Common use of General Provisions as to Monthly Deposits and Security Deposit Clause in Contracts

General Provisions as to Monthly Deposits and Security Deposit. Landlord shall be free to commingle the Monthly Deposits and Security Deposit with Landlord’s own funds and Landlord shall not be obligated to pay interest to Tenant on account of the Monthly Deposits and Security Deposit. In the event of a transfer by Landlord of Landlord’s interest in the Premises, Landlord may deliver the Monthly Deposits and Security Deposit to the transferee of Landlord’s interest and Landlord shall thereupon be discharged from any further liability to Tenant with respect to such Monthly Deposits and Security Deposit. In the event of a transfer by Tenant of Tenant’s interest in the Premises (Tenant’s right to do being limited by Section 8.17), Landlord shall be entitled to deliver the Monthly Deposits and Security Deposit to Tenant’s successor in interest and Landlord shall thereafter have no liability with respect to the Monthly Deposits and Security Deposit.

General Provisions as to Monthly Deposits and Security Deposit. Landlord shall not be free required to hold the Security Deposit in an escrow or trust deposit account, and Landlord may commingle the Monthly Deposits and Security Deposit with LandlordXxxxxxxx’s own funds and funds. Landlord shall not be obligated to pay interest to Tenant on account of the Monthly Deposits and Security Deposit. In the event of a transfer by Landlord of Landlord’s interest in the Demised Premises, Landlord may or the property manager of Landlord will deliver the Monthly Deposits and Security Deposit to the transferee of Landlord’s interest and Landlord and such property manager shall thereupon be discharged from any further liability to Tenant with respect to such Monthly Deposits and Security Deposit. Deposit In the event of a transfer by Tenant of Tenant’s interest in the Premises (Tenant’s right to do being limited by Section 8.17)Demised Premises, Landlord shall be entitled to deliver return the Monthly Deposits and Security Deposit to TenantXxxxxx’s successor in interest and Landlord shall thereafter have no thereupon be discharged from any further liability with respect to the Monthly Deposits and Security Deposit.

General Provisions as to Monthly Deposits and Security Deposit. Landlord shall not be free required to hold the Security Deposit in an escrow or trust deposit account, and Landlord shall not commingle the Monthly Deposits and Security Deposit with Landlord’s own funds and funds. Landlord shall not be obligated to pay interest to Tenant on account of the Monthly Deposits and Security Deposit. In the event of a transfer by Landlord of Landlord’s interest in the PremisesPremises to a third party, Landlord may shall deliver the Monthly Deposits and Security Deposit to the transferee of Landlord’s interest interest, and Landlord shall thereupon be discharged from any further liability to Tenant with respect to such Monthly Deposits and Security Deposit. In the event of a transfer by Tenant of Tenant’s interest in the Premises (Tenant’s right to do being limited by Section 8.17)Premises, Landlord shall be entitled to deliver return the Monthly Deposits and Security Deposit to Tenant’s successor in interest interest, and Landlord shall thereafter have no thereupon be discharged from any further liability with respect to the Monthly Deposits and Security Deposit.

General Provisions as to Monthly Deposits and Security Deposit. Landlord shall not be free required to hold the Security Deposit in an escrow or trust deposit account, and Landlord may commingle the Monthly Deposits and Security Deposit with LandlordXxxxxxxx’s own funds and funds. Landlord shall not be obligated to pay interest to Tenant on account of the Monthly Deposits and Security Deposit. In the event of a transfer by Landlord of Landlord’s interest in the Demised Premises, Landlord may or the property manager of Landlord will deliver the Monthly Deposits and Security Deposit to the transferee of Landlord’s interest and Landlord and such property manager shall thereupon be discharged from any further liability to Tenant with respect to such Monthly Deposits and Security Deposit. In the event of a transfer by Tenant of Tenant’s interest in the Premises (Tenant’s right to do being limited by Section 8.17)Demised Premises, Landlord shall be entitled to deliver return the Monthly Deposits and Security Deposit to TenantXxxxxx’s successor in interest and Landlord shall thereafter have no thereupon be discharged from any further liability with respect to the Monthly Deposits and Security Deposit.

General Provisions as to Monthly Deposits and Security Deposit. Landlord shall not be free required to hold the Security Deposit in an escrow or trust deposit account, and Landlord may commingle the Monthly Deposits and Security Deposit with Landlord’s 's own funds and funds. Landlord shall not be obligated to pay interest to Tenant on account of the Monthly Deposits and Security Deposit. In the event of a transfer by Landlord of Landlord’s 's interest in the Demised Premises, Landlord or the property manager of Landlord may deliver the Monthly Deposits and Security Deposit to the transferee of Landlord’s 's interest and Landlord and such property manager shall thereupon be discharged from any further liability to Tenant with respect to such Monthly Deposits and Security Deposit. In the event of a transfer by Tenant of Tenant’s 's interest in the Premises (Tenant’s right to do being limited by Section 8.17)Demised Premises, Landlord shall be entitled to deliver return the Monthly Deposits and Security Deposit to Tenant’s 's successor in interest and Landlord shall thereafter have no thereupon be discharged from any further liability with respect to the Monthly Deposits and Security Deposit.