Satisfaction of Deposit. The Developer acknowledges that payment under the Bond or Bank Guarantee will, to the extent of the amount paid, be in satisfaction of the Buyer's obligation to pay the Deposit under clause 9.1.
Appears in 15 contracts
Samples: Built Form Delivery Contract Lease Back (With Furniture), Built Form Delivery Contract Lease Back (With Furniture), Built Form Delivery Contract Lease Back (With Furniture)
Satisfaction of Deposit. The Developer acknowledges that payment under the Bond or Bank Guarantee will, to the extent of the amount paid, be in satisfaction of the Buyer's obligation to pay the Deposit under clause 9.18.1.
Appears in 2 contracts
Samples: Land Development Contract, Built Form Delivery Contract
Satisfaction of Deposit. β The Developer acknowledges that payment under the Bond or Bank Guarantee will, to the extent of the amount paid, be in satisfaction of the Buyer's obligation to pay the Deposit under clause 9.18.1.
Appears in 1 contract
Samples: Built Form Delivery Contract