No Deposit Option definition
Examples of No Deposit Option in a sentence
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 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 may 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.
If any of these terms are broken, the Landlord may be entitled to claim monies in respect of the No Deposit Option, as set out in the Agreement, claim damages from the Tenant, or seek the court's permission to have the Tenant evicted from the Property because of the breach.
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 may 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.
If any of these terms are broken, the Landlord may be entitled to claim monies in respect of the No Deposit Option, as set out in the Agreement, claim damages from the Tenant, or seek the court’s permission to have the Tenant evicted from the Property because of the breach.