Remaining Security Deposit definition

Remaining Security Deposit means, as of any date of determination, the aggregate amount of each Security Deposit for an Asset that (a) does not constitute Segregated Funds and (b) as of such date of determination may, under the applicable Lease, be required to be repaid to the applicable Lessee.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Remaining Security Deposit means, as of any date of determination, the aggregate amount of each Security Deposit for an Owned Asset that (a) does not constitute Segregated Funds and (b) as of such date of determination may, under the applicable Asset Lease, be required to be repaid to the applicable Asset Lessee. “Rental Payments” means all cash rental payments and other amounts equivalent to a rental payment payable by or on behalf of an Asset Lessee under an Asset Lease, including payments received in respect of any Purchase Option. “Required Lenders” means, at any time, Designated ▇▇▇▇▇▇▇ having (or whose related Conduit Lenders have) outstanding Loans and Commitments representing at least 50.1% of the sum of the total outstanding Loans and unused Commitments of all Lenders at such time. The outstanding Loans and unused Commitments of WLFC (or any Affiliate of WLFC) (unless WLFC and its Affiliates constitute 100% of the Lenders at such time) or of any Defaulting Lender shall be disregarded in determining Required Lenders at any time. “Required Prepayment Amount” means, in respect of an Asset, an amount equal to 105% (or 100%, in the case of a Portfolio Transaction) of the Allocable Amount for such Asset on the date of determination. “Resolution Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority. “Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) with respect to any shares of any class of Stock of any Borrower Group Company, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such shares of Stock of any Borrower Group Company or any

Remaining Security Deposit means, as of any date of determination, the aggregate amount of each Security Deposit for an Asset that (a) does not constitute Segregated Funds and [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request. Confidential Treatment Requested: Information for which confidential treatment has been requested is omitted and is noted with asterisks. An unredacted version of this document has been filed separately with the Securities and Exchange Commission.

Examples of Remaining Security Deposit in a sentence

• Notwithstanding anything in the Lease to the contrary, Tenant shall not have the right to convert the Remaining Security Deposit into a letter of credit.

• Landlord shall return to Tenant promptly (but not more than 30 days (provided that in no event is Landlord required to deliver such amounts prior to the expiration of the Existing Regulus Lease) following the delivery to Landlord of the approved and effective Letter of Credit in the amount of $104,000.00 (after deducting any amounts to which Landlord may be entitled under the Existing Regulus Lease), the Remaining Security Deposit.

• If after giving effect to that reduction in the Termination Fee and the application of the Remaining Security Deposit as provided above, the amount paid by Tenant exceeds the Termination Fee, Landlord shall refund that excess to Tenant within thirty (30) days after the extended Termination Date.

• I agree to provide Ally Invest with a detailed written explanation of my concern including my account number.

• If Developer does not object during such period, then Developer shall either pay City the remainder of the City Costs, or City, concurrently with receipt of the Work Product (as defined in Section 22), shall pay the proposed Remaining Security Deposit set forth in the Final City Cost Accounting Statement.

• Within five (5) business days following the date of Tenant's removal of or Landlord's sale of the Furniture in accordance with the term of this Section 6, Landlord shall return any unapplied portion of the Remaining Security Deposit to Tenant.

• Said Remaining Security Deposit shall continue to be held by Landlord during the Additional Term in accordance with the terms and conditions of said Article 11 of the Lease.

• The balance of the Termination Fee shall be paid to Landlord by application of the amount of any security deposit then held by Landlord under the Lease on the Termination Date (the "Remaining Security Deposit") and, if that balance exceeds the Remaining Security Deposit, that excess shall be paid by Tenant in cash or by wire transfer of immediately available funds no later than the Termination Date.

• Remaining Security Deposit Balance 50% Security Deposit will be deducted from R.A. ▇▇▇▇ @ rate of 2% (two percent).