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

Security Deposit means any refundable deposit of money that is furnished by a tenant to a landlord

Security Deposit shall have the meaning ascribed to it in Section 3.5.

Examples of Security Deposit in a sentence

If the contractor fails to do so, CWC will deduct appropriate amount from contractor’s Bill / Security Deposit and pay to the respective authorities.
Licensee may cancel the reservation for the Event not later than thirty (30) days prior to the Event Date, in which event Licensor may retain the Security Deposit as liquidated damages and neither party shall have any further obligation to each other.
Licensee shall pay to Licensor the License Fee for the use of the Space and the Security Deposit.
Any unpaid charges for cleaning, damages, rent, or other charges permissible under this Lease and/or law owed to Self-service Storage Facility may be deducted from this Security Deposit.
If Licensee and Licensor cannot agree upon an Alternate Event Date within thirty (30) days of the original Event Date, then Licensor shall refund the License Fee and Security Deposit to Licensee.

More Definitions of Security Deposit

Security Deposit means an amount of money you must pay to us before we supply Energy to you (and which we hold as a deposit);

Security Deposit means a refundable payment or deposit of money, however designated, the primary function of which is to secure the performance of a rental agreement or any part of a rental agreement. “Security deposit” does not include a fee.

Security Deposit means a deposit, in any amount, paid by the tenant to the landlord or his or her agent to be held for the term of the rental agreement, or any part of the term, and includes any required prepayment of rent other than the first full rental period of the lease agreement; any sum required to be paid as rent in any rental period in excess of the average rent for the term; and any other amount of money or property returnable to the tenant on condition of return of the rental unit by the tenant in condition as required by the rental agreement. Security deposit does not include either of the following:

Security Deposit means a refundable payment or deposit of money, however designated,

Security Deposit means any cash held by or for the benefit of the Borrower as a “security deposit” (or other similar term) pursuant to any Lease.

Security Deposit means any deposit of money or property to secure performance by the tenant under a rental agreement.

Security Deposit means a sum of money we may ask you for at any point which we will return in full, with interest, provided that we have no reason to deduct any amount from the initial sum given.