Common use of Payment; Security Deposit Clause in Contracts

Payment; Security Deposit. Any obligation: (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a “Construction-Related Obligation.”

Appears in 4 contracts

Samples: Office Lease (SecureWorks Corp), Office Lease (SecureWorks Holding Corp), Lease Agreement (Ryland Group Inc)

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Payment; Security Deposit. Any obligation: obligation (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant Tenant, or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to MortgageeLender. This paragraph Section is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 3 contracts

Samples: Short Form Industrial Building Lease, Industrial Building Lease (Birks Group Inc.), Lease Agreement (ConforMIS Inc)

Payment; Security Deposit. Any obligation: obligation (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant Tenant, or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee. [THE FOLLOWING SENTENCE MAY BE DELETED IF THIS IS A TERM LOAN AND THE BORROWER/LANDLORD IS NOT CONSTRUCTING OR PAYING FOR ANY TENANT IMPROVEMENTS.] This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (SP Plus Corp)

Payment; Security Deposit. Any obligation: obligation (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant Tenant, or (b) with respect to any security deposited with Former Landlord, unless such sum(s) or security was actually delivered to Mortgagee. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Neuronetics, Inc.)

Payment; Security Deposit. Any obligation: (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant Tenant; or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a “Construction-Related Obligation.

Appears in 1 contract

Samples: Lease Agreement (M/a-Com Technology Solutions Holdings, Inc.)

Payment; Security Deposit. Any obligation: (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to MortgageeLender. This paragraph is not intended to apply to Landlord’s 's obligation to make any payment that constitutes a "Construction-Related Obligation."

Appears in 1 contract

Samples: Subordination, Nondisturbance and Attornment Agreement

Payment; Security Deposit. Any obligation: (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to MortgageeAdministrative Agent. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a “Construction-Related Obligation.”

Appears in 1 contract

Samples: Loan Agreement (KBS Growth & Income REIT, Inc.)

Payment; Security Deposit. Any obligation: obligation (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant Tenant, or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

Samples: Lease (Tokai Pharmaceuticals Inc)

Payment; Security Deposit. Any obligation: obligation (a) to pay Tenant any sum(s) sum that any Former Landlord owed to Tenant Tenant; or (b) with respect to any security deposited with a Former Landlord, unless such security was actually delivered to Mortgageethe Successor Landlord. This paragraph is not intended to apply to a Successor Landlord’s obligation to make any payment that constitutes a “Construction-Related Obligation.”

Appears in 1 contract

Samples: Lease Agreement (Correctional Services Corp)

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Payment; Security Deposit. Any obligation: (a) to pay Tenant any sum(s) damages that any Former Landlord owed to Tenant or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to MortgageeBank. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a “Construction-Related Obligation” or to provide any rent credit specifically set forth in the Lease.

Appears in 1 contract

Samples: Office Lease (PMC Sierra Inc)

Payment; Security Deposit. Any obligation: (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant or (b) obligation with respect to any security deposited with Former Landlord, unless except to the extent such security was actually delivered to MortgageeMortgagee or consented to by Mortgagee or otherwise required by the Lease. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a “Construction-Related Obligation.

Appears in 1 contract

Samples: Lease Agreement (Incyte Corp)

Payment; Security Deposit. Any obligation: obligation (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

Samples: Sublease Agreement (First Albany Companies Inc)

Payment; Security Deposit. Any obligation: Bound by any obligation (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee. This paragraph is not intended to apply to Landlordto, or impair or limit, Xxxxxxxx’s obligation to make any payment that constitutes a Construction-Related Obligation; provided, however, that Tenant’s continued payment of Rent shall be conditioned on such obligations being performed and discharged and subject to any applicable Offset Right.

Appears in 1 contract

Samples: Lease Agreement

Payment; Security Deposit. Any obligation: (a) to pay Tenant any sum(s) that any Former Landlord owed to Tenant or (b) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee. This paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

Samples: Triple Net Lease (Athenahealth Inc)

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