Due Diligence Deposit definition

Due Diligence Deposit shall have the meaning set forth in Section 2.05.
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Due Diligence Deposit has the meaning set forth in Section 2.3(f).
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Due Diligence Deposit shall have the meaning ascribed to it in Section 1.13 hereof.
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Examples of Due Diligence Deposit in a sentence

  • Each Substitution Request shall be accompanied by the following: (i) the information required by the Underwriting Requirements with respect to the proposed Substitute Mortgaged Property and any additional information Lender reasonably requests; and (ii) the payment of all Additional Collateral Due Diligence Fees and the Additional Collateral Due Diligence Deposit.

  • If the First Closing is not consummated for any reason other than Seller's failure to perform its respective obligations hereunder, then within ten (10) Business Days after the termination of this Agreement, Acquiror shall repay to Seller the Due Diligence Deposit, less any Transaction Costs incurred by Acquiror in connection with the Due Diligence Review.

  • Any portion of the Additional Collateral Due Diligence Deposit deposited with Lender and not actually used by Lender to cover due diligence expenses shall be refunded to Borrower on the applicable Closing Date.

  • If the First Closing is consummated, then Seller shall be entitled to set-off as of the First Closing Date the Due Diligence Deposit against the Transaction Costs for which Seller is responsible under this Agreement that have been incurred by Acquiror.

  • If the transactions contemplated herein are consummated, then Seller shall be entitled to set-off the Due Diligence Deposit against the Transaction Costs for which Seller is responsible under this Agreement that have been incurred by Acquiror.

  • If Seller fails to perform its respective obligations hereunder, then Acquiror shall not be obligated to return to Seller any portion of the Due Diligence Deposit.

  • If the transactions contemplated herein are not consummated for any reason other than Seller's or Indemnitor's failure to perform their respective obligations hereunder, then within ten (10) Business Days after the termination of this Agreement, Acquiror shall repay to Seller the Due Diligence Deposit, less any Transaction Costs incurred by Acquiror in connection with the Due Diligence Review.

  • Prior to the date hereof, Seller advanced to Acquiror a due diligence deposit in the amount of $375,000 (the "Due Diligence Deposit") to be used by Acquiror to pay any reasonable and documented costs and expenses, including attorneys' fees and expenses, incurred by Acquiror, its contractors and consultants in connection with Acquiror's due diligence review of the Real Property Assets, the Company and the Company Subsidiaries (the "Due Diligence Review").

  • Each Addition Request shall be accompanied by the following: (i) the quality and type of property-related information required by Lender in connection with the Initial Advances made hereunder and any additional information Lender may reasonably request; and (ii) the payment of all Additional Collateral Due Diligence Fees and the Additional Collateral Due Diligence Deposit.

  • In the event of such termination, Acquiror shall (i) immediately return to Seller or destroy all due diligence materials, reports and studies delivered to Acquiror by Seller (without Acquiror retaining copies thereof) and copies of any reports or studies conducted by or at the direction of Acquiror and in its possession and (ii) promptly pay to Seller the Due Diligence Deposit, less any Transaction Costs incurred by Acquiror in connection with the Due Diligence Review.

Related to Due Diligence Deposit

  • Due Diligence Fee means a payment of an annual fee equal to $800 due upon the date of this Agreement and $500 due upon each anniversary thereof so long as any Advance is outstanding or available hereunder.

  • Due Diligence Materials means the information to be provided by Seller to Purchaser pursuant to the provisions of Section 4.1 hereof.

  • Due Diligence Examination shall have the meaning set forth in Section 3.2.

  • Due Diligence Review means the performance by Buyer of any or all of the reviews permitted under Section 44 hereof with respect to any or all of the Loans or Seller or related parties, as desired by Buyer from time to time.

  • Due Diligence Period has the meaning set forth in Section 4.1.

  • Due Diligence Request means the due diligence request letter from Xxxxxxx and Xxxxxx LLP, counsel to the Purchaser, dated March 6, 2024.

  • Due Diligence Information means any information supplied to the Supplier by or on behalf of the Customer prior to the Call Off Commencement Date;

  • Buyers Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Due Diligence Service Provider As defined in Section 12.13(l) of this Agreement.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Inspection Fee means a fee payable to Lender or Loan Servicer for performing any inspection required by this Agreement in an amount not to exceed $500.00 per inspection.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Buyer’s Representatives has the meaning set forth in Section 6.02.

  • Due Diligence means examinations, inspections, investigations, tests, studies, analyses, appraisals, evaluations and/or investigations with respect to the Property, the Documents, and other information and documents regarding the Property, including, without limitation, examination and review of title matters, applicable land use and zoning Laws and other Laws applicable to the Property, the physical condition of the Property, and the economic status of the Property.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

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

  • Customer Due Diligence means a process which involves establishing the identity of a client, the identity of the client’s beneficial owners in respect of legal persons and monitoring all transactions of the client against the client’s profile;

  • Seller’s Solicitors means Xxxxx & XxXxxxxx LLP of 000 Xxx Xxxxxx Xxxxxx, Xxxxxx XX0X 0XX;

  • Inspection Period means the period beginning on the Effective Date and expiring at 5:00 p.m. eastern time on the forty-fifth day after the Effective Date.

  • Buyer’s Solicitors means Xxxxxx Xxxxxxx LLP of 0 Xxx Xxxxxx Xxxxxx, Xxxxxx XX0X 0XX;

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Buyer Representatives shall have the meaning set forth in Section 6.4(a).

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Seller has the meaning set forth in the Preamble.