Prepaid Deposits Sample Clauses

Prepaid Deposits. Seller’s prepaid items and deposits (including but not limited to any and all workers compensation deposits) arising out of or relating to the ownership or operation of the Business by Seller prior to the Closing Date.
Sample 1
AutoNDA by SimpleDocs
Prepaid Deