Common use of Increased Security Deposit Clause in Contracts

Increased Security Deposit. If Tenant is in ----------------------------- default more than 2 times within any twelve -month period, regardless of whether such default is cured, then, without limiting Landlord's other rights and remedies, the security deposit, if any, shall automatically be increased to two times the original security deposit. Tenant shall make the additional security deposit within 10 days after Landlord's demand therefor.

Increased Security Deposit. If Tenant is in ----------------------------- default more than 2 times within any twelve -month period, regardless of whether such default is cured, then, without limiting Landlord's other rights and remedies, the security deposit, if any, shall automatically be increased to two times the original security deposit. Tenant shall make the additional security deposit within 10 days after Landlord's demand therefor.