Prepaid Deposits definition

Prepaid Deposits has the meaning ascribed to it in Section 1.05(f).
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Prepaid Deposits shall have the meaning set forth in Section 2.1(c).
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Prepaid Deposits means advances to vendors, pre-paid advertising and tradeshow deposits which are scheduled to appear after the Closing Date, rent deposits, utility deposits and Fall 2002 Pre-Closing Expenses as defined in Section 6.2(a) and premiums under the Health Plan for the month of January 2002; provided if the Closing occurs prior to January 5, 2002 Purchaser shall reimburse Seller for the full premium paid for January 2002 for the Health Plan.
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Examples of Prepaid Deposits in a sentence

  • Newly acquired properties for which the Company is not currently in possession of the appropriate titles but does not expect there to be issues in receiving the titles, are classified as Prepaid Deposits on Investment Properties.

  • All rights of Issuer in and to the Collateral (described more particularly herein as the Rigs, Contracts, Equipment, Rolling Stock, Additional Tangible Assets, Accounts and Notes Receivable, Insurance Benefits, Prepaid Deposits and Expenses, Claims and Warranties, Permits, Intangible Assets, Books and Records of Issuer, Other Assets, and Causes of Action (all as defined herein) now owned or hereafter acquired, subject only to Permitted Encumbrances.

  • Purchaser shall pay to Seller on the Closing Date the aggregate amount of all items shown on the Deposit Certificate and the Prepaid Deposits reflected on the Deposit Certificate shall be included in the Assets.

  • The following table represents properties classified as Prepaid Deposits on Investment Properties, as of December 31, 2016; 20162015 # of PropertiesValue at 31‐Dec‐16$CDN # of PropertiesValue at 31‐Dec‐15$CDNResidential‐‐‐‐Office‐‐‐‐Retail‐‐‐‐Land and Redevelopment1*42,7591*69,727Total142,759169,727* This land asset is part of one of the land packages outlined in the Investment Properties section and is not a standalone land package.

  • Buyer shall have paid to Seller by wire transfer of immediately available funds an amount equal the Purchase Price less the sum of the Escrow Funds and the Prepaid Deposits.

  • As of December 31, 2022, the Company was involved in several legal suits on different grounds.

  • Any changes will be immediately posted on Our Site and you will be deemed to have accepted the terms of the Privacy Notice on your first use of Our Site following the alterations.

  • All Prepaid Deposits relating to any Open Purchase Orders have been paid in full.

  • This is a decrease of $24,928 from the previous month and is due primarily to a decrease in our Prepaid Deposits for book printing purchases.

  • The main account that offsets these positive cashflow items into CANTERRA SEEDS is an increase of $0.55 in Prepaid Expenses and Prepaid Deposits.


More Definitions of Prepaid Deposits

Prepaid Deposits means all proceeds from the sale of season passes, any other pre-sold tickets and any sponsorship or promotional payments received, in each case, with respect to the 2001 season of the Park or any subsequent season thereof.
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Related to Prepaid Deposits

  • Assumed Deposits means Deposits.

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Excluded Deposits means (w) those deposit liabilities that are or would be considered “brokered deposits” for purposes of the rules and regulations of the FDIC, any of which, as of the date hereof, are listed on Exhibit 1.1(e)(i), (x) Escheat Deposits, (y) those deposit liabilities (i) related to a financial advisory relationship with Seller’s Xxxxxxx Xxxxx Wealth Management or US Trust divisions, (ii) related to a client managed relationship in Seller’s Business Banking, Middle Market, or Large Corporate divisions or any other non-retail division, (iii) linked to affinity relationships or programs set forth on Exhibit 1.1(e)(iii) (and such Exhibit 1.1(e)(iii) shall be updated by Seller as of 5:00 p.m., Eastern time, on the date that is five (5) Business Days prior to the Closing Date (and delivered to Purchaser on or before the date that is three (3) Business Days prior to the Closing Date), or (iv) that constitute security for loans that are not to be transferred to Purchaser under the terms of this Agreement, and (z) those deposit liabilities that have been opened by an employee (other than a Transferred Employee) or former employee of Bank of America Corporation.

  • Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation.

  • Deposit Liabilities means all of Seller's duties, obligations and liabilities relating to the deposit accounts of the Branches as of the Effective Time (including accrued but unpaid or uncredited interest thereon).

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which a Grantor may from time to time designate as pledged to the Administrative Agent or to any Secured Party as security for any Secured Obligations, and all rights to receive interest on said deposits.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Customer Deposits means deposits made by customers with respect to the purchase of goods or the performance of services.

  • Demand deposits means a deposit received by the Bank which is withdrawable on demand;

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Collection Accounts As defined in Section 3.10(a).

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Prepaid Expenses has the meaning set forth in Section 1.2(f).

  • Fund Deposit means the deposit of funds transferred by the Client or the Client's Authorized person and credited to the Company Account for transfer to the Client's Account.

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

  • Payments or Deposits means the cash, check, or credit card amounts actually paid for Your Trip. Certificates, vouchers, discounts, credits, frequent traveler or frequent flyer rewards, miles or points applied (in part or in full) towards the cost of Your Travel Arrangements are not Payments or Deposits as defined herein.

  • Security Deposits means all Tenant security deposits in the form of cash and letters of credit, if any, held by Seller, as landlord (together with any interest which has accrued thereon, but only to the extent such interest has accrued for the account of the Tenant).

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

  • Controlled Deposit Account means each deposit account (including all funds on deposit therein) that is the subject of an effective Control Agreement and that is maintained by any Loan Party with a financial institution approved by the Administrative Agent.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.