Common use of Security Deposit Upon Default of Lessee Clause in Contracts

Security Deposit Upon Default of Lessee. ‌ Upon a Default by Lessee, Lessor may, but without obligation to do so or prejudice to or waiver of any other remedy available to Lessor, use or apply the Security Deposit in the manner and to the extent deemed appropriate or necessary by Lessor, in its sole discretion (an “Application”) to remedy, cure, or otherwise address the Default by Lessee, which Application shall not cure or waive such Event of Default and shall be restored to its original amount upon request by Lessor.‌

Security Deposit Upon Default of Lessee. ‌ Upon a Default by Lessee, Lessor may, but without obligation to do so or prejudice to or waiver of any other remedy available to Lessor, use or apply the Security Deposit in the manner and to the extent deemed appropriate or necessary by Lessor, in its sole discretion (an “Application”) to remedy, cure, or otherwise address the Default by Lessee, which Application shall not cure or waive such Event of Default and shall be restored to its original amount upon request by Lessor.‌

Security Deposit Upon Default of Lessee. ‌ Upon a Default by Lessee, Lessor may, but without obligation to do so or prejudice to or waiver of any other remedy available to Lessor, use or apply the Security Deposit in the manner and to the extent deemed appropriate or necessary by Lessor, in its sole discretion (an “Application”) to remedy, cure, or otherwise address the Default by Lessee, which Application shall not cure or waive such Event of Default and shall be restored to its original amount upon request by Lessor.‌Lessor.

Security Deposit Upon Default of Lessee. ‌ Upon a Default by Lessee, Lessor may, but without obligation to do so so, or prejudice to or waiver of any other remedy available to Lessor, use or apply the Security Deposit in the manner and to the extent deemed appropriate or necessary by Lessor, in its sole discretion (an “Application”) to remedy, cure, or otherwise address the Default by Lessee, which Application shall not cure or waive such Event event of Default Default, and shall be restored to its original amount upon request by Lessor.‌Lessor.

Security Deposit Upon Default of Lessee. ‌ Upon a Default by Lessee, Lessor may, but without obligation to do so so, or prejudice to or waiver of any other remedy available to Lessor, use or apply the Security Deposit in the manner and to the extent deemed appropriate or necessary by Lessor, in its sole discretion (an “Application”) to remedy, cure, or otherwise address the Default by Lessee, which Application shall not cure or waive such Event event of Default Default, and shall be restored to its original amount upon request by Lessor.‌Lessor.

Security Deposit Upon Default of Lessee. ‌ Upon a Default by Lessee, Lessor may, but without obligation to do so or prejudice to or waiver of any other remedy available to Lessor, use or apply the Security Deposit in the manner and to the extent deemed appropriate or necessary by Lessor, in its sole discretion (an “Application”) to remedy, cure, or otherwise address the Default by Lessee, which Application shall not cure or waive such Event of Default and shall be restored to its original amount upon request by Lessor.‌Lessor.