REPAYMENT OF DEPOSIT. Subject as aforesaid the said deposit shall be refunded to the Tenant by the Landlord without interest within thirty days after the expiration or sooner determination of this Agreement and delivery of vacant possession to the Landlord and after settlement of the last outstanding claim by the Landlord against the Tenant for any arrears of rent rates and other charges including reinstatement expenses and for any breach non-observance or non-performance of any of the agreements stipulations terms and conditions herein contained and on the part of the Tenant to be observed or performed whichever shall be the later.
REPAYMENT OF DEPOSIT. Upon termination of the Agreement, (a) SYSTRAN may increase the Deposit percentage to 100%, in its sole discretion, and (b) all other sums that may become due to Customer by SYSTRAN will be included in the Deposit. Any shortfall in the Deposit shall bear interest at the rate of four percent (4%) per month.
REPAYMENT OF DEPOSIT. Without prejudice to the provisions of clause 3.1.1:
3.9.1 in the event that Completion does not occur on the date specified in clause 5.1 or this Agreement is terminated pursuant to clauses 5.4 or 6.1 in each case other than as a result of a material breach by the Buyer of its obligations under schedule 4, the Deposit, along with any interest which has accrued thereon, shall forthwith be repaid to the Buyer and the Seller hereby instructs the Seller’s Lawyers to immediately release the Deposit to the Buyer; and
3.9.2 in the event that Completion does not occur on the date specified in clause 5.1 or is terminated pursuant to clause 5.4 in each case as a result of a material breach by the Buyer of its obligations under schedule 4, the Deposit, and any interest accrued thereon shall be forfeited to the Seller and the Buyer hereby instructs the Seller’s Lawyers to immediately release the Deposit to the Seller.
REPAYMENT OF DEPOSIT shall be refunded to the Tenant by the Landlord within fourteen days after the expiration or sooner determination of the Term and the delivery of vacant possession of the Property to the Landlord or within fourteen days of the settlement of the last outstanding claim by the Landlord against the Tenant in respect of any breach, non-observance or non-performance of any of the agreements, stipulations terms or conditions and on the part of the Tenant to be observed and performed whichever is the later.
REPAYMENT OF DEPOSIT. Subject as aforesaid all deposits shall be refunded to the Tenant by the Landlord without interest within thirty days after the expiration of this Agreement and the delivery of vacant possession to the Landlord or within thirty days of the settlement of the last outstanding claim by the Landlord against the Tenant in respect of any breach non-observance or non-performance of any of the agreements stipulations or conditions herein contained and on the part of the Tenant to be observed and performed or within thirty days after the relevant telecommunication authority has cleared the Tenant’s telephone account whichever is the latest.
REPAYMENT OF DEPOSIT. 27. 1 Should no amount s be owing by the Lessee to the Lessor either f or monies owing and unpaid in terms of this Agreement, or f or the cost s or repair in terms of clause 26. 3, then the Lessor shall pay the f ull amount of the deposit plus any interest thereon to the Lessee within 7 ( sev en) days af ter the termination of this Agreement.
27. 2 Should the Lessor deduct the reasonable cost of repairing damage caused to the Premises or any monies owing by the Lessee in terms of this Agreement f rom the deposit, the Lessor shall pay the balance of the deposit ( if any) and t he interest thereon to the Lessee no later than 14 ( f ourteen) days af ter the restoration of the Premises to the Lessor.
27. 3 Should the Lessee f ail to attend the Outgoing Inspection as contemplated in Clause 26 , the Lessor shall, on termination of the Ag reement, inspect the Premises within sev en ( 7) days f rom the termination date in order to assess any damages or loss which occurred during the Lease Period. W i thout detracting f rom any other r ight or remedy which the Lessor may be entitled to in terms of this Agreement, the Lessor may deduct f rom the Lessee’ s deposit and interest, the reasonable cost of repairing damage to the Premises and the cost of replacing lost keys. The balance of the deposit ( and interest t hereon) shall be ref unded t o the Lessee by the Lessor no later than twenty one ( 21) days af ter the termination.
27. 4 At the request of the Lessee, the Lessor shall make all receipts/ inv oices which indicate the cost of the repairs eff ected in terms of clauses 27. 2 and 27. 3 herein av ailable to the Lessee f or inspection as proof of the costs incurred by the Lessor.
