The Initial Deposit definition
Examples of The Initial Deposit in a sentence
The Initial Deposit will consist of all material initially supplied by Depositor to DSI.
The Initial Deposit Amount will be determined on or before the Issue Date in consultation with the Deposit Counterparty such that, based on the market conditions prevailing at that time, it would enable the Deposit Counterparty to repay the Term Deposit at an amount equal to the Deposit Redemption Amount (as defined hereafter) on the Deposit Scheduled Termination Date.
The Initial Deposit shall be held and disbursed in accordance with the escrow provisions set forth in Section 2.3.
The Initial Deposit and the Additional Deposit shall be collectively referred to as the Deposit.
The Initial Deposit and the Additional Deposit, if made, shall be invested by the Escrow Agent in an FDIC-insured, interest‑bearing account as Purchaser shall direct.
The Initial Deposit is NON-REFUNDABLE AND WILL CONSTITUTE LIQUIDATED DAMAGES AS SET OUT IN PARAGRAPHS THREE (3) AND TWENTY (20) BELOW IN THE EVENT OF BUYER’S BREACH AS SET FORTH BELOW.
The Initial Deposit shall be held in trust for the Depositor and Claymore Securities, Inc.
The Initial Deposit and the Additional Deposit, if made, shall be invested by the Escrow Agent in an FDIC-insured, interest-bearing account as Purchaser shall direct.
The Initial Deposit and all deposits subsequently made by PacifiCorp are collectively referred to herein as the “Deposit”.
The Initial Deposit shall be made by payment to Escrow through the Project Broker.