Deposit Requirement. Upon the signing of this agreement, licensee shall remit a payment of (50% of the estimated charges due), to serve as a deposit for the reservation space at Columbia University. The deposit is not refundable. The balance of payment is due a minimum of one week (seven days) prior to the scheduled event. If full payment is not received by that time, the reservation on the room(s) shall be released. In addition a deposit of $250 will be collected and used only if there is damage to any portion of the School of Social Work as a direct result of the event in question. If no damage is discovered, the $250 deposit will be refunded after the event. Requirements: The Agreement, Certificates of Insurance, and Deposit Requirement are due 30 days prior to event. Form of Payment: All payments must be made in the form of a Certified Check, Company Check, or Bank Money Order, payable to The Trustees of Columbia University and sent to Columbia University School of Social Work, Office of Financial Management, Room 602, 0000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, XX 00000. Personal Checks or other forms of payment will not be accepted. Cancellations: Cancellations will only be accepted if received in written form by the University from the User (two weeks prior to the scheduled event). The fifty percent (50%) deposit requirement is not refundable and cannot be credited to the balance due. Advanced Copy of Advertising: A copy of the Conference Program, any advertising, or other informational materials sent to conference participants, is to be submitted to the Events Manager for approval prior to its issuance. Insurance and Indemnity: The User agrees to maintain the following insurance at its own cost and expense, throughout the term of this agreement, with insurers licensed to do business in the State of New York, and to provide Certificates of Insurance naming Columbia University as an additional insured:
Deposit Requirement. A 50% deposit needs to be deposited into Educare’s bank account prior to commencement of the Holiday Programme. Should the Holiday Programme not go ahead, full refunds will be given. Bank account details for internet banking is BNZ 02-0492-0201780-00. The balance is to be paid on the first day of attendance.
Deposit Requirement. If the PAIB reserve computation results in a deposit requirement, the requirement may be satisfied to the extent of any excess debit in the customer reserve formula of the same date. However, a deposit requirement resulting from the customer reserve formula shall not be satisfied with excess debits from the PAIB reserve computation.
Deposit Requirement. A 50% deposit needs to be deposited into Educare’s bank account prior to commencement of the Holiday Programme. Bank account details for internet banking is ASB, Kamo Branch: 12-3093-0274935-00. The balance is to be paid on the first day of attendance.
Deposit Requirement. For each event created and serviced by AllFly, AllFly requires the Company to pay a deposit before booking any travel. This deposit is used as a credit against the travel expenses for the event.
Deposit Requirement. All initial Overbids shall be accompanied by a deposit of Two Hundred Fifty Thousand Dollars ($250,000) (the "Deposit") payable by wire transfer to an escrow agent designated by the Sellers. The escrow agent shall retain each Deposit, subject to Section 7.12(d).
Deposit Requirement. A deposit of $6,039.00 shall be required: $4,026.00 as first and last months rent (see Addenda 52), and $2,013.00 as Security Deposit (see paragraph 5).
Deposit Requirement. Make and maintain at all times the Deposit Requirement; provided, that the amount of such Deposit Requirement shall be reduced from time to time by the sum total of all redemptions or defeasances of the Senior Notes following the First Amendment Effective Date. The Administrative Agent agrees to make the proceeds of such deposit available solely to permit the Company to redeem or defease the Senior Notes.”
Deposit Requirement. All initial Overbids shall be accompanied by a deposit of Five Hundred Thousand Dollars ($500,000) (the "Deposit") payable by wire transfer to an escrow agent designated by the Sellers. Following the Auction or the Auction Date if no Qualified Bids are received, the Sellers shall seek the approval of the Bankruptcy Court of the highest or best offer submitted for the Purchased Assets and the Shares (the "Successful Bid" and the bidder making such bid, the "Successful Bidder") and, in the event that the sale to the Successful Bidder is not consummated (to the extent that there is another bid), the next highest and best offer (the "Backup Bid", and such bidder, the "Backup Bidder"). The Deposit submitted by the Successful Bidder, together with interest thereon, shall be applied against the payment of the cash portion of the consideration upon closing of the sale to the Successful Bidder. If the Successful Bidder fails to consummate the purchase of the Purchased Assets and the Shares due to such party's breach of its purchase agreement with the Sellers, then the Sellers shall retain the Deposit of such Successful Bidder, if any, as liquidated damages and continue with the sale of the Purchased Assets and the Shares to the Backup Bidder. Within three (3) Business Days after the closing of the sale of the Purchased Assets, any Deposit (A) not applied to the purchase of such Purchased Assets and the Shares or (B) not retained by the Sellers due to a breach by the Successful Bidder shall, together with interest, be returned to the appropriate bidders.
Deposit Requirement. Until the security interest granted to CarboMedics, Inc. has been released and any UCC financing statement filed in connection therewith has been terminated and Borrower has provided Bank with evidence of the foregoing reasonably satisfactory to Bank, Borrower shall at all times maintain with Bank unrestricted and unencumbered (except in favor of Bank) cash and Cash Equivalents in an aggregate amount of at least $4,500,000 and Borrower shall not make any withdrawal or transfer or take any other action that would result in such amount being reduced to below $4,500,000.
