Common use of Increase in security deposit Clause in Contracts

Increase in security deposit. Tenant shall deposit with Landlord on the date hereof the amount of $448,898.00 in cash (the “Additional Security Deposit”) as additional security for the faithful performance and observance by Tenant of the terms, conditions and provisions of the Lease, including and without limitation, the surrender of possession of the Premises to Landlord as provided therein. The Additional Security Deposit shall be added to and held as part of the Security Deposit subject to and in accordance with the provisions of Article 32 of the Lease.

Increase in security deposit. Tenant shall deposit with Landlord on the date hereof Landlord, concurrently with Tenant’s execution of this Fourth Amendment, the amount of $448,898.00 in cash (the “Additional Security Deposit”) 21,794.32 as an additional security deposit for the faithful performance and observance by Tenant of the termsterms of this Lease to be performed by Tenant, conditions and provisions of thereby increasing Tenant’s Security Deposit under the Lease, including and without limitation, the surrender of possession of the Premises Lease to Landlord as provided therein$48,132.77. The Additional Security Deposit shall be added to and held as part of the Security Deposit subject to and in accordance with governed by the provisions of Article 32 Section 3.7 of the Original Lease.