The Initial Deposit definition

The Initial Deposit means £8,250.
Sample 1Sample 2Sample 3
The Initial Deposit means a sum equivalent to one half of the annual rent payable at the date hereof or such greater sum as shall represent one half of the annual rent from time to time reserved under the Lease
Sample 1
The Initial Deposit means L105,000 plus VAT deposited by the Tenant as security for the performance of the obligations on its part contained in the Lease
Sample 1

Examples of The Initial Deposit in a sentence

  • In the event of a District Default, Developer may (i) terminate this Agreement whereupon District will release the Initial Deposit to Developer and the Parties shall be released from any further liability or obligation hereunder except those that expressly survive termination of this Agreement, or (ii) seek specific performance of the Agreement.

  • If the Initial Deposit is in the form of an xxxxxxx money deposit (the “Cash Deposit”), the Cash Deposit along with any accrued interest shall be credited against the Purchase Price if Closing shall take place in accordance with this Agreement.

  • If the Initial Deposit is in the form of a letter of credit (the “Deposit Letter of Credit”), the Deposit Letter of Credit shall not constitute payment on account of and shall not be credited against the Purchase Price; rather, the Deposit Letter of Credit shall be used as security to ensure Developer’s compliance with this Agreement and may be drawn on by District in accordance with the terms hereof.

  • TERMS AND CONDITIONS GOVERNING THE GUARANTEED INVESTMENT 4- The member agrees to make, on the date of initial deposit, a first deposit (the "Initial Deposit") on which pre-issue interest is calculated according to section 11 of this agreement.

  • For the period between the Initial Deposit Date and the Issue Date, the interest on the Initial Deposit will be calculated on the daily balance at the "Pre-Issue Interest Rate", as shown on the Certificate of Deposit.

  • TERMS AND CONDITIONS GOVERNING THE METHOD OF CALCULATION OF INTEREST 11- For the period between the date of Initial Deposit and the Date of Issue, the interest on the Initial Deposit shall be calculated on the daily balance at the pre-issue interest rate of 1.000% per annum.

  • For purposes of this Agreement, the Initial Deposit and any additional deposits, once delivered, will be collectively referred to as the “Deposit” herein.

  • Within two (2) business days after the opening of escrow, Buyer shall deliver to the Escrow Holder, in its capacity as escrow holder, in immediately available funds, the Initial Deposit in the amount specified in Section 1.2 (the “Initial Deposit”).

  • Buyer shall deliver to Escrow Holder, in addition to and as part of Buyer’s delivery to Escrow Holder of the Initial Deposit, the sum of One Hundred Dollars ($100.00) (“Independent Contract Consideration”).

  • Notwithstanding anything herein to the contrary, the parties acknowledge that Two Hundred and No/100 Dollars ($200.00) of the Initial Deposit shall be retained by Seller as independent consideration for Seller entering into this Agreement and the rights and privileges extended to Buyer as provided herein.


More Definitions of The Initial Deposit

The Initial Deposit means the sum of two hundred pounds (£200.00) plus Value Added Tax per annum increased annually (but not decreased) by the amount which bears the same proportion to the sum of £200.00 as the Uplifted RPI Figure bears to the Base RPI Figure being the first year’s payment of the Maintenance Contribution.
Sample 1

Related to The Initial Deposit

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

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

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

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

  • 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.

  • 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).

  • the Deposit means 10% of the Purchase Price;

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

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

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

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

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

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

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

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • 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;

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

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

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • 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.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

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

  • Fund Deposit means the deposit of funds transferred by the Client or the Client's Authorized person and credited to the Company Account for transfer to the Client's Account.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.