Deposit Due. If no deposit has been paid upon exchange then the sum which represents 10% of the Purchase Price will at all times remain due to the Seller. If the Deposit which is paid upon exchange is less than 10% of the Purchase Price then the balance of 10% outstanding will at all times remain due to the Seller. In the event of the rescission of this Agreement by the Seller, or the failure to complete this Agreement due to the default of the Buyer, such sum or balance will become a debt due to the Seller by the Buyer, payable on demand.
Deposit Due. The balance of the Purchase Price, in lawful money of Canada, is payable, to the Vendor or as it directs, by certified cheque on the Closing Date and subject to adjustments. At the time of the execution of the Agreement of Purchase and Sale, the Purchaser shall provide the Vendor with a series of post-dated cheques to satisfy all deposit requirements set out above. WEB COPY The Addendum (as hereinafter defined) and the following Schedules attached hereto form part of this Agreement: SCHEDULES A, B, C, E, FT, H, X, Q, S, T, N-C, I, J, K , Statement of Critical Dates and Addendum to Agreement of Purchase and Sale (herein referred to as the Tarion Addendum and Statement of Critical Dates) & Tarion Warranty Information Package for New Homes Date of Offer: Irrevocable Date:
Deposit Due. $0.00 - Not Required. If a deposit is required, unless modified by addenda, the total deposit at the time of execution of this Rental Contract for all clients, is due within 7 days of the date this Rental Contract is signed. Block One Events, Inc.'s management company or representative, shall initially hold your deposit, subject to transfer upon sale or a change in management, as authorized by law. If Block One Events, Inc. sells the property, its compliance with the applicable law, you agree to look solely to any successor of Block One Events, Inc., or to any successor of owner’s agent, broker or manager, as the case may be, for satisfaction of all claims relating to said deposit, and shall not look to Block One Events, Inc. Upon sale or change in management, the client specifically consents to and authorizes the transfer of your deposit to a successor of Block One Events, Inc. or management company.If a deposit is required, client has deposited with Block One Events, Inc. a deposit against the breach by client of any covenants and agreements contained herein, including without limitation: damage to the property of which the event space is a part, common areas and buildings owned by Block One Events, Inc. and surrounding or adjacent areas to the property which the event space is a part; abandonment of the event space; failure to occupy, cleaning charges, insufficient check fees and attorney's fees. It is agreed that Block One Events, Inc. shall initially hold the client's deposit, if any, and refund the balance of the deposit within 30 days after the Rental Contract event end date and time.
