Disposition of Security Deposit. After the Expiration Date or any earlier termination of the Lease, any remaining portion of the Security Deposit shall be returned to Tenant after deduction of all amounts due as Rent or otherwise. Tenant expressly waives the provisions of § 1950.7 of the California Civil Code.
Disposition of Security Deposit. If Landlord shall so use, apply or ------------------------------- retain the whole or any part of the Security Deposit, Tenant shall upon demand immediately deposit with Landlord a sum equal to the amount so used, applied or retained, as security as aforesaid. If Tenant shall fully and faithfully comply with all of Tenant's covenants and obligations under this Lease, the security or any balance thereof shall be returned or paid over to Tenant after the date on which this Lease shall expire or sooner end or terminate. In the event of any sale of Landlord's interest in the Building or any leasing of the Building, whether or not in connection with a sale or leasing of the Land, Landlord shall have the right to transfer the security to the vendee or lessee and upon written assumption by such vendee or lessee of Landlord's obligations under this Lease, including without limitation the obligation to return the Security Deposit to Tenant, Landlord shall thereupon be released by Tenant from all liability for the return or payment thereof; and Tenant shall look solely to the new landlord for the return or payment of the same; and the provisions hereof shall apply to every transfer or assignment made of the same to a new landlord. Except in connection with a permitted assignment or subletting of this Lease, Tenant shall not assign or encumber or attempt to assign or encumber the monies deposited herein as security and neither Landlord nor its successors or assigns shall be bound by any such assignment, encumbrance, attempted assignment or attempted encumbrance.
Disposition of Security Deposit. After the Expiration Date or any earlier termination of the Lease, any remaining portion of the Security Deposit shall be returned to Tenant in accordance with the provisions of Section 1950.7
Disposition of Security Deposit. Down Payment. Each time Bruker sells and delivers a Gemini MS to HP, Bruker will deduct [*] of transfer price from the security deposit/down payment and invoice HP for the remainder. When the balance of the security deposit/down payment is less than [*], Bruker will apply the balance to HP's purchase of the next Gemini MS and invoice HP for the difference. If Bruker fails to develop the Gemini/Gemini R&D MS in a timely manner in accordance with the Gemini Project Plan, or if Bruker terminates this Agreement before the security deposit/down payment has been used up in the normal course of selling products to HP, Bruker shall immediately refund to HP the remaining balance of the security deposit/down payment. If HP does not order sufficient products to deplete the security deposit/down payment through no fault of Bruker, HP will forfeit any remaining security deposit/down payment.
Disposition of Security Deposit. 9 ARTICLE 8. SUBORDINATION, NOTICE TO SUPERIOR LESSORS AND MORTGAGEES:.....................................10 8.1 Subordination.................................................................................10 8.2 Notice........................................................................................10 8.3 Attornment....................................................................................10 8.4 Landlord's Breach of Lease....................................................................10
Disposition of Security Deposit. If Landlord shall so use, apply or retain the whole or any part of the Security Deposit, Tenant shall upon demand immediately deposit with Landlord a sum equal to the amount so used, applied or retained, as security. If Tenant shall fully and faithfully comply with all of Tenant's covenants and obligations under this Lease, the Security Deposit or any balance thereof shall be returned or paid over to Tenant within thirty (30) days after the date on which this Lease shall expire or sooner end or terminate. In the event of any sale of Landlord's interest in the Building or any master lease of the Building by Landlord to a third party, whether or not in connection with a sale or leasing of the Land, Landlord shall either transfer the Security Deposit to the vendee or master lessee or the vendee or master lessee shall assume Landlord's obligations under this Lease in respect of the Security Deposit. Upon transfer of the Security Deposit to the vendee or master lessee, Landlord shall thereupon be released by Tenant from all liability for the return or payment thereof; and if the vendee or
Disposition of Security Deposit. It is agreed that in the event TENANT defaults in respect of any of the terms, provisions and conditions of this Lease including, but not limited to, the payment of rent and additional rent incurred by LANDLORD, by reason of TENANT'S default in respect of any of the terms, covenants and conditions of this Lease including, but not limited to, any damages or deficiency accrued before or after summary proceedings or other re-entry by LANDLORD; that LANDLORD shall apply the security deposit to satisfy such damages or deficiency. In the event that TENANT shall fully and faithfully comply with all the terms, provisions, covenants and conditions of this Lease, the security shall be returned to the TENANT without interest, after the expiration of the Lease and after delivery of entire possession of the demised premises to LANDLORD.
Disposition of Security Deposit. 5 SECTION 7. SUBORDINATION, NOTICE TO SUPERIOR LESSORS AND MORTGAGEES.... 5 7.1 Subordination............................................. 5 7.2 Notice.................................................... 6 7.3 Attornment................................................ 6
Disposition of Security Deposit. If Port shall so use, apply, or retain the whole or any part of the Security Deposit, Tenant shall, within five (5) business days after demand, deposit with Port a sum equal to the amount so used, applied, or retained, as replenishment of such Security Deposit. If Tenant fully and faithfully complies with all of Tenant’s covenants and obligations under this Lease, including Tenant’s surrender obligations, the Security Deposit or any balance thereof shall be returned or paid over to Tenant within thirty (30) days after the date on which this Lease expires or sooner ends or terminates. In the event of any sale of the Premises by Port to a third party, Port shall either transfer the Security Deposit to the third party, or the third party shall assume Port’s obligations under this Lease in respect of the Security Deposit. Upon transfer of the Security Deposit to the third party, Port shall thereupon be released by Tenant from all liability for the return or payment thereof; and if the third party expressly assumes Port’s obligations in respect of the Security Deposit, Tenant shall look solely to the new landlord for the return or payment of the same.
Disposition of Security Deposit. The security deposit shall be maintained in Sublessor's interest-bearing checking account and may be commingled with Sublessor's other funds. Any balance of the security deposit and interest thereon shall be returned by Sublessor to Sublessee within 30 days after termination of the Sublease, subject to any rights which Sublessor may have in the security deposit as a result of Sublessee's breach of the Sublease. 5 SIGNATURES
