Second Additional Deposit definition

Second Additional Deposit shall have that certain meaning set forth in Section 1.3(c) of this Agreement.
Sample 1
Second Additional Deposit shall have the meaning set forth in Section 5.1. 1.1.74 "Seller's Indemnified Parties" shall have the meaning set forth in Section 3.4.1. 1.1.75 "Seller's Property-Related Files and Records" shall have the meaning set forth in Section 5.4.10. 1.1.76 "Seller's Representations" shall have the meaning set forth in Section 6.1. 1.1.77 "Separate Account" shall have the meaning set forth in Section 13.31. 1.1.78 "Shareholder Consent" shall have the meaning set forth in Section 13.30. 1.1.79 "Survey" shall have the meaning ascribed thereto in Section 4.2. 1.1.80 "Survival Period" shall have the meaning set forth in Section 6.3. 1.1.81 "Survival Provisions" shall have the meaning set forth in Section 13.27. 1.1.82 "Telecommunications Easements" shall have the meaning set forth in Section 3.6.2. 1.1.83 "Telecommunications Facilities" shall have the meaning set forth in Section 3.6.2. 1.1.84 "Tenant" means any person or entity entitled to occupy any portion of the Property under a Lease.
Sample 1
Second Additional Deposit. See Section 4.1. “Seller” – See Introductory Paragraph.
Sample 1

Examples of Second Additional Deposit in a sentence

  • Except as otherwise set forth herein, the Second Additional Deposit of Xxxxxxx Money shall be non-refundable.

  • Upon delivery of any of the Xxxxxxx Money, First Additional Deposit and/or Second Additional Deposit, to Seller or Seller’s Construction Lender, Seller shall have the right to use the full amount delivered for purposes related to the construction of the Resort and the Project, as needed based on construction draw requests submitted to Seller’s Construction Lender, and no interest will accrue thereon for the benefit of Purchaser.

  • Purchaser shall pay the Second Additional Deposit of Xxxxxxx Money (“Second Additional Deposit”) equal to 10% of the Purchase Price to the Title Company, Seller or Seller’s Construction Lender, as directed by Seller, within 5 days after delivery of notice by Seller to Purchaser that the core and shell inspection for the tower in which the Unit is located has been conducted and approved by Summit County.

  • Purchaser’s failure to pay the Second Additional Deposit when due shall cause this Agreement to terminate and the Initial Deposit and First Additional Deposit shall be retained by Seller as liquidated damages, which the parties agree is fair and reasonable because actual damages are difficult to determine.

  • The Second Additional Deposit shall apply to the Purchase Price, shall become non-refundable to Buyer except as otherwise provided in Sections 3.1(p), 7,13 and 7.16 of this Agreement or in the event of breach of this Agreement by Seller, and shall be released to Seller immediately upon deposit into Escrow.

  • If Buyer does not desire to continue the effectiveness of this Agreement beyond the Planning Commission Approval Date, it shall have no obligation to make the Second Additional Deposit.

  • Upon delivery of any of the Xxxxxxx Money, First Additional Deposit and/or Second Additional Deposit, to Seller or Seller's Construction Lender, Seller shall have the right to use the full amount delivered for purposes related to the construction of the Resort and the Project, as needed based on construction draw requests submitted to Seller's Construction Lender, and no interest will accrue thereon for the benefit of Purchaser.

  • Purchaser's failure to pay the Second Additional Deposit when due shall cause this Agreement to terminate and the Initial Deposit and First Additional Deposit shall be retained by Seller as liquidated damages, which the parties agree is fair and reasonable because actual damages are difficult to determine.

  • Purchaser shall pay the Second Additional Deposit of Xxxxxxx Money (“Second Additional Deposit”) equal to 10% of the Purchase Price to the Title Company, Seller or Seller's Construction Lender, as directed by Seller, within 5 days after delivery of notice by Seller to Purchaser that the core and shell inspection for the tower in which the Unit is located has been conducted and approved by Summit County.


More Definitions of Second Additional Deposit

Second Additional Deposit shall have the meaning set forth in Section 2.2.
Sample 1
Second Additional Deposit has the meaning set forth in Section 2.03(c)(iii).
Sample 1
Second Additional Deposit is defined in SECTION 7.13.
Sample 1
Second Additional Deposit means the sum of Five Hundred Thousand Dollars ($500,000), to be delivered by Buyer pursuant to Paragraph 4.3 within two (2) Business Days after Seller's delivery of the Entitlement Approval Notice.
Sample 1
Second Additional Deposit has the meaning set forth in Section 2.03(c)(iii). (ccccc) “Second Additional Bridge Loan” has the meaning set forth in Section 2.03(c)(ii). (ddddd) “Securities” has the meaning set forth in Section 3.24(a).
Sample 1

Related to Second Additional Deposit

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

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

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

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.

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

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

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50, and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

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

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

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

  • 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.

  • the Deposit means 10% of the Purchase Price;

  • 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).

  • 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 $2,802,496.17.

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

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Demand deposit means a deposit received by the bank, which is withdrawable on demand;

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

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

  • 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).