We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Refund of Deposit Clause in Contracts

Refund of Deposit. The Deposit will only be refunded to the Purchaser if the sale of the Aircraft does not take place because of: (a) a default by the Seller under clause 4.4 or clause 11.3; or (b) a Force Majeure Event; or

Appears in 4 contracts

Samples: Aircraft Sale Agreement, Aircraft Sale Agreement (Air Transport Services Group, Inc.), Aircraft Sale Agreement (Air Transport Services Group, Inc.)