Maintenance Deposit definition

Maintenance Deposit means interest free Deposit as security for payment of Common Expenses/Maintenance Charges, which shall be handed over to the Association after formation;
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Maintenance Deposit means interest free maintenance security deposit to be paid to the Maintenance Agency as a measure of security for the Maintenance Agency and more fully described in Clause 5.1.
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Maintenance Deposit shall have the meaning as ascribed to the said term in the Maintenance Agreement.
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Examples of Maintenance Deposit in a sentence

  • Upon formation of the Association, the residue then remaining of the Advance Common Expenses/Maintenance Charges and the Common Expenses/ Maintenance Deposit paid by the Allottee (after adjustment of all amounts then remaining due and payable) shall be transferred by the Promoter to the Association.

  • DEPOSITS Ground Maintenance Deposit ($500) will be cashed for any damage to property on Spring Awakening Music Festival grounds or driving on the grass.

  • Pending execution of the said Maintenance Agreement, the Applicant hereby agrees to pay a onetime Interest Free Maintenance Deposit (Refundable) and Maintenance Charges for the first year, upon offer of possession of the Said Premises.

  • See the Road Maintenance Deposit Schedule in the Road Maintenance Package for more detailed information.

  • I will not have more than 2 propane tanks on-site not exceeding a combined weight of 100lbs unless supplied by the single source propane supplier, KEP Propane.I understand that the Ground Maintenance Deposit ($500) will be cashed if I damage any property on the Lyrical Lemonade Summer Smash grounds or drive on the grass.

  • A Maintenance Deposit of $100 is charged for this facility, refundable if the facility is left clean with no breakages.

  • See Road Maintenance Deposit Schedule in the Road Maintenance Package for more detailed information.

  • The Developer shall hand over the collected sum of Maintenance Deposit to Maintenance Body.

  • The contract provisions CT5.1 Temporary Road and Landing Construction, CT5.31 Road Maintenance Requirements, and CT5.32 Road Maintenance Deposit Schedule, ensure that roads are appropriately maintained.

  • Sophisticated banking organizations with extensive securitization activities generally should use this approach only if it is an integral part of their risk management systems and their systems fully capture the risks from the banking organizations’ securitization activities.


More Definitions of Maintenance Deposit

Maintenance Deposit or "IFMSD" shall mean the interest-free maintenance security deposit, as provided in Clause 3.2 of this AFS, payable by the Allottee under this AFS towards security for adjustment of any unpaid Maintenance Charges as may be payable by the Allottee in terms of the Maintenance Agreement;
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Maintenance Deposit means the reduced value of a Security Deposit, separate cash or an irrevocable and automatically renewable Letter of Credit to be deposited with the City for the duration of the maintenance period, according to the standards set out or referred to in Schedule “A”, attached hereto and forming part of this Bylaw, as a guarantee for the stability and sufficiency of the Works and Services completed by the Developer;
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Maintenance Deposit means interest free Deposit as security for payment of Common Expenses/Maintenance Charges, which shall be handed over to the Association, upon formation;
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Maintenance Deposit means a non-interest bearing deposit which shall be retained by the Society towards running, operation, maintenance, replacement of worn out parts of building, equipment and infrastructure either ‘Inside the Residential Unit’ or in 'Common Areas’ of Old Age Home Complex and finally adjusting dues, in case of death of Lifetime Allottee of the Residential Unit, before it is refunded to the nominee of Founder Member(s).
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Maintenance Deposit. /‘IFMSD’ shall mean the non-refundable interest-free maintenance security deposit payable by the Applicant towards the security for adjustment of any unpaid Maintenance Charges as may be due and payable by the Applicant to the Maintenance Agency under terms of the Agreement/Maintenance Agreement.
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Maintenance Deposit has the meaning ascribed to it under the Maintenance Agreement; “Non-Defaulting Party” has the meaning ascribed to it in Clause 7.3;
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Related to Maintenance Deposit

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Routine maintenance means actions performed on a regular or controllable basis or in response to uncontrollable events upon a highway, road, street, or bridge. Routine maintenance includes, but is not limited to, 1 or more of the following:

  • Scheduled Maintenance means routine maintenance scheduled by Orange to implement generic changes to, or updates of, the Orange Services or the Orange Network.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

  • Maintenance work means the repair of existing facilities when the size, type or extent of such facilities is not thereby changed or increased. While “maintenance” includes painting and decorating and is covered under the law, it does not include work such as routine landscape maintenance or janitorial services.

  • Maintenance Window means the total minutes in the reporting month represented by the following day(s) and time(s) during which vendor shall maintain the services: [day(s) and time(s)].