Reservation Deposits definition

Reservation Deposits has the meaning set forth in Appendix 1.1(A).
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Reservation Deposits means deposits from guests to reserve rooms or facilities at the Hotel.
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Reservation Deposits has the meaning set forth in Section 2.02(a)(11).
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Examples of Reservation Deposits in a sentence

  • Additional terms and provisions governing Reservation Deposits and cancellation for inclement weather and travel insurance are set forth in Addendum No. 1 to this Lease.

  • Contract signer is responsible for clean – up and CITY will charge the extra ordinary cleanup against the LESSEE’S Damage and Reservation Deposits.

  • The Agent shall ensure that all Reservation Deposits be paid direct to the designated or other client account of the Developer to be held by them.

  • Reservation Deposits shall be made payable to Bata and Mellow Law Office, PA Trust Account.

  • Overnight Xxxx Reservation Deposits become non-refundable / non-transferable within 14 days prior to the holiday for which the reservation is made.

  • On the date of Closing, the aggregate amount of any Reservation Deposits or other advance payments and deposits received by Seller (which shall be retained by Seller) shall be credited against the Purchase Price for the benefit of Purchaser.

  • Reservation Deposits held before lease term will become the Security/Damage/Cleaning deposit after Student moves in and the Lease Term begins.

  • Reservation Deposits shall be held in a non-interest-bearing escrow or trust account by the Attorney and are fully refundable upon receipt of Buyer’s written request at any time prior to establishing a binding purchase and sale agreement for the Home (the “Contract”).

  • Reservation Deposits shall be held in a non-interest-bearing escrow account by the Attorney and are fully refundable upon Xxxxx’s written request at any time prior to establishing a binding purchase and sale agreement (the “PSA”) for the specified home and homesite.

  • Reservation Deposits shall be deposited in a NON-interest bearing account which must be available for withdrawal in full by the Escrow Agent at all reasonable times.


More Definitions of Reservation Deposits

Reservation Deposits means the aggregate amount of any deposits received by the Seller (whether paid in cash or by credit card) made for rooms, banquets, meals or other services to be supplied from and/or after the Closing Date.
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Related to Reservation Deposits

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

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

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

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

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

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • 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.

  • Reserve Funds means, collectively, the Tax and Insurance Reserve Fund, the Replacement Reserve Fund, the Required Repair Fund, the Rollover Reserve Fund, the Ground Lease Reserve Fund, the Excess Cash Flow Reserve Fund and any other escrow fund established by the Loan Documents.

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

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

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class A( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Initial Reserve Account Deposit means $3,000,000.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.