Resident Deposit definition

Resident Deposit means any deposit or other security given by a Resident pursuant to a Resident Agreement.
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Resident Deposit any refundable deposit or other refundable security provided to the Seller by a Resident or a prospective resident of the Community.
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Resident Deposit has the meaning set forth in Section 3(a).
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Examples of Resident Deposit in a sentence

  • Claims (Other Secured Claims against ALC), Class 3 (General Unsecured Priority Claims), Class 5 (Trade Claims against ALC), Class 6 (Resident Deposit Account Claims against ALC), Class 7 (Guaranty Claims against ALC) and Class 8 (Intercompany Claims against ALC) are Unimpaired and are presumed conclusively to have accepted the Plan.

  • Schedule 6.1(g) identifies the Property and unit number where each Resident resides, the current monthly fee charged to such Resident, and the amount of any Resident Deposit provided by such Resident.

  • Accordingly, on or prior to the Closing Date, Seller shall return to each resident of each Owned Property or Leased Property or Outside Property any resident security deposit made by such resident (each a "Resident Deposit") and shall deliver to Buyer on the Closing reasonable evidence that the same has occurred.

Related to Resident Deposit

  • 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: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination 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.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Non-Primary Residence Loans The Mortgage Loans designated as secured by second or vacation residences, or by non-owner occupied residences, on the Mortgage Loan Schedule.

  • 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.

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

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Residential area means land used as a permanent residence or domicile, such as a house, apartment, nursing home, school, child care facility or prison, land zoned for such uses, or land where no zoning is in place.

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Residential Lot means a lot, the use of which is limited by law, covenant,

  • Permitted Special Servicer/Affiliate Fees Any commercially reasonable treasury management fees, banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such party with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,653,198.45.