Common use of Letter of Credit Amount Clause in Contracts

Letter of Credit Amount. Upon execution of this Lease, Tenant shall deliver to Landlord a security deposit (the “Security Deposit”) in the form of a “Letter of Credit” (as defined below) in the amount of $3,729,924.00 for the faithful performance of all terms, covenants and conditions of this Lease.

Appears in 3 contracts

Samples: Lease Agreement (Codiak BioSciences, Inc.), Lease Agreement (Codiak BioSciences, Inc.), Lease Agreement (Codiak BioSciences, Inc.)

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Letter of Credit Amount. Upon execution and delivery of this LeaseLease by and between Landlord and Tenant, Tenant shall deliver to Landlord a security deposit (the "Security Deposit") in the form of a "Letter of Credit" (as defined below) in the amount of $3,729,924.00 133,106.00 for the faithful performance of all terms, covenants and conditions of this Lease.

Appears in 1 contract

Samples: Lease (Everbridge, Inc.)

Letter of Credit Amount. Upon execution of this Lease, Tenant shall deliver to Landlord a security deposit (the “Security Deposit”) in the form of a “Letter of Credit” (as defined below) in the amount of $3,729,924.00 3,085,765.55 for the faithful performance of all terms, covenants and conditions of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Syros Pharmaceuticals, Inc.)

Letter of Credit Amount. Upon execution of this Lease, Tenant shall deliver to Landlord a security deposit (the “Security Deposit”) in the form of a “Letter of Credit” (as defined below) in the amount of $3,729,924.00 526,200.00 for the faithful performance of all terms, covenants and conditions of this Lease.

Appears in 1 contract

Samples: Lease (Organogenesis Holdings Inc.)

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Letter of Credit Amount. Upon execution of this Lease, Tenant shall deliver to Landlord a security deposit (the "Security Deposit") in the form of a "Letter of Credit" (as defined below) in the amount of $3,729,924.00 232,443.34 for the faithful performance of all terms, covenants and conditions of this Lease.

Appears in 1 contract

Samples: Lease (Datawatch Corp)

Letter of Credit Amount. Upon execution of this Lease, Tenant shall deliver to Landlord a security deposit (the "Security Deposit") in the form of a "Letter of Credit" (as defined below) in the amount of Thirty-Eight Thousand One Hundred Seventy-One Dollars and 54/100 ($3,729,924.00 38,171.54) for the faithful performance of all terms, covenants and conditions of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Acumen Pharmaceuticals, Inc.)

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