27. 5 Upon f ailure on the side of the lessor to repay the deposit, the lessee shall be entitled to prosecute the matter with any court having jurisdiction on the matter, at the expense o f the
REPAYMENT OF DEPOSIT. In the event of any termination of this Agreement pursuant to Section 9.1, Golden Minerals shall pay to Buyer in immediately available funds (to the account designated by Buyer in writing) the Deposit, together with interest accruing thereon at the rate of 3.0% per annum from the date of termination of this Agreement through the earlier of the date of payment or the Due Date (the “Repayment Amount”). The payment of the Repayment Amount shall be made no later than the date that is 90 days following the date of termination of this Agreement (the “Due Date”). If Golden Minerals has not paid the Repayment Amount prior to the Due Date, then, to the extent permitted by Law, the Rodeo Concessions shall be transferred to Buyer and the Parties shall request the registration of the Transferred Concessions Assignment of Rights (modified as necessary to apply only to the Rodeo Concessions) at the Public Registry of Mining. The assignment of the Rodeo Concessions shall constitute the sole recourse and remedy of Buyer for the failure by Golden Minerals to pay the Repayment Amount and Buyer shall not have any claim for recourse against Sellers with respect to any portion of the Repayment Amount. Notwithstanding the foregoing, if Buyer determines, in its reasonable discretion, that the Rodeo Concessions are not transferable, then the Rodeo Concessions shall not be transferred to Buyer and, in lieu thereof, (a) Golden Minerals shall be obligated to repay the Repayment Amount, together with interest accruing from the day after the Due Date at the rate of 11.0% per annum (or, if lower, the maximum interest rate permitted by applicable Law) in monthly installments equal to the greater of (i) US$257,000 or (ii) 50% of the sum of the “Monthly Lease Payments” and the “Monthly Per Tonne Payments” (each, as defined in the Velardeña Lease) that are payable under the Velardeña Lease (the “Monthly Payments”), and (b) Xxxxxx Xxxxxxx and Buyer shall promptly execute and deliver an assignment agreement directing Minera Hecla, S.A. de C.V. to deliver directly to Buyer the Monthly Payments until the aggregate amount of such payments are equal to the Repayment Amount together with interest accruing from the day after the Due Date at the rate of 11.0% per annum (or, if lower, the maximum interest rate permitted by applicable Law).
REPAYMENT OF DEPOSIT. Effective upon termination of this Agreement, no Deposit will be released to Seller except at SYSTRAN's sole discretion. Effective upon termination, all other sums that may become due to Seller by SYSTRAN will be included in the Deposit. The effective Deposit percentage may be greater than the Deposit percentage set forth in paragraph 4.1. The balance of the Deposit will be repaid to Seller at such time as all Bills are paid in full. In the event that Chargebacks to Seller exceed the amount of Seller's Deposit, none of Seller's Deposit will be repaid and Seller will pay SYSTRAN an amount equal to such excess. Such excess amount shall bear interest at four percent (4%) over prime as announced by SYSTRAN's lender from the date notice of the excess liability is rendered to Seller until payment is received.
REPAYMENT OF DEPOSIT. Without prejudice to the provisions of clauses 3.1.1 and 5.3.3:
3.6.1 in the event that Completion does not occur by the Longstop Time or this agreement is terminated pursuant to clauses 5.5 or 6.3.3, in each case other than as a result of a material breach by the Purchaser of its obligations under part 2 of schedule 4, the Deposit, along with any interest which has accrued thereon, shall forthwith be repaid to the Purchaser; and
3.6.2 in the event that Completion does not occur by the Longstop Time or this agreement is terminated pursuant to clauses 5.5 or 6.3.3 in each case as a result of a material breach by the Purchaser of its obligations under part 2 of schedule 4, the Deposit, along with any interest which has accrued thereon, shall be forfeited to the Seller (the sum forfeited being exclusive of VAT, if any).
REPAYMENT OF DEPOSIT. The Deposit will be returned by means of a credit to the relevant invoice issued on the Pupil’s last day at the School and used, if appropriate, to offset fees or other sums due to the School accrued during the Pupil’s last term.
