Common use of Security Deposit; Escrow Deposits Clause in Contracts

Security Deposit; Escrow Deposits. Such New Lease shall contemplate both a security deposit and escrow deposits in the same manner or fashion as contemplated by this Lease, which amounts shall initially be funded by Landlord, on a proportional basis, from the Security Deposit and the escrow deposits held by Landlord hereunder.

Appears in 1 contract

Sources: Master Lease Agreement (Ventas Inc)

Security Deposit; Escrow Deposits. Such New Lease shall contemplate both a security deposit and escrow deposits in the same manner or fashion as contemplated by this Lease, which amounts shall initially be funded by Landlord, on a proportional basis, from the Security Deposit and the escrow deposits Escrow Account held by Landlord hereunder.

Appears in 1 contract

Sources: Master Lease Agreement (Brookdale Senior Living Inc.)