Common use of Increased Security Clause in Contracts

Increased Security. If: 22.4.1 the Security in Item 12 is determined as a proportion of the Rent payable under this Lease; and 22.4.2 at any time during the Term, the Rent is adjusted or increased, then within 5 Business Days of the adjustment or increase, the Tenant must deliver to the Landlord an additional or replacement Security to ensure that the amount of the Security held by the Landlord is the proportion specified in Item 12.