Common use of Replenishment of Security Deposit Clause in Contracts

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. If Landlord uses, applies, or retains the whole or any part of the Security DepositDeposit in accordance with its Lease, 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. If Landlord uses, applies, or retains the whole or any part of the Security Deposit, Tenant shall deliver to Landlord the amount such sums as necessary to replenish the Security Deposit to its original sum within five (5) 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. If Landlord uses, applies, applies or retains the whole or any part of the Security Depositsecurity, Tenant shall deliver to Landlord the amount necessary to replenish the Security Deposit security to its original sum of _________ within five (5) days after notification from being notified by the Landlord of the amount due. Failure to pay Tenant shall be in default of this Lease is the amount due is not paid within the required time period shall constitute a material default under this Leaseof time.