Common use of Restoration of Letter of Credit and LOC Security Deposit Clause in Contracts

Restoration of Letter of Credit and LOC Security Deposit. If Landlord draws on any portion of the LOC and/or applies all or any portion o such draw. Tenant shall, within ten (10) business days after demand by Landlord, either (a) deposit cash with Landlord in an amount that, when added to the amount remaining under the LOC and the amount of any LOC Security Deposit, shall equal the LOC Amount then required under this Paragraph 39.B: or (b) reinstate the LOC to the full LOC Amount, and Tenant's failure to do so shall be a default under this Lease

Restoration of Letter of Credit and LOC Security Deposit. If Landlord draws on all or any portion of the LOC and/or applies all or any portion o of such draw. , Tenant shall, within ten five (105) business days after demand by Landlord, either (a) deposit cash with Landlord in an amount that, when added to the amount remaining under the LOC and the amount of any LOC Security Deposit, shall equal the LOC Amount then required under this Paragraph 39.B: 5; or (b) reinstate the LOC to the full LOC Amount, and Tenant's ’s failure to do so shall be a default under this Lease.

Restoration of Letter of Credit and LOC Security Deposit. If Landlord draws on all or any portion of the LOC and/or applies all or any portion o of such draw. , Tenant shall, within ten five (105) business days after demand by Landlord, either (a) deposit cash with Landlord in an amount that, when added to the amount remaining under the LOC and the amount of any the LOC Security Deposit, shall equal the LOC Amount then required under this Paragraph 39.B: Paragraph; or (b) reinstate the LOC to the full LOC Amount, and Tenant's failure to do so shall be a default under this Lease.