Original Deposit Sample Clauses

Original Deposit. (a) The microorganism transmitted by the depositor to the international depositary authority shall, except where Rule 6.2 applies, be accompanied by a written statement bearing the signature of the depositor and containing:
AutoNDA by SimpleDocs
Original Deposit. Concurrently with the Closing, the Joint Venturers shall deliver, or cause to be delivered, to the Security Agent, the Software as security for the Joint Venturers' obligations to Alya under the Note. Alya shall examine the Software as delivered, and certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to the Joint Venturers, forwarding the same to the Security Agent with a copy to the Joint Venturers.
Original Deposit. Pursuant to the Termination Agreement, Sellers, as their sole and exclusive remedy, recovered the Deposit as liquidated damages in full satisfaction of any and all claims against Original Purchaser. The Deposit recovered by Sellers shall not be credited against the Purchase Price due at Closing by New Purchaser. Sellers and Summit acknowledge and agree that the Deposit previously recovered by Sellers satisfied any and all claims against Original Purchaser arising out of, relating to or in connection with the Purchase Agreement and/or the Termination Agreement and that New Purchaser shall have no rights to the Original Deposit and shall have no liability or obligation arising out of, relating to or in connection with the prior termination of the Purchase Agreement.
Original Deposit. Concurrently with the Closing, Silver shall deliver, or cause to be delivered, to the Security Agent, the Software as security for Silver's obligations to Alya under the Note. Alya shall examine the Software as delivered, and certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to Silver, forwarding the same to the Security Agent with a copy to Silver.
Original Deposit. Concurrently with the Closing, VTS shall deliver, or cause to be delivered, to the Security Agent, the Shares, duly endorsed in blank, as security for VTS's obligations to ALYA under the Purchase Agreement.
Original Deposit. Simultaneously with the execution of this Agreement, each Principal has deposited with the Escrow Agent, for credit to such Principal's Account, (i) a certificate registered in the name of such Principal representing the number of shares of Parent Common Stock set forth opposite such Principal's name on Schedule A hereto, and (ii) a certificate registered in the name of such Principal representing the number of shares of Parent Series B Stock set forth opposite such Principal's name on Schedule A hereto. Each such certificate has been accompanied by a stock transfer power executed in blank by the Principal in whose name the certificate is registered.
Original Deposit. Concurrently with the Closing, [PURCHASER 5] shall deliver, or cause to be delivered, to the Security Agent, the Shares, duly endorsed in blank, as security for [PURCHASER 5]'s obligations to ALYA under the Purchase Agreement.
AutoNDA by SimpleDocs
Original Deposit. Simultaneously with the execution and delivery of this Agreement, Parent shall deposit with the Escrow Agent the Escrowed Shares. The Escrowed Shares shall be issued in book-entry form and thus shall be registered in the name of the Escrow Agent, as Escrow Agent for the benefit of Sellers under this Agreement.
Original Deposit. Concurrently with the Closing, Xxxxxxxx shall deliver, or cause to be delivered, to the Security Agent, the Software as security for Xxxxxxxx'x obligations to Alya under the Note. Alya shall examine the Software as delivered, and certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to Xxxxxxxx, forwarding the same to the Security Agent with a copy to Xxxxxxxx.

Related to Original Deposit

  • Additional Deposit For reasons of administration, the right is reserved to require payment by parents of an additional deposit (Additional Deposit), as shown on the fees list for the relevant year, in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also clause 9.8.

  • Initial Deposit On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account according to Section 4.1 of the Exchange Note Sale Agreement.

  • Additional Deposits (a) The Servicer and the Seller, as applicable, shall deposit or cause to be deposited in the Collection Account on the Determination Date on which such obligations are due the aggregate Purchase Amount with respect to Purchased Receivables and the aggregate Sale Amounts with respect to Sold Receivables.

  • Initial Deposits On the Closing Date and on each Addition Date thereafter, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received after the applicable Cut-Off Date and through and including the Closing Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such date.

