Common use of Restoration of Deposit Clause in Contracts

Restoration of Deposit. If Lessor elects to use or apply all or any portion of the Security Deposit aa provided in Section 10.1, Lessee shall within ten (10) days after written demand therefor pay to Lessor in cash, an amount equal to that portion of the Security Deposit used or applied by Lessor, and Lessee's failure to so do shall be a material breach of this Lease. The ten (10) day notice specified in the preceding sentence shall insofar as not prohibited by law, constitute full satisfaction of notice of default provisions required by law or ordinance.

Appears in 1 contract

Samples: Full Service Office Lease (Thinking Tools Inc)

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Restoration of Deposit. If Lessor elects to use or apply all or any portion of the Security Deposit aa as provided in Section 10.116.1, Lessee shall within ten (10) days after written demand therefor pay to Lessor in cash, an amount equal to that portion of the Security Deposit used or applied by Lessor, and Lessee's failure to so do shall be a material breach of this Lease. The ten (10) day notice specified in the preceding sentence shall insofar as not prohibited by law, constitute full satisfaction of notice of default provisions required by law or ordinance.

Appears in 1 contract

Samples: Sublease (Sangstat Medical Corp)

Restoration of Deposit. If Lessor elects to use or apply all or any portion of the Security Deposit aa as provided in Section 10.1, Lessee shall within ten (10) days after written demand therefor pay to Lessor in cash, an amount equal to that portion of the Security Deposit used or applied by Lessor, and Lessee's failure to so do shall xx xxall be a material breach of this Lease. The ten (10) day notice specified in the preceding sentence shall insofar as not prohibited by law, constitute full satisfaction of notice of default provisions required by law or ordinance.

Appears in 1 contract

Samples: Full Service Office Lease (Thermogenesis Corp)

Restoration of Deposit. If Lessor elects to use or apply all or any portion of the Security Deposit aa as provided in Section 10.117.1, Lessee shall within ten (10) days after written demand therefor pay to Lessor in cash, an amount equal to that portion of the Security Deposit used or applied by Lessor, and Lessee's failure to so do shall be a material breach of this Lease. The ten (10) day notice specified in the preceding sentence shall insofar as not prohibited by law, constitute full satisfaction of notice of default provisions required by law or ordinance.

Appears in 1 contract

Samples: Business Park Net Lease (Innova Corporation)

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Restoration of Deposit. If Lessor elects to use or apply all or any portion of the Security Deposit aa as provided in Section 10.1, Lessee shall within ten (10) days after written demand therefor pay to Lessor in cash, an amount equal to that portion of the Security Deposit used or applied by Lessor, and Lessee's Xxxxxx’s failure to so do shall be a material breach of this Lease. The ten (10) day notice specified in the preceding sentence shall insofar as not prohibited by law, constitute full satisfaction of notice of default provisions required by law or ordinance.

Appears in 1 contract

Samples: Net Office Lease (Itex Corp)

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