Deposit Amount definition
Examples of Deposit Amount in a sentence
The MAG suspension shall have no effect on (i) any adjustments specified in this Lease to be made to the MAG; or (ii) the Deposit Amount.
Limit on Bank duties and responsibilities The duties and responsibilities of the Bank in relation to the Accounts and the Deposit Amount are limited to those set out in this document and, accordingly, the Bank: acts as a depository only and is not responsible or liable for the sufficiency or validity of any funds deposited with it; and is not and must not be treated as being a trustee or fiduciary acting for the benefit of any of the parties.
Set-off and waiver The Bank acknowledges that other than any amounts identified in a Payment Instruction as being payable to the Contractor, the Deposit Amount is not beneficially owned by the Contractor and the Bank must not exercise any rights or powers under a Security Interest, or any right of set-off, combination of accounts or counterclaim in respect of the Accounts.
On or before the date specified by the Director, ▇▇▇▇▇▇ will deliver to Director, at City’s Deposit/Annual Report Notice Address, a security deposit (the “Deposit”) in the Deposit Amount.
If the Deposit Amount is paid by the CLIENT, LANDLORD will deduct the Shipping fees from it.