Deposit Monies definition

Deposit Monies means the initial cash sum of €[ • ] to be paid or transferred by the Depositor into the Account pursuant to Clause 3.1 together with all other cash sums paid or transferred into the Account pursuant to Clause 3.2;
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Deposit Monies means at any time the aggregate of all cash sums paid or transferred by the Depositor into the Account pursuant to Clause 3.1 and which have not been repaid to the Depositor at or prior to such time;
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Deposit Monies means the monies referenced in Section 2.05 of this Lease.
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Examples of Deposit Monies in a sentence

  • All of the Deposit Monies, plus interest thereon, shall also be returned to Purchaser if this Agreement is terminated because of a casualty under Section 6.3(a) hereof, or a taking under Section 6.4 hereof.

  • Notwithstanding the foregoing, if the cost of such remediation exceeds or is reasonably expected (based on written quotations from contractor(s) mutually acceptable to Seller and Purchaser) to cost Seller more than $100,000, Seller may terminate this Agreement by written notice to Purchaser, at which point all Deposit Monies shall be returned to Purchaser, with interest, and neither party shall have any further rights or obligations hereunder.

  • Seller also acknowledges and agrees that Escrow Holder serving as escrow holder shall in no manner whatsoever disqualify or be cause for disqualification of Escrow Holder with respect to the current or future representation of Purchaser arising out of or involving any matter or issue relating to the Deposit Monies or this Agreement or otherwise; it being hereby understood and agreed that Purchaser will continue to be represented by Escrow Holder in connection with the foregoing matters.

  • Seller and Purchaser agree that Escrow Holder is acting as a stakeholder only for the convenience and at the request of Purchaser and Seller, and Escrow Holder shall be responsible only for the safekeeping and proper disposition of the Deposit Monies in accordance with the terms of this Agreement.

  • Unless otherwise specified on the applicable Order Form, all fees shall be due and payable in advance, within thirty (30) days of the date of your receipt of Orkestra’s invoice.

  • A copy of the Check-In/Out Form was given to Tenant on signing this Agreement A copy of the Notice Regarding Security Deposit Monies was given to Tenant on signing this Agreement.

  • If such aggregate total of the actual or reasonably anticipated Holiday Inn Costs exceeds or is reasonably expected by Purchaser to exceed $1,500,000.00, then Purchaser may, in its sole discretion, elect to terminate this Agreement by written notice to Seller prior to Closing, in which event all Deposit Monies, together with any interest thereon, shall be immediately returned to Purchaser, and thereupon neither party shall have any obligation to the other hereunder.

  • Therefore, Seller's damages on Purchaser's default shall in all events be limited to Seller's retention of the Deposit Monies, which are agreed to be Seller's liquidated damages hereunder.

  • The Deposit Monies shall be held in escrow pending Closing hereunder.

  • The Deposit Monies shall be paid to the Seller at Closing and applied on account of the Purchase Price.


More Definitions of Deposit Monies

Deposit Monies has the meaning set forth in Section 2.2(c);
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Related to Deposit Monies

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Escrow Accounts means the ‘no-lien’ and ‘non-interest bearing’ account(s) opened with Escrow Collection Bank and in whose favour the Anchor Investors will transfer money through direct credit or NEFT or RTGS or NACH in respect of the Bid Amount when submitting a Bid;

  • Collection Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).