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Contract Deposit definition

Contract Deposit means earnest money delivered to a licensee in conjunction with a real estate sales contract after:
Contract Deposit means the deposit as more particularly described in
Contract Deposit means the contract deposit referred to in Clause 22 of the

Examples of Contract Deposit in a sentence

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.

  • In case the Contractor/s shall at any time commit any breach of this covenant then the Earnest Money Deposit / Contract Deposit shall be forfeited to the Corporation and shall be retained by the Corporation as and for liquidated damages.

  • In addition to forfeiture of Earnest Money Deposit & Contract Deposit, if any fine is imposed by the Municipal Commissioner the same shall be payable by the contractor immediately on demand, failing which the same shall be recovered from other dues of the Contractor by the Corporation.

  • The Contractor/s shall not lend to or borrow from, or have or enter into any monetary dealings or transactions, either directly or indirectly, with any Municipal Employees, and if he / they or any of them shall do so, the Municipal Commissioner shall be entitle to terminate this contract forthwith and forfeit the Earnest Money Deposit / Contract Deposit without prejudice to the other rights and remedies of the Corporation, claim damages from the Contractor/s for the breach of the Contract.

  • The Contract Deposit shall be released within 30 days after completion of 3rd year of DLP (in case of 5 years DLP) and after issue of ‘Defect Liability Certificate’ (in case of 1 or 2 or 3 years DLP) subject to no recoveries are pending against the said work, provided that the Engineer is satisfied that there is no demand outstanding against the Contractor.


More Definitions of Contract Deposit

Contract Deposit means the Initial Deposit and, if delivered, the Second Deposit and the Third Deposit, as set forth in Section D.2 above.
Contract Deposit means the deposit as more particularly described in Clause 15 of the Terms of Tender and Clause 24 of the Conditions of Contract;
Contract Deposit means the sum of deposit referred to in Clause 21.2 of Part 3Terms of Tender and Clause 21 of Part 4Conditions of Contract.
Contract Deposit means money delivered to a licensed agent as part of an offer to enter a contract for the sale of real property after:
Contract Deposit means the deposit (in the amount set out in the Tariff) payable by the Buyer to secure the Vehicle(s) subject to a Contract for Sale.
Contract Deposit means the sum or sums deposited with the Escrow Agent pursuant to paragraph (a) of Section 3.2 hereof and Sections 5.2 and 5.3 hereof.
Contract Deposit has the meaning set forth in Section 1.2(b)(i).