Newark New Jersey Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent

State:
Multi-State
City:
Newark
Control #:
US-OL4A012A
Format:
Word; 
PDF
Instant download

Description

This office lease clause states that the amount of the security deposit shall be increased to reflect the increase in Base Rent. The Owner shall at all times have and maintain two full months' Base Rent as security.

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Newark New Jersey Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent