Cost Deposit definition

Cost Deposit a deposit in the amount of One Million Three Hundred Seventy-Five Thousand Seven Hundred Fifty Dollars ($1,375,750) plus any accrued interest thereon (together with the Additional Deposit, the "Deposits"). All Deposits shall be allocated among the Properties as shown of Exhibit 1.24.
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Examples of Cost Deposit in a sentence

  • Payment of Term Cost, Deposit, or Other Charges as required by this policy iv.

  • The Substitution Cost Deposit shall be used by Lender to cover all reasonable out-of-pocket costs and expenses incurred by Lender and ▇▇▇▇▇▇ ▇▇▇, including any out-of-pocket legal fees and expenses incurred by ▇▇▇▇▇▇ Mae and Lender in connection with such substitution whether such substitution actually closes.

  • Any DMBS being prepaid shall be deemed to be prepaid as of the end of the month in which the Property Delivery Deadline falls, and the Lender, shall follow standard ▇▇▇▇▇▇ ▇▇▇ procedures for the prepayment of the Note, or any applicable DMBS, including delivery of the Substitution Deposit (less the Substitution Cost Deposit) to ▇▇▇▇▇▇ Mae in accordance with such procedures.

  • Any MBS being prepaid shall be deemed to be prepaid as of the end of the month in which the Property Delivery Deadline falls, and the Lender, shall follow standard ▇▇▇▇▇▇ ▇▇▇ procedures for the prepayment of the Note, or any applicable MBS, including delivery of the Substitution Deposit (less the Substitution Cost Deposit) to ▇▇▇▇▇▇ Mae in accordance with such procedures.

  • The Authority shall refund any unused application fees, recording fees or Advance Cost Deposit funds to the Company at such time as the Authority, in its sole discretion, determines that any such funds are no longer needed to pay any current or anticipated fees or costs payable under this Agreement.

  • Escrow Agent shall collect the Construction Cost Deposit and shall keep the same continuously invested and reinvested in a money market account in UMB Bank.

  • Landlord shall draw upon such Improvement Cost Deposit to pay for the cost of improvements required to be performed by Landlord in the Premises by Section 3.1 of this Lease and Landlord shall not draw upon such Improvement Cost Deposit for any other purpose until such improvements are completed in accordance with the requirements of this Lease.

  • All interest from the investment of the Construction Cost Deposit shall accrue to and be reported to the Internal Revenue Service one-half for the account of Seller and one-half for the account of Buyer, and Escrow Agent shall disburse such interest to Seller and Buyer upon termination of this Agreement.

  • If Lender does not accept this Agreement on or before the Lender Acceptance Date, then such offer shall be automatically revoked as of such date and the Good Faith Deposit, Engineering Cost Deposit and Lender Fee (as hereinafter defined) received by CIGNA Investments, Inc.

  • The Port has applied and will continue to apply the Transaction Cost Deposit from time to time to reimburse the Port for its Non-Port Costs.