Return of Deposit definition

Return of Deposit. Provided that CM Xiamen Bay has repaid in full all monies owed to Tianjin Finances under the Sale and Leaseback Agreement, Tianjin Finances shall return the balance of Deposit (if any) to CM Xiamen Bay by way of a cash deposit in a designated bank account of CM Xiamen Bay. Alternatively, subject to Tianjin Finances’ consent, CM Xiamen Bay may deduct the amount of Deposit from the last installment to be paid to Tianjin Finances.
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Examples of Return of Deposit in a sentence

  • Management will deduct a cleaning fee of $16.00 per hour per maintenance person from the deposit if staff must complete any of the cleaning tasks listed in Return of Deposit, above.

  • The deposit is only refundable under the following circumstances: Part of School Amount of Deposit Conditions for Return of Deposit Nursery One month's fees No payments are outstanding, Parents give one month's notice in writing of termination and such notice is given after the child has started at the Nursery.

  • On the occurrence of any Release Event, subject to the terms of Section 4.4(h) (Return of Deposit Materials) of this Agreement, and provided that Walmart has paid all Charges that are not disputed in accordance with Section 6.3 (Payment Disputes), Walmart shall be entitled to exercise its rights under the Source Code Escrow Agreement pursuant to the terms of the Source Code Escrow Agreement.

  • Other than with respect to the Deposit Materials that were released (which shall be subject to Section 4.4(h) (Return of Deposit Materials)), each Party shall, upon termination or expiration of this Agreement, return or destroy (by rendering unreadable and unusable) Confidential Information of the other Party.

  • In addition, if Buyer shall have elected to seek specific performance of Seller’s obligations hereunder as aforesaid and it shall be determined by final judgment that Buyer shall not be entitled to such remedy, then Buyer’s sole remedy shall be the Return of Deposit.

  • Other than with respect to the Deposit Materials that were released (which shall be subject to Section 5.4(h) (Return of Deposit Materials)), each Party shall, upon termination or expiration of this Agreement, return or destroy (by rendering unreadable and unusable) Confidential Information of the other Party.

  • Return of Deposit: Resident shall pay over to Enclave by Texas Casador CIA all sums due by resident to Enclave by Texas Casador CIA under any of the provisions of this agreement immediately upon receipt by resident of a statement setting forth the sums due.

  • Return of Deposit can only be made once the Licensor is in receipt of the Licensee’s bank account details.

  • On the occurrence of any Release Event, subject to the terms of Section 5.4(h) (Return of Deposit Materials) of this Agreement, and provided that Walmart has paid all Charges that are not disputed in accordance with Section 7.3 (Payment Disputes), Walmart shall be entitled to exercise its rights under the Source Code Escrow Agreement pursuant to the terms of the Source Code Escrow Agreement.

  • The security deposit will be used at the end of tenancy to compensate the owner for any damages or unpaid rent or charges, as stated in paragraph titled "Return of Deposit".