Common use of Initial Deposit Clause in Contracts

Initial Deposit. The City acknowledges receipt of Twenty-five Thousand Dollars and no cents ($25,000.00) (the "Deposit") from the Company. The City shall disburse the Deposit as set forth in Section 4 and shall xxxx the Company pursuant to Section 3 to re-establish the Deposit so that there is always a cash balance available from which additional disbursements may be made as required.

Initial Deposit. The City acknowledges receipt of Twenty-five Thousand Dollars and no cents ($25,000.00$ ) (the "Deposit") from the Company. The City shall disburse the Deposit as set forth in Section 4 of this Agreement and shall xxxx bill the Company pursuant to Section 3 to re-establish the Deposit so that there is always a cash balance available from which additional disbursements may be made as required.

Initial Deposit. The City acknowledges receipt of Twenty-five Fifteen Thousand Dollars and no cents ($25,000.0015,000.00) (the "“Deposit"”) from the CompanyDeveloper upon the execution of this Agreement. The City shall disburse the Deposit as set forth in Section 4 and shall xxxx the Company Developer pursuant to Section 3 to re-establish the Deposit so that there is always a minimum cash balance available of Fifteen Thousand Dollars ($15,000.00) available, from which additional disbursements may be made as required.

Initial Deposit. The City acknowledges receipt of Twenty-five Thousand Dollars and no cents ($25,000.00) (the "Deposit") from the CompanyCorporation. The City shall disburse the Deposit as set forth in Section 4 and shall xxxx the Company Corporation pursuant to Section 3 to re-re- establish the Deposit so that there is always a cash balance available from which additional disbursements may be made as required.

Initial Deposit. The City acknowledges receipt of Twenty-five Thousand Dollars and no cents ($25,000.00$ ) (the "Deposit") from the Company. The City shall disburse the Deposit as set forth in Section 4 of this Agreement and shall xxxx the Company pursuant to Section 3 to re-establish the Deposit so that there is always a cash balance available from which additional disbursements may be made as required.

Initial Deposit. The City acknowledges receipt of Twenty-five Five Thousand Dollars and no cents ($25,000.005,000.00) (the "Deposit") from the Company. The City shall disburse the Deposit as set forth in Section 4 of this Agreement and shall xxxx the Company pursuant to Section 3 to re-establish the Deposit so that there is always a cash balance available from which additional disbursements may be made as required.