Payment of the Security Deposit. (a) On or before the Term Commencement Date, the Tenant shall pay and maintain to the Landlord the amount stated in Item 8 of Schedule 2 by way of Security Deposit which said sum shall be paid by way of cash on or before the Term Commencement Date and maintained throughout the Term as security for the due observance and performance by the Tenant of all and singular the several covenants, conditions, stipulations and agreements on the part of the Tenant herein contained.
Appears in 4 contracts
Samples: www.sec.gov, Tenancy Agreement (Cyberoptics Corp), Tenancy Agreement (Cyberoptics Corp)