Examples of Performance Deposit in a sentence

At Closing, the Performance Deposit shall be a Buyer’s credit against the payment of the Purchase Price.
The Performance Deposit shall be held in escrow by the Escrow Agent pursuant to the terms and conditions of the Escrow Agreement entered into of even date herewith, by and among Escrow Agent, Seller and Buyer in the form attached hereto as Exhibit M (the “Escrow Agreement”) and shall be disbursed by the Escrow Agent in accordance with Section 23(b) below.
Buyer shall be solely responsible for paying any and all expenses and fees related to the use of Escrow Agent whether or not this transaction is consummated, and the Parties agree that no such expenses or fees shall be deducted from the Performance Deposit.
The agreed upon estimate of Purchase Price less the Performance Deposit shall constitute the dollar amount to be paid by Buyer to Seller at the Closing (the “Closing Payment”).
The escrow of the Performance Deposit shall be governed by Section 23, and if this Agreement is terminated without a Closing, then the distribution of the Performance Deposit by the Escrow Agent shall also be governed by the provisions of Section 23.

More Definitions of Performance Deposit

Performance Deposit has the meaning set forth in Section 3.1(b).

Performance Deposit means the security referred to in section 17.05;

Performance Deposit shall be as defined in Section 2.2.

Performance Deposit means cash, money order, check, or surety bond in the amount set forth in CVMC 8.25.095(B)(3).

Performance Deposit has the meaning set out in Section 3.1(b) of this Agreement.

Performance Deposit shall have the meaning set forth in Section 2(b).

Performance Deposit has the meaning given it in Article 2.3.