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 refundable fee as defined in Section 7.a.ii as a guarantee of adherence to the Leadership Contest Rules.
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Examples of Compliance Deposit in a sentence

  • The Compliance Deposit is paid to the Association as security against violation of the Restrictions, the Construction Rules, or any damage caused to the Association’s common areas, streets, or other property in the Development.

  • In the event that the Buyer fails to fully comply with the Building Requirements, in Seller’s opinion, in addition to any and all remedies of Seller, as provided herein, at law or equity, Seller shall have the right to use the Compliance Deposit to effectuate Buyer’s compliance with the Building Requirements and/or enforce Seller’s rights herein against Buyer, including the payment of Seller’s attorney fees associated with said enforcement.

  • The ACC or a majority of the Board may increase the Compliance Deposit in the event the ACC or a majority of the Board determine that the amount is insufficient to secure compliance with the Restrictions, the Construction Rules, or the Approval and Construction Requirements, or to protect the Development from damage caused or occasioned by construction of the proposed improvements.

  • If failure to do so, they may be liable to forfeit their Compliance Deposit, and be subject to submit a new Compliance Deposit.

  • The balance of the Compliance Deposit, less the amount stated below, will be held until the completion of construction of all improvements and/or installation of landscaping/irrigation on the Lot in accordance with the plans, specification or schematic design approved by the VRPOA-ACC.

  • The value of any committed bookings that are cancelled due to damage or abnormal janitorial or maintenance requirements will be deducted from the Compliance Deposit.

  • The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Tranche B 2022 Term Lender the then unpaid principal amount of each Tranche B 2022 Term Loan on the Tranche B 2022 Term Loan Maturity Date.

  • If there is cause for retaining all or any portion of the remaining balance of the Compliance Deposit, the VRPOA-ACC shall return to the depositing party the remaining balance of the Compliance Deposit, if any, together with a written description and itemized list of all deductions within thirty (30) days of the occurrence of the latest of the above-referenced events.

  • At any time during which the Purchaser is in default of this Agreement, the Developer may apply and use the Compliance Deposit or any part thereof, to reimburse the Developer for monies expended by it to cause compliance with the terms hereof, or to do any work required of the Purchaser hereunder and done by the Developer on the Purchaser's behalf.

  • The Compliance Deposit is paid to the Association as security against violation of the Restrictions, the Construction Rules, the Approval and Construction Requirements, and any damage caused to the Association’s common areas, streets, or other property in the Development.


More Definitions of Compliance Deposit

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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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.
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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.