Cash and Deposits Sample Clauses
The 'Cash and Deposits' clause defines how cash holdings and deposit accounts are treated within the context of the agreement. It typically outlines the rights and responsibilities of the parties regarding the management, use, or segregation of cash and deposited funds, and may specify requirements for maintaining certain balances or restrictions on withdrawals. This clause ensures clarity and security over the handling of monetary assets, reducing the risk of disputes or mismanagement.
Cash and Deposits. All right, title and interest of Mortgagor in and to all utility, escrow and other deposits now or hereafter relating to the Immovable Property or the operation thereof.
Cash and Deposits. Cash-on-hand or in banks (or their equivalents) and other investments belonging to Seller and relating to the operation of the Station as of the Closing Date.
Cash and Deposits. All monies received by Custodian from or for the Account of a Fund shall be credited to said Account, barring events not in control of Custodian including strikes, lockouts or labor disputes, riots, war or equipment or transmission failure or damages, fire, flood, earthquake or other natural disaster, action or inaction of governmental authority or other causes beyond its control, at 8:00 a.m., Eastern time, on the next business day after deposit of any check into such Account, and will be available for withdrawal by Trust in the form of Federal Funds. Custodian may open and maintain an account in such other banks or trust companies as may be designated by Custodian, such account, however, to be in the name of the applicable Fund and subject only to the Custodian's draft or order. Any cash maintained by Trust with Custodian under this Agreement with respect to a particular Fund, wherein there is deposited cash, interest, dividends or the proceeds of security sales, shall be deemed to be a part of the Account for such Fund and shall be subject to all of the other terms and provisions of the Agreement.
Cash and Deposits. All of Seller’s: (i) cash on hand or in bank accounts and any other cash equivalents; and (ii) deposits with vendors, landlords, utilities, and the like (collectively, “the Cash”).
Cash and Deposits. All cash on hand and in accounts deposits and prepayments of Seller.