School Deposit Sample Clauses

School Deposit. Upon registration, for its first School Year the Applicant shall pay a refundable School Deposit to the School in the amount as specified in the School Contributions applicable for the actual School Year to secure potential damages caused by the Student to the School's premises, Late room costs, any outstanding student has in the School or other students or any third persons in connection with or during the fulfillment of this Contract. The School is entitled to use the amount of the School Deposit for compensating damages or outstanding's caused by the Student. If during the term of this Contract the School Deposit is used as a whole or in part, the Student is obliged to make payments necessary to fill up the amount of the School Deposit within 5 working days after notification sent by School Finance Manager, to keep it all the time in the amount as specified in the School Contributions. At the time of expiry or termination of this Contract, the School shall refund the amount of the School Deposit not used to cover damages caused by the Student within 30 days of termination of this Contract. The School is entitled to use the amount of the School Deposit to offset against any unpaid Contributions at the time of leaving the Student. If students join BBIS at any time of the year, the registration Contributions must be paid within 5 working days after the acceptance of the place. The deposit will only be returned if the student attends BBIS.
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School Deposit. Upon registration for its first School Year the Student shall pay a refundable School Deposit to the School in the amount as specified in the Schedule of Fees applicable for the actual School Year to secure potential damages caused by the Student to the School's premises, the School or other students or any third persons in connection with or during the fulfilment of this Contract. The School is entitled to use the amount of the School Deposit for compensating damages caused by the Student. If during the term of this Contract the School Deposit is used as a whole or in part, for the notification of the School the Student is obliged to make payments necessary to fill up the amount of the School Deposit again until a reasonable deadline as specified by the School to keep it all the time in the amount as specified in the Schedule of Fees. At the time of expiry or termination of this Contract the School shall refund the amount of the School Deposit not used to cover damages caused by the Student within 30 days of termination of this Contract. The School is entitled to use the amount of the School Deposit to offset against any unpaid fees at the time of leaving of the Student.
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School Deposit. Upon registration for its first School Year the Applicant shall pay a refundable School Deposit to the School in the amount as specified in the School fees applicable for the actual School Year to secure potential damages caused by the Student to the School's premises, Late room costs, any outstanding student has in the School or other students or any third persons in connection with or during the fulfilment of this Contract. The School is entitled to use the amount of the School Deposit for compensating damages or outstanding’s caused by the Student. If during the term of this Contract the School Deposit is used as a whole or in part, the Student is obliged to make payments necessary to fill up the amount of the School Deposit within 5 working days after notification sent by School Business Manager, to keep it all the time in the amount as specified in the School Contributions. At the time of expiry or termination of this C o n t r i b u t i o n Fees for at least the first upcoming full term. 4.7 Subject to the detailed terms of the School Contribution Fees applicable for the actual School Year, as from time to time issued by the School, the Student is entitled to the annual discount offered, in the case of full payment of one year's fees in advance only if such full payment is actually made in due time or before the payment date as indicated in the respective notifications.
Sample 1

Related to School 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.

  • Initial Deposits On the Closing Date and on each Addition Date thereafter, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received after the applicable Cut-Off Date and through and including the Closing Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such date.

  • 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.

  • Additional Deposit For reasons of administration, the right is reserved to require payment by parents of an additional deposit (Additional Deposit), as shown on the fees list for the relevant year, in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also clause 9.8.

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.” (b) The Xxxxxxx Money Deposit shall be held by Escrow Agent subject to the terms and conditions of an Escrow Agreement dated as of the date of this Contract entered into by Seller, Buyer and Escrow Agent (the “Escrow Agreement”). The Xxxxxxx Money Deposit shall be held in an interest-bearing account in a federally insured bank or savings institution reasonably acceptable to Seller and Buyer, with all interest to accrue to the benefit of the party entitled to receive it and to be reportable by such party for income tax purposes; provided, however, to the extent that Buyer instructs the Escrow Agent to apply the Xxxxxxx Money Deposit toward the Purchase Price in accordance with Section 2.4, interest shall be deemed to have accrued to the benefit of Buyer and be reportable by Buyer for income tax purposes.

  • Cash Deposit No cash will be deposited into the certificate account on the closing date.

  • 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.

  • Deposit A deposit totaling 35% of the agreed upon Total Amount is due with acceptance of rental agreement. Payment of deposit shall be deemed as acceptance of this rental agreement. Payment may be made by traveler's checks, bank money order, wire transfer, or certified check or major credit card. Personal checks will be accepted upon approval; if funds are not credited within Ten days booking will be cancelled. The deposit amount is $_DepositAmount_.

  • Additional Deposits (a) The Servicer and the Seller, as applicable, shall deposit or cause to be deposited in the Collection Account on the Determination Date on which such obligations are due the aggregate Purchase Amount with respect to Purchased Receivables and the aggregate Sale Amounts with respect to Sold Receivables. (b) The proceeds of any purchase or sale of the assets of the Trust described in Section 10.1 shall be deposited in the Collection Account.

  • Escrow Deposit Concurrently with the execution and delivery of this Agreement, the Holder will deliver [the sum of ____________________ Dollars ($_____________) in lawful money of the United States of America by wire transfer of immediately available funds] [and] [[ ] Class A Trust Certificates] [and] [[ ] Class B Trust Certificates] in accordance with Section 14 of the Series Supplement] (the "Escrow Deposit"), to Escrow Agent to be held by Escrow Agent in escrow on the terms and conditions hereinafter provided. Escrow Agent hereby acknowledges receipt of the Escrow Deposit. Any cash amounts in the Escrow Deposit may be increased or decreased in accordance with the terms of Section 2.02(i)(vi) of the Warrant Agreement and the terms of this agreement will apply with equal force and effect to any such increased or decreased cash amounts in the Escrow Deposit.

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