Release of Security Deposit Sample Clauses

Release of Security Deposit. The Security Deposit amounting to Rs. ……………./- (Rupees Lakhs) shall remain in force and effect for the entire License period. This Security Deposit shall be released upon Completion of entire License period and/or the termination (payable only in the event of non-Licensee default) date whichever is earlier. The Security Deposit shall be released subject to Maha-Metro’s right to receive or recover amounts if any due from Licensee under this Agreement. No interest shall be paid on the Security Deposit.

Release of Security Deposit. Any remaining portion of the Security ------------------------------ Deposit, after application of all set-offs and deductions provided for in this Agreement, less any amounts with respect to which RS&H has in good faith asserted a claim, but not yet received, indemnification hereunder, shall be released to Sellers (as allocated in accordance with Section 1.6) on the date that is eighteen (18) months following the Closing Date or upon a final adjudication or settlement of the Medallion International Corporation lawsuit referred to in Section 5.1(a)(iii) above, whichever occurs later. Any amount withheld with respect to pending claims for indemnification which remains after application of all set-offs and deductions with respect to such claims shall be distributed to the Sellers promptly following final resolution of such claims.

Release of Security Deposit. The Security Deposit shall remain in force and effect for the entire Concession Period. This Security Deposit shall be released upon the completion of entire Concession Period and/or the termination (payable only in the event of non-Concessionaire Default) date whichever is earlier. The Security Deposit shall be released subject to Maha-Metro’s right to receive or recover amounts if any due from Concessionaire under this Agreement. No interest shall be paid on the Security Deposit.

Release of Security Deposit. ‌ The release of the Security Deposit will be subject to the satisfactory performance by Concessionaire of all terms, conditions, and covenants contained herein throughout the entire Term. Upon termination of this Contract, the release of Security Deposit will not occur until all fees, charges, and other payments due to Authority are satisfied and Authority has accepted the findings of Concessionaire’s audit or has successfully conducted an audit in accordance with the provisions of Section 5.09 of this Contract. In the event of a dispute as to the condition of the Assigned Areas, only the amount in dispute will be retained for remedy. Authority shall release the Security Deposit without interest within 30 days of meeting the above requirements.‌

Release of Security Deposit. (a) If Tenant shall fully and faithfully comply with all of Tenant's covenants and obligations under this Lease, the Security Deposit, or any balance thereof, shall be returned to Tenant no later than sixty (60) days after expiration of the Term or earlier termination of this Lease, and delivery to Landlord of possession of the Premises. In the event of any assignment of this Lease, Landlord shall either return the Security Deposit, or remaining balance thereof, to Tenant, or deliver the Security Deposit or balance thereof, to the assignee no later than sixty (60) days after expiration of the Term or earlier termination of this Lease and delivery to the Landlord of possession of the Premises, and any such delivery shall release Landlord from all liability to Tenant for the return of the Security Deposit. Tenant thereafter shall look solely to such assignee for the return or payment of the Security Deposit.

Release of Security Deposit. 11.3.1. The Security Deposit which is a sum total of Rs. ……………./- (Rupees Lakhs) submitted in the form of ………………. and Rs. shall remain in force and effect for the entire License period. This Security Deposit shall be released upon Completion of entire License period plus six months and/or the termination (payable only in the event of non-Licensee default) date whichever is earlier. The Security Deposit shall be released subject to Maha- Metro’s right to receive or recover amounts if any due from Licensee under this Agreement. No interest shall be paid on the Security Deposit. 11.3.2. Licensee shall ensure that Licensee and its employees or other persons involved in the execution of the work does not in any way impinge on the safety and security of metro operations, safety & convenience of commuter, safety of metro properties and its assets. In case of serious accident caused due to negligence of the Licensee, resulting in injury, death to commuters or Maha-Metro employees or loss to Maha-Metro property, it shall constitute Material Breach of Contract and considered Licensees Event of Default that shall entitle Maha- Metro to terminate the License Agreement with 30 days written notice. 11.3.3. Access to stations for the purpose of advertisements rights shall be regulated by the office of the Sr. Addl. General Manager/Property Development and the Licensee is required to take necessary permissions in this regard from the office of Sr. Addl. General Manager/Property Development as per extant policy of Maha-Metro. It is clarified that the permission to the Licensee shall not be unduly denied.

Release of Security Deposit. Promptly after the Exercise Date, Landlord shall release to Tenant Tenant’s entire Security Deposit (i.e., approximately $178,000.00).

Release of Security Deposit. To avoid misunderstandings concerning the security deposit, the following information is provided. The release of security deposit is subject to the following provisions: a) Full term lease fulfilled b) a written 60 day notice to vacate given to management c) no damage to property beyond normal tear and wear d) entire apartment and refrigerator (all appliances) are clean e) no unpaid legal charges, delinquent rent or other fees. f) all debris, rubbish and discards removed from the premises g) charges for cleaning, damages, repairs and all delinquent rents and fees will be deducted from the deposit. Your security deposit cannot be applied to your last month’s rent. You must thoroughly clean the apartment, including doors, windows, furniture, bathrooms, kitchen appliances, patios, balconies, garages, carports, and storage rooms. You must follow move-out cleaning instructions if they have been provided. If you don't clean adequately, you'll be liable for reasonable cleaning charges. h) You'll be liable to us for any charges for replacing all keys and access devices if you fail to return them on or before your actual move-out date.

Release of Security Deposit. 11.3.1. The Security Deposit which is a sum total of Rs. ……………./- (Rupees Lakhs) submitted in the form of ………………. and Rs. shall remain in force and effect for the entire License