Key deposit definition

Key deposit. If the landlord collects a deposit for key(s), remote entry devices or cards, the landlord must return the deposit when the tenant gives back their key(s) at the end of the tenancy. The landlord can charge the tenant for additional keys that the tenant requests (for example, if the tenant wants an extra key or if the tenant has lost their key), but the charge cannot be more than actual cost of the keys. This is not a key deposit.
Key deposit means the amount specified in Item 4 of the Items Schedule.
Key deposit means the sum referred to in the Price List as amended from time to time payable for two Keys issued in respect of the Locker.

Examples of Key deposit in a sentence

  • I understand that the Key deposit will be refunded upon return of the Key, but that failure to return the Key per this agreement will result in forfeiture of the Key deposit.

  • Bring your Permit with you plus photo identification and $250 Access Key deposit.

  • Key deposit at HK$100 per key is required upon check in and will be refunded upon check out.

  • If a replacement fee or new Key deposit has been indicated as being required in your message, the individual has been informed that the Campus Cashier will require payment of the required fee or Key deposit when the replacement Key is issued.

  • One week prior to the hire period, and upon payment of the Access Key deposit, the hirer may collect their access keys from the Avalon Beach SLSC during office hours.

  • A Key deposit of $40 must be paid before a key will be issued, refundable upon return of the key.

  • Key deposit may be forfeited if not returned by the date indicated at the time the deposit is made.

  • Key deposit means the cost of keys to a participant or group for access to a Facility.

  • Key deposit will be returned to renter following inspection of facility after Event.

  • Key deposit money paid shall be refundable upon return of the key set.


More Definitions of Key deposit

Key deposit means the amount specified in the Schedule;
Key deposit shall have the meaning ascribed to it in Clause 6.1;
Key deposit means a deposit that the Renter is required to pay upon the Renter’s successful application for the Box;

Related to Key deposit

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.