Common use of Payments Security Deposit Clause in Contracts

Payments 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, except to the extent that such security was actually delivered to Lender by Former Landlord and Lender has the legal right to use or apply such security for the purposes provided in the Lease.

Appears in 4 contracts

Samples: Office Lease Agreement (Emmaus Life Sciences, Inc.), Lease Agreement (OMNICELL, Inc), Office Space Lease Agreement (Extreme Networks Inc)

AutoNDA by SimpleDocs

Payments Security Deposit. Any obligation (a) to pay Tenant any sum(s) that any Former Landlord former landlord owed to Tenant, or specifically excluding (bi) the return (in accordance with respect the terms of the Lease) of any security deposit delivered by Tenant to any security deposited with Former Landlord, except former landlord as required by the Lease and (ii) any portion of the 11th Floor Construction Allowance or the 12th Floor Construction Allowance available to Tenant pursuant to the extent that such security was actually delivered to Lender by Former Landlord and Lender has the legal right to use or apply such security for the purposes provided in terms of the Lease.

Appears in 2 contracts

Samples: Lease (LendingClub Corp), Lease (LendingClub Corp)

Payments Security Deposit. Any obligation (a) to pay Tenant any sum(s) that any Former Landlord former landlord owed to Tenant, or specifically excluding (bi) the return (in accordance with respect the terms of the Lease) of any security deposit delivered by Tenant to any security deposited with Former Landlord, except former landlord as required by the Lease and (ii) any portion of any Construction Allowance available to Tenant pursuant to the extent that such security was actually delivered to Lender by Former Landlord and Lender has the legal right to use or apply such security for the purposes provided in terms of the Lease.

Appears in 2 contracts

Samples: Lease (LendingClub Corp), Lease (LendingClub Corp)

Payments 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, except to the extent that such security was actually delivered to Lender by Former Landlord and Lender has the legal right to use or apply such security for the purposes provided in the Lease.. 4.4

Appears in 1 contract

Samples: Office Space Lease Agreement

AutoNDA by SimpleDocs

Payments Security Deposit. Any obligation (a) to pay Tenant any sum(s) that any Former Landlord former landlord owed to Tenant, or (b) with respect specifically excluding any portion of the Construction Allowance available to any security deposited with Former Landlord, except Tenant pursuant to the extent that such security was actually delivered to Lender by Former Landlord and Lender has the legal right to use or apply such security for the purposes provided in terms of the Lease.

Appears in 1 contract

Samples: Lease Agreement (Gymboree Corp)

Payments Security Deposit. Any obligation (a) to pay Tenant any sum(s) that any Former Landlord former landlord owed to .to Tenant, or specifically excluding (bi) the return (in accordance with respect the terms of the Lease) of any security deposit delivered by Tenant to any security deposited with Former Landlord, except former landlord as required by the Lease and (ii) any portion of the Construction Allowance available to Tenant pursuant to the extent that such security was actually delivered to Lender by Former Landlord and Lender has the legal right to use or apply such security for the purposes provided in terms of the Lease.

Appears in 1 contract

Samples: Assignment and Assumption of Lease (LendingClub Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!