Sale Deposit Sample Clauses

Sale Deposit. If you are the Highest Bidder, you agree that you will pay the sale deposit shown on the Property Details Page not later than the business day following the date of the Auction, or otherwise in accordance with the requirements described on the Website or established by the PSO. You agree that if a required sale deposit is not shown or the amount shown is incorrect, the PSO may correct the error and require you to pay the correct amount of the sale deposit. The methods of payment are limited to completing a wire transfer to the title company by close of business the business day following the auction. If the sale deposit payment is not remitted for any reason, you agree that you will be in default on your obligation to purchase the Property and may be subject to contempt of court or other consequences set forth in section 2329.30 of the Ohio Revised Code or elsewhere in this Auction Agreement.
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Sale Deposit. Concurrent with the execution and delivery of this Agreement and the Bid, Buyer is delivering to the Trustee a deposit (the “Sale Deposit”) in the form of a certified check in the amount of One Hundred Thousand Dollars ($100,000) payable to the order of the Bankruptcy Estate of Cascade Grain Products, LLC, which deposit shall be held by the Trustee in escrow in a segregated account. In the event the Closing does not occur due to a valid termination of this Agreement by Buyer under Section 11.02 or Article VIII or if Xxxxx’s Bid is neither the winning bid at the Auction nor accepted by the Trustee as a back-up offer after the Auction, as described in Section 11.01, then the Sale Deposit shall be returned to Buyer. In the event that the Closing does not occur due to a default by Buyer of this Agreement, Buyer shall forfeit all rights to the Sale Deposit, and the Sale Deposit proceeds shall be retained by the Trustee for the benefit of the Debtor.
Sample 1

Related to Sale Deposit

  • Initial Deposit On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account according to Section 4.1 of the Exchange Note Sale Agreement.

  • Mobile Deposit The Mobile Deposit feature enables you to use a software application together with your Wireless Access Device to create electronic images of the front and back of certain Original Checks (defined below) and transmit those images and other information, including, without limitation, information captured from the magnetic ink character recognition (“MICR”) line, to us for review and processing in accordance with this Agreement.

  • Purchase Price; Deposit (a) The purchase price for the Property is AND 00/100 DOLLARS ($ ) (the “Purchase Price”), payable as follows:

  • BIDDING DEPOSIT Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) Berhad for the a/c of IKHMAS JAYA SDN BHD, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher. Online Bidders are subject to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx for the manner of payment of the deposit.

  • Refundable Deposit We may require that you provide us with a refundable deposit, which will be specified at the time of your order We may also require an additional deposit after activation of the Service if you fail to pay any amounts when due. Within ninety (90) days after termination of your Service, we -will return your Subscriber Deposit, less any unpaid amounts due on your account, including any amounts owed for unreturned or damaged Equipment. Amounts held on deposit will not accrue interest except as required by law.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (000) 000-0000. This does not apply to transactions occurring outside the United States.

  • The Deposit The Tenant shall pay to Choose an item £0.00 (zero pounds) in cleared funds not less than 72 hours prior to the commencement of this Tenancy as a Deposit*. The Deposit to be held by the Choose an item as Stakeholder. At the end of the Tenancy the Landlord’s Agent shall return the Deposit to the Tenant subject to the rules set out in this Agreement. *Funds to include the first rental payments and the Deposit monies (if any) are required as cleared funds not less than 72 hours before the Landlord’s Agent is due to Complete this Tenancy Agreement. Upon the Landlord’s Agent Completing this Agreement it becomes legally binding on the parties. Payment can be made via our on-line payment facility, «D0000_11590_0#Property_Branding_Portal_U». Alternatively, please see Terms and Conditions for bank details. Please ensure you quote your unique ID «D4_1_0#Tenant_Reference_Number» when making any payments. In the event that funds should not be so received the Landlord is under no obligation to subsequently enter into this Tenancy Agreement.

  • Deposits into Escrow Account The Concessionaire shall deposit or cause to be deposited the following inflows and receipts into the Escrow Account:

  • Escrow Account 31.1.1 The Concessionaire shall, prior to the Appointed Date, open and establish an Escrow Account with a Bank (the “Escrow Bank”) in accordance with this Agreement read with the Escrow Agreement.

  • Xxxxxxx Money (Security Deposit) 5.1 While submitting commercial bid, the BIDDER shall deposit an amount………. (to be specified in RFP) as Xxxxxxx Money/Security Deposit, with the BUYER through any of the following instruments:

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