Common use of Security Deposit; Increases Clause in Contracts

Security Deposit; Increases. Each time the Base Rent is increased, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Base Rent as the initial Security Deposit bore to the initial Base Rent.

Appears in 3 contracts

Samples: Lease (Multiple Zones International Inc), Industrial Real Estate Lease (Direct Focus Inc), Office Lease (Auxilio Inc)

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Security Deposit; Increases. Each time the Base Rent is increased, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Base Rent as the initial Security Deposit bore to the initial Base Rent; if such Security Deposit is required under Section 1.11 and paragraph 26 of the Rider.

Appears in 2 contracts

Samples: NBC Acquisition Corp, Nebraska Book Co

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Security Deposit; Increases. Each time the Base Rent is increased, Tenant shall deposit additional funds with Landlord sufficient to increase the Security Deposit to an amount which bears the same relationship to the adjusted Base Rent as the initial Security Deposit bore to the initial Base Rent. The initial Security Deposit shall be paid by Tenant to Landlord upon Initials ----- ----- execution of the Lease.

Appears in 1 contract

Samples: Assumption and Consent Agreement (Valley Media Inc)

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