Deposit Holder Sample Clauses

Deposit Holder. Deposit Holder" shall have the meaning set forth in Section 1.5(b) of the Agreement.
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Deposit Holder a. The Vendor and the Purchaser agree that the deposit holder is not: i. a party to this Agreement and will not assume any liabilities incurred as a result of the performance or non-performance of either the Pur- chaser or the Vendor, and that no liability will be incurred unless the deposit holder is grossly negligent or willfully breaches the terms of this Agreement;
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Deposit Holder. The deposit will be returned by Landlord to the single designated Tenant (Deposit Holder) within thirty (30) days after expiration of the Lease, less amounts properly withheld by Landlord. Tenants shall provide to Landlord in writing by July 15 a forwarding address of the deposit holder. Determination of the amount of security deposit returned is final unless written objection is received prior to September 19. The security deposit cannot be used by the Tenants to pay rent or accumulated charges.
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Deposit Holder. (See Standard Condition 2) (Insert name of person or organisation that will hold the Deposit): Petrusma Property Xxxxx Bay Trust Account Bank Name: Commonwealth Bank of Australia BSB: 067 000 Account Number: 1045 4185
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Deposit Holder a. The Purchaser agrees that as the First Mortgage holder is: i. a party to this Agreement and will not assume any liabilities incurred because of the performance or non-performance of the Vendor, and that no liability will be incurred unless the First Mortgage holder is grossly negligent or wilfully breaches the terms of this Agreement.
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Deposit Holder. The Deposit Holder, Xxxxxx Xxxxxxxx Neighbourhood, Brokerage, shall place the deposit in it's interest bearing real estate trust account, which earns interest at the rate of prime less 2%, and the Deposit Holder shall pay any interest it earns or receives on the deposit to the beneficial owner of the trust money, provided the amount of the interest that the Deposit Holder earns or rece3ivs on the deposit is equal to or greater than the administrative fee of $150.00. The interest will be paid up to the completion of this transaction. The parties to this Agreement, hereby acknowledge and agree that the Deposit Holder shall be entitled to retain any interest earned or retained on the deposit, which is less than $150.00. Furthermore, the parties hereto agree that nay interest cheques issued by the Deposit Holder that are not cashed within six (6) months following completion of this transaction shall be forfeited to the Deposit Holder. If interest is requested, please provide a Social Insurance Number (SIM) and address for delivery. In the event of Mutual Release or for Excess Funds, the deposit will be returned after the full bank clearing period. The peiod will start the next banking day after receipt and deposit of the deposited funds. For bank drafts and wire transfers, the prior id five (5) banking days, for other, the period is fifteen(15) banking days. BUSINESS DAYS: For the purpose of this Agreement, the terms "banking days" or "business days" shall mean any day, other than Saturday, Sunday or Statutory holidays in Xxxxxxx, Xxxxxxx. It is understood and agreed, by all parties that any waiver of condition, must be received by the Xxxxxx Xxxxxxxx Neighbourhood Realty, Brokerage office, on or before the expiry time specified in that condition.
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Deposit Holder. Deposit Holder" shall have the meaning set forth in Section 3.1(ii) of the Agreement.
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Related to Deposit Holder

  • Beneficial Owner; Holder Prior to due presentment for registration of transfer of any Warrant, the Company and the Warrant Agent may deem and treat the person in whose name that Warrant shall be registered on the Warrant Register (the “Holder”) as the absolute owner of such Warrant for purposes of any exercise thereof, and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Warrant Agent or any agent of the Company or the Warrant Agent from giving effect to any written certification, proxy or other authorization furnished by DTC governing the exercise of the rights of a holder of a beneficial interest in any Warrant. The rights of beneficial owners in a Warrant evidenced by the Global Certificate shall be exercised by the Holder or a Participant through the DTC system, except to the extent set forth herein or in the Global Certificate.

  • Interest Holders The Administrative Agent may treat each Lender, or the Person designated in the last notice filed with the Administrative Agent, as the holder of all of the interests of such Lender in its portion of the Loans and in its Note until written notice of transfer, signed by such Lender (or the Person designated in the last notice filed with the Administrative Agent) and by the Person designated in such written notice of transfer, in form and substance satisfactory to the Administrative Agent, shall have been filed with the Administrative Agent.

  • Escrow Holder Seller and Buyer covenant and agree that in performing any of its duties under this Agreement, Title Company shall not be liable for any loss, costs or damage which it may incur as a result of serving as Escrow Holder hereunder, except for any loss, costs or damage arising out of its willful default or gross negligence. Accordingly, Title Company shall not incur any liability with respect to (i) any action taken or omitted to be taken in good faith upon advice of its counsel given with respect to any questions relating to its duties and responsibilities, or (ii) to any action taken or omitted to be taken in reliance upon any document, including any written notice of instruction provided for in this Agreement, not only as to its due execution and the validity and effectiveness of its provisions, but also to the truth and accuracy of any information contained therein, which Title Company shall in good faith believe to be genuine, to have been signed or presented by a proper person or persons and to conform with the provisions of this Agreement.

  • Certificateholder or Holder With respect to the Certificates, the Person in whose name a Certificate is registered in the Certificate Register, except that, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Company, the Servicer or any affiliate thereof shall be deemed not to be outstanding and the Percentage Interest evidenced thereby shall not be taken into account in determining whether the requisite percentage of Percentage Interests necessary to effect any such consent has been obtained; provided, that the Trustee may conclusively rely upon an Officer’s Certificate to determine whether any Person is an affiliate of the Company or the Servicer. With respect to the REMIC I Regular Interests, the owner of the REMIC I Regular Interests, which as of the Closing Date shall be the Trust. With respect to the REMIC II Regular Interests, the owner of the REMIC II Regular Interests, which as of the Closing Date shall be the Trust. With respect to each Class of REMIC III Regular Interests, the Holder of the Corresponding Class of Certificates.

  • Depositor as Certificateholder The Depositor in its individual or any other capacity may become the owner or pledgee of Certificates and may otherwise deal with the Owner Trustee or its Affiliates as if it were not the Depositor.

  • Deposit of Escrow Securities On or before the Closing Date, the Initial Holders shall deliver to the Escrow Agent certificates representing their respective Escrow Securities, in proper transfer order with Medallion guaranteed stock powers, to be held and disbursed subject to the terms and conditions of this Agreement. The Initial Holders acknowledge and agree that the certificates representing the Escrow Securities will bear a legend to reflect the deposit of such Escrow Securities under this Agreement.

  • Securities Intermediary The Securities Intermediary, in acting under this Indenture, is entitled to all rights, benefits, protections, immunities and indemnities accorded The Bank of New York Mellon Trust Company, N.A., a national banking association, in its capacity as Indenture Trustee under this Indenture.

  • Escrow Agent Prior to entering into an escrow agreement, the Registry Operator must provide notice to ICANN as to the identity of the Escrow Agent, and provide ICANN with contact information and a copy of the relevant escrow agreement, and all amendments thereto. In addition, prior to entering into an escrow agreement, Registry Operator must obtain the consent of ICANN to (a) use the specified Escrow Agent, and (b) enter into the form of escrow agreement provided. ICANN must be expressly designated as a third-­‐party beneficiary of the escrow agreement. ICANN reserves the right to withhold its consent to any Escrow Agent, escrow agreement, or any amendment thereto, all in its sole discretion.

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