Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's general funds. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 5 contracts
Samples: Improvement Agreement (Cruel World Inc), Net Lease Agreement (Integrated Device Technology Inc), Lease Agreement (Silicon Storage Technology Inc)
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's ’s general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Building. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 2 contracts
Samples: Net Lease Agreement (Trident Microsystems Inc), Improvement Agreement (Rackable Systems, Inc.)
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's ’s general funds. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 2 contracts
Samples: Net Lease Agreement (Mellanox Technologies, Ltd.), Net Lease Agreement (Laserscope)
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Depositany security deposit. Landlord shall not be required to keep any such funds separate from Landlord's ’s general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Project. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Samples: Improvement Agreement (Calix, Inc)
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Building. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Samples: Centre Office Lease (QCS Net Corp)
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's ’s general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Project. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee ---------------------- of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's general funds, Landlord may use such funds in its ordinary business and transfer or assign such funds. Any such funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee ---------------------- of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Building. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Samples: Net Lease Agreement (Navisite Inc)
Landlord Not a Trustee. Landlord shall not be deemed to be a ---------------------- trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Building. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's ’s general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Building. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security Deposit. Landlord shall not be required to keep any such funds separate from Landlord's ’s general funds. funds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Building.. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Samples: Lease Agreement (Rambus Inc)
Landlord Not a Trustee. Landlord shall not be deemed to be a trustee of any funds paid to Landlord by Tenant (or held by Landlord for Tenant) pursuant to this Lease, including without limitation the Security DepositDeposit or proceeds of the Letter of Credit. Landlord shall not be required to keep any such funds separate from Landlord's ’s general fundsfunds or segregated from any funds paid to Landlord by (or held by Landlord for) other tenants of the Building. Any funds held by Landlord pursuant to this Lease shall not bear interest.
Appears in 1 contract
Samples: Net Lease Agreement (Proteinsimple)