Collective Security Deposit definition

Collective Security Deposit shall have the meaning given such term in Section 3.5.
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Collective Security Deposit shall have the meaning given such term in Section 0.
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Examples of Collective Security Deposit in a sentence

  • It is understood and agreed that neither the Security Deposit nor the Collective Security Deposit is to be considered as prepaid rent, nor shall damages be limited to the amount of the Collective Security Deposit.

  • If any Event of Default shall occur and be continuing under this Agreement, Landlord may, at its option and without prejudice to any other remedy which Landlord may have on account thereof, appropriate and apply, first, the amount of the Security Deposit and, second, the amount of such Collective Security Deposit as may be necessary to compensate Landlord toward the payment of the Rent or other sums due Landlord under this Agreement as a result of such breach by Tenant.

  • Within ten (10) days after any draw upon the Security Deposit and/or the Collective Security Deposit, Landlord shall notify Tenant of the amount of such draw and the applicable Security Deposit drawn.

  • Landlord agrees that notwithstanding any other provision of this Agreement, Landlord may, at its sole option, appropriate and apply the Security Deposit (or any Collective Security Deposit) to cure any Event of Default or elect to have such default cured by a draw upon the Liquidity Facility.

  • If any Event of Default shall occur and be continuing under this Agreement, Landlord may, at its option and without prejudice to any other remedy which Landlord may have on account thereof, appropriate and apply, first, the amount of the Security Deposit, and, second, the amount of such Collective Security Deposit as may be necessary to compensate Landlord toward the payment of the Rent or other sums due Landlord under this Agreement as a result of such breach by Tenant.

Related to Collective Security Deposit

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

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

  • Security Deposits means all Tenant security deposits in the form of cash and letters of credit, if any, held by Seller, as landlord (together with any interest which has accrued thereon, but only to the extent such interest has accrued for the account of the Tenant).

  • Security Deposit Account has the meaning given in Section 5.1.

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

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

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

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

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

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

  • 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.

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

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

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

  • 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).

  • 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;

  • 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.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Reassignment Amount means, for a Payment Date, the sum of (a) the Note Balance of the Series 20 - Notes on that Payment Date, plus (b) the Accrued Note Interest for each Class for that Payment Date, plus (c) any other amounts due and payable by the Issuer on that Payment Date for Series 20 - , in each case, after giving effect to any payments to be made on that Payment Date.

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

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

  • 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).

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Assignment Amount with respect to a Bank Investor shall mean at any time an amount equal to the lesser of (i) such Bank Investor's Pro Rata Share of the Net Investment held by the Conduit Investor in the same Related Group at such time and (ii) such Bank Investor's unused Commitment.

  • Original Deposit Agreement shall have the meaning given to such term in the preambles to the Deposit Agreement.