Duration of Deposit Sample Clauses

Duration of Deposit. I. To the extent not released from escrow under subparts (a), (b), or (c) of subdivision (B)(ii) of Section 5 of this Escrow Agreement (Grounds for a Withdrawal of Escrow Principal) above, the funds shall be released from escrow and revert back to the Company twenty-five (25) years after the Deposit Date. This withdrawal is calculated based upon the Deposit Date, not Sales Year.
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Duration of Deposit. WITHDRAWAL OF CUSTODY PROPERTY Unless otherwise terminated in accordance with Clause 18 below, the Safe Custody Account is made for an indefinite period. Upon the Customer or its Authorised Persons giving three (3) Business Days prior written notice to the Bank, the Customer or its Authorised Persons is/are at liberty to withdraw the Custody Property during normal banking hours on days on which the Bank is opened for business except when such withdrawal is blocked because of the existence of charges, liens or rights of retention over the Custody Property. Provided always that the Custody Property held by the Bank through a Nominee (as defined below) will be delivered as soon as practicable. The Bank may at any time insist on the withdrawal of assets from the Safe Custody Account.

Related to Duration of Deposit

  • Rejection of Deposit We are not liable for any fees, service, or late charges levied against you due to our rejection of any item. In all cases, you are responsible for any loss or overdraft plus any applicable fees to your account due to an item being returned.

  • Return of Deposit Unless otherwise specified in this Agreement, in the event any condition of this Agreement is not met and the Buyer has fulfilled any required notice obligation in a timely manner regarding the condition having not been met, the Escrow Money shall be returned in accordance with State law.

  • Use of Deposit We may use any deposit made by you for the payment of any amounts owing pursuant to this Contract.

  • Notification of Deposits Along with the delivery of each Deposit, Registry Operator will deliver to Escrow Agent and to ICANN (using the API described in draft-­‐xxxxxx-­‐icann-­‐registry-­‐interfaces, see Part A, Section 9, reference 5 of this Specification (the “Interface Specification”)) a written statement (which may be by authenticated e-­‐mail) that includes a copy of the report generated upon creation of the Deposit and states that the Deposit has been inspected by Registry Operator and is complete and accurate. Registry Operator will include the Deposit’s “id” and “resend” attributes in its statement. The attributes are explained in Part A, Section 9, reference 1 of this Specification. If not already an RFC, Registry Operator will use the most recent draft version of the Interface Specification at the Effective Date. Registry Operator may at its election use newer versions of the Interface Specification after the Effective Date. Once the Interface Specification is published as an RFC, Registry Operator will implement that version of the Interface Specification, no later than one hundred eighty (180) calendar days after such publishing.

  • Payment of Deposit The Buyer must pay the Deposit to the Developer. The Developer agrees to accept the payment of the Deposit in 2 instalments as follows:

  • Verification of Deposits 7.1. Within twenty-­‐four (24) hours after receiving each Deposit or corrected Deposit, Escrow Agent must verify the format and completeness of each Deposit and deliver to ICANN a notification generated for each Deposit. Reports will be delivered electronically using the API described in draft-­‐xxxxxx-­‐icann-­‐registry-­‐interfaces, see Part A, Section 9, reference 5 of this Specification.

  • Release of Deposits Escrow Agent will make available for electronic download (unless otherwise requested) to ICANN or its designee, within twenty-­‐four (24) hours, at the Registry Operator’s expense, all Deposits in Escrow Agent’s possession in the event that the Escrow Agent receives a request from Registry Operator to effect such delivery to ICANN, or receives one of the following written notices by ICANN stating that:

  • Use of a security deposit (a) We may use your security deposit, and any interest earned on the security deposit, to offset any amount you owe under this contract:

  • Reservation Deposit Payment of a deposit secures your reservations. Dates are not held without a reservation deposit. The balance of your reservation fee is due no later than 21 business days prior to your requested reservations. If the balance is not paid in full before that date, your request will be forfeited, and deposit refunded.

  • Return of Deposit and Interest Note the number of days after the end of this agreement that the landlord will return the security deposit (less any amounts under this section) to the tenant. Specify whether or not the security deposit shall be held in an interest-bearing account. *Note that most states have laws regarding security deposits, including the amount, where the landlord saves the deposit, how the landlord can use it, and when the landlord must return it to the tenant. Step 9 –

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