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 Community Trust Bank acct #4003027168 and acct # ▇▇▇▇▇▇▇▇▇▇.
Appears in 2 contracts
Sources: Lease Agreement, 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 Community Central Bank and Trust Bank acct #4003027168 and acct # ▇▇▇▇▇▇▇▇▇▇.05271221
Appears in 1 contract
Sources: Lease Agreement