Additional Xxxxxxx Money Deposit definition

Additional Xxxxxxx Money Deposit has the meaning ascribed to such term in Section 4.1.
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Additional Xxxxxxx Money Deposit has the meaning set forth in Section 3.2.
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Additional Xxxxxxx Money Deposit shall have the meaning ascribed thereto in Section 2.4(b) of this Agreement.
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Examples of Additional Xxxxxxx Money Deposit in a sentence

  • The Xxxxxxx Money Deposit and the Additional Xxxxxxx Money Deposit, if applicable, are sometimes referred to herein as the “Deposits”.

  • If Purchaser fails to deposit the Initial Xxxxxxx Money Deposit or the Additional Xxxxxxx Money Deposit within the time periods described above, this Agreement shall automatically terminate.

  • TIME IS OF THE ESSENCE with respect to the deposit of the Additional Xxxxxxx Money Deposit.

  • If the REPC has not been previously canceled by Buyer as provided in Sections 8.1, 8.2 or 8.3, as applicable, then no later than the Due Diligence Deadline, or the Financing & Appraisal Deadline, whichever is later, Buyer: [ ] WILL [ ] WILL NOT deliver to the Buyer’s Brokerage, an Additional Xxxxxxx Money Deposit in the amount of $ .

  • The Escrow Agent shall invest the Initial Xxxxxxx Money Deposit and Additional Xxxxxxx Money Deposit in a government insured interest-bearing account satisfactory to Purchaser at an institution having assets of not less than $125,000,000, shall not commingle the Xxxxxxx Money Deposit with any funds of the Escrow Agent or others, and shall promptly provide Purchaser and Seller with confirmation of the investments made.

  • The draft Project Documents shall be delivered for timely review prior to expiration of the First Additional Xxxxxxx Money Deposit date.

  • If the REPC has not been previously canceled by Buyer as provided in Sections 8.1, 8.2 or 8.3(a), then no later than the Due Diligence Deadline referenced in Section 24(b), or the Financing & Appraisal Deadline referenced in Section 24(c), whichever is later, Buyer: [ ] WILL [ ] WILL NOT deliver to the Buyer’s Brokerage, an Additional Xxxxxxx Money Deposit in the amount of $ .

  • The Xxxxxxx Money Deposit and the Additional Xxxxxxx Money Deposit, if applicable, are sometimes referred to herein as the "Deposits".

  • By not later than 5:00 pm EST on the business day following expiration of the Due Diligence Period, unless Parent has terminated this Agreement pursuant to Section 11.1(a), Parent shall deliver to Escrow Agent, in Good Funds the additional sum of Thirty Million Dollars ($30,000,000) (the “Additional Xxxxxxx Money Deposit”) (together, the Initial Xxxxxxx Money Deposit and the Additional Xxxxxxx Money Deposit, together with all interest accrued thereon, are referred to as the “Xxxxxxx Money Deposit”).

  • If the REPC has not been previously canceled by Buyer as provided in Sections 8.1, 8.2 or 8.3, as applicable, then no later than the Due Diligence Deadline, or the Financing & Appraisal Deadline, whichever is later, Buyer: [ WILL WILL NOT deliver to the Buyer’s Brokerage, an Additional Xxxxxxx Money Deposit in the amount of $ .


More Definitions of Additional Xxxxxxx Money Deposit

Additional Xxxxxxx Money Deposit means (i) Three Hundred Fifty Thousand and No/100 dollars ($350,000.00) to be deposited by Purchaser as provided in Section 4 hereof; (ii) any sums deposited by Purchaser in connection with exercising the Extension Options (as hereinafter defined pursuant to Paragraph 7.1.2 hereof, and (iii) all interest and income earned thereon while held in escrow.
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Additional Xxxxxxx Money Deposit means the deposit of Fifty Thousand and No/100 Dollars ($50,000.00) to be given by Buyer to Escrow Agent pursuant to Section 3(a)(ii) of this Agreement, as well as all interest earned thereon in the interest-bearing money market account in which Escrow Agent is required to place the Xxxxxxx Money Deposit.
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Related to Additional Xxxxxxx Money Deposit

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Initial Reserve Account Deposit means $3,250,000.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

  • Initial Reserve Account Deposit Amount means an amount equal to $1,030,941.16.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Xxxxxxx Money shall have the meaning assigned thereto in Section 2.3.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Capitalized Interest Account Initial Deposit means $1,733,333.78 deposited on the Closing Date.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.