Common use of Return of the Security Deposit Clause in Contracts

Return of the Security Deposit. Without affecting Party A’s other rights hereunder, Party A shall return the security deposit or the remainder thereof (if any) to Party B free of interest within thirty (30) business days after the Lease Agreement expires or is terminated in accordance with Article 17.1, Article 17.2 or Article 22 of this Supplementary Agreement and Party B returns the Premises to Party A in accordance with Article 8.1 hereof, makes all payments hereunder, cancels the business registration in accordance with Article 8.2 of this Supplementary Agreement and returns the original receipt of the security deposit. If the security deposit is not enough for the payments to be made by Party B, Party A shall have the right to request Party B for supplement.

Appears in 2 contracts

Sources: Guangzhou Premises Lease Agreement (Fd Technology Inc.), Guangzhou Premises Lease Agreement (Fd Technology Inc.)