Purchase Agreement Deposit definition

Purchase Agreement Deposit means a deposit pursuant to a Residential Unit Contract of Sale or a Retail Unit Contract of Sale, as applicable.
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Purchase Agreement Deposit has the meaning ascribed thereto in Section 3.2.1(a).
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Purchase Agreement Deposit means the $5,000,000 xxxxxxx money deposit made under the Purchase Agreement.
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Examples of Purchase Agreement Deposit in a sentence

  • If the Purchase Agreement is terminated without consummating the transactions contemplated therein, any amounts received by the LLC as a result of such termination (including by reason of the return of the Purchase Agreement Deposit) shall be distributed to the Members pro rata to their respective Capital Contributions.

  • Borrower shall cause Mortgage Borrower to cause Purchase Agreement Deposit Escrowee to hold (at the Purchase Agreement Deposit Escrowee Bank), maintain and disburse all Purchase Agreement Deposits in accordance with the applicable Residential Unit Contract of Sale (or Retail Unit Contract of Sale), the Offering Plan (in the case of a sale of the Retail Unit, unless Mortgage Borrower obtained a No Action Letter), the Purchase Agreement Deposit Escrow Agreement and all other Legal Requirements.

  • The funds on deposit in the Purchase Agreement Deposit Accounts shall be disbursed in accordance with this Article 16, Article 16 of the Mortgage Loan Agreement and the Purchase Agreement Deposit Escrow Agreement.

  • Borrower shall have no right to cause Mortgage Borrower to release Purchase Agreement Deposits from the Purchase Agreement Deposit Accounts, except as expressly provided in the applicable Residential Unit Contract of Sale or the Retail Unit Contract of Sale, as applicable.

  • This Agreement and ---------------------------------------- the other writings referred to herein, delivered pursuant hereto or executed in connection with the offer and sale of the Convertible Preferred Stock and the Warrants and subsequent registration by the Company of Transfer Restricted Securities (including the Purchase Agreement, Deposit Agreement, Warrant Agreement and Certificate of Designations) contain the entire understanding of the parties with respect to its subject matter.

  • Solely for purposes of establishing the basis for the Purchase Agreement Deposit, and without in any way increasing the amount of the Purchase Agreement Deposit or expanding the circumstances in which the Purchase Agreement Deposit may be retained or received by Sellers, it is agreed that the Purchase Agreement Deposit (including any Deposit True-Up Amount and costs and expenses and interest pursuant to Section 1.7(d), if any), is a liquidated damage, and not a penalty.

  • The Priority Waitlist Deposit shall be accounted for separately from any other funds, deposits, or xxxxxxx money required under the Purchase Agreement; provided, however, that in the event Buyer executes the Purchase Agreement, the Seller, upon written request by the Buyer or if authorized by the terms of the Purchase Agreement, may transfer the Priority Waitlist Deposit as a portion od the Purchase Agreement Deposit.

  • The Reservation Deposit shall be accounted for separately from any other funds, deposits, or xxxxxxx money required under the Purchase Agreement for a unit; provided, however, that in the event Prospective Buyer executes the Purchase Agreement, the Escrow Agent, upon written request by the Prospective Buyer or if authorized by the terms of the Purchase Agreement, may transfer the Reservation Deposit to the Escrow Agent designated in the Purchase Agreement as a portion of the Purchase Agreement Deposit.

  • We have reviewed the Securities Purchase Agreement, Deposit Agreement, the Registration Statement, and the prospectus, dated April 13, 2022, as supplemented by a final prospectus supplement with respect to the offer and sale of the ADSs and the Warrants, as filed with the Securities and Exchange Commission on June 30, 2022.

Related to Purchase Agreement Deposit

  • Lease-purchase agreement means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series LL- Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 10 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;

  • Master Repurchase Agreement means the Master Repurchase Agreement of even date herewith between the Trust and Bear, Xxxxxxx & Co. Inc. as it may from time to time be amended.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Sale and Purchase Agreement means all the agreements entered into from time to time (whether before, on or after the date of this Agreement) by the Borrower for the sale of the Units and shall include any one or more or all of the Sale and Purchase Agreements.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Aircraft Purchase Agreement Has the meaning specified in the NPA.

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Purchase Agreements has the meaning set forth in the Recitals.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Repurchase Agreement means a simultaneous agreement to buy, hold for a specified time, and sell back at a future date obligations, described by Government Code 2256.009(a)(1) (obligations of gov- ernmental entities) or 2256.013 (commercial paper) or if applicable, 2256.0204 (corporate bonds), at a market value at the time the funds are disbursed of not less than the principal amount of the funds disbursed. The term includes a direct security repurchase agreement and a reverse security repurchase agreement. Gov’t Code 2256.011(b)

  • Master Purchase Agreement means the master purchase agreement between the Holder and the Corporation dated as of January 30, 2023;

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.