Common use of Indemnification Deposit Clause in Contracts

Indemnification Deposit. Tenant has deposited with Landlord the sum of $_ _ as an indemnification deposit which shall not be used by Tenant for any rent due. Indemnification deposit will be utilized as a fund for cleaning and repairing damages to the Demised Premises incurred since the lease Effective Date, excepting normal wear and tear. Within forty-five days after Tenant vacates the Demised Premises, Landlord will refund the unused portion of the indemnification deposit by mail. The indemnification deposit is held in Cumberland Valley National Bank #4062388 and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Bank #12397157.

Appears in 1 contract

Sources: Lease Agreement

Indemnification Deposit. Tenant has deposited with Landlord the sum of $_ _ as an indemnification deposit which shall not be used by Tenant for any rent due. Indemnification deposit will be utilized as a fund for cleaning and repairing damages to the Demised Premises incurred since the lease Effective Date, excepting normal wear and tear. Within forty-forty five days after Tenant vacates the Demised Premises, Landlord will refund the unused portion of the indemnification deposit by mail. The indemnification deposit is held in Cumberland Valley National Bank #4062388 and ▇▇▇▇▇▇▇ and Republic Bank #▇▇▇▇▇▇ Bank #12397157▇▇▇.

Appears in 1 contract

Sources: Lease Agreement

Indemnification Deposit. Tenant has deposited with Landlord the sum of $_ _ as an indemnification deposit which shall not be used by Tenant for any rent due. Indemnification deposit will be utilized as a fund for cleaning and repairing damages to the Demised Premises incurred since the lease Effective Date, excepting normal wear and tear. Within forty-forty five days after Tenant vacates the Demised Premises, Landlord will refund the unused portion of the indemnification deposit by mail. The indemnification deposit is held in Cumberland Valley National Bank #4062388 and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Republic Bank #1239715745344671.

Appears in 1 contract

Sources: Lease Agreement

Indemnification Deposit. Tenant has deposited with Landlord the sum of $_ _ as an indemnification deposit which shall not be used by Tenant for any rent due. Indemnification deposit will be utilized as a fund for cleaning and repairing damages to the Demised Premises incurred since the lease Effective Date, excepting normal wear and tear. Within forty-forty five days after Tenant vacates the Demised Premises, Landlord will refund the unused portion of the indemnification deposit by mail. The indemnification deposit is held in Cumberland Valley National Bank #4062388 and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Bank #12397157▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Lease Agreement

Indemnification Deposit. Tenant has deposited with Landlord the sum of $_ $ _ as an indemnification deposit which shall not be used by Tenant for any rent due. Indemnification deposit will be utilized as a fund for cleaning and repairing damages to the Demised Premises incurred since the lease Effective Date, excepting normal wear and tear. Within forty-forty five days after Tenant vacates the Demised Premises, Landlord will refund the unused portion of the indemnification deposit by mail. The indemnification deposit is held in Cumberland Valley National Bank #4062388 and ▇▇▇▇▇▇▇ and Republic Bank #▇▇▇▇▇▇ Bank #12397157▇▇▇.

Appears in 1 contract

Sources: Lease Agreement