Electricity Security Deposit Sample Clauses
Electricity Security Deposit. B▇▇▇▇ agrees to have a cash deposit or bond available at closing to fund the Buyer’s security deposit as required by the utility provider for the existing 45 MWs available at North Range.
Electricity Security Deposit. The Allottee shall deposit with the Promoter, in advance, an interest free amount as may be so demanded by the Promoter or its nominees, as the case may be. being the amount payable by the Allottee towards its proportionate share of the total security deposit paid by the Promoter/its nominated agency to the concerned authorities, in respect of the concerned authorities providing the electricity line and/or sub-station in the Mall. All increase/enhancement/further demand of such deposit by the concerned authorities from time to time will also be proportionately borne and paid by the Allottee to the Company or to its nominated agency.