Good Faith Deposit Sample Clauses

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.
Good Faith Deposit. Borrower has paid to Bank a Good Faith Deposit of $20,000.00 to initiate Bank's due diligence review process. Any portion of the deposit not utilized to pay expenses will be applied to the Facility Fee.
Good Faith Deposit. At the signing of this Agreement, Purchaser agrees to wire transfer to an account to be designated by Seller, the sum of Seven Thousand dollars and No Cents ($7,000.00) as an initial deposit to Seller. At the Closing, as defined below, Purchaser will pay the balance of the Purchase Price, Sixty-Two Thousand Nine Hundred Ninety dollars and No Cents ($62,990.00) to Seller by wire transfer.
Good Faith Deposit. At the signing of this Agreement, Purchaser agrees to wire transfer to an account to be designated by Seller, the sum of four thousand dollars and no cents (USD$4,000.00) as an initial deposit to Seller. At the Closing, as defined below, Purchaser will pay the balance of the Purchase Price, thirty-six thousand dollars and no cents ($36,000.00) to Seller by wire transfer.
Good Faith Deposit. Borrower has remitted to Collateral Agent Thirty Thousand Dollars ($30,000.00) as a good faith deposit, which amount shall be applied towards the facility fee due under Section 2.5(b) hereof on the Effective Date. For the sake of clarity, Borrower shall be responsible for the entire amount of the facility fee payable pursuant to Section 2.5(b) hereof and the LendersExpenses payable under Section 2.5(e).
Good Faith Deposit. Borrower has paid to Bank a deposit of Ten Thousand Dollars ($10,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the commitment fee set forth in Section 2.3(a) above.
Good Faith Deposit. Borrower has delivered to Horizon, for the ratable benefit of Lenders, a good faith deposit in the amount of Seventy Thousand Dollars ($70,000) (the “Good Faith Deposit”). If the Funding Date occurs, the Good Faith Deposit will be credited to the LendersExpenses and Horizon will promptly refund to Borrower the remaining amount, if any, of the Good Faith Deposit. If the Funding Date does not occur, Lenders shall retain the Good Faith Deposit as compensation for their time, expenses and opportunity cost.
Good Faith Deposit. An amount of Thirty Thousand Dollars ($30,000.00) has been received by Collateral Agent as good faith deposit from Borrower on or about June 27, 2017, which amount shall be applied towards the facility fee due under Section 2.5(a) hereof on the Effective Date. For the purposes of clarity, Borrower shall be responsible for the entire amount of facility fee payable pursuant to Section 2.5(a) hereof.
Good Faith Deposit. An amount of Fifty Thousand Dollars ($50,000.00), which amount has been received by Collateral Agent as a good faith deposit from Borrower on or about December 1, 2017, to be applied towards LendersExpenses incurred through the Effective Date payable pursuant to Section 2.5(f) hereof, and the balance left over, if any, shall be applied towards the facility fee due on the Effective Date pursuant to Section 2.5(b) hereof. For the purposes of clarity, Borrower shall be responsible for all Lender’s Expenses payable pursuant to Section 2.5(f) hereof and the facility fee payable pursuant to Section 2.5(b) hereof;
Good Faith Deposit. An amount of $50,000 has been received by Collateral Agent as a good faith deposit from Borrower on or about June 26, 2020, which amount shall be applied towards the Lenders’ Expenses due under Section 2.5(e) that have been incurred through the Effective Date. For the purposes of clarity, Borrower shall be responsible for the entire amount of the Lenders’ Expenses payable under Section 2.5(e);