We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Selection Day Sample Clauses

Selection Day. It is anticipated that the Selection Day will be scheduled in Q2, 2022, but this date cannot be determined as of the Effective Date and could be sooner or later than anticipated herein. If this Agreement is still in effect, Builder will provide to Reserving Party the opportunity to buy two (2) Units by delivering to Reserving Party a contract for purchase on Builder’s standard form purchase contract (the “Purchase Contract”) with a copy of the same to the Escrow Agent. If Reserving Party elects to purchase a Unit, Reserving Party must sign and return the Purchase Contract to Builder, together with the xxxxxxx money deposit required under the Purchase Contract (in an amount to be determined by Builder), within three (3) business days of Reserving Party receiving the purchase contract from Builder. Upon written notice to the Escrow Agent by Reserving Party and direction to transfer the Reservation Deposit to Builder, the Reservation Deposit may be applied to the xxxxxxx money deposit required under the Purchase Contract.
Sample 1See All (4)
Selection Day. It is anticipated that the Selection Day will occur in the 3rd Quarter of 2024, but this date cannot be determined as of the Effective Date and could be sooner or later than anticipated herein. If this Agreement is still in effect, Developer will provide to Reserving Party the opportunity to buy one (1) Unit by delivering to Reserving Party a contract for purchase on Developer’s standard form purchase contract (the “Purchase Contract”) with a copy of the same to the Escrow Agent. If Reserving Party elects to purchase a Unit, Reserving Party must sign and return the Purchase Contract to Develop- er, together with the xxxxxxx money deposit required under the Purchase Contract (in an amount to be determined by Developer), within three (3) business days after Developer has sent the Purchase Contract to Reserving Party. Upon written notice to the Escrow Agent by Reserving Party and direction to trans- fer the Reservation Deposit to Developer, the Reservation Deposit may be applied to the xxxxxxx money deposit required under the Purchase Contract.
Sample 1
Selection Day. It is anticipated that Selection Day will be late in the second quarter of 2018. If this Agreement is still in effect, Sponsor will provide to Reserving Party the opportunity to buy a Unit by mailing or delivering to Reserving Party a contract for purchase on Sponsor’s standard form purchase contract (“Purchase Contract”) with respect to the Unit. If Reserving Party elects to purchase a Unit, (a) Reserving Party must sign and return the Purchase Contract to the Sponsor, together with the Xxxxxxx Money Deposit required under the Purchase Contract, within ten (10) business days after Sponsor has sent the Purchase Contract, and (b) the funds deposited under this Agreement shall be credited against the Xxxxxxx Money Deposit.
Sample 1
Selection Day. It is anticipated that Selection Day will be in the third quarter of 2018. If this Agreement is still in effect, Sponsor will provide to Reserving Party the opportunity to buy a Unit by mailing or delivering to Reserving Party a contract for purchase on Sponsor’s standard form purchase contract (“Purchase Contract”) with respect to the Unit. If Reserving Party elects to purchase a Unit, (a) Reserving Party must sign and return the Purchase Contract to the Sponsor, together with the Xxxxxxx Money Deposit required under the Purchase Contract, within ten (10) business days after Sponsor has sent the Purchase Contract, and (b) the funds deposited under this Agreement shall be credited against the Xxxxxxx Money Deposit.
Sample 1
Selection Day. It is anticipated that Selection Day will be scheduled for late September, 2023, but this date cannot be defined as of the Effective Date and could be sooner or later than anticipated herein. If this Agreement is still in effect, Developer will provide to Reserving Party the opportunity to purchase up to two (2) Units by delivering to Reserving Party a Developer Homesite Purchase Agreement (the “Purchase Agreement”) with a copy of the same to the Escrow Agent. If Reserving Party elects to purchase a Unit, Reserving Party must sign and return the Purchase Agreement to Developer, together with the $10,000 xxxxxxx money deposit required under the Purchase Agreement, within three (3) business days of Reserving Party receiving the Agreement from Developer. Upon written notice to the Escrow Agent by Reserving Party, the $10,000 Reservation Deposit may be applied to the xxxxxxx money deposit of one Purchase Agreement as required under the Agreement.
Sample 1

Related to Selection Day

  • ELECTION DAYS No wages shall be deducted for time lost on election days. The regular work schedule will prevail for Federal and Provincial elections.

  • ON THE AUCTION DAY bidders MUST use browser either Google Chrome, Mozilla Fire Fox, Safari, Internet Explore or Microsoft Edge. E-bidders are responsible for ensuring that internet access and connectivity is running smoothly throughout the whole bidding process. The Bank and Auctioneer will not be held responsible or liable for any interruptions, delays, failures, errors, omissions or loss of information etc.

