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

  • Landlord shall not be required to pay interest on the Security Deposit or keep the Security Deposit separate from its general funds.

  • Upon any Default by Txxxxx, Landlord may use the Security Deposit to the extent necessary to make good any arrears of sums payable by Tenant under this Lease, or to compensate Landlord for any damage, injury, expense or liability caused by Txxxxx’s Default.

  • Landlord shall transfer to the new owner the balance of the Security Deposit, if any, and, after notice to Tenant, Landlord shall be relieved of all future liability with respect to such Security Deposit.

  • For the purpose of this Agreement, the Security Deposit and the Utility Deposit shall be collectively referred to as the “Rental Deposits”.

  • The balance of the Security Deposit remaining at the end of the Lease Term shall be returned after all of Tenant’s obligations have been fulfilled.


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, with respect to any Lease Agreement, the refundable security deposit specified in such Lease Agreement.
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 deposit of money or property to secure performance by the tenant under a rental agreement.
Security Deposit means the Security Deposit as specified in Clause 2.1.0.0 hereof and associated clauses there under.