Supplemental Security Deposit Amount

Example Definitions of "Supplemental Security Deposit Amount"
Supplemental Security Deposit Amount. Zero; provided, however, that if, at any time during the Term, the Pending Litigation Matter shall be scheduled for trial and there has been a final certification of a collective action under the Fair Labor Standards Act, the Supplemental Security Deposit Amount shall be increase to $570,636.36; provided, further that if, in connection with the Pending Litigation Matter, (i) a final, non-appealable order or judgment declaring that the defendant has no liability is issued, (ii) said matter is... dismissed with prejudice and no payment is made by any defendant in connection with such dismissal or (iii) Lender permits the Supplemental Security Deposit Amount to be reduced to zero, then, the Supplemental Security Deposit Amount shall thereupon become zero. View More Arrow
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