Supplemental Deposit Sample Clauses
A Supplemental Deposit clause requires one party, typically a tenant or borrower, to provide additional funds beyond an initial deposit under certain circumstances. This clause is often triggered if the original deposit becomes insufficient due to increased obligations, damages, or changes in the underlying agreement, such as higher rent or unforeseen expenses. Its core function is to ensure that the party holding the deposit is adequately protected against potential losses or liabilities that may arise during the term of the agreement.
POPULAR SAMPLE Copied 1 times
Supplemental Deposit. Notwithstanding anything stated in Section 2.1.2 of the Purchase Agreement to the contrary, Purchaser will, within two (2) business days following the date of this Reinstatement and Amendment, deliver the Supplemental Deposit to Escrow Agent by bank wire of immediately available funds.
Supplemental Deposit. A "Supplemental Deposit" will include any materials added to the Deposit. Licensor will submit any Supplemental Deposit accompanied by an Exhibit B. Within ten (10) days of acceptance by Escrow Holder of such Supplemental Deposit, Escrow Holder shall notify Licensor and Licensee by issuing a copy of the Exhibit B.
Supplemental Deposit. The Supplemental Deposit will include any materials added to the Deposit. Licensor will submit the Supplemental Deposit accompanied by an Exhibit B. Within ten (10) days of acceptance by DSI of such Supplemental Deposit, DSI shall notify Licensor and Licensee by issuing a copy of the Exhibit B.
Supplemental Deposit. In the event Google is required to make additional Cash Payments pursuant to the second sentence of Section 5.1(b) (Funding of Cash Payments), Google shall deposit in the Settlement Fund an amount sufficient to fund the additional Cash Payments (“Supplemental Deposit”) by wire transfer to the Depository Bank, within ten (10) Business Days after the later of (i) the date on which the Registry issues to the Plaintiffs and Google its final report regarding Cash Payments pursuant to Section
Supplemental Deposit. SUPPLEMENTAL GOODS AND SERVICES CREDIT
Supplemental Deposit. Within three (3) business days of the date of this Amendment, Buyer shall deposit into Escrow the amount of $25,000.00 ("Supplemental Deposit"). The Supplemental Deposit shall be invested by Escrow Holder in the same manner as the Deposit. The Supplemental Deposit shall be applied against and credited to the Purchase Price. In the event of Buyer's default under this Agreement, the Supplemental Deposit shall be considered the same as the other Deposit(s) and, together with accrued interest thereon, shall be released and delivered to Seller as liquidated damages. In the event that (i) Seller deposits into Escrow a fully executed counterpart original of an agreement with TRU Properties, Inc., terminating their lease in the Shopping Center (for the Kids R Us store) as of September 30, 1998, and (ii) the Closing of this transaction does not take place within the time period set forth in the Agreement for any reason whatsoever other than default of Seller, the Supplemental Deposit, (together with any other Deposit, First, Second or Third, which may be required to be delivered or released to Seller) shall be released and delivered by Escrow Holder to Seller without need of any further instruction.
Supplemental Deposit. On or before July 7, 2020, the Borrowers, on behalf of the Depositor, will deposit, or cause to be deposited, the Supplemental Reserve Deposit in the Reserve Account.”
(b) Deleting the definition of “Required Reserve Amount” in its entirety in Appendix 1 of the Exchange Note Supplement and replacing it with the following:
Supplemental Deposit. Unless Purchaser gives written notice on or before January 11, 2013, terminating this Agreement in accordance with Section 5.3.2 of this Agreement, Purchaser will, on or before January 14, 2013, deliver to Escrow Agent by bank wire of immediately available funds the sum of Four Million and No/100 Dollars ($4,000,000.00) (together with any interest earned thereon, the “Supplemental Deposit”). The Supplemental Deposit shall be added to and be treated as part of the Deposit for all purposes of this Agreement; for the avoidance of doubt, once the Supplemental Deposit has been paid as aforesaid, each reference in this Agreement to the “Deposit” shall mean and include the Deposit described in Section 2.1.1, as increased by the Supplemental Deposit.
Supplemental Deposit. A "Supplemental Deposit" will include any materials added to the Initial Deposit by Polycom pursuant to this Exhibit C. During the term of this Agreement, Polycom will deposit source code (a) for software owned by Polycom and incorporated into the Specifications for any Polycom Product and/or 3M Proprietary Product, including related documentation necessary for the manufacture and/or operation of any such Products (collectively, "Product Software") and (b) for any upgrades, bug fixes or new releases of any Product Software within [ * ] of Polycom's incorporation thereof into a Product. The Initial Deposit together with any Supplemental Deposits shall be collectively referred to herein as "Deposit Materials."
Supplemental Deposit. A "Supplemental Deposit" will include any materials added to the Initial Deposit by Polycom pursuant to this Exhibit D. During the term of this Agreement, Polycom will deposit source code for any upgrades, bug fixes or new releases of the [* * *] Software within thirty (30) days of Polycom's incorporation thereof into a [* * *]. The Initial Deposit together with any Supplemental Deposits shall be collectively referred to herein as "Deposit Materials."