Common use of Required Payments at Execution Clause in Contracts

Required Payments at Execution. Simultaneously with the execution and delivery of this Lease, Tenant shall deposit with Landlord or Agent an amount equal to the Security Deposit ($8,345.80) specified in Section 1.10 above and shall constitute a condition precedent to the Landlord’s obligations under this Lease.

Appears in 2 contracts

Samples: Industrial Building Lease (ArcherDX, Inc.), Industrial Building Lease (ArcherDX, Inc.)

AutoNDA by SimpleDocs

Required Payments at Execution. Simultaneously with the execution and delivery of this Lease, Tenant shall deposit with Landlord or Agent an amount equal to the Security Deposit ($8,345.8070,000.00) specified in Section 1.10 above and shall constitute a condition precedent to the Landlord’s obligations under this Lease.

Appears in 2 contracts

Samples: Industrial Building Lease, Industrial Building Lease (Clearfield, Inc.)

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