Deposit Amount Sample Clauses

Deposit Amount. The Landlord can collect a security deposit to hold for the duration of the Tenant’s stay as insurance against any accidental or intentional damage to the property caused by the Tenant. If the lease naturally expires with no such damages then the Landlord must return this held money according to the timeline set by the state where the property is located. The dollar amount to be collected will need to be presented in this document before signing and is also dependent upon the statutes of the state where the property is located. Defaults

Deposit Amount. A refundable deposit of

Deposit Amount. Not later than 5:00 p.m. (Eastern Standard Time) on the Business Day immediately following the entry of the Bidding Procedure Order on the Bankruptcy Court’s docket, Buyer Parent shall deliver to the Escrow Agent pursuant to the terms of the Deposit Escrow Agreement $9,500,000 in immediately available funds (such amount, together with the interest accrued thereon prior to the Closing, the “Deposit Amount”), to be held by the Escrow Agent in an interest bearing account reasonably acceptable to Buyer Parent to serve as an exxxxxx money deposit under this Agreement, and to be released in accordance with the following procedures (which procedures will be set forth in the Deposit Escrow Agreement): 3.1.1 On the Closing Date, Delphi and Buyer Parent will jointly instruct the Escrow Agent to deliver the Deposit Amount at Closing, by wire transfer of immediately available funds, to an account designated by Buyer Parent in the Deposit Escrow Agreement, to be retained by Buyer Parent; 3.1.2 Upon any termination of this Agreement by Delphi in accordance with Section 9.1.4, Delphi and Buyer Parent will jointly instruct the Escrow Agent to deliver the Deposit Amount, in accordance with the terms of the Deposit Escrow Agreement, by wire transfer of immediately available funds, to an account designated by Delphi in the Deposit Escrow Agreement, to be retained by Delphi; or 3.1.3 Upon termination of this Agreement by Buyers in accordance with any provision of Article 9 other than Section 9.1.4 or for any reason other than a Buyer breach, then Delphi and Buyer Parent will jointly instruct the Escrow Agent to deliver the Deposit Amount, in accordance with the terms of the Deposit Escrow Agreement, by wire transfer of immediately available funds, to an account designated by Buyer Parent in the Deposit Escrow Agreement, to be retained by Buyer Parent. The Deposit Amount is not property of the bankruptcy estate as that term is defined under 11 U.S.C. § 541(a) and shall not become property of any of the Filing Affiliates’ bankruptcy estates at any time until released to Delphi. No liens or Encumbrances shall attach to the Deposit Amount until released to Delphi.

Deposit Amount. The Landlord can collect a security deposit to hold for the duration of the Tenant’s stay as insurance against any accidental or intentional damage to the property caused by the Tenant.

Deposit Amount. Lessee shall deposit with the District a Security Deposit in the sum equivalent to three month’s Rent, initially Four Thousand Five Hundred and 00/100ths Dollars ($4,500.00). Such deposit shall be in the form of an irrevocable, automatically renewing, bank letter of credit, performance bond obtained from a company that has an A.M. Best’s rating of no less than A:VII or other security satisfactory to the District, in a form approved by the Chief. Upon notice from the Chief, this requirement may be removed until such time that a Security Deposit is required from Lessee. Documents evidencing this deposit must provide that the same shall remain in full force and effect for a period extending two months following any termination or cancellation of this Agreement as herein provided. At all times upon request of District, Lessee will increase the amount on deposit with District to an amount equivalent to at least three months of monthly rental payment due.

Deposit Amount. Upon execution of this Agreement, Purchasers will deliver to Xxxxxxx Xxxxxxx, Esq., as escrow agent (the "Escrow Agent"), an amount in cash equal to $1,500,000 (the "Deposit Amount"), by wire transfer of immediately available funds to the account of the Escrow Agent set forth in Section 10 of the escrow agreement being entered into on the date hereof by and among the Partners, Purchasers and the Escrow Agent, in the form of Exhibit A hereto (the "Escrow Agreement"). At the Closing, the Escrow Agent shall deliver the Deposit Amount to the Partners, and the Partners shall apply the Deposit Amount towards payment of the Merger Consideration.

Deposit Amount. At the time the reservation is made, you must determine the deposit amount based on the intended length of stay (which, for the purposes of this clause, shall not exceed 14 nights’ lodging). The deposit amount must be applied to the Cardholder’s total obligation.

Deposit Amount. Purchaser represents and warrants that it has delivered to the Deposit Escrow Agent, pursuant to the terms of the Deposit Escrow Agreement, $10,000,000 in immediately available funds (such amount, together with the interest accrued thereon prior to the Closing, the “Deposit Amount”) to be held by the Deposit Escrow Agent in an interest bearing account reasonably acceptable to Purchaser and Sellers to serve as an xxxxxxx money deposit under this Agreement, and to be released in accordance with the following procedures:

Deposit Amount. During the life of the Lease, the successful Proposer is required to maintain a deposit calculated at one‐half (1/2) of the MAG, as may be adjusted pursuant to the Lease.

Deposit Amount. Deposit Amount 5.6.1 Immediately prior to Signing, the Purchasers have procured the deposit of an amount of USD 200,000,000 (two hundred million US dollars) (the “Deposit Amount”) in cash into the Escrow Account as a security deposit against: (a) satisfaction of the liabilities of the Purchasers under Clause 10.16, including the Default Payment Fee payable by the Purchasers to the Seller under this agreement; and (b) payment of the Estimated Purchase Price at Completion of the Transaction, and the Parties have for this purpose entered into an escrow agreement with the Escrow Agent, which is attached hereto as Schedule 19 (Escrow Agreement) (the “Escrow Agreement”). 5.6.2 Any escrow fees related to the opening and keeping in place of the Escrow Account and payments to be made from the Escrow Account, shall be borne by the Purchasers. Any interest accrued on the Deposit Amount will be for the Purchasers. 5.6.3 Subject to Clause 10.16.3, at Completion any Deposit Amount remaining in the Escrow Account may be used by the Purchasers for the purpose of payment of the Estimated Purchase Price in accordance with Clause 6.2.1(c). 5.6.4 The Deposit Amount will, to the extent not paid out in accordance with the terms of this agreement, be held in the Escrow Account until fifteen (15) Business Days after the date of termination of this agreement for whatever reason. Any Deposit Amount remaining in the Escrow Account as at the date fifteen (15) Business Days after the date of termination of this agreement shall be returned to the Purchasers pursuant to the Escrow Agreement, unless the Seller notifies the Purchasers in writing within fifteen (15) Business Days after the date of the termination of this agreement that it claims payment of an amount pursuant to Clause 5.6.1(a), in which event only the amount of the Deposit Amount in excess of such claimed amount will be returned to the Purchasers.