Common use of Increased Security Deposit Clause in Contracts

Increased Security Deposit. Concurrently with the execution and delivery of this Amendment, Tenant shall deliver to Landlord the additional cash amount of $137,793.00, in order to increase the Security Deposit under the Lease to a total of $305,840.00. The language in the Basic Lease Information of the Original Lease regarding the “allocation” of the Security Deposit between the 11th and 12th Floors is hereby deleted, the parties acknowledging and agreeing that Landlord is entitled to use the entire Security Deposit pursuant to Section 4 of the Original Lease.

Increased Security Deposit. Concurrently with the execution and delivery of this Amendment, Tenant shall deliver to Landlord the additional cash amount of $137,793.0068,430.00, in order to increase the Security Deposit under the Lease to a total of $305,840.00. The language in the Basic Lease Information of the Original Lease regarding the “allocation” of the Security Deposit between the 11th and 12th Floors is hereby deleted, the parties acknowledging and agreeing that Landlord is entitled to use the entire Security Deposit pursuant to Section 4 of the Original Lease168,047.00.

Increased Security Deposit. Concurrently with the execution and delivery of this Amendment, Tenant shall deliver to Landlord the additional cash amount of $137,793.0097,885.16 ($57,885.16 of which is attributable to the 2nd Floor and $40,000.00 of which is attributable to the 0xx Xxxxx), in order to increase the Security Deposit under the Lease to a total of $305,840.00. The language in the Basic Lease Information of the Original Lease regarding the “allocation” of the Security Deposit between the 11th and 12th Floors is hereby deleted, the parties acknowledging and agreeing that Landlord is entitled to use the entire Security Deposit pursuant to Section 4 of the Original Lease403,725.16.

Increased Security Deposit. Concurrently with the Tenant's execution and delivery of this First Amendment, Tenant shall deliver to deposit with Landlord the an additional cash amount of $137,793.0090,713.13, in order to increase the for a total Security Deposit under the Lease to a total Lease, as amended herein, of $305,840.00301,035.89. The language Landlord shall continue to hold the Security Deposit, as increased herein, in accordance with the Basic Lease Information terms and conditions of Section 21 of the Original Lease regarding the “allocation” of the Security Deposit between the 11th and 12th Floors is hereby deleted, the parties acknowledging and agreeing that Landlord is entitled to use the entire Security Deposit pursuant to Section 4 of the Original Lease.