Common use of Refundable Security Deposit Clause in Contracts

Refundable Security Deposit. the Broadcaster may require the Operator to pay such amount as may be determined by the Broadcaster from time to time, for each digital satellite receivers/integrated receiver decoder provided by the Broadcaster, to the Operator under this Agreement. Such refundable security deposit amount shall be refunded by the Broadcaster to the Operator upon expiry or earlier termination of the Agreement, subject to the Operator returning the digital satellite receivers/integrated receiver decoder in perfect working condition (reasonable wear and tear acceptable) and also subject to the Broadcaster, setting off the refundable security deposit amount, or part thereof, with any amount receivable by the Broadcaster from the Operator on such date of expiry or termination of the Agreement.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

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Refundable Security Deposit. the Broadcaster may require the Operator to pay such amount as may be determined by the Broadcaster from time to timetime and communicated to the Operator, for each digital satellite receivers/integrated receiver decoder provided by the Broadcaster, Broadcaster to the Operator under this Agreement. Such refundable security deposit amount shall be refunded by the Broadcaster to the Operator upon expiry or earlier termination of the Agreement, subject to the Operator returning the digital satellite receivers/integrated receiver decoder in perfect working condition Equipment (reasonable wear and tear acceptable) and also subject to the Broadcaster, Broadcaster setting off the refundable security deposit amount, or part thereof, with any amount receivable by the Broadcaster from the Operator on such date of expiry or termination of the Agreement.

Appears in 1 contract

Samples: Subscription Agreement

Refundable Security Deposit. the Broadcaster may require the Operator to pay such amount as may be determined by the Broadcaster from time to time, for each digital satellite receivers/integrated receiver decoder provided by the Broadcaster, to the Operator under this Agreement. Such refundable security deposit amount shall be refunded by the Broadcaster to the Operator upon expiry or earlier termination of the Agreement, subject to the Operator returning the digital satellite receivers/integrated receiver decoder in perfect working condition (reasonable wear and tear acceptable) and also subject to the Broadcaster, Broadcaster setting off the refundable security deposit amount, or part thereof, with any amount receivable by the Broadcaster from the Operator on such date of expiry or termination of the Agreement.

Appears in 1 contract

Samples: Subscription Agreement

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Refundable Security Deposit. the Broadcaster may require the Operator to pay such amount as may be determined by the Broadcaster from time to timetime and communicated to the Operator, for each digital satellite receivers/integrated receiver decoder provided by the Broadcaster, Broadcaster to the Operator under this Agreement. Such refundable security deposit amount shall be refunded by the Broadcaster to the Operator upon expiry or earlier termination of the Agreement, subject to the Operator returning the digital satellite receivers/integrated receiver decoder in perfect working condition Equipment (reasonable wear and tear acceptable) and also subject to the Broadcaster, Broadcaster setting off the refundable security deposit amount, or part thereof, with any amount receivable by the Broadcaster Broadcaster, from the Operator on such date of expiry or termination of the Agreement.

Appears in 1 contract

Samples: Subscription Agreement

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