Security Deposit definition

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

Examples of Security Deposit in a sentence

  • On the date of this Lease, Tenant shall deposit with Landlord the Security Deposit as security for the faithful performance by Tenant under this Lease.

  • The Security Deposit is not a limitation on Landlord’s damages or other rights under this Lease, a payment of liquidated damages or prepaid rent and shall not be applied by Tenant to the rent for the last (or any) month of the Term, or to any other amount due under this Lease.

  • Landlord may withhold the Security Deposit after the expiration of the Term or sooner termination of this Lease until Txxxxx has paid in full Tenant’s Share of Operating Expenses for the Operating Year in which such expiration or sooner termination occurs and all other amounts payable under this Lease.

  • If this Lease is terminated due to any default of Tenant, any portion of the Security Deposit remaining at the time of such termination shall immediately inure to the benefit of Landlord as partial compensation for the costs and expenses incurred by Landlord in connection with this Lease, and shall be in addition to any other damages to which Landlord is otherwise entitled.

  • Sublandlord shall transfer and deliver any then existing Security Deposit to the transferee of Sublandlord's interest in this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto.


More Definitions of Security 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 shall have the meaning ascribed to it in Section 3.5.
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, with respect to any Lease Agreement, the refundable security deposit specified in such Lease Agreement.
Security Deposit means a refundable payment or deposit of money, however designated,
Security Deposit means any deposit of money or property to secure performance by the tenant under a rental agreement.
Security Deposit means any payment, note, letter of credit or other security or deposit made or given by or on behalf of a tenant under a Lease as security for the performance of its obligations thereunder, and any interest accrued thereon.