Corpus Deposit definition

Corpus Deposit shall have the meaning ascribed to such term in Clause 9.5 of this Agreement;
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Corpus Deposit shall have the meaning ascribed to such term in Clause 5.4 of this Deed;
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Corpus Deposit shall have the meaning ascribed to it in Clause 12.1.( e);
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Examples of Corpus Deposit in a sentence

  • The amount of such Corpus Deposit payable shall be intimated by the Promoter/Transferor on or before possession date.

  • The Corpus Deposit shall be used by the Promoter/Transferor /Maintenance Company/Association for repair of the Project provided therein.

  • The Allottee hereby agrees and undertakes to bear all taxes that may be levied on the Promoter on account of making such adjustments and/or on account of the Promoter transferring/handing over the Corpus Deposit to the Association.

  • The Allottee further agrees and acknowledges that such Corpus Deposit shall be handed over to the Association by the Promoter, without any interest, after adjusting/deducting therefrom all amounts then remaining due and payable by the Allottee and the several Co-Buyers of the Project to the Promoter, together with interest thereon.

  • On any such adjustments being made from the Corpus Deposit, the Allottee hereby undertakes to make good the resultant shortfall in the Corpus Deposit within 15 (fifteen) days of a demand made by the Association or TMC or the Property Management Agency with respect thereto.

  • The unused portion of the Corpus Deposit shall be transferred to the Association without interest when incorporated.

  • Further, it is hereby agreed that the Promoter shall not be held liable, in any manner whatsoever, for any shortfall in the Corpus Deposit due to the above adjustments or otherwise after the handover of the Corpus Deposit by the Promoter to the Association and the Allottee and the Association shall jointly and severally keep the Promoter indemnified for the same.


More Definitions of Corpus Deposit

Corpus Deposit shall have the meaning ascribed to such term in Clause 33A(vi)f of this Agreement;
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Related to Corpus Deposit

  • Savings deposit means a form of demand deposit which is subject to restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period.

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

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

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • the Deposit means 10% of the Purchase Price;

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

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

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • 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.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.