Deposit Payment. Concurrent with the execution of this Agreement by the Buyer and as consideration for this Agreement, Buyer shall deliver its check in the amount of ($500.00), to be deposited after acceptance (hereinafter referred to as the "Deposit") to The Xxxxx Law Firm, LLC, 00 Xxxxx Xxxxx Xxxxxx, Xxxxxxxxxxx, Xxxxxxx 00000, which firm shall serve as the "Escrow Agent" pursuant to the terms of this Agreement. The Escrow Agent is directed to hold the Deposit as escrowed funds in an FDIC insured, non-interest-bearing account (the "Account"), at Xxxxxx Community Bank, Brooksville, Florida. Seller and Xxxxx hereby agree to hold Escrow Agent harmless for any loss of escrowed funds, including the Deposit and interest earned thereon, for any {00264319} reason whatsoever or for loss of interest caused by any delay in the deposit or early withdrawal of the Deposit from the Account; provided, however, that Escrow Agent shall be liable for its fraud, willful misconduct and gross negligence. In the event that the transaction contemplated by this Agreement is closed on the Closing Date (as hereinafter defined), the Deposit shall be released by Escrow Agent to Seller at Closing (as hereinafter defined) and shall be applied to amounts owed to Seller by Buyer. In the event that the Closing is not held on the Closing Date, Escrow Agent shall pay the Deposit to Buyer or Seller, as the case may be, in accordance with the provisions of this Agreement. The enforceability of this Agreement is wholly contingent upon the approval of this Agreement by the Sumter County Board of County Commissioners and execution by the Chairman of that Board evidencing such approval after a properly noticed public hearing, as mandated by Chapter 125.355, Florida Statutes. However, all dates and timelines herein shall run from the Execution Date. For purposes of this Agreement, the “Execution Date” is the date this Agreement is executed by the County Administrator and the Buyer, whichever is later). Should the Board of County Commissioners fail to approve this Agreement, Xxxxx’s deposit shall be returned in full and Buyer shall have no further obligations hereunder.
Deposit Payment. Xxxxxx agrees to pay a Deposit of 50% of the Total Rented Function Space(s) when signing this agreement. The balance of Rental Payment is due sixty days prior to the event. The Refundable Damage Deposit of $1000 is also due sixty days prior to the event. The Damage Deposit covers damage to property and violation of policies in this agreement.
Deposit Payment. Upon execution of this Agreement, Subscriber shall pay a $300.00 deposit per Subscription Unit ($150 per half Unit). Subscriber’s deposit is refundable provided that a written request is received by the Cooperative prior to the first Solar Credit (as described in Article IV below) appearing on Subscriber’s electric xxxx. The balance may be paid in equal monthly installments, with the last payment due no later than December 31, 2021.
Deposit Payment. Marquette shall not make an advance payment or deposit nor post bond. Marquette shall pay the Total Compensation set forth above via a single check upon completion of the performance. If the Speaker Agreement is not received by Marquette at least ten working days prior to the Engagement, payment will be mailed to Speaker after the event.
Deposit Payment. 7.1. The Customer shall be obliged to pay to the Supplier an amount in lieu of deposit, to ensure repayment of any future debts incurred by Consumption Bills, equal to the estimated Consumption Xxxx for electricity supply of thirty (30) days (including any applicable taxes), which shall amount to at least €50. Deposit payment shall take place upon the parties’ consent, with the Customer paying the amount either upon the signing hereof, or upon issuance of the first Consumption Xxxx. The deposit amount may exceptionally amount to the estimated sum total of three (3) consecutive Consumption Bills in the case of Clients for whom there has been submitted at least twice a statement of deactivation of load meter owing to overdue debts during the last twelve
Deposit Payment. A non-refundable deposit of $400 for groups spending $750 or less and an $800 for groups spending over $750 is required (Initials Required). Unless satisfactory credit has been arranged in advance, payment in full, less the deposit, will be required 72 hours in advance of the event. Cash or credit cards will be accepted for this payment. If payment is made with MasterCard or Visa, an additional 3% will be added to the final xxxx. Complete the Credit Card Waiver Attached (Initials Required) Deposits do not apply to University events.
Deposit Payment. Deposit payment is generally 10% of the purchase price which will be paid to the Seller’s Solicitor / Conveyancer’s Statutory Trust Account once the official Contract of Sale has been signed.
Deposit Payment. There shall be no Deposit required with the execution of this Agreement by Sumter County.
Deposit Payment. 7.1. The Customer shall be obliged to pay to the Supplier an amount in lieu of deposit, to ensure repayment of any future debts incurred by Consumption Bills, equal to the estimated Consumption Xxxx for electricity supply of thirty (30) days (including any applicable taxes), which shall amount to at least €100. Deposit payment shall take place upon the parties’ consent, with the Customer paying the amount either upon the signing hereof, or upon issuance of the first Consumption Xxxx. The deposit amount may reach the estimated amount of four (4)
Deposit Payment. 17 3.1 Deposit ...................................................................................................................17
