New deposit definition

New deposit means a deposit required if the initial deposit has been returned and the criteria exists to require a deposit. It is figured the same way as the initial deposit.
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New deposit means the New Deposit and shall include interest earned thereon. All references in the Purchase Agreement to the Deposit shall be deemed to refer to the New Deposit, and all references in the Purchase Agreement to the Initial Deposit and the Additional Deposit shall be deleted. The New Deposit shall be held and disbursed in accordance with the Purchase Agreement, and shall be further disbursed in accordance with Section 6 and/or Section 8 of this Reinstatement. The Deposit Escrow Instructions attached as Exhibit B to the Purchase Agreement are hereby deleted and replaced with the New Deposit Escrow Instructions, and all references in the Purchase Agreement to the Deposit Escrow Instructions shall be deemed to refer to the New Deposit Escrow Instructions. The New Deposit shall be allocated among each of the Hotel Assets in accordance with the relative Allocated Purchase Prices of such Hotel Assets (each, an “Allocated Deposit”). Section 2.1.1 of the Purchase Agreement is deemed to be deleted in its entirety.
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New deposit means a further Wakala deposit placed with the Bank by the Client pursuant to an Instruction from the Client in accordance with this Agreement;
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Examples of New deposit in a sentence

  • Bank: [XXXXXXXXXX] New deposit account in the name of: [XXXXXXXXXX] IBAN [XXXXXXXXXX] ACCOUNT number [XXXXXXXXXX] BIC: [XXXXXXXXXX] Each Selling Shareholder (the “Selling Shareholders”) of the securities and any of their pledgees, assignees and successors-in-interest may, from time to time, sell any or all of their securities covered hereby on the principal Trading Market or any other stock exchange, market or trading facility on which the securities are traded or in private transactions.


More Definitions of New deposit

New deposit has the meaning given to it in Paragraph 1(a)(i) hereof;
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New deposit means a deposit accepted after the 23rd day of November, 1973; "personal credit" means -
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Related to New deposit

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

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.