Common use of Security in the Form of Cash Clause in Contracts

Security in the Form of Cash. If an Event of Default shall occur or if ---------------------------- Tenant fails to surrender the Premises in the condition required by this Lease, Landlord shall have the right (but not the obligation), and without prejudice to any other remedy which Landlord may have on account thereof, to apply all or any portion of the Security Deposit to cure such default or to remedy the condition of the Premises. If Landlord so applies the Security Deposit or any portion thereof before the Expiration Date or earlier termination of this Lease, Tenant shall deposit with Landlord, upon written demand, the amount necessary to restore the Security Deposit to its original amount. The amounts deducted from the Security Deposit shall be the actual costs incurred to cure such default and shall not include items such as administrative fees and interest. The demand letter shall provide sufficient documentation to support such expenditures. If Landlord shall sell or transfer its interest in the Building, Landlord shall have the right to transfer the Security Deposit to such purchaser or transferee, in which event Tenant shall look solely to the new landlord for the return of the Security Deposit, and Landlord thereupon shall be released from all liability to Tenant for the return of the Security Deposit. Although the Security Deposit shall be deemed the property of Landlord, any remaining balance of the Security Deposit shall be returned to Tenant within thirty (30) days of the Post Move-Out Inspection.

Security in the Form of Cash. If an Event of Default shall occur or if ---------------------------- Tenant fails to surrender the Premises in the condition required by this Lease, Landlord shall have the right (but not the obligation), and without prejudice to any other remedy which Landlord may have on account thereof, to apply all or any portion of the Security Deposit to cure such default or to remedy the condition of the Premises. If Landlord so applies the Security Deposit or any portion thereof before the Expiration Date or earlier termination of this Lease, Tenant shall deposit with Landlord, upon written demand, the amount necessary to restore the Security Deposit to its original amount. The amounts deducted from the Security Deposit shall be the actual costs incurred to cure such default and shall not include items such as administrative fees and interest. The demand letter shall provide sufficient documentation to support such expenditures. If Landlord shall sell or transfer its interest in the Building, Landlord shall have the right to transfer the Security Deposit to such purchaser or transferee, in which event Tenant shall look solely to the new landlord for the return of the Security Deposit, and and, upon an express written assumption of Landlord's obligations hereunder by such transferee, Landlord thereupon shall be released from all liability to Tenant for the return of the Security Deposit. Although the Security Deposit shall be deemed the property of Landlord, any remaining balance of the Security Deposit shall be returned to Tenant within thirty (30) days of after the Post Move-Out InspectionInspection and the fulfillment of all of Tenant's obligations under this Lease.