Sale Deposit definition

Sale Deposit has the meaning set forth in Section 9.05(c).
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Sale Deposit has the meaning set forth in Section 4.5(a) of the Lease. ------------ --------------
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Sale Deposit has the meaning set forth in Section 6.2(c) of the Lease.
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Examples of Sale Deposit in a sentence

  • Upon termination of the Sale Deposit Escrow Agreement, after payment by Lessee of all amounts owed by Lessee under this Lease and the other Operative Documents, any remaining amount of such interest shall be remitted to Lessee.

  • In the event that any Bulk Lot Sale is terminated and any Sale Deposit previously paid to Lender is to be returned to a Non-Related Party pursuant to the terms of a Purchase Contract, then Borrower may include in its Draw Request funds to pay all or a portion of said Sale Deposit to said Non-Related Party, provided there is no Event of Default and sufficient Loan funds are available under the Borrowing Availability.

  • Transfers of stumpage deposits from the Timber Sale Deposit Fund are made monthly to the authorized land exchange account as cutting occurs.

  • All net interest earned on such Permitted Investments shall be held pursuant to the Sale Deposit Escrow Agreement and shall constitute part of the Sale Deposit.

  • In no event shall such Forced Sale Deposit or accrued interest be deemed to be a Capital Contribution by any Member.

  • Within 2 Business Days following delivery of the Forced Sale Acceptance Notice, the Investor Member shall deliver the Forced Sale Deposit to a national title insurance company selected by the Investor Member, as escrow agent pursuant to a customary escrow agreement.

  • Upon delivery of the Forced Sale Deposit, the Forced Sale Acceptance Notice shall constitute a binding contract to consummate the sale of the Property and the other Company Assets, the direct or indirect Equity Interests in the Subsidiaries of the Company which own the Property and the other Company Assets, or the Owner Member’s Membership Interest, in each case in accordance with the terms of this Article 11.

  • Deliver to Assignor (i) the fully executed Assignment of Purchase Agreement, (ii) the fully executed New Lease, and (iii) an amount equal to the sum of (a) the Assignment Consideration, (b) the Sale Deposit, and (c) the Existing Lease Deposit (subject to the provisions set forth in Section 1 above), less Assignor’s share of closing costs, prorations and adjustments.

  • All net interest earned on such Permitted Investments shall be held in escrow for the account of Lessor pursuant to the Sale Deposit Escrow Agreement and shall constitute part of the Sale Deposit.

  • On the 271st day following the date of deposit of each Asset Sale Deposit, Administrative Agent shall withdraw from the Asset Sale Proceeds Account an amount equal to such Asset Sale Deposit minus the portion of such Asset Sale Deposit (if any) used by Company to reinvest in same, similar or useful assets as provided above and apply such amount for the prepayment of the Loans and the permanent reduction of the Revolving Loan Commitments pursuant to subsection 2.4B(iii)(a).


More Definitions of Sale Deposit

Sale Deposit shall have the meaning ascribed to it in Section 11.1(b).
Sample 1

Related to Sale Deposit

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

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

  • Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate principal balance of the Receivables on the Initial Cutoff Date (which is equal to $22,000,029.61).

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

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,799,999.80.

  • Initial Reserve Account Deposit means $3,340,897.69.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Direct Deposit means an ACH credit intended for, or posted to, your Account. A Direct Deposit may include payroll, pension, state or federal payments (including Social Security benefits), from your employer or other originator.

  • Initial Reserve Account Deposit Amount means an amount equal to $1,259,446.66.

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

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • 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).

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • the Deposit means 10% of the Purchase Price;

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

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Escrowed Proceeds means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow agent on the date of the applicable offering or Incurrence pursuant to escrow arrangements that permit the release of amounts on deposit in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds” shall include any interest earned on the amounts held in escrow.

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

  • Yield Supplement Account Deposit means the initial deposit of cash in the amount of $[_________] made by or on behalf of the Seller into the Yield Supplement Account on the Closing Date.

  • 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.