Second Deposit definition

Second Deposit shall have the meaning given to such term in Section 2.2(b) hereof.
Second Deposit has the meaning set forth in Section 3.2.
Second Deposit shall have the meaning set forth in Section 5.1(b) hereof.

Examples of Second Deposit in a sentence

  • The Second Deposit shall be placed in an interest bearing account by the Escrow Agent.

  • The Initial Deposit, the Second Deposit and the Third Deposit, together with all interest accrued thereon, shall be collectively referred to as the Deposits (hereinafter the “Deposits” or the “Xxxxxxx Money”).

  • A second xxxxxxx money deposit (the “Second Deposit”) of Four Hundred Fifty Thousand and 00/100 Dollars ($450,000.00) shall be deposited by PURCHASER with Escrow Agent within ten (10) Business Days after the PURCHASER has received the Governmental Approvals, then, both the Initial Deposit and the Second Deposit shall become non- refundable; subject however, to the rights of PURCHASER to terminate this Agreement and receive the return of the Deposits as set forth in the Purchaser Termination Provisions.


More Definitions of Second Deposit

Second Deposit shall have the meaning set forth in Section 2.3.3.
Second Deposit has the meaning given to it in Section 3.1(1)(b).
Second Deposit has the meaning given in section 2.7 hereof;
Second Deposit has the meaning given to it in Clause 3.2;
Second Deposit has the meaning set forth in Section 3.2.1 of this Agreement.
Second Deposit means the sum of One Million and No/100 Dollars ($1,000,000.00), to the extent the same is deposited by Buyer in accordance with the terms of Subsection 3.1.1 hereof, together with any interest earned thereon while held in escrow by the Escrow Agent, or, with respect to the Released Deposit, at the Imputed Deposit Interest Rate as provided in Section 3.1.1.
Second Deposit means the sum of Three Hundred Thousand Dollars ($300,000.00).