  • Escrow Deposit Concurrently with the execution and delivery of this Agreement, the Holder will deliver [the sum of ____________________ Dollars ($_____________) in lawful money of the United States of America by wire transfer of immediately available funds] [and] [[ ] Class A Trust Certificates] [and] [[ ] Class B Trust Certificates] in accordance with Section 14 of the Series Supplement] (the "Escrow Deposit"), to Escrow Agent to be held by Escrow Agent in escrow on the terms and conditions hereinafter provided. Escrow Agent hereby acknowledges receipt of the Escrow Deposit. Any cash amounts in the Escrow Deposit may be increased or decreased in accordance with the terms of Section 2.02(i)(vi) of the Warrant Agreement and the terms of this agreement will apply with equal force and effect to any such increased or decreased cash amounts in the Escrow Deposit.

  • Cash Deposit No cash will be deposited into the certificate account on the closing date.

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.”

  • BIDDING DEPOSIT Subject to Clause 5.1 below, all intending bidders shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of AmBank (M) Berhad for the a/c of IKHMAS JAYA SDN BHD, a Bidding Deposit equivalent to ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher. Online Bidders are subject to the provisions of Clause(s) 2.4, 2.5 and 2.6 of the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx for the manner of payment of the deposit.

  • Security Deposit Not later than December 31, 2007, Tenant agrees to deposit with Landlord, the sum of $95,000.00 to be held by Landlord as security for the faithful performance of all the terms and conditions of this Lease (“Security Deposit”). Should the Tenant breach any of the terms and conditions of this Lease which continues beyond any applicable cure period and required notice, Landlord shall have the right, at any time, to apply the Security Deposit or any part thereof, for the purpose of curing any such default or for the purpose of reimbursing Landlord for any damage or costs occasioned by such default, but the right of Landlord to apply the Security Deposit shall not affect any other remedies available to Landlord under this Lease or under applicable law. If the Security Deposit, or any part thereof, is so applied by Landlord, Tenant shall, within ten (10) days after demand, deposit additional funds with Landlord to restore the Security Deposit, and failure to do so shall constitute an event of default under this Lease. If the Tenant shall have complied with all material terms and conditions of this Lease at the expiration of this Lease, the Security Deposit (without interest and amounts properly withdrawn by Landlord and not refunded by Tenant) shall be refunded to Tenant within thirty (30) days after the expiration or sooner termination of this Lease (including without limitation permitted terminations hereunder and terminations due to Landlord’s default which continues beyond applicable grace and cure periods following notice where applicable); provided, however, that Tenant first shall have vacated the Leased Space and surrendered possession thereof to the Landlord by delivery of keys, in accordance with the Lease provisions and shall have returned the Leased Space to Landlord in the condition required hereunder. Nothing herein contained shall require Landlord to hold the sums so deposited as a trust fund, nor establish any relationship other than that of debtor and creditor with respect to said funds so deposited. If Landlord shall assign or otherwise transfer its interest in this Lease, Landlord shall transfer the Security Deposit to the assignee or other transferee of such interest (with like obligation to transfer to any subsequent assignee or other transferee), and upon such transfer, Landlord shall be released and relieved from all liability and/or responsibility with respect to this Security Deposit and/or the return or application thereof.

  • Additional Deposits and Payments (a) On the date specified in Section 3.6 hereof or Section 3.4 of the Purchase Agreement, as applicable, the Servicer and Santander Consumer, as applicable, will deposit into the Collection Account the aggregate Repurchase Price with respect to Repurchased Receivables purchased or repurchased by the Servicer or Santander Consumer, respectively, on such date, and on the Payment Date specified in Section 8.1, the Servicer will deposit into the Collection Account all amounts, if any, to be paid under Section 8.1. All such deposits with respect to any such date which is a Payment Date will be made, in immediately available funds by noon, New York City time, on the Business Day immediately preceding such Payment Date related to such Collection Period.

Time is Money Join Law Insider Premium to draft better contracts faster.