Upfront Deposit definition

Upfront Deposit means the sum of US$56,300,000, subject to adjustment in accordance with Article 14; and
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Upfront Deposit means the First Deposit, together with the Second Deposit if the Second Deposit has been advanced and together with the Third Deposit if the Third Deposit has been advanced.
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Upfront Deposit means US$12.0 million and if the Underground Mine Option has been exercised, includes the Additional Upfront Deposit;
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Examples of Upfront Deposit in a sentence

  • The independent assessments of tests conducted by RTI for the APCTVC will be performed by EPA.

  • The per ounce price of $350 is subject to an increase of 1% per annum commencing April 1, 2014.Under the terms of the Purchase Agreement, the Company could have been required to return a portion of the Upfront Deposit if certain production levels were not achieved.

  • Therefore, the Upfront Deposit and fair value of the shares were treated as deferred revenue.

  • The purchase price is to be satisfied as to 83% against the uncredited balance of the Upfront Deposit and 17% is payable in cash by Triple Flag.

  • Once the uncredited balance of the Upfront Deposit has been reduced to nil the purchase price by Triple Flag for the gold and silver shall be 17% of price determined with reference to the product of 0.99 and spot prices of the delivery date, payable in cash.

  • Under the completion guarantee Sandstorm may require the return of a portion of the upfront payment if, within 30 months (May 27, 2012) from the date that the Upfront Deposit was released, the Santa Elena Project has not produced a minimum of 7,500 ounces of gold in any three consecutive month periods.

  • On completion of the development of the ATO Project, any amount of the Second Upfront Deposit that has not been draw-down by Steppe BVI will be paid to Steppe BVI as a lump sum.

  • The proceeds of the Upfront Deposit are required to be loaned to Steppe Mongolia to advance the ATO Project.

  • Of the $11.5 million advanced pursuant to the Initial Upfront Deposit, $9 million was used to satisfy the balance of the cash portion of the purchase price for the ATO Project and $980,000 was used to pay the associated value added tax (“VAT”).

  • SIGNIFICANT ACCOUNTING POLICIES (continued)Deferred revenueDeferred revenue relates to the Upfront Deposit received from Sandstorm Gold Ltd.


More Definitions of Upfront Deposit

Upfront Deposit has the meaning specified in Section 3.3.
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Upfront Deposit means US$113 million, and reflects the advance payment made by Purchaser to Seller at the Closing Date for the sale and future delivery of Refined Metal in accordance with this Agreement.
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Upfront Deposit means US$4,000,000; and
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Upfront Deposit means the sum of US$75.0 million.
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Related to Upfront Deposit

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

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • 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: 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.

  • Initial Reserve Account Deposit means $3,250,000.

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

  • Escrow Deposit has the meaning set forth in Section 2.1.

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

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Xxxxxxx Money 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 Reserve Account Deposit Amount means an amount equal to $1,030,941.16.

  • 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).

  • 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.

  • 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).

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

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

  • Yield Supplement Account Deposit means the initial deposit of cash in the amount of $[_________] made by or on behalf of the Seller into the Yield Supplement Account on the Closing Date.

  • Upfront Fees means, with respect to any Receivable, the sum of any fees charged by Holdings or the Receivables Account Bank, as the case may be, to a Receivables Obligor in connection with the disbursement of a loan, as set forth in the Receivables Agreement related to such Receivable, which are deducted from the initial amount disbursed to such Receivables Obligor, including the “Origination Fee” set forth on the applicable Receivable Agreement.

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

  • Capitalized Interest Account Initial Deposit means $1,733,333.78 deposited on the Closing Date.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.