Common use of Security Deposit; Increases Clause in Contracts

Security Deposit; Increases. (a) Upon the execution of this Lease, Tenant shall deposit with Landlord a cash Security Deposit in the amount set forth in Section 1.10. Landlord may, but shall riot be obligated to, apply all or pail of the Security Deposit to any unpaid rent or other charges due from Tenant or to cure any other defaults of Tenant. If Landlord uses any part of the Security Deposit, Tenant shall restore the Security Deposit to its full amount within ten (10) days after Landlord’s written request, and Tenant’s failure to do so shall be a material default under this Lease. No interest shall be paid on the Security Deposit, and Landlord shall not be required to keep the Security Deposit separate from its other accounts and no trust relationship is created with respect to the Security Deposit. (b) Each time there is a Transfer under the Lease requiring Landlord’s Consent pursuant to Article XV hereof, Tenant is in breach or default of this Lease beyond any applicable cure period, or the Shopping Center or a portion thereof that includes the Premises is sold by Landlord, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Minimum Monthly Rent as the initial Security Deposit bore to the initial Minimum Monthly Rent. (c) Landlord may deliver the Security Deposit deposited hereunder by Tenant to a purchaser of Landlord’s interest in the Premises in the event that such interest be sold and, thereupon, Landlord shall be discharged from any further liability with respect to such Security Deposit.

Security Deposit; Increases. (a) Upon the execution of this Lease, Tenant shall deposit with Landlord a cash Security Deposit in the amount set forth in Section 1.101.7 above. Landlord may, but shall riot be obligated to, may apply all or pail part of the Security Deposit to any unpaid rent or other charges due from Tenant or to cure any other defaults of Tenant. If Landlord uses any part of the Security Deposit, Tenant shall restore the Security Deposit to its full amount within ten (10) days after Landlord’s 's written request, and . Tenant’s 's failure to do so shall be a material default under this Lease. If Landlord retains a portion of the Security Deposit upon the expiration or sooner termination of this Lease, then Landlord shall apply such retained portion of the Security Deposit to any unpaid rent or other charges due from Tenant towards curing any defaults of Tenant or damages which Tenant is required to pay under this Lease. No interest shall be paid on the Security Deposit, and . Landlord shall not be required to keep the Security Deposit separate from its other accounts and no trust relationship is created with respect to the Security Deposit. (b) Each time there If the Base Rent is a Transfer increased under paragraph 3.2 of the Lease requiring Landlord’s Consent pursuant to Article XV hereof, Tenant is in breach or default of this Lease beyond any applicable cure period, or the Shopping Center or a portion thereof that includes the Premises is sold by LandlordConstruction Rider, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to equals the adjusted Minimum Monthly initial Base Rent as under paragraph 3.2 of the initial Security Deposit bore to the initial Minimum Monthly RentConstruction Rider. (c) Landlord may deliver the Security Deposit deposited hereunder by Tenant to a purchaser of Landlord’s interest in the Premises in the event that such interest be sold and, thereupon, Landlord shall be discharged from any further liability with respect to such Security Deposit.

Security Deposit; Increases. (a) Upon the execution of this Lease, Tenant shall deposit with Landlord a cash security deposit (the "Security Deposit Deposit") in the amount of the Initial Security Deposit set forth in Section 1.101.01(i) above. Landlord may, but shall riot be obligated to, may apply all or pail part of the Security Deposit to any unpaid rent Rent or other charges due from Tenant or to cure any other defaults of Tenant. If Landlord uses any part of the Security Deposit, Tenant shall restore the Security Deposit to its full amount within ten (10) days after Landlord’s 's written request, and . Tenant’s 's failure to do so shall be a material default under this Lease. No interest shall be paid on the Security Deposit, and . Landlord shall not be required to keep the Security Deposit separate from its other accounts and no trust relationship is created with respect to the Security Deposit. (b) . Each time there the Base Rent is a Transfer under the Lease requiring Landlord’s Consent pursuant to Article XV hereofincreased, Tenant shall, on or before the date that the first increased Base Rent payment is in breach or default of this Lease beyond any applicable cure perioddue, or the Shopping Center or a portion thereof that includes the Premises is sold by Landlord, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Minimum Monthly Base Rent as the initial Initial Security Deposit bore to the initial Minimum Monthly Base Rent. (c) Landlord may deliver . Notwithstanding anything in the Security Deposit deposited hereunder by Tenant Lease to a the contrary, no purchaser of Landlord’s 's interest in the Premises in Building or holder of any mortgage, deed of trust, ground lease or other lien on the event that such interest be sold and, thereupon, Landlord Building shall be discharged from liable for the return of any further liability with respect Security Deposit unless and until such Security Deposit is actually transferred by Landlord to such Security Depositparty.

Security Deposit; Increases. (a) Upon the execution of this Lease, Tenant shall deposit with Landlord a cash Security Deposit in the amount set forth in Section 1.101.10 above. Landlord may, but shall riot not be obligated to, to apply all or pail part of the Security Deposit to any unpaid rent or other charges due from Tenant or to cure any other defaults of Tenant. If Landlord uses any part of the Security Deposit, Tenant shall restore the Security Deposit to its full amount within ten (10) days after Landlord’s 's written request, and . Tenant’s 's failure to do so shall be a material default under this Lease. No interest shall be paid on the Security Deposit, and . Landlord shall not be required to keep the Security Deposit separate from its other accounts and no trust relationship is created with respect to the Security Deposit. (b) Each time there the Minimum Monthly Rent is a Transfer under the Lease requiring Landlord’s Consent pursuant to Article XV hereof, Tenant is in breach or default of this Lease beyond any applicable cure period, or the Shopping Center or a portion thereof that includes the Premises is sold by Landlordincreased, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Minimum Monthly Rent as the initial Security Deposit bore to the initial Minimum Monthly Rent. (c) Landlord may deliver the Security Deposit funds deposited hereunder by Tenant to a purchaser of Landlord’s 's interest in the Premises Premises, in the event that such interest be sold and, thereupon, sold; and thereupon Landlord shall be discharged from any further liability with respect to such Security Deposit, except as may otherwise be agreed upon in writing.