Direction to Deposit Holder. The Buyer irrevocably authorises the Seller to direct the Deposit Holder: (a) to lodge the deposit as soon as possible after the Contract Date with a bank nominated by the Seller in an interest bearing trust account at call in the Deposit Holder’s name as stakeholder; and (b) to withdraw the deposit and pay the interest earned in accordance with this special condition 6.
Appears in 4 contracts
Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land, Contract for Houses and Residential Land
