Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;
Earnest Money means 10% of the Reserve Price for each Property.
Earnest Money means money placed with a holder by a prospective buyer of residential real property to show a good-faith intention to perform pursuant to an executed purchase and sale agreement.
Examples of Earnest Money in a sentence
To encash Earnest Money Deposit and Performance Bond/Warranty Bond, if furnished by the BIDDER, in order to recover the payments, already made by the BUYER, along with interest.
The Earnest Money Deposit (in pre-contract stage) and/or Retention Money Deposit/Security Deposit/ Performance Bond (after the contract is signed) shall stand forfeited either fully or partially as decided by the BUYER and the BUYER shall not be required to assign any reason therefore.
The Earnest Money Deposit of the successful Vendor/Bidder shall be released at the time of payment of the Tax Invoice for supply of only upon the Vendor/Bidder's completion of items listed in the scope of work and on receipt of the Performance Bank Guarantee.
More Definitions of Earnest Money
Earnest Money means 10% of the Total Consideration to be paid by the Applicant as per the Payment Plan for due fulfillment of the terms and conditions of the Application/Buyer’s Agreement.
Earnest Money means 15% of the Basic Sale Consideration of Unit
Earnest Money means 15% of the Total Consideration to be paid by the Applicant as per the Payment Plan.
Earnest Money means 10% of the Total Price, including the booking amount paid by the Applicant(s).
Earnest Money means the booking amount/ booking amount paid alongwith this application.
Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter; “Government Authority” means any government, statutory, departmental or public body or authority, including courts of competent jurisdiction; “Indenture of Conveyance” shall have the meaning ascribed to it in Clause 2.2 hereof;
Earnest Money means 10% of total price of the Unit.