Corpus Deposit Sample Clauses

Corpus Deposit. An interest free corpus deposit calculated at the rate of Rs /- (Rupees ) per Cottah (“Corpus Deposit”) for the Bungalow shall be paid by the Allottee/Transferee to the Promoter/Transferor, on or before a date to be notified by the Promoter/Transferor which date shall not be a date later than the Possession Date. The amount of such Corpus Deposit payable shall be intimated by the Promoter/Transferor on or before possession date. The Corpus Deposit shall be used by the Promoter/Transferor /Maintenance Company/Association for repair of the Project provided therein. Notwithstanding the above, the Promoter/Transferor reserves the right to utilize this deposit to adjust any realizable dues from the Allottee/Transferee. The unused portion of the Corpus Deposit shall be transferred to the Association without interest when incorporated.
Sample 1Sample 2
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Corpus Deposit. An interest free corpus deposit calculated at the rate of Rs. /‐
Sample 1
Corpus Deposit. An interest free corpus deposit calculated at the rate of Rs. /- (Rupees …………………. only) per square feet of the constructed area of the Apartment (“Corpus Deposit”) for the Apartment shall be paid by the Allottee to the Promoter, on or before a date to be notified by the Promoter which date shall not be a date later than the Possession Date. The amount of such Corpus Deposit payable shall be intimated by the Promoter on or before possession date. The Corpus Deposit shall be used by the Promoter /Association for repair of the Project or equipments provided therein. Notwithstanding the above, the Promoter reserves the right to utilize this deposit to adjust any realizable dues from the Allottee. The unused portion of the Corpus Deposit shall be transferred to the Association without interest when incorporated.
Sample 1
Corpus Deposit. An interest free corpus deposit calculated at the rate of Rs /- (Rupees ...............) per squar e fee t of th e saleable area of the Plot (“Corpus De posit”) shall be paid by the Allottee/Transferee to the Promoter/Transferor, on or before a date to be notified by the Promoter/Transferor which date shall not be a date later than the Possession Date. The amount of such Corpus Deposit payable shall be intimated by the Promoter/Transferor on or before possession date. The Corpus Deposit shall be used by the Promoter/Transferor/Mainte xxxxx Com pan y / A s s o c i a t i o n f o r repair of the Project provide d therein. Notwithst and ing the a bov e, the Promoter/Tr ansferor reserves the right to utilize this deposit to adjust any realizable dues from the Allottee/Transferee. The unused portion of the Corpus Deposit shall be transferred to the Association without interest when incorporated. SCHEDULE 5 (“Common Expenses”) The expenses of the Common Portions mentioned herein will be proportionately shared by the Allottee/Transferee with all the other Allottee/Transferees as follows:
Sample 1
Corpus Deposit. An interest free corpus deposit calculated at the rate of Rs. /- (Rupees . . . . . . . . . . . . . . . ) per squar e fee t of th e saleable area of the Plot (“Corpus De posit”) shall be paid by the Allottee to the Promoter, on or before a date to be notified by the Promoter which date shall not be a date later than the Possession Date. The amount of such Corpus Deposit payable shall be intimated by the Promoter on or before possession date. The Corpus Deposit shall be used by the Promoter/Mainte xxxxx Com pan y / A s s o c i a t i o n f o r repair of the Project provide d therein. Notwithst and ing the a bov e, the Promoter reserves the right to utilize this deposit to adjust any realizable dues from the Allottee. The unused portion of the Corpus Deposit shall be transferred to the Association without interest when incorporated.
Sample 1
Corpus Deposit. An interest free corpus deposit calculated at the rate of Rs. /- (Rupees .................) per square feet of the constructed area of the Apartment (“Corpus Deposit”) shall be paid by the Allottee/Transferee to the Promoter/Transferor, on or before a date to be notified by the Promoter/Transferor which date shall not be a date later than the Possession Date. The amount of such Corpus Deposit payable shall be intimated by the Promoter/Transferor on or before possession date. The Corpus Deposit shall be used by the Promoter/Transferor /Maintenance Company/Association for repair of the Project provided therein. Notwithstanding the above, the Promoter/Transferor reserves the right to utilize this deposit to adjust any realizable dues from the Allottee/Transferee. The unused portion of the Corpus Deposit shall be transferred to the Association without interest when incorporated.
Sample 1

Related to Corpus Deposit

  • Initial Deposit On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account according to Section 4.1 of the Exchange Note Sale Agreement.

  • Deposit A deposit totaling 35% of the agreed upon Total Amount is due with acceptance of rental agreement. Payment of deposit shall be deemed as acceptance of this rental agreement. Payment may be made by traveler's checks, bank money order, wire transfer, or certified check or major credit card. Personal checks will be accepted upon approval; if funds are not credited within Ten days booking will be cancelled. The deposit amount is $_DepositAmount_.

  • Reservation Deposit A deposit totaling 35% of the agreed upon total amount is due with acceptance of rental agreement. Payment of deposit shall be deemed as acceptance of this rental agreement. Payment may be made by major credit card service offered by WPVP at time of reservation. We accept VISA or MASTERCARD.

  • Reserve Account (a) On the Closing Date, the Seller shall deposit the Specified Reserve Balance into the Reserve Account. Amounts held from time to time in the Reserve Account shall be held by the Trust Collateral Agent for the benefit of the Noteholders.

  • Mobile Deposit Security You will complete each deposit promptly. If you are unable to complete your deposit promptly, you will ensure that your mobile device remains securely in your possession until the deposit has been completed. It is your responsibility to establish and maintain procedures to safeguard against unauthorized deposits. You will notify us immediately by telephone with written confirmation if you learn of any loss or theft of original checks. You will ensure the safety and integrity of original checks from the time of receipt until the time of destruction. If warranted in our reasonable judgment, we may audit and monitor you, and you agree to cooperate with us to permit such monitoring, to confirm that you have satisfied your obligations under this Agreement.

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.”

  • Escrow Account 31.1.1 The Concessionaire shall, prior to the Appointed Date, open and establish an Escrow Account with a Bank (the “Escrow Bank”) in accordance with this Agreement read with the Escrow Agreement.

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