Cash Security Deposit definition

Cash Security Deposit means an amount required to be paid by an Obligor to an LDC pursuant to a Collection Service Agreement following the occurrence of an event of default thereunder, in respect of amounts owing by such Obligor to such LDC pursuant to such Collection Service Agreement.
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Cash Security Deposit means the portion of the Security Deposit paid in cash in the amounts in Appendix 2B.
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Cash Security Deposit means Cash Security Deposit as defined in. clause 8.15.3;
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Examples of Cash Security Deposit in a sentence

  • Landlord shall hold the Cash Security Deposit and/or the balance of proceeds remaining after a draw on the Letter of Credit (each hereinafter referred to as the “Security Deposit”) as security for Tenant’s performance of all its Lease obligations.

  • In lieu of paying or maintaining the Security Deposit in cash, Lessee may deliver to Lessor a Security Letter of Credit in the amount of the Cash Security Deposit.

  • The Security Deposit shall be in the form of either cash (a "Cash Security Deposit") or an irrevocable letter of credit (the "Letter of Credit") and issued by a bank (or bank subsidiary or other financial institution issuing the Letter of Credit) reasonably acceptable to Landlord and having a long-term unsecured debt rating of not less than "AA" from Standard & Poor's Corporation and otherwise in form and substance satisfactory to Landlord.

  • The Cash Security Deposit or Proceed Deposit shall not be commingled with other funds of Landlord or other Persons, shall bear interest at the “day-in, day-out” passbook rate of interest, and interest thereon shall accrue for the account of Tenant.

  • The Cash Security Deposit shall not be commingled with other funds of Landlord or other Persons and no interest thereon shall be due and payable to Tenant.


More Definitions of Cash Security Deposit

Cash Security Deposit means Cash Security Deposit as defined in Section 31(a).
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Cash Security Deposit is defined in Paragraph 35(a).
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Cash Security Deposit. A cash security deposit with Lessor in the amount of the Cash Security Deposit Amount, as may be required pursuant to the provisions of this Lease”
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Cash Security Deposit and the "Letter of Credit" as such terms are defined in Paragraph 39 of the Primary Lease), deposited to secure performance by the tenants, Lessees or licensees, as applicable (each a "Tenant" and collectively, the "Tenants"), of their obligations under any such Leases, whether said cash or securities are to be held until the expiration of the terms of said Leases or applied to one or more of the installments of rent coming due prior to the expiration of said terms, subject, however, to the provisions contained in Section 1.11 hereinbelow;
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Cash Security Deposit. Three Hundred Sixty-eight Thousand Eight Hundred Forty-one and 47/100 Dollars ($368,841.47)" (b) Landlord acknowledges that Tenant has already paid to Landlord the amount of $372,239.40 as the cash Security Deposit under the Lease. As a result of such overpayment of the cash Security Deposit, Landlord shall, not later than five (5) business days following the execution of this First Amendment, refund to Tenant the sum of Three Thousand Three Hundred Ninety-seven and 93/100 Dollars ($3,397.93). 4846-8589-9106¥1 SLF\24049007 -3-
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Cash Security Deposit. As defined in the Master Lease.
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Cash Security Deposit as used in the Lease (as amended by this Amendment) shall mean the existing Cash Security Deposit plus the Additional Cash Security Deposit, which shall be in a total amount of Fifty-Three Thousand Eight Hundred Twenty and 00/100ths Dollars ($53,820.00). From and after the date that the Increased Letter of Credit Security Deposit is deposited with Landlord, the term "Letter of Credit Security Deposit" as used in the Lease (as amended by this Amendment) shall mean the Increased Letter of Credit Security Deposit.
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