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. (2) Subject as aforesaid the said deposit shall be refunded to the Tenant by the Landlord without interest within fifteen (15) days after the expiration of this Agreement and the delivery of vacant possession to the Landlord or within fifteen (15) 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 terms or conditions herein contained and on the part of the Tenant to be observed and performed whichever is the later.
REPAYMENT OF DEPOSIT. Without prejudice to the provisions of clause 3.1.1:
REPAYMENT OF DEPOSIT. Subject as aforesaid the Deposit shall be returned to the Tenant by the Landlord without interest within thirty (30) days after the expiration or sooner determination of this Agreement and delivery of vacant possession to the Landlord subject to after settlement of the outstanding claim by the Landlord against the Tenant for any arrears of rent Government Rent rates and other charges 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.
REPAYMENT OF DEPOSIT. 9.3 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. SECTION X REGULATIONS
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.
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.
REPAYMENT OF DEPOSIT. Name and Surname ID Number Address Tel Email Banking details: Acc Name Bank Acc Nr Branch Code Type Acc Fax nr PART 3 PARTICULARS OF DEPOSIT REPAYMENT Deposit Held back Levies outstanding Balance paid SIGNATURE DATE HOUSE CONNECTIONS
REPAYMENT OF DEPOSIT. Section 1.2(a) of the Agreement is amended by deleting the words “On the date of receipt of $38,113,534.95 or as soon thereafter as reasonably possible,” and replacing them with the following: “On the Closing Date or as soon as reasonably possible thereafter,” Closing. Article II of the Agreement is amended and renumbered as follows: The words “(other than those conditions customarily taken and completed on the Closing Date)” are inserted between the words “conditions” and “to” and Article II is renumbered as Section 2.1. The following is inserted as a new Section 2.2 in the Agreement: “The documents, deeds and agreements to be delivered at or prior to Closing pursuant to Section 5.2 and Section 6.2 (collectively, “Deliverables”) shall be signed and delivered to Xxxxxxxx Xxxx Advogados at the address stated in Section 2.1 by 8:00 a.m. Brasilia time on the Closing Date. The parties agree and acknowledge that Xxxxxxxx Neto Advogados shall hold the Deliverables in escrow as escrow agent until Sellers receive notice from the receiving bank that the Deposit and the Dollar Equivalent of the Closing Cash Consideration and the Dollar Equivalent of the Preliminary Working Capital Payment have all been received in the accounts identified at Exhibit C of the Agreement (“Receipt of Payment”). Until Receipt of Payment, such amount due to the Sellers on the Closing Date shall remain the irrevocable property of Buyer. Immediately upon Receipt of Payment, the Deliverables shall be automatically released from escrow and the Deliverables owed to each party shall become the property of the respective parties at such time. Upon Receipt of Payment, the parties are irrevocably barred from attempting to rescind the transactions that are the subject of the Agreement.”
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).
