Examples of Initial Deposit in a sentence
Individuals who fail to cancel their contract by the first day of class will forfeit the $400 Initial Deposit and $250 Additional Deposit (as applicable) and their contract will be terminated.
Xxxxxx, Vice President Date: ACKNOWLEDGMENT OF ESCROW AGENT The undersigned hereby acknowledges receipt of the Initial Deposit, and agrees to accept, hold and disburse same in accordance with the provisions of this Agreement.
The Initial Deposit, Second Deposit and Refundable Cost Deposit are collectively referred to herein as the “Escrow Deposit”.
The deposit shall be due according to the following schedule: Deposit Type Deposit Order Due Date Amount Due Initial Deposit 1 With Signed Contract $5,000.00 Final Payment 2 11.4.24 Remaining Balance with Management Fee and Sales Tax Please make checks payable to: Niagara Falls Convention Center 000 Xxx Xxxxx Xxxxxx Niagara Falls, NY 14303 The balance of the license fee, reimbursable expenses and food and beverage fees shall be paid prior to the Event, no later than 12:00pm on November 4th, 2024.
If Landlord fails to deliver the Leased Premises on the Commencement Date, the Initial Deposit will be returned to the Tenant.