Common use of Seller entitled to Deposit Clause in Contracts

Seller entitled to Deposit. If this Agreement is terminated by the Seller under clause 10.1 (other than under clause 10.1(a)), the Seller will be entitled to receive the Deposit. If the Buyer has not paid any part of the Deposit in accordance with clause 3.1, the Seller will be entitled to recover the unpaid amount of the Deposit from the Buyer as a debt, and the Buyer will indemnify the Seller against any damages and expenses incurred by the Seller in recovering that debt (including but not limited to legal costs on an indemnity cost basis).