Common use of Governmental Security Deposits Clause in Contracts

Governmental Security Deposits. In the event, prior to or after the Closing Time, a governmental authority or regulatory agency requires as a pre-requisite to or a condition of the transfer of any licence, permit or approval pertaining to the Assets, a security deposit or any kind of monetary payment, such amount shall be paid by the Purchaser as and when due.

Governmental Security Deposits. In the event, prior to or after the Closing Time, a governmental authority or regulatory agency requires as a pre-requisite to or a condition of the transfer of any licence, permit or approval pertaining to the Purchased Assets, a security deposit or any kind of monetary payment, such amount shall be paid by the Purchaser as and when due.

Governmental Security Deposits. In the event, prior to or after the Closing Time, a governmental authority or regulatory agency requires as a pre-requisite to or a condition of the transfer of any licence, permit or approval pertaining to the Assets, a security deposit or any kind of monetary payment, such amount shall be paid by the Purchaser as and when due.

Governmental Security Deposits. In the event, prior to or after the Closing Time, a governmental authority or regulatory agency requires as a pre-requisite to or a condition of the transfer of any licence, permit or approval pertaining to the Assets, a security deposit or any kind of monetary payment, such amount shall be paid by the Purchaser to Vendor as and when due.

Governmental Security Deposits. In the event, prior to or after the Closing TimeDate, a governmental authority or regulatory agency Governmental Authority requires as a pre-pre- requisite to or a condition of the transfer of any licencelicense, permit or approval pertaining to the Assets, a security deposit or any kind of monetary payment, such amount shall be paid by the Purchaser Party whose circumstances trigger the requirement for such payment as and when due.

Governmental Security Deposits. In the event, prior to or after the Closing TimeDate, a governmental authority or regulatory agency requires as a pre-requisite to or a condition of the transfer of any licencelicense, permit or approval pertaining to the Partnership or to the Assets, a security deposit or any kind of monetary payment, payment such amount shall be paid by the Purchaser Purchasers as and when due.