DEPOSIT CHEQUE Sample Clauses

DEPOSIT CHEQUE. It is understood and agreed by the Landlord and the Tenant that the deposit cheque will not be deposited in the Lawyer’s Trust Account, to be held in trust, until this transaction has been accepted by both parties.
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DEPOSIT CHEQUE. All bookings will carry a £50 deposit cheque which we will destroy after we have received full payment and verified that hired spaces are clean (*see 4.1 & 4.2), any equipment used unharmed and lighting and heaters switched off (*see 4.3). For bookings over a £100 we may require a higher deposit.
DEPOSIT CHEQUE. The Lessee and the Lessor acknowledge and agree that the deposit cheque delivered herewith to the Agent shall not be deposited in the Agents' Trust Account until said Offer to Lease is accepted by both parties. Upon acceptance, the deposit cheque ill be deposited in an interest-bearing account with the interest accruing to the Lessee. 12
DEPOSIT CHEQUE. It is understood and agreed by the Lessor and the Lessee that the deposit cheque in the amount of $110,232.79, to be credited towards the first and last months' net rental, will be provided within twelve (12) hours of acceptance, and deposited in the Agents' Real Estate Trust Account. The deposit shall be placed in an interest bearing account and all interest earned shall be paid to the Lessee.

Related to DEPOSIT CHEQUE

  • Deposit A deposit totaling 35% of the agreed upon Total Amount is due with acceptance of rental agreement. Payment of deposit shall be deemed as acceptance of this rental agreement. Payment may be made by traveler's checks, bank money order, wire transfer, or certified check or major credit card. Personal checks will be accepted upon approval; if funds are not credited within Ten days booking will be cancelled. The deposit amount is $_DepositAmount_.

  • Depository Account A trust fund account for the benefit of Owner established and maintained in an FDIC insured or guaranteed account to be opened by the Owner.

  • Principal Depository Borrower shall maintain its principal depository and operating accounts with Bank.

  • Depository Bank With respect to any Deposit Accounts, (i) maintain the Deposit Accounts at the banks (a “Depository Bank”) described on Annex B-1 or such additional depository banks as described in the notices given pursuant to clause (iv) of this Section 6(q) as have complied with item (iv) hereof, (ii) upon request of the Secured Party, deliver to each depository bank a letter in the form of Annex C hereto with respect to Secured Party’s Rights in such Deposit Account (or on such other reasonable form as may be provided by the Depository Bank) and use commercially reasonable efforts to obtain the execution of such letter by each Depository Bank that the pledge of such Deposit Account has been recorded in the books and records of such bank and that Secured Party shall have dominion and control over such Deposit Account; (iii) upon request of the Secured Party, deliver to Secured Party all certificates or instruments, if any, now or hereafter representing or evidencing the Deposit Accounts, accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Secured Party; and (iv) notify Secured Party upon establishing any additional Deposit Accounts and, at the request of Secured Party, use commercially reasonable efforts to obtain from such depository bank an executed letter substantially in the form of Annex C (or on such other reasonable form as may be provided by the Depository Bank) and deliver the same to Secured Party. Secured Party agrees not to exercise control over such Deposit Account unless an Event of Default shall have occurred and be continuing.

  • Clearing Account If the Servicer finds it necessary to use a clearing account, the following guidelines must be followed:

  • Deposits to Collection Account The Servicer shall use its best efforts to deposit or cause to be deposited (without duplication), within two (2) Business Days after receipt thereof, into the Collection Account and retain therein in trust for the benefit of the Grantor Trust Holder:

  • Cash Deposit No cash will be deposited into the certificate account on the closing date.

  • Custody Account The Custodian shall open and maintain in its trust department a custody account in the name of each Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities, cash and other assets of the Fund which are delivered to it.

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