  • Determination Date The Business Day immediately preceding the related Remittance Date.

  • Remittance Date The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of any month.

  • VALUATION PERIOD Each Division will be valued at the end of each Valuation Period on a Valuation Date. A Valuation Period is each Business Day together with any non-Business Days before it. A Business Day is any day the New York Stock Exchange (NYSE) is open for trading, and the SEC requires mutual funds, unit investment trusts, or other investment portfolios to value their securities. ACCUMULATION VALUE The Accumulation Value of this Contract is the sum of the amounts in each of the Divisions of the Variable Separate Account and General Account. You select the Divisions of the Variable Separate Account and General Account to which to allocate the Accumulation Value. The maximum number of Divisions to which the Accumulation Value may be allocated at any one time is shown in the Schedule. ACCUMULATION VALUE IN EACH DIVISION ON THE CONTRACT DATE On the Contract Date, the Accumulation Value is allocated to each Division as elected by you, subject to certain terms and conditions imposed by us. We reserve the right to allocate premium to the Specially Designated Division during any Right to Examine contract period. After such time, allocation will be made proportionately in accordance with the initial allocation(s) as elected by you. ON EACH VALUATION DATE At the end of each subsequent Valuation Period, the amount of Accumulation Value in each Division will be calculated as follows:

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

  • Selection Under a Fixed Budget Services for assignments which the Association agrees meet the requirements of paragraph 3.5 of the Consultant Guidelines may be procured under contracts awarded on the basis of a Fixed Budget in accordance with the provisions of paragraphs 3.1 and 3.5 of the Consultant Guidelines.

  • Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:

  • Alternate Billed Calls 1.1 The Parties will engage in settlements of intraLATA intrastate alternate-billed calls (e.g., collect, calling card, and third-party billed calls) originated or authorized by their respective Customers in accordance with an arrangement mutually agreed to by the Parties.

  • Master Servicer Collection Account (a) The Master Servicer shall establish and maintain in the name of the Trustee, for the benefit of the Certificateholders, the Master Servicer Collection Account as a segregated trust account or accounts. The Master Servicer Collection Account may be a sub-account of the Distribution Account. The Master Servicer will deposit in the Master Servicer Collection Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts: (i) Any amounts withdrawn from a Protected Account or other permitted account; (ii) Any Monthly Advance and any Compensating Interest Payments; (iii) Any Insurance Proceeds, Liquidation Proceeds or Subsequent Recoveries received by or on behalf of the Master Servicer or which were not deposited in a Protected Account or other permitted account; (iv) The repurchase price with respect to any Mortgage Loans repurchased and all proceeds of any Mortgage Loans or property acquired in connection with the optional termination of the trust; (v) Any amounts required to be deposited with respect to losses on investments of deposits in an Account; and (vi) Any other amounts received by or on behalf of the Master Servicer and required to be deposited in the Master Servicer Collection Account pursuant to this Agreement. (b) All amounts deposited to the Master Servicer Collection Account shall be held by the Master Servicer in the name of the Trustee in trust for the benefit of the Certificateholders in accordance with the terms and provisions of this Agreement. The requirements for crediting the Master Servicer Collection Account or the Distribution Account shall be exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments in the nature of (i) prepayment or late payment charges or assumption, tax service, statement account or payoff, substitution, satisfaction, release and other like fees and charges and (ii) the items enumerated in Subsections 4.05(a)(i), (ii), (iii), (iv), (vi), (vii), (viii), (ix), (xi) and (xii) with respect to the Securities Administrator, need not be credited by the Master Servicer or the related Servicer to the Distribution Account or the Master Servicer Collection Account, as applicable. In the event that the Master Servicer shall deposit or cause to be deposited to the Distribution Account any amount not required to be credited thereto, the Securities Administrator, upon receipt of a written request therefor signed by a Servicing Officer of the Master Servicer, shall promptly transfer such amount to the Master Servicer from the Distribution Account, any provision herein to the contrary notwithstanding. (c) The amount at any time credited to the Master Servicer Collection Account shall be invested, in the name of the Trustee, or its nominee, for the benefit of the Certificateholders, in Permitted Investments as directed by Master Servicer. All Permitted Investments shall mature or be subject to redemption or withdrawal on or before, and shall be held until, the next succeeding Distribution Account Deposit Date. Any and all investment earnings on amounts on deposit in the Master Servicer Collection Account from time to time shall be for the account of the Master Servicer. The Master Servicer from time to time shall be permitted to withdraw or receive distribution of any and all investment earnings from the Master Servicer Collection Account. The risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer. The Master Servicer shall deposit the amount of any such loss in the Master Servicer Collection Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Most Referenced Clauses

Most Referenced Definitions