Initial Xxxxxxx Money Deposit definition

Initial Xxxxxxx Money Deposit has the meaning ascribed to such term in Section 4.1.
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Initial Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).
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Initial Xxxxxxx Money Deposit has the meaning set forth in Section 3.1.
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Examples of Initial Xxxxxxx Money Deposit in a sentence

  • If the Purchaser approves the Properties and proceeds with this transaction, the $250,000 Initial Xxxxxxx Money Deposit will be deemed non-refundable except only in the event of a Seller default, and shall be applicable to the Purchase Price.

  • A portion of the Initial Xxxxxxx Money Deposit in the amount of $100.00 (the "Independent Consideration"), constitutes the amount the parties have bargained for and agreed to as consideration for Seller's execution and delivery of this Agreement.

  • Notwithstanding the foregoing and as described in the Reservation Agreement, the Reservation Deposit is to be applied under only the first purchase agreement for a unit in the Project submitted by Purchaser and, if this Agreement is for a second unit in the Project, Purchaser shall pay the full Initial Xxxxxxx Money Deposit of Ten Thousand Dollars ($10,000.00).

  • If Buyer fails to timely deliver the Inspection Notice, or if Buyer’s Inspection Notice does not unconditionally indicate Buyer’s approval of its Physical Inspections and Other Investigations of the Property, this Agreement shall immediately terminate, the Initial Xxxxxxx Money Deposit less the Independent Consideration shall be returned to Buyer, and the rights and obligations of the parties hereunder, other than as otherwise expressly set forth in this Agreement shall terminate.

  • Xxxxxxx Xxxx., Xxxxx 000, Xxxxxxx, Xxxxxxx 00000, Attn: Xxx Xxxx (the “Escrow Agent”), a fully executed original of this Agreement for use as escrow instructions, Seller’s depositing with Escrow Agent the Initial Xxxxxxx Money Deposit previously delivered to Seller by Buyer, and Buyer’s depositing with Escrow Agent the Additional Xxxxxxx Money Deposit.

  • The aggregate of the Initial Xxxxxxx Money Deposit and the Remaining Xxxxxxx Money Deposit.

  • The Initial Xxxxxxx Money Deposit together with the Additional Xxxxxxx Money Deposit and any other additional deposits provided for herein, together with all interest and earnings on all such amounts, shall be referred to herein as the “Xxxxxxx Money Deposit”.

  • Date: Seller: (Signature) Date: Seller: (Signature)  ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF INITIAL XXXXXXX MONEY DEPOSIT Paragraph 1(d) of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment to Escrow Agent of an Initial Xxxxxxx Money Deposit in the amount of $ .

  • The Initial Xxxxxxx Money Deposit, the Additional Xxxxxxx Money Deposit, and the Extension Deposit (if delivered), together with all interest accrued thereon, less the Independent Consideration (as defined in Section 1.3 hereof), shall be referenced herein as the "Xxxxxxx 2 Money Deposit".

  • On or prior to the Approval Date (as defined in Section 2.5.3 hereof), Buyer shall 2 have the right to terminate this Agreement in accordance with Section 2.5.3, in which case the Initial Xxxxxxx Money Deposit (except for the Independent Consideration) shall be returned to Buyer and the parties shall have no further obligations hereunder except as otherwise provided herein.


More Definitions of Initial Xxxxxxx Money Deposit

Initial Xxxxxxx Money Deposit means the portion of the Initial Xxxxxxx Money Deposit (as defined in the Master Purchase Agreement) allocated to the Property under the terms of the Master Purchase Agreement.
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Initial Xxxxxxx Money Deposit means the sum of Fifty Thousand and No/100 Dollars ($50,000.00 U.S.) actually paid by GIPLP (or which GIPLP is obligated to pay) to Escrow Agent hereunder, and together with all interest which accrues thereon as provided in Section 2.4(b) hereof.
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Initial Xxxxxxx Money Deposit means One Hundred Fifty Thousand and No/100 Dollars ($150,000.00) to be deposited by Purchaser as provided in Section 4 hereof and all interest and income earned thereon while held in escrow.
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Initial Xxxxxxx Money Deposit means the deposit of Fifty Thousand and No/100 Dollars ($50,000.00) to be given by Buyer to Escrow Agent pursuant to Section 3(a)(i) of this Agreement, as well as all interest earned thereon in the interest-bearing money market account in which Escrow Agent is required to place the Xxxxxxx Money Deposit.
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Initial Xxxxxxx Money Deposit means the Initial Xxxxxxx Money Deposit in the amount of Twenty Five Thousand Dollars ($25,000), to be deposited by Buyer in the Escrow in accordance with the provisions of Section 4.1 of this Agreement, together with any and all interest and dividends earned thereon.
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Related to Initial Xxxxxxx Money Deposit

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

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

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

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

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Xxxxxxx Money shall have the meaning assigned thereto in Section 2.3.

  • Initial Reserve Account Deposit means $3,000,000.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

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

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Xxxxxxx Xxxxxxx Policy means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.