Replenishment of Security Deposit. If Landlord uses, applies, or retains the whole or any part of the Security Deposit, Tenant shall deliver to Landlord the amount necessary to replenish the Security Deposit to its original sum within five days after notification from Landlord of the amount due. Failure to pay the amount due within the required time period shall constitute a material default under this Lease.
Replenishment of Security Deposit. Notwithstanding anything herein to the contrary, in the event Sublandlord executes upon the Security Deposit or any portion thereof, Subtenant shall replenish the Security Deposit by delivery to Sublandlord of the total amount drawn to cure the default of the Subtenant in immediately available funds within five (5) business days after Sublandlord's demand therefor. Subtenant shall have no right to interest on such Security Deposit and Sublandlord may commingle such amount with its other funds.
Replenishment of Security Deposit. If Landlord uses, applies or retains the whole or any part of the security, Tenant shall replenish the security to its sum of five thousand two hundred ninety three dollars and 34/100 ($5,293.34) within five (5) days after being notified by the Landlord of the amount due. Tenant shall be in default of this Lease if the amount due is not paid within the required period of time.
Replenishment of Security Deposit. 1. From January 1, 2020, Party A and Party B shall verify the actual underwritten amount of the High Value Bank Card Loan Series Products for the period from the 16th to 31st day of the previous month on the 1st day each month, and compare (i) the security deposit amount corresponding to the actual underwritten amount of High Value Bank Card Loan Series Products for the period from 16th to 31st day of the previous month with (ii) the prepaid security deposit amount for the advance amount corresponding to the estimated underwritten Assets of High Value Bank Card Loan Series Products during such period. If the security deposit amount corresponding to the actual underwritten amount is higher than the prepaid security deposit amount corresponding to the estimated advance amount, Party B shall replenish the security deposit in a lump sum within 5 business days upon receipt of notice from Party A, and the amount of replenishment shall be [****], of the High Value Bank Card Loan Series Products. Where Party B fails to timely replenish the security deposit due to its own reasons for more than 5 business days overdue, Party A may cease cooperation on new business and/or unilaterally terminate this Agreement, and demand Party B to pay liquidated damages of RMB100,000 (unless Party A and Party B agree through email communication that the security deposit may be paid later).
2. From December 16, 2019, Party A and Party B shall verify the actual underwritten amount of the High Value Bank Card Loan Series Products for the period from the 1st to 15th day of current month on the 16th day each month, and compare (i) the security deposit amount corresponding to the actual underwritten amount of High Value Bank Card Loan Series Products for the period from 1st to 15th day of current month with (ii) the prepaid security deposit amount for the advance amount corresponding to the estimated underwritten Assets of High Value Bank Card Loan Series Products during such period. If the security deposit amount corresponding to the actual underwritten amount of High Value Bank Card Loan Series Products is higher than the prepaid security deposit amount corresponding to the estimated advance amount, Party B shall replenish the security deposit in a lump sum within 5 business days upon receipt of notice from Party A, and the amount of replenishment shall be [****], of the High Value Bank Card Loan Series Products. Where Party B fails to timely replenish the security deposit due to its ow...
Replenishment of Security Deposit. If Landlord uses, applies or retains the whole or any part of the security, Tenant shall replenish the security to its original sum of ONE HUNDRED EIGHTY TWO THOUSAND FOUR HUNDRED NINETY NINE DOLLARS AND 99/100 ($182,499.99) within TEN (10) BUSINESS days after being notified by the Landlord of the amount due. Tenant shall be in default of this Lease if the amount due is not paid within the required period of time. THE SECURITY DEPOSIT, IF HELD IN CASH, SHALL ACCRUE INTEREST AT THE 1-YEAR "COMMERCIAL PAPER" RATE OF __________ BANK AND ACCRUED INTEREST SHALL BE DISBURSED TO TENANT ON EACH ANNIVERSARY OF THE COMMENCEMENT DATE.
Replenishment of Security Deposit. If Landlord uses, applies or retains the whole or any part of the security, Tenant shall replenish the security to its original sum of SIXTY FIVE THOUSAND SEVEN HUNDRED DOLLARS AND 00/100 ($65,700.00) within TEN (10) BUSINESS days after being notified by the Landlord of the amount due. Tenant shall be in default of this Lease if the amount due is not paid within the required period of time. THE SECURITY DEPOSIT, IF HELD IN CASH, SHALL ACCRUE INTEREST AT THE 1-YEAR "COMMERCIAL PAPER" RATE OF __________ BANK AND ACCRUED INTEREST SHALL BE DISBURSED TO TENANT ON EACH ANNIVERSARY OF THE COMMENCEMENT DATE.
Replenishment of Security Deposit. If the security deposited under this Lease is applied by Landlord on account of any default by Tenant under this Lease, Tenant, within ten (10) days after demand by Landlord, shall deliver to Landlord such cash amount (or such additional letter of credit, as the case may be) as is necessary to restore the security to the full amount then required under this Lease.
Replenishment of Security Deposit. If all or any portion of the Security Deposit is so applied by Landlord, Tenant will, within 5 days after written demand from Landlord, replenish the Security Deposit in full.
Replenishment of Security Deposit. Notwithstanding anything to the contrary contained herein, within five (5) business days after receipt of notice that Landlord has drawn on the Security LC, Tenant shall cause the Security LC to be replaced with a substitute letter of credit, meeting the requirements of this Article 21 and in an amount equal to the full Security Deposit required as of that date, or shall cause the existing Security LC to be replenished so that the amount available to be drawn under the Security LC is equal to the full Security Deposit required as of that date, after giving effect, if applicable, to the provisions of SECTION 21.3 above.
Replenishment of Security Deposit. If Landlord uses, applies, or retains the whole or any part of the Security Deposit, Tenant shall deliver to Landlord the amount necessary to replenish the Security Deposit to its original sum within five days after notification from Landlord of the amount due. The Security Deposit shall be replenished by delivering a replacement letter of credit (in the same form and issued by the same bank as the original Letter of Credit or by another bank approved by Landlord) restoring the amount of the Letter of Credit back to $800,000.00 (or such lesser amount as applicable under Section F below), in which event, and upon receipt of the replacement letter of credit, Landlord shall return the original Letter of Credit to Tenant. Failure to pay the amount due within the required time period shall constitute a material default under this Lease.
