Security Deposit; Increases. Each time the Base Rent is increased, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Base Rent as the initial Security Deposit bore to the initial Base Rent.
Appears in 3 contracts
Sources: Industrial Real Estate Lease (Multiple Zones International Inc), Office Lease (Auxilio Inc), Industrial Real Estate Lease (Direct Focus Inc)
Security Deposit; Increases. Each time the Base Rent is increased, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Base Rent as the initial Security Deposit bore to the initial Base Rent; if such Security Deposit is required under Section 1.11 and paragraph 26 of the Rider.
Appears in 2 contracts
Sources: Industrial Real Estate Lease (NBC Acquisition Corp), Industrial Real Estate Lease (Nebraska Book Co)
Security Deposit; Increases. Each time the Base Rent is increased, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Base Rent as the initial Security Deposit bore to the initial Base Rent. The initial Security Deposit shall be paid by Tenant to Landlord upon Initials ----- ----- execution of the Lease.
Appears in 1 contract
Sources: Lease Agreement (Valley Media Inc)