Refundable Deposits definition

Refundable Deposits means any deposits of cash received by any Company provided that such deposits are not booked as accounts receivable or as revenue by any Company and are subject to refund to the depositor.
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Refundable Deposits has the meaning set forth in Section 3(v) below.
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Refundable Deposits means, as of the date of determination, the total of all payments made by all Customers with respect to Eligible NTP Projects which such payments are subject to the requirement that they be refunded to such Customer in the event such Eligible NTP Project does not reach Commercial Operation.
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Examples of Refundable Deposits in a sentence

  • To the extent there exists any refundable deposits made in connection with the development of the Property prior to the Closing ("Refundable Deposits"), Seller shall assign to Buyer all of Seller's right, title and interest in and to such Refundable Deposits.

  • Additionally, any Conditionally Refundable Deposits we hold in your name will be transferred to the new owner as of the date of such sale and refund of such Deposit in accordance with the terms of the Housing Contract shall become the obligation of the new owner.

  • The range of estimated useful lives by type of asset is as follows: Buildings and Improvements 40 YearsGas System and Improvements 40 YearsGas Line Upgrades 20 YearsFurniture and Fixtures 10 YearsVehicles and Equipment 5 Years Refundable Deposits – Refundable meter deposits represent the funds received from customers for their gas utility deposits.

  • Agency funds are used to account for Refundable Deposits, Cash Bonds Payable and the Payroll Revolving.

  • On 30 December 2020, Hongkun Ruibang Wuxi entered into the Sole Agency Agreement 2 with Wuxi Yongqing, pursuant to which Hongkun Ruibang Wuxi should provide agency services for the lease/right-of-use transfer of 643 car parking spaces and the sale of 2 shops all developed by Wuxi Yongqing and was required to pay the Refundable Deposits 2 to Wuxi Yongqing to ensure provision of agency services.

  • It is imperative that all rules and regulations are strictly adhered to, including settling the outstanding tuition fee (if any), failing which, the Refundable Deposits shall be forfeited.

  • Box 28: Refundable Deposits for Waste Management (Seychelles)Refundable deposits are levied on the organisers of all public events to cover the costs of waste disposal and clean-up activities.

  • Other Financial Assets includes the Other Receivables and Refundable Deposits.

  • Council is liable to repay deposits as and when required; and Refundable Deposits ($5m) – are taken by Council as a form of surety in a number of circumstances, including in relation to building works, tender deposits, contract deposits and the use of civic facilities.An item placing additional pressure on Council’s Liquidity Ratio is the classification of leave entitlements.

  • Warrant investment shall account for 0 - 3% of Net Asset Value of the Fund; investment in cash (excluding Deposit Reservation for Balance, Refundable Deposits and Receivable Subscription Accounts etc.) and government bonds with maturity of less than one year shall be not less than 5% of NetAsset Value of the Fund.The Fund Manager can include into the scope of investment other types of investments that are approved by Laws and Regulations as well as regulatory bodies after proper procedures.


More Definitions of Refundable Deposits

Refundable Deposits means security and other deposits and payments payable to SP Canada in British Columbia related to the production in British Columbia of the Picture Materials that by the terms of such deposits or payments may be refunded in whole or in part to SP Canada or that may in whole or in part be applied by, or otherwise forfeited to, any third party to satisfy obligations related to the production of the Picture Materials in British Columbia;
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Refundable Deposits. LAN LORD acknowledges receipt from TENANT of a refundable security deposit in
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Related to Refundable Deposits

  • 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.

  • Imposition Deposits are defined in Section 7(a).

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • 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).

  • Tenant Deposits means all security deposits, prepaid rentals, cleaning fees and other refundable deposits and fees collected from Tenants, plus any interest accrued thereon, paid by Tenants to Seller pursuant to the Leases. Tenant Deposits shall not include any non-refundable deposits or fees paid by Tenants to Seller, either pursuant to the Leases or otherwise.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

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

  • 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;

  • Security Deposit Account has the meaning given in Section 5.1.

  • 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: 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.

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • 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.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

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

  • 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.

  • Assumed Deposits means Deposits.

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

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

  • Agent Account means such account of the Administrative Agent as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

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

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.