Compliance Deposit definition

Compliance Deposit means the deposit that an Owner is required to deliver to the DRC prior to commencing a Construction Activity.
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Compliance Deposit means the deposit that an Owner is required to deliver to the Beaver Creek Resort Company prior to commencing a Construction Activity.
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Compliance Deposit means the deposit that an Owner is required to deliver to the Arrowhead Design Review Committee prior to commencing a Construction Activity.
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Examples of Compliance Deposit in a sentence

  • Owner shall name the Association as an additional insured on all such policies of insurance and shall submit proof thereof to the DRC in the form of one or more certificates of issuance at the time the Compliance Deposit is made.

  • The purpose of the Compliance Deposit is to secure and assure Owner’s compliance with the CC&Rs, the Construction Management Plan and this Agreement throughout the duration of the Owner’s Construction Activity until completion, including completion of landscaping.

  • In the event of a controversy or dispute regarding the Compliance Deposit, or any portion thereof, unless the parties mutually agree in writing as to the disposition of the disputed funds, the DRC shall not be required to take specific action with respect to the funds on deposit without an order of a court of competent jurisdiction, or the DRC may, in its sole discretion, interplead all affected parties and deposit any funds held by it into a court of competent jurisdiction.

  • This Agreement shall remain in effect until all improvements, alterations, and landscaping proposed by Owner for the Property and approved by the DRC are completed and the DRC has issued a Certificate of Compliance together with a written accounting for disposition of the Compliance Deposit.

  • Upon the DRC’s issuance of a Certificate of Compliance to the Owner (as defined in the Design Guidelines), one-half of the Compliance Deposit (or such unused portion of the Compliance Deposit, if any, as remains upon the issuance of such Certificate) shall be returned to Owner upon Owner’s written request.

  • The Compliance Deposit, or such portion as remains on deposit with the DRC two years after issuance of the Letter of Compliance, shall be deemed forfeited to the DRC if not requested in writing by the Owner prior to expiration of such two years.

  • Owner agrees to deposit with the DRC, concurrently with the Owner’s signature below, a Compliance Deposit in the amount of $20,000.00 (“Compliance Deposit”).

  • The remaining half of the Compliance Deposit may be retained by the DRC, in its discretion, for one year from the date of issuance of the Letter of Compliance, to secure Owner’s obligation to make reasonable efforts to maintain the new landscaping improvements.

  • Builder: group, company, or individual responsible for construction of dwelling - in many cases the Builder will also be the Purchaser Compliance Deposit: initial monetary deposit made by Purchaser as an agreement to act in good-faith in full compliance with the Architectural Guidelines and Site Standards of Tourond Creek.

  • To the extent the Owner’s Compliance Deposit is insufficient to reimburse the DRC for such expenses, Owner agrees to timely replenish the deposit in the amount reasonably required by the DRC after written demand therefore.(c) Return of deposit.


More Definitions of Compliance Deposit

Compliance Deposit means the refundable fee as defined in Section 7.a.ii as a guarantee of adherence to the Leadership Contest Rules.
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Compliance Deposit means the good conduct bond required to be paid as a condition of being a Leadership Contestant and as prescribed in section 5.6;
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Compliance Deposit means the fee imposed by the MACC (as specified in these Guidelines) and which is submitted by the Owner along with its submission of the Final Design for the MACC’s review and approval.
Sample 1

Related to Compliance Deposit

  • Compliance account means a NOx allowance tracking system account, established by the U.S. EPA for a NOx budget unit under section 10 of this rule, in which the NOx allowance allocations for the unit are initially recorded and in which are held NOx allowances available for use by the unit for an ozone control period for the purpose of meeting the unit’s NOx budget emissions limitation.

  • Environmental Compliance Reserve means any reserve which the Agent establishes in its reasonable discretion after prior written notice to the Borrower from time to time for amounts that are reasonably likely to be expended by the Borrower in order for the Borrower and its operations and property (a) to comply with any notice from a Governmental Authority asserting material non-compliance with Environmental Laws, or (b) to correct any such material non-compliance identified in a report delivered to the Agent and the Lenders pursuant to Section 7.7.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • Compliance Date means, in each case, the date by which compliance is required under the referenced provision of ARRA’s or HIPAA’s implementing regulations, as applicable.

  • Trading Compliance Policy means the written policy of the Company pertaining to the purchase, sale, transfer or other disposition of the Company’s equity securities by Directors, Officers, Employees or other service providers who may possess material, nonpublic information regarding the Company or its securities.

  • Compliance Department means the Chief Compliance Officer of Federated and those other individuals designated by him or her as responsible for implementing this Code and the Associated Procedures.

  • Compliance Costs means all expenses, commitments or obligations in excess of one million dollars ($1,000,000) incurred by Carrier or required to be incurred by Carrier to comply with a Change in Law, irrespective of whether such expenses, commitments or obligations are to be incurred as a one-time expenditure or periodically for an extended period.

  • Reporting Servicer As defined in Section 11.13.

  • Assessment of Compliance As defined in Section 3.21.

  • Covenant Compliance Certificate means a properly completed and executed Covenant Compliance Certificate substantially in the form of Exhibit X hereto.

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.4 of this Regulation.

  • Compliance Report means, as applicable in relation to the test being conducted, a report containing the results of the Compliance Tests carried out by State Street.

  • Compliance Declaration means a compliance declaration substantially in the form set out in Schedule F;

  • Compliance Order means an order issued by the Code Enforcement Officer pursuant to subdivision (a) of section 15 of this local law.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.

  • Covenant Compliance Worksheet means a fully completed worksheet in the form of Attachment A to Exhibit C.

  • Solar alternative compliance payment or "SACP" means a

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Covenant Compliance Event means, at any time, Availability is less than the greater of (i) ten percent (10%) of the Loan Cap and (ii) $15,000,000. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.

  • Reporting Requirements As defined in Section 11.15.

  • Compliance agreement means a written agreement between a person and the Commissioner to achieve compliance with this quarantine.

  • CREFC® Payment Posting Instructions Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Payment Posting Instructions Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.