Deposit Sample Clauses
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_.
Deposit. Within one (1) business day following the mutual execution and exchange of this Agreement, Buyer shall deposit into Escrow (as defined below) the amount of Seven Thousand One Hundred Forty Three and No/100 Dollars ($7,143.00) (the “Initial Deposit”), in the form of a wire transfer payable to Chicago Title Insurance Company (“Escrow Holder”). Unless this Agreement shall have been terminated pursuant to the provisions hereof prior thereto, no later than three (3) business days after the expiration of the “Due Diligence Period” (as hereinafter defined), Buyer shall deposit with Escrow Holder additional cash or other immediately available funds in the amount of One Hundred Thousand and No/100 Dollars ($100,000) (the “Additional Deposit”, and together with the Initial Deposit and all interest accrued thereon, the “Deposit”). Escrow Holder shall deposit the Deposit in a non-commingled trust account and shall invest the Deposit in an insured, interest bearing money market accounts, certificates of deposit, United States Treasury Bills or such other instruments as directed by Buyer and reasonably acceptable to Existing Owner and interest thereon shall be credited to Buyer’s account and deemed to be part of the Deposit. In the event of the consummation of the purchase and sale of the Property as contemplated hereunder, the Deposit shall be paid to Existing Owner and credited against the Purchase Price on the Closing Date. In the event the sale of the Property is not consummated because of (a) a Seller default, (b) the termination of this Agreement by Buyer in accordance with any right to so terminate provided herein, (c) the failure of any of Buyer’s Closing Conditions (as defined below) to occur or (d) any other reason other than a default by Buyer, then the Deposit shall be immediately and automatically paid over to Buyer without the need for any further action by either Party hereto. The sole remedy for a failure by Buyer to make the Initial Deposit or the Additional Deposit as and when required hereunder shall be for Seller to terminate this Agreement. All references in this Agreement to a “return of the Deposit” shall also be deemed to include a return of the “Deposit” under the “Other Property Purchase Agreements” (as defined herein).
Deposit. Principal Life agrees to accept, and the Agreement Holder agrees to pay or cause to be paid to Principal Life, for value on the Effective Date, the Net Deposit (as specified in the Annex). All funds received by Principal Life under this Agreement shall become the exclusive property of Principal Life and remain a part of Principal Life’s general account without any duty or requirement of segregation or separate investment. This Agreement shall become effective only upon the receipt by Principal Life or its designee of the Net Deposit.
Deposit. All intending bidders are required to deposit with the Auctioneer, prior to the auction sale 10% of the reserve price by BANK DRAFT only in favour of BANK KERJASAMA RAKYAT MALAYSIA BERHAD and the balance of the purchase money to be settled within Ninety (90) Days. Note: Particular of the property was based on Valuation report and facility agreements which to the best of our knowledge is true. However bidder should conduct an official search on the parent title of the subject property at the land office and/or other relevant authorities and not takes the particular as conclusive. The contract shall not become null and void if there are any discrepancies of the particular of the property. For further particulars, please apply to M/S Zulpadli & Edham Solicitors for the Assignee/Bank at Xx. 00, Xxxxx Xxxxxxxxx Xxxxxx, 54000 Kuala Lumpur. (Ref No. ZE/L/BKR/TF/2072/19/BANGSAR BARU) Tel No: 00-00000000, Fax No: 00-00000000, or the under mentioned Auctioneer. Suite B-15-03, 15th Floor, Block B, Megan Avenue 2, (Licensed Auctioneer) 00, Xxxxx Xxx Xxxx Xxxx, 50450 Kuala Lumpur. Tel No: 00-0000000 H/P No: 000-0000000/000-0000000, Fax No: 00-0000000 E-mail: xxxxxxxxxxxxxxx@xxxxx.xxx Web site : xxx.xxxxxxxxxxxxxxx.xxx Our Ref: EZ/LACA/BKRMB/342/2019/MNS/mas BANK KERJASAMA RAKYAT MALAYSIA BERHAD Pihak Pemegang Xxxxx Xxx/Bank XXX XXXXXXXXX XXXXXXX XXXXX ABD RAZAK (NO K/P : 910713-13-5670/T374686) Pihak Penyerah Hak/Pelanggan Menurut kuasa xxx xxx xxxx telah diberikan kepada Pihak Pemegang Serahhak/Bank xxx dibawah Perjanjian Kemudahan Pembiayaan-i Manzili Bertarikh 29hb November, 2016, Surat Ikatan Penyerahan Hak (Secara Sekuriti) Bertarikh 26hb Januari, 2017 diantara Pihak Penyerahhak/Pihak Pelanggan xxx Pihak Pemegang Serahhak/Bank adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Bank dengan dibantu oleh Pelelong yang tersebut dibawah ini akan menjual secara :-
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. The deposit amount is $_DepositAmount_.
Deposit. (i) Concurrently with the execution of this Agreement, Buyer shall deposit, by wire transfer of immediately available funds, $2,000,000 to such accounts as shall be specified by the Sellers’ Representative in writing, with each Seller receiving an amount thereof equal to such Seller’s Proportionate Percentage (the “Deposit”).
(ii) If the Closing occurs, the Deposit shall be credited toward and reduce the Cash Consideration Amount otherwise payable at the Closing.
(iii) If this Agreement is terminated by Buyers or Sellers pursuant to Section 10.1(b) (End Date) or Section 10.1(e) (HSR Date) (except, in each case, in the event the transactions contemplated hereby shall not have been consummated prior to the End Date or HSR Date, as applicable, solely as a result of the failure of the condition to Closing of Buyer set forth in Section 7.1(c) (closing deliverables), Section 7.1(d) (Material Adverse Effect), Section 7.1(g) (title commitment) or Section 7.1(h) (Xxxxx Fargo lien) to have been satisfied or waived) or if this Agreement is terminated by Sellers pursuant to Section 10.1(d) (Buyer or Merger Sub breach or failure to perform), the Deposit shall be forfeited and retained by Sellers free and clear of any claims by Buyer with respect thereto and without prejudice to any other rights or remedies of the Sellers arising out of or relating to such transaction.
(iv) If this Agreement is terminated by Buyers or Sellers pursuant to Section 10.1 under any circumstances other than the circumstances described in Section 1.6(c)(iii) above, each of the Sellers shall, within three Business Days after the date of such termination, pay to Buyer its Proportionate Percentage of the Deposit by wire transfer of immediately available funds to such account as shall be specified by Buyer in writing.
Deposit. At least one (1) Business Day prior to the Closing Date, the Sponsor shall have paid to the Company the purchase price for the Private Placement Warrants, including the deposit of the net proceeds thereof into the Trust Account. If any of the conditions specified in this Section 6 shall not have been fulfilled when and as provided in this Agreement, or if any of the opinions and certificates mentioned above or elsewhere in this Agreement shall not be reasonably satisfactory in form and substance to the Representatives and counsel for the Underwriters, this Agreement and all obligations of the Underwriters hereunder may be cancelled at, or at any time prior to, the Closing Date by the Representatives. Notice of such cancellation shall be given to the Company in writing or by telephone or facsimile confirmed in writing. The documents required to be delivered by this Section 6 shall be delivered at the office of Xxxxxxxx & Xxxxx LLP, counsel for the Underwriters, at 000 Xxxxxxxxx, Xxx Xxxx, XX 00000, on the Closing Date.
Deposit. Buyer has deposited the Bid Deposit amount of $6,250.00 with Seller, which Seller acknowledges has been paid and will be considered part of the purchase price.
Deposit. All intending bidders are required to deposit with the Auctioneer, prior to the auction sale, ten per cent (10%) of the reserve price or a minimum of RM2,000.00 whichever is higher by Bank Draft or Cashier’s Order only in favour of AmBank Islamic Berhad for the a/c of XXXXXXX XXXXX XXX XXXXXX or remit the same through online banking instant transfer latest by 5 pm, at least one (1) working day before auction date. Please refer to the Online Terms and Condition at xxxx.xxxxxxxx.xxx.xx on the manner of payment of the deposit. FOR FURTHER PARTICULARS, please apply M/S Xxxx Xxxxx and Co. Solicitors for the Assignee/Bank, at Xx 00-X, Xxxxxxx 0, Kompleks Seri Temin, Xxxxx Xxxxxxx 00000 Xxxxxx Xxxxxx Xxxxx. [Ref No: AR/AMFB/HL/115/23], Tel No : 00-0000000] or the Auctioneer Xx. 00, 0xx Xxxxx, Xxxxx Xxxxxx Xxxxxx 0, Dalam menjalankan xxx xxx kuasa xxxx telah diberikan kepada Pihak Pemegang Serahhak/Bank dibawah Perjanjian Penbiayaan Kemudahan yang bertarikh 9 haribulan Disember, 2020 xxx Suratikatan Penyerahanhak xxx Surat Kuasa Wakil Kedua-duanya yang bertarikh 7 haribulan Januari, 2021 diantara Pihak Pemegang Serahhak/Bank xxx Pihak penyerahhak/Pelanggan yang diperbuat dalam perkara diatas, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Bank tersebut dengan bantuan Pelelong yang tersebut dibawah Secara alternatif, penawar yang berminat boleh mengemukakan bidaan untuk Hartanah atas talian (“online”) melalui xxxxx web xxxx.xxxxxxxx.xxx.xx (Untuk bidaan atas talian, xxxx daftar sekurang-kurangnya satu (1) hari bekerja sebelum hari lelongan untuk tujuan pendaftaran & pengesahan)PENAWAR ATAS TALIAN ADALAH SELANJUTNYA TERTAKLUK KEPADA TERMA-TERMA XXX SYARAT-SYARAT DI xxxx.xxxxxxxx.xxx.xx
Deposit. 6.1 The Deposit will be paid into a tenancy deposit scheme within the timescales laid out in the Tenancy Deposit Schemes (Scotland) Regulations 2011 (“the Regulations”). No interest shall be paid by the Landlord to the Tenant for the Deposit.
6.2 The Tenant agrees and acknowledges that the Landlord will be entitled to retain sums from the Deposit at the end of this tenancy agreement in respect of:
6.2.1 Any damage, or compensation for damage, to the Accommodation and a share of any damage or compensation for damage to the Common Parts and their respective Contents for which the Tenant may be liable, subject to an apportionment or allowance for fair wear and tear, the age and condition of each and any such item at the start of the Tenancy Period, save that the Deposit may not be used in respect of damage by insured risks and repairs that are the responsibility of the Landlord (save to the extent that the insurance has been invalidated due to the acts of the Tenant [or in respect of any excess]).
6.2.2 The reasonable costs incurred in compensating the Landlord and/or the Agent for, or for rectifying or remedying, any major breach by the Tenant of the Tenant's obligations in this tenancy agreement, including those relating to the cleaning of the Accommodation and the Common Parts and their respective Contents.
6.2.3 Any unpaid accounts for utilities or other similar services or Council Tax incurred at the Accommodation for which the Tenant is liable.
6.2.4 Any Rent, Fees or other money due or payable by the Tenant under this tenancy agreement of which the Tenant has been made aware and which remains unpaid after the end of the tenancy.
6.2.5 Any loss arising as a result of any breach by the Tenant of their obligations in this tenancy agreement (including the Landlord's and Agent's proper and reasonable costs of enforcing or attempting to enforce the Tenant's obligations and the costs of instructing advisers)
6.3 Subject to Clauses 6.1 or 6.2 the Deposit or part of the Deposit, if any, will be refunded to the Tenant within the timescales as laid out in the Regulations. Where the Tenant requests the Landlord to send the Deposit (or the balance of it) to an overseas bank account the Landlord shall be entitled to deduct the sum of £20 from the Deposit to cover the cost of the banking fee and transfer fee incurred by the Landlord. If any of the Deposit is due to be returned at the end of the tenancy, the Landlord will pay the refund to the Tenant, irrespective of ...