this Agreement, such instructions to be given by personnel of the Agent notified to the Third Party Deposit Provider by the Agent in writing from time to time as being authorised so to act. Further, the Agent acknowledges that the Customer has acknowledged and agreed that it shall hold the Third Party Deposit Provider harmless from any and all actions, proceedings, claims, liabilities, losses or damages incurred by the Customer or any third party for acting upon the Agent’s instructions and shall not be entitled to proceed directly or indirectly a...