Commitment Deposit. [Intentionally Deleted.] ------------------
Commitment Deposit. 3.1 As security for the performance of any of its obligations pursuant to the Heads of Terms dated 11 April 2016 (HoT) and this Agreement, the Purchaser has made a payment of EUR 2,570,000 (two million five hundred and seventy thousand euro) to Seller (the Commitment Deposit), subject to the terms and conditions of the Escrow Agreement.
Commitment Deposit. Simultaneously with the execution of the Lese Agreement, Tenant has deposited with Landlord a sum equal to one month's Minimum Rent (the "Commitment Deposit"). Said Commitment Deposit shall be retained by the Landlord and applied to the first monthly installment of Rent coming due hereunder. In the event that the Original Term does not commence due to the failure on the part of the Tenant, Landlord shall be entitled to retain the Commitment Deposit and pursue all other legal rights and equitable remedies against the Tenant. In the event that the Original Term does not commence due to the failure on the part of the Landlord, Landlord shall promptly refund the Commitment Deposit to the Tenant and Tenant may pursue all other legal rights and equitable remedies against the Landlord.
Commitment Deposit. In consideration of the execution of this Lease by Landlord, upon the full execution and delivery of this Lease by both of the parties hereto, Tenant shall pay to Landlord Two Hundred Thirty Thousand Nine Hundred Sixty-eight and 75/100 Xxxxxxx ($230,968.75) (the "Commitment Deposit"), which amount will be credited by Landlord against the first due installments of Base Rent due hereunder following the Commencement Date.
Commitment Deposit. Upon the Borrower's acceptance of this Commitment, the Borrower and/or the Key Principals shall pay to the Lender the Commitment Deposit identified above. The Commitment Deposit shall be applied against the Financing Fee described in paragraph 12.5
Commitment Deposit. In consideration of the execution of this Lease by Landlord, Tenant has paid to Landlord, and Landlord hereby acknowledges receipt of the Commitment Deposit amount specified in the Lease Summary (the "Commitment Deposit"). Upon Tenant's timely taking possession of the Premises, the Commitment Deposit shall be applied to the monthly installment(s) of Base Rental first becoming due hereunder. Should Tenant fail to take timely possession of the Premises as aforesaid, the Premises having been readied for Tenant's possession as provided in this Lease, the Commitment Deposit shall be retained by Landlord for application in reduction, but not in satisfaction, of damages suffered by Landlord as a result of Tenant's failure to take possession in a timely manner.
Commitment Deposit. In consideration of the execution of this Lease by Landlord, Tenant shall pay to Landlord, concurrently with Tenant’s execution and delivery hereof, the Commitment Deposit amount specified in the Lease Summary (the “Commitment Deposit”). Notwithstanding anything to the contrary in this Lease, upon the occurrence of the actual Commencement Date, the Commitment Deposit shall be applied to the monthly installment(s) of Base Rental first becoming due hereunder. In the event that a Default occurs under the Lease before such Commitment Deposit is applied to Base Rental, the Commitment Deposit may be retained by Landlord for application in reduction, but not in satisfaction, of damages suffered by Landlord as a result of the Default.
Commitment Deposit. [Intentionally deleted.]
Commitment Deposit. Borrower shall remit a deposit of $5,000 (.25% of Total Commitment) to Lender in good faith upon acceptance of this commitment by signature below. This deposit will be applied first to a documentation fee of $2000, and then pro rata, to the first Monthly Payment on each Equipment Schedule until fully utilized.
Commitment Deposit. A non-refundable deposit of $200 is required for each returning student in all fully enrolled programs in order to secure a space in the class. This deposit is due in January (PS/KG) and February 28 (Grades 1-12).
