Vehicle Deposit Sample Clauses

Vehicle Deposit. Every team will need to pay a full refundable vehicle deposit six weeks before the rally begins. There will be one amount for vehicle teams and a separate amount for motorbike riders. The vehicle deposit is refundable to the Team from 30th September 2017 onwards which is when the Company will begin to refund team deposits. Deposits can only be refunded once the Company has confirmation from the Team about the Team's preferred bank account details for the refund. The Company will refund only what it receives in the deposit account in GBP (British sterling pounds) and will not be responsible for reimbursing monies charged by third parties, such as banks, at the point of transfer or any variation as a result of currency conversions. In the event that: (a) the Team does not present their vehicle or motorbike(s) (as the case may be) for collection, together with all vehicle registration documentation, at the Designated Finishing Point; (b) provide evidence demonstrating the location of the vehicle and proof of legal disposal if appropriate or (c) any actions of the team or any team member cause the Company to incur any costs, the vehicle deposit(s) will not be refunded. The deposit may also be withheld at our discretion if a team is not able to prove that their vehicle has departed Russia and been dealt with in a legal manner. Please note that all documentation given to the Team by the Russian border authorities in relation to the entry of their vehicle(s) into Russia must be presented with the vehicle at the Designated Finishing Point in order for the vehicle deposit for that vehicle to be repaid and the necessary procedures to be followed depending on your particular situation. Should the Team abandon its vehicle in a country other than Russia and there are charges that the Company incurs, as a result of the Team's actions, the Company will pass them on to the Team and may deduct them from the Team's vehicle deposit. The method of payment of the vehicle deposit will be notified to all Teams prior to the commencement of the Event Period, both by e-mail and in the Team Handbook online. In the event that any costs incurred by the Company arising from the actions of the Team or any Team member(s) are greater than the amount of the vehicle deposit paid by that team, the Company will pursue the Team for the relevant outstanding amount in accordance with the Terms of Entry without prejudice to any other rights the Company may have under the Terms of Entry or otherwi...
Sample 1See All (8)
AutoNDA by SimpleDocs

Related to Vehicle Deposit

  • 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.

  • 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.

  • 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.

  • Time Deposits If your Account is a time deposit, you have agreed to keep the funds on deposit until the maturity of your Account. If your Account has not matured, any withdrawal of all or part of the funds from your Account may result in an early withdrawal penalty. We will consider requests for early withdrawal and, if granted, the penalty provided in the Schedule will apply.

  • Cash Deposits Within the limitations of this Subsection, Purchaser shall make cash deposits to meet Purchaser’s obligations within 15 days of billing by Forest Service. Deposits shall be made to Forest Service, U.S.D.A., by mail or delivery to the address to be fur- nished by Forest Service. Forest Service shall explain the bill at the time it requests each deposit.

  • Direct Deposits The Credit Union may offer direct deposit options allowing you to preauthorize deposits (i.e., payroll checks, Social Security or retirement checks, or other government checks) or preauthorize transfers from other accounts at the Credit Union. You must authorize any direct deposits to your accounts by a separate authorization form. If applicable, you must notify the Credit Union at least thirty (30) days prior to any direct deposit or preauthorized transfer if you wish to cancel or change the direct deposit or direct transfer option. Upon a filing of a bankruptcy, if you fail to cancel any direct deposit authorization, you instruct your employer and the Credit Union to make and apply direct deposits in accordance with your authorization on file with the Credit Union. If the Credit Union is required to reimburse the U.S. Government for any benefit payment directly deposited into your account for any reason, you agree the Credit Union may deduct the amount returned from any of your accounts, unless prohibited by law.

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one)

  • Security Deposit Account If applicable law or a Lender requires a segregated account of Tenant security deposits, Property Manager will open a separate account at a reputable bank or other financial institution. Property Manager may return such deposits to any Tenant in the ordinary course of business in accordance with the terms of the applicable Lease.

  • 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.

  • DAMAGE DEPOSIT Upon the due execution of this Agreement, Tenant shall deposit with Landlord the sum of DOLLARS ($ ) receipt of which is hereby acknowledged by Landlord, as security for any damage caused to the Premises during the term hereof. Such deposit shall be returned to Tenant, without interest, and less any set off for damages to the Premises upon the termination of this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!