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

  • Notwithstanding anything else to the contrary in this Agreement, in no event shall Seller be liable to Purchaser for losses, liabilities, claims or damages resulting from (i) metal hedging activities of Purchaser and its Affiliates, or (ii) opportunity costs relating to alternative uses of the Upfront Deposit.

  • In consideration for the respective promises and covenants contained herein Purchaser hereby agrees to pay to Seller the Upfront Deposit at the Closing as contemplated in Section 3.4 in cash against, and as a prepayment of, the Purchase Price.

  • No interest will be payable by Seller on or in respect of the Upfront Deposit.

  • The closing for the payment of the First Stage 1 Upfront Deposit (the “Closing”) shall be held at the offices of Torys LLP located at 00 Xxxxxxxxxx Xx. X.

  • The closing for the payment of the Upfront Deposit (the “Closing”) shall occur after the conditions in Sections 3.3 and 3.4 have been satisfied or waived, if permissible, (other than conditions which by their nature are to be satisfied or waived at the Closing and are expected to be satisfied at the Closing) (the “Closing Date”), unless another time or date is agreed to in writing by Purchaser and Seller.

  • Sum is payable from the proceeds of a Building Loan or a portion of the Contract Sum is payable from a Building Loan and the balance of the Contract Sum is payable in cash or the entire Contract Sum is payable in cash, the Upfront Deposit shall be paid by the Owner to the Conveyancer within 30 (thirty) days after being requested to do so by the Conveyancer, provided that the condition precedent set out in clause 4.1.1 of the Sale Agreement, if applicable, has been fulfilled or waived, as the case may be.


More Definitions of Upfront Deposit

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 has the meaning specified in Section 3.3.
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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 $2,802,496.17.

  • 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.

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

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

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

  • 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.

  • 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 $12,240,151.27.

  • 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).

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

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

  • Upfront Fees shall have the meaning assigned to such term in Section 2.05.

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

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

  • 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.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).