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. LAN LORD acknowledges receipt from TENANT of a refundable security deposit in
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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.

  • Nothing in this Section 8(a) is intended to require or does require any Company to submit Refundable Deposits received by it from customers or potential customers to Laurus or to cause such Refundable Deposits to be made to the Lockboxes.

  • The Seller has made certain deposits to secure liabilities of the Seller for leases, utilities, and telecommunications circuit agreements to be assumed by the Buyer under this Agreement from which no deductions would be made were the Seller to complete the terms of such leases, utilities, and telecommunication circuit agreements and request reimbursement from the holders of such deposits (the "Refundable Deposits"), which amount to a total sum equal to or greater than $18,330.

  • As disclosed in the Parking Lot Refundable Deposits Announcement, during the ordinary course of rendering the Parking Lot Sales Agency Services by the Group to ▇▇.

  • The Company will appoint an independent financial adviser to advise the Independent Board Committee and the Independent Shareholders on the entering into of the Supplemental Parking Space Sales and Leasing Agency Services Framework Agreements, the transactions contemplated thereunder and the ratification of the payment of the Historical Refundable Deposits.

  • Independent Board Committee and Independent Financial Adviser Pursuant to the Listing Rules, the Independent Board Committee has been established to advise the Independent Shareholders on the entering into of the Supplemental Parking Space Sales and Leasing Agency Services Framework Agreements, the transactions contemplated thereunder and the ratification of the payment of the Historical Refundable Deposits.

  • As one or more of the applicable percentage ratios in respect of the Historical Refundable Deposits exceed 5% but are less than 25%, such payment of the Historical Refundable Deposits constituted a discloseable transaction and continuing connected transactions of the Company and is subject to the reporting, annual review, announcement, circular and Independent Shareholders’ approval requirements under Chapter 14 and Chapter14A of the Listing Rules.

  • Mr. ▇▇▇▇ (the chairman of the Board and a non-executive Director), being the ultimate beneficial owner of Beijing Tongdao, has abstained from voting on the resolution of the Board approving the entering into of the Supplemental Sales Agency Services Framework Agreement, the transactions contemplated thereunder and the ratification of the payment of the Historical Refundable Deposits.

  • As the Company had not complied with such applicable requirements prior to making the payment of the Historical Refundable Deposits, such payment constituted a breach of Chapter 14 and Chapter 14A of the Listing Rules.

  • During the Reporting Period, the Company had paid the Historical Refundable Deposits in an aggregate amount of RMB200,910,000 to Redsun Properties, among which the amount of RMB188,072,642 remained outstanding as of 31 December 2022 and the amount of RMB153,529,221 remains outstanding as of the date of this announcement.


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 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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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).

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