Sublessor. Unless the Sublessor uses the deposit to cure a default, or at the conclusion of the Term of this Sublease, or Extended Term uses the deposit to restore the Subleased Premises to substantially the same condition as of the commencement of this Sublease, reasonable wear and tear excepted, Sublessor shall, within thirty (30) days of the expiration of this Sublease, refund to Sublessee the balance of the deposit held by Sublessor plus interest earned thereon at the rate of 5.5% per annum.
Appears in 2 contracts
Sources: Sublease Agreement (Midway Airlines Corp), Sublease Agreement (Midway Airlines Corp)