Common use of By Tenant Clause in Contracts

By Tenant. If Landlord uses any portion of the Security Deposit, Tenant shall, within 5 days after demand, restore the Security Deposit to its original amount. Landlord shall return any unapplied portion of the Security Deposit to Tenant within 45 days after the later to occur of: (a) determination of the final Rent due from Tenant; or (b) the later to occur of the Termination Date or the date Tenant surrenders the Premises to Landlord in compliance with Section 25. Landlord may assign the Security Deposit to a successor or transferee and, following the assignment, Landlord shall have no further liability for the return of the Security Deposit. Landlord shall not be required to keep the Security Deposit separate from its other accounts.

Appears in 4 contracts

Samples: Office Lease Agreement (Utix Group Inc), Office Lease Agreement (Lightbridge Inc), Office Lease Agreement (Umpqua Holdings Corp)

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By Tenant. If Landlord uses any portion of the Security Deposit, Tenant shall, within 5 five (5) days after demand, restore the Security Deposit to its original amount. Landlord shall return any unapplied portion of the Security Deposit to Tenant within 45 forty-five (45) days after the later to occur of: (a) determination of the final Rent due from Tenant; or (b) the later to occur of the Termination Date or the date Tenant surrenders the Premises to Landlord in compliance with Section 25. Landlord may assign the Security Deposit to a successor or transferee and, following the assignment, Landlord shall have no further liability for the return of the Security Deposit. Landlord shall not be required to keep the Security Deposit separate from its other accounts.

Appears in 2 contracts

Samples: Office Lease Agreement (Oxford Immunotec Global PLC), Office Lease Agreement (Oxford Immunotec Global PLC)

By Tenant. If Landlord uses any portion of the Security Deposit, Tenant shall, within 5 days after demand, shall on demand restore the Security Deposit to its original amount. Landlord shall return any unapplied portion of the Security Deposit to Tenant within 45 days after the later to occur of: (a) determination of the final Rent due from Tenant; or (b) the later to occur of the Termination Date or the date Tenant surrenders the Premises to Landlord in compliance with Section 25. Landlord may assign the Security Deposit to a successor or transferee and, following the assignment, Landlord shall have no further liability for the return of the Security Deposit24. Landlord shall not be required to keep the Security Deposit separate from its other accounts.

Appears in 1 contract

Samples: Office Lease Agreement (Clean Diesel Technologies Inc)

By Tenant. If Landlord uses any portion of the Security Deposit, Tenant shall, within 5 days after demand, restore the Security Deposit to its original amount. Landlord shall return any unapplied portion of the Security Deposit to Tenant within 45 days after the later to occur of: (a) determination of the final Rent due from Tenant; or (b) the later to occur of the Termination Date or the date Tenant surrenders the Premises to Landlord in compliance with Section Article 25. Landlord may assign the Security Deposit to a successor or transferee and, following the assignment, Landlord shall have no further liability for the return of the Security Deposit. Landlord shall not be required to keep the Security Deposit separate from its other accounts.

Appears in 1 contract

Samples: Office Lease Agreement (Aspirity Holdings LLC)

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By Tenant. If Landlord uses any portion of the Security DepositDeposit to satisfy Tenant’s obligations under this Lease, Tenant shall, within 5 five (5) days after demand, restore the Security Deposit to its original amount. Landlord shall return any unapplied portion of the Security Deposit to Tenant within 45 forty-five (45) days after the later to occur of: (a) determination of the final Rent due from Tenant; Termination Date or (b) the later to occur of the Termination Date or the date Tenant surrenders the Premises to Landlord in compliance with Section Article 25. Landlord may assign the Security Deposit to a successor or transferee and, following the assignment, Landlord shall have no further liability for the return of the Security Deposit. Landlord shall not be required to keep the Security Deposit separate from its other accounts.

Appears in 1 contract

Samples: Office Lease Agreement (Karyopharm Therapeutics Inc.)

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