Warranty Deposit definition

Warranty Deposit means the reduced value of the Security Deposit or a separate irrevocable, automatically renewing Letter of Credit to be deposited with the City for the duration of the Warranty Period, as required in Schedule “F” and Schedule “H”, attached to and forming part of this Bylaw, as a guarantee for the stability and sufficiency of the Works and Services completed by the Developer.
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Warranty Deposit has the meaning set forth in Section 2.6(a).
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Examples of Warranty Deposit in a sentence

  • It was further seen that the system has the process or methods or tactics involved in managing a state or government that links to the people and the state (politics).

  • In case the body fabricator fails to rectify/replace/repair the defective material or workmanship within specified period as above, the defects, defective material/workmanship shall be rectified/replaced/repaired at the Bureau’s level and cost thereupon incurred shall be recovered from the Warranty Deposit of the body fabricator.

  • If, on or before Febuary 4, 2005, Seller delivers to Purchaser a copy of the Kroger roof warranty, including an assignment of the Kroger roof warranty to Purchaser (approved by the vendor), then Seller and Purchaser shall mutually instruct the Escrow Agent to disburse the Roof Warranty Deposit to Seller.

  • One Account shall be referred to herein as the Price Deposit Account, another as the Warranty Deposit Account and the third ad the Environmental Escrow Fund.

  • There are no oral or other written agreements to which City is a party governing the terms of this Cash or Cashier’s Check Warranty Deposit.

  • In addition, Seller shall, as of the date hereof, deposit with the Escrow Agent the amount of $20,000.00 (the "Roof Warranty Deposit) and the amount of $4,500.00 (the "Kroger Roof Warranty Deposit").

  • DCK, then the journal: D: Giro - PT DSK Rp. 210.000.000, - K: Bank Warranty Deposit Guarantee ..................

  • Exhibit A: Cash or Cashier’s Check Warranty Deposit Terms and Conditions Whereas, the UDC requires that Site Improvements inspected as complete by the City of San Antonio, a municipal corporation of the County of Bexar and State of Texas ("City") be guaranteed to remain in good repair and to remain in compliance with the UDC for a period of one year after the date of City's Warranty Start Date.

  • The Township shall order repairs to be paid from the Warranty Deposit.

  • In the event both parties agree that the claims may be so enforced, then Holdings shall cause Fir to enforce such claims, without prejudice to Sellers liability in the event the claim cannot be enforced and without prejudice to Holdings right to draw provisionally on the Warranty Deposit Account in the event the enforcement is not completed within six month, subject to restitution to Sellers upon completion.

Related to Warranty Deposit

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Security Deposits means all Tenant security deposits in the form of cash and letters of credit, if any, held by Seller, as landlord (together with any interest which has accrued thereon, but only to the extent such interest has accrued for the account of the Tenant).

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

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

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

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

  • 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.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

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

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • Tenant Deposits means all security deposits, prepaid rentals, cleaning fees and other refundable deposits and fees collected from Tenants, plus any interest accrued thereon, paid by Tenants to Seller pursuant to the Leases. Tenant Deposits shall not include any non-refundable deposits or fees paid by Tenants to Seller, either pursuant to the Leases or otherwise.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Rent Reserve means, with respect to any store, warehouse distribution center, regional distribution center or depot where any Inventory subject to Liens arising by operation of law is located, a reserve equal to two (2) months’ rent at such store, warehouse distribution center, regional distribution center or depot.

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

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

  • 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.

  • 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.

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

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • 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.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Security Deposit Account has the meaning given in Section 5.1.