Initial Security Deposit definition
Examples of Initial Security Deposit in a sentence
Initial Security Deposit shall be refunded to the Contractor on the Engineer-in-charge certifying in writing that the work has been completed as per condition 31 hereof etc.
The Business Customer shall provide to the Company an Initial Security Deposit in cash and maintain it at an amount which is equivalent to two (2) times the monthly charges (“Security Deposit”).
The Initial Security Deposit shall be increased to an amount equal to eighteen (18) months of the Basic Rent then in effect within twenty (20) days following the date on which Tower fails to be in compliance at any time with either of the Financial Ratio Tests.
The "Initial Security Deposit" amount will be provided prior to the initiation of service.
The Security Deposit together with EMD / Initial Security Deposit (ISD) shall be 10% of the contract / Works order value.