Security Deposits definition

Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

Security Deposits means all security (whether cash, letters of credit or otherwise) given to Owner or any agent or Person acting on behalf of Owner in connection with any Leases.

Security Deposits means any advance deposits or any other deposits collected with respect to the Property, whether in the form of cash, letter(s) of credit or other cash equivalents (including, without limitation, such deposits made in connection with any Lease).

Examples of Security Deposits in a sentence

• Company will allow Tenants with existing Security Deposits to apply for the Electronic Deposit Return Service.

• The remaining Security Deposits (without interest) shall be refunded to the relevant Seller upon the end of the Lease Period and full performance of the Lessee Payment Obligation.

• The maximum outstanding balance of Security Deposits paid by all Sellers from time to time under the Master Finance Lease (2022-2024) Agreement shall be no more than 5% of the Aggregate Lease Amount.

• Company acknowledges that terms in a Lease Agreement pertaining to Security Deposits shall be construed to apply also to Billing Authorizations such that Tenants shall, with Company’s prior authorization, be permitted to subscribe to the Billing Authorization Service in satisfaction of Tenant’s Security Deposit obligations under the Lease Agreement without need for an amendment to the Lease Agreement.

• Xxxxx agrees that no sums representing such Security Deposits or Prepaid Rent, or any rights, title, or interest in any such Security Deposits or Prepaid Rent, shall be transferred to the Buyer as part of this transaction.

More Definitions of Security Deposits

Security Deposits means any moneys held by the landlord as security for the performance of the rental agreement, including, but not limited to, monetary damage to the landlord caused by the tenant's breach of lease prior to the expiration thereof.

Security Deposits means the assets made available to the Clearing House by a Clearing Member as security for its obligations to the Clearing House pursuant to CME Rule 816, CBOT Rule 816, NYMEX Rule 816 or any other similar Rule.

Security Deposits means those certain refundable security deposits held by or for Assignor on account of tenants under the Leases as such deposits and with respect to which Assignee received a credit at the closing of the transaction with respect to which this Assignment has been executed and delivered.

Security Deposits. The Agent shall have exclusive control of security deposits and pet deposits and shall have the right to keep said deposits in an interest bearing trust account with accrued interest paid to the Agent to offset costs of bookkeeping and account operating expenses. Security deposits shall be returned to the Tenant upon vacation of the premises, at the discretion of the Agent, and after the Agent determines if any monies are to be retained due to outstanding Tenant debts or damage to the premises, normal wear and tear expected. Monies retained from the Tenant will be credited to the Owner's funds. ADVERTISING COSTS: In the event it becomes necessary to pay for advertising to obtain a Tenant, such costs are paid for from the Owner's funds.

Security Deposits means, any payments made by Tenants and received in respect of any Rental Property that is in the nature of a security deposit.

Security Deposits shall have the meaning set forth in Section 8.8.5.

Security Deposits means any security deposits, rent or damage deposits or similar amounts (other than rent paid for the month in which the Closing occurs) actually held by Seller with respect to any of the Leases.