Examples of Xxxxxxx Deposit in a sentence
If either party breaches the terms of this Agreement, the non-breaching party shall be entitled to pursue all legal remedies available by law and the release of the Xxxxxxx Deposit does not prevent the Seller from seeking additional damages from the Buyer for the failure to close on the purchase of this Property.
Validity Save for certain provisions relating to, among others, the Xxxxxxx Deposit, exclusivity, confidentiality as well as governing law and jurisdiction which are legally binding, other terms of the Framework Agreement are for discussion purposes only and do not constitute any legally binding obligations upon any parties unless the Formal Agreement is entered into between the Purchaser and the Vendor.
If such conditions are not satisfied within such time, this Agreement shall be null and void, in which event neither Buyer nor Seller shall be liable for damages hereunder to the other, and all Xxxxxxx Deposit paid by Buyer shall be refunded to Buyer.
In the event any of these conditions are not satisfied in the time period stated, Buyer may terminate this Agreement by notice to Seller, in which event the Seller shall promptly return the Xxxxxxx Deposit to Buyer and neither party shall have any further duties, obligations or rights hereunder, other than indemnity and other obligations that are to survive termination in accordance with the terms of this Agreement.
When the tenancy officially starts, the Xxxxxxx Deposit is usually utilised as rental payment for the first month of occupancy.
Withdrawals from Market Savings Withdrawals or transfers of funds in the Deposit Account must be in accordance with the terms and conditions outlined and agreed upon within the Xxxxxxx Deposit Account Agreement.
Seller and Purchaser confirm that the entire Xxxxxxx Deposit, including the Additional Deposit, remains fully refundable under Section 5(c) of the Agreement until the expiration of the Due Diligence Period, as extended pursuant to Section 1(a) of this Amendment.
Truth in Savings The Truth in Savings Disclosure can be found within your Xxxxxxx Deposit Account Agreement.
The Funds Availability Policy for your Deposit Account can be found within your Xxxxxxx Deposit Account Agreement.
The Electronic Fund Transfer (EFT) Disclosure for you Deposit Account can be found within your Xxxxxxx Deposit Account Agreement under “PART III.