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 Section is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 4 contracts

Sources: Lease Agreement (Hubspot Inc), Lease Agreement (Hubspot Inc), Lease Agreement (Hubspot 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 Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 4 contracts

Sources: Office Lease (SecureWorks Corp), Office Lease (SecureWorks Holding Corp), Lease Agreement (Ryland Group 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 sum(s) or security was actually delivered to Mortgagee. This Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 2 contracts

Sources: 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, 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 Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 2 contracts

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

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 except to the extent such security was actually delivered to MortgageeMortgagee or consented to by Mortgagee or otherwise required by the Lease. This Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

Sources: Lease Agreement (Incyte Corp)

Payment; Security Deposit. Any obligation (a) to pay Tenant any sum(s) sum that any Former Landlord owed to Tenant, ; or (b) with respect to any security deposited with a Former Landlord, unless such security was actually delivered to Mortgageethe Successor Landlord. This Section 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

Sources: Lease Agreement (Correctional Services Corp)

Payment; Security Deposit. Any Bound by 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 Section paragraph is not intended to apply to Landlordto, or impair or limit, ▇▇▇▇▇▇▇▇’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

Sources: 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 Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

Sources: Lease (Tokai Pharmaceuticals 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 MortgageeLender. This Section 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

Sources: Subordination, Nondisturbance and Attornment Agreement

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 MortgageeAdministrative Agent. This Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

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

Appears in 1 contract

Sources: Lease Agreement (M/a-Com Technology Solutions Holdings, 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 Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

Sources: Triple Net Lease (Athenahealth 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 Section paragraph is not intended to apply to Landlord’s obligation to make any payment that constitutes a Construction-Related Obligation.

Appears in 1 contract

Sources: Sublease Agreement (First Albany Companies Inc)

Payment; Security Deposit. Any obligation obligation: (a) to pay Tenant any sum(s) damages 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 MortgageeBank. This Section 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

Sources: Office Lease (PMC Sierra Inc)