Common use of Increased Security Deposit Clause in Contracts

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a Security Deposit in, or increase the existing Security Deposit to a sum equal to three (3) months’ installments of Base Rent. The Security Deposit shall be governed by the terms of this Lease.

Appears in 3 contracts

Samples: Office Lease (Medquist Inc), Office Lease (CBaySystems Holdings LTD), Office Lease (CBaySystems Holdings LTD)

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Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a Security Deposit in, or increase the existing Security Deposit to to, a sum equal to three (3) months' installments of Base Rent. The Security Deposit shall be governed by the terms of this Lease.

Appears in 2 contracts

Samples: Office Lease (XRG Inc), Office Lease (California Software Corp)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a Security Deposit in, or increase the existing Security Deposit to to, a sum equal to three (3) months’ installments of Base Rent. The Security Deposit shall be governed by the terms of this Lease.

Appears in 2 contracts

Samples: Commencement Agreement (Accentia Biopharmaceuticals Inc), Office Lease (Syniverse Technologies Inc)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a Security Deposit in, or increase Increase the existing Security Deposit to to, a sum equal to three (3) months' installments of Base Rent. The Security Deposit shall be governed by the terms of this Lease.

Appears in 1 contract

Samples: Commencement Agreement (Biotel Inc.)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) -month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise TT INITIALS LL available to Landlord, Tenant shallTenant, within ten (10) 10 days after demand by Landlord, shall post a Security Deposit in, or increase the existing Security Deposit to by, a sum equal to three (3) months’ installments of Base RentRent at the rate in effect at the time of Landlord’s demand. The Security Deposit shall be governed by the terms of this Lease.

Appears in 1 contract

Samples: Office Lease (Comprehensive Care Corp)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) twelve-month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shallTenant, within ten (10) days after demand by Landlord, shall post a Security Deposit in, or increase the existing Security Deposit to by, a sum equal to three (3) two months’ installments of Base RentRent at the rate in effect at the time of Landlord’s demand. The Security Deposit shall be governed by the terms of this Lease.

Appears in 1 contract

Samples: Office Lease (Clearside Biomedical, Inc.)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) -month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shallTenant, within ten (10) days after demand by Landlord, shall post a Security Deposit security deposit in, or increase the existing Security Deposit to security deposit by, a sum equal to three (3) months’ installments of Base Rent. The Security Deposit shall be governed by Rent at the terms rate in effect at the time of this Lease.Landlord’s demand not to exceed the equivalent of four (4)

Appears in 1 contract

Samples: Lease Agreement (Chelsea Therapeutics International, Ltd.)

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Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two three (23) or more occasions during any twelve (12) month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a Security Deposit in, or increase the existing Security Deposit to to, a sum equal to three (3) months’ installments of Base Rent. The Security Deposit shall be governed by the terms of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Tengion Inc)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) -month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shallTenant, within ten (10) 10 days after demand by Landlord, shall post a Security Deposit in, or increase the existing Security Deposit to by, a sum equal to three (3) months’ installments of Base RentRent at the rate in effect at the time of Landlord’s demand. The Security Deposit shall be governed by the terms of this Lease.

Appears in 1 contract

Samples: Office Lease (Surgery Partners, Inc.)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two three (23) or more occasions during any twelve (12) month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a Security Deposit in, or increase the existing Security Deposit to to, a sum equal to three (3) months' installments of Base Rent. The Security Deposit shall be governed by the terms of this Lease.

Appears in 1 contract

Samples: Commencement Agreement (Autobytel Inc)

Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) month period, regardless of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a Security Deposit in, or increase the existing Security Deposit to a sum equal to three (3) months' installments of Base Rent. The Security Deposit shall be governed by the terms of this Lease.

Appears in 1 contract

Samples: Office Lease (Spheris Inc.)

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