the Deposit definition

the Deposit means 10% of the Purchase Price;
the Deposit the amount provided for in clause 4 of the Schedule to which this document forms Annexure ”1” payable by the Purchaser to the Seller in terms of clause 5 of this Annexure “A”;
the Deposit means any single amount of money paid by the Tenant or a third party to the Landlord or to the Agent under the Tenancy as security against the performance of the Tenant’s obligations under the Tenancy, the discharge of any liabilities, any damage to the Premises and/or non-payment of rent during the Tenancy.

Examples of the Deposit in a sentence

  • The Tenant pays the Deposit as security for the performance of the Tenant's obligations and to pay and compensate the Landlord for the reasonable costs of any breach of those obligations.

  • In the event Seller defaults, the Deposit shall be refunded to Buyer, and Buyer may sue for all remedies available at law or in equity.

  • Services shall not commence until e-Track have received the Deposit in cleared funds.

  • The City has the right to take the amount owed by Licensee under this paragraph from the Deposit provided in Section 1.e. Notwithstanding the right to carry out the work by the City herein, Licensee’s failure to meet the obligations of this paragraph shall be considered a default under the Agreement and grounds for immediate termination as provided in Section 1.c.

  • In the event Buyer defaults, Buyer shall forfeit the Deposit to Seller as liquidated damages, which shall be the sole and exclusive remedy available to Seller.


More Definitions of the Deposit

the Deposit means the deposit paid by an Applicant, as required by clause 3.10(b);
the Deposit means the BCP/Barclays 10 Year Credit Union Deposit Bond (Issue 7).
the Deposit means the Deposit paid under clause 6.2(a);
the Deposit means a sum of not less than
the Deposit means the non-returnable deposit paid on the signing of this Agreement and identified in the Particulars
the Deposit means the sum of £550.00
the Deposit. The sum of £. receipt of which the University acknowledges.