Tenant Security Deposits definition

Tenant Security Deposits has the meaning ascribed to it in Section 1.01(a)(viii).

Tenant Security Deposits means all security deposits or other security of Tenants under the Tenant Leases, plus accrued interest, if any, payable thereon.

Tenant Security Deposits means all tenant or occupant security deposits (in whatever form they may be) that have not been forfeited by any tenant or occupant under any Lease with respect to the Mortgaged Property, together with any other escrows provided under or with respect to any Lease.

Examples of Tenant Security Deposits in a sentence

• If the Agent requires Tenant Security Deposits, they shall be placed in a trust account in Agent’s name in a North Carolina bank or savings and loan association.

• At the Close of Escrow, pursuant to the Assignment and Assumption of Tenant Leases, Buyer shall assume all of the obligations of Seller under the Tenant Leases as of the Proration Time, including, without limitation, tenant improvement obligations of landlord thereunder and obligations with respect to Tenant Security Deposits (to the extent received by Buyer or credited to Buyer hereunder).

• Upon the commencement of this Agreement, Owner shall deliver to Agent a list of any current tenants who previously made Tenant Security Deposits under existing leases and the amounts thereof.

• Agent may, in Agent's discretion, require tenants to make security deposits in an amount permitted by law to secure tenants’ lease obligations (such security deposits shall hereinafter be referred to as "Tenant Security Deposits").

• Interest on any such amounts shall belong to (Owner or Agent), except that with respect to any Tenant Security Deposits, tenant leases shall specify, in Agent’s discretion, whether such interest shall be payable to Owner or to the tenant.

More Definitions of Tenant Security Deposits

Tenant Security Deposits shall have the meaning given such term in Section 12(a).

Tenant Security Deposits means all refundable security deposits, letters of credit, advance rental payments and other deposits of tenants ("Tenants") under Tenant Leases which, as of the Closing Date, have not been applied and are then held by and are in the possession of Property Owner.

Tenant Security Deposits has the meaning set forth in Section 1.1(l). --------------

Tenant Security Deposits means and include all security deposits, escrow deposits, reserve funds, security interests, letters of credit, pledges, prepaid rent or other sums, deposits or interests held by a Property Owner or by any other Person for the benefit of the Property Owner with respect to the Leases. All unapplied security deposits, reserve accounts, escrow funds or other similar payments paid by the Tenants are held by each Property Owner in accordance with the terms and provisions of the Leases.

Tenant Security Deposits has the meaning ascribed to it in Section 1.01(a)(xii). "THIRD PARTY CLAIM" has the meaning ascribed to it in Section 9.02(a).

Tenant Security Deposits held by the Property Owners as of the Effective Date are as set forth on the Tenant security deposit schedule attached hereto as SCHEDULES "I-1" through "I-11". For purposes of this Agreement, "TENANT SECURITY DEPOSITS" shall mean and include all security deposits, escrow deposits, reserve funds, security interests, letters of credit, pledges, prepaid rent or other sums, deposits or interests held by a Property Owner or by any other Person for the benefit of the Property Owner with respect to the Leases. All unapplied security deposits, reserve accounts, escrow funds or other similar payments paid by the Tenants are held by each Property Owner in accordance with the terms and provisions of the Leases.

Tenant Security Deposits held by the Seller as of the Effective Date are as set forth on the Tenant security deposit schedule attached hereto as SCHEDULE "I". For purposes of this Agreement, "TENANT SECURITY DEPOSITS" shall mean and include all security deposits, escrow deposits, reserve funds, security interests, letters of credit, pledges, prepaid rent or other sums, deposits or interests held by Seller or by any other Person for the benefit of the Seller with respect to the Leases. All unapplied security deposits, reserve accounts, escrow funds or other similar payments paid by the Tenants are held by Seller in accordance with the terms and provisions of the Leases.