Investment of Deposit. If: (1) the Deposit Holder is instructed by either the Seller or the Buyer; and (2) it is lawful to do so; the Deposit Holder must: (3) invest as much of the Deposit as has been paid with any Financial Institution in an interest-bearing account in the names of the parties; and (4) provide the parties’ tax file numbers to the Financial Institution (if they have been supplied).
Appears in 42 contracts
Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land, Contract for Houses and Residential Land
Investment of Deposit. If:
(1) the Deposit Holder is instructed by either the Seller or the Buyer; and
(2) it is lawful to do so; the Deposit Holder must:
(3) invest as much of the Deposit as has been paid with any Financial Institution in an interest-bearing account in the names of the parties; and
(4) provide the parties’ tax file numbers to the Financial Institution (if they have been supplied).
Appears in 5 contracts
Samples: Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme
Investment of Deposit. If:
(1) the Deposit Holder is instructed by either the Seller or the Buyer; and
(2) it is lawful to do so; the Deposit Holder must:
(3) invest as much of the Deposit as has been paid with any Financial Institution in an interest-bearing account in the names of the parties; and
(4) provide the parties’ tax file numbers to the Financial Institution (if they have been supplied).the
Appears in 4 contracts
Samples: Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme
Investment of Deposit. If:
(1) the Deposit Holder is instructed by either the Seller or the Buyer; andand DRAFT
(2) it is lawful to do so; the Deposit Holder must:
(3) invest as much of the Deposit as has been paid with any Financial Institution in an interest-bearing account in the names of the parties; and
(4) provide the parties’ tax file numbers to the Financial Institution (if they have been supplied).
Appears in 2 contracts
Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land
Investment of Deposit. If:
(1) the Deposit Holder is instructed by either the Seller or the Buyer; and
(2) it is lawful to do so; the Deposit Holder must:: DRAFT
(3) invest as much of the Deposit as has been paid with any Financial Institution in an interest-bearing account in the names of the parties; and
(4) provide the parties’ tax file numbers to the Financial Institution (if they have been supplied).
Appears in 1 contract
Investment of Deposit. If:
(1) the Deposit Holder is instructed by either the Seller or the Buyer; and
(2) it is lawful to do so; the Deposit Holder must:
(3) invest as much : Date, the Seller gives the Buyer a valuation of the Deposit Land and Improvements prepared by a registered valuer, in which case the market value of the Land and Improvements will be as has been paid with any Financial Institution in an interest-bearing account stated in the names of the parties; and
(4) provide the parties’ tax file numbers to the Financial Institution (if they have been supplied)valuation.
Appears in 1 contract
