Restoration of Cash Security. If Owner uses, applies or retains the whole or any part of the Cash Security held by Owner under any of the provisions of Section 36.01 or 36.02, Tenant, within five (5) days after notice thereof, shall deliver to Owner, in cash or by a cashier's check, or Tenant's certified check, in either case drawn by or on a bank which is a member of the New York Clearing House Association and payable to the order of Owner, the sum necessary to restore the Cash Security to the Security Amount. In amplification and not in limitation of the provisions of this Lease, a failure by Tenant to so replenish the Cash Security to the Security Amount shall be deemed a monetary default by Tenant in the payment of Fixed Rent under the terms, covenants and conditions of this Lease.
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Samples: Agreement of Lease (Langer Inc)
Restoration of Cash Security. If Owner uses, applies or retains the whole or any part of the Cash Security held by Owner under any of the provisions of Section 36.01 35.02 or 36.0235.03, Tenant, within five (5) days promptly after notice thereof, shall deliver to Owner, in cash or by a cashier's check, or Tenant's certified check, in either case drawn by or on a bank which is a member of the New York Clearing House Association and payable to the order of Owner, the sum necessary to restore the Cash Security to the Security Amount. In amplification and not in limitation of the provisions of this Lease, a failure by Tenant to so replenish the Cash Security to the Security Amount shall be deemed a monetary default by Tenant in the payment of Fixed Rent under the terms, covenants and conditions of this Lease.
Appears in 1 contract
Samples: Agreement of Lease (Iturf Inc)
Restoration of Cash Security. If Owner uses, applies or retains the whole or any part of the Cash Security held by Owner under any of the provisions of Section 36.01 35.01 or 36.0235.02, Tenant, within five (5) days after notice thereof, shall deliver to Owner, in cash or by a cashier's ’s check, or Tenant's ’s certified check, in either case drawn by or on a bank which is a member of the New York Clearing House Association L.L.C. and payable to the order of Owner, the sum necessary to restore the Cash Security to the Security Amount. In amplification and not in limitation of the provisions of this Lease, a failure by Tenant to so replenish the Cash Security to the Security Amount shall be deemed a monetary default by Tenant in the payment of Fixed Rent under the terms, covenants and conditions of this Lease..
Appears in 1 contract
Samples: Agreement of Lease (Bankrate, Inc.)
Restoration of Cash Security. If Owner uses, applies or retains the whole or any part of the Cash Security held by Owner under any of the provisions of Section 36.01 35.01 or 36.0235.02, Tenant, within five (5) days after notice thereof, shall deliver to Owner, in cash or by a cashier's check, or Tenant's certified check, in either case drawn by or on a bank which is a member of the New York Clearing House Association and payable to the order of Owner, the sum necessary to restore the Cash Security to the Security Amount. In amplification and not in limitation of the provisions of this Lease, a failure by Tenant to so replenish the Cash Security to the Security Amount shall be deemed a monetary default by Tenant in the payment of Fixed Rent under the terms, covenants and conditions of this Lease.
Appears in 1 contract
Samples: Bion Environmental Technologies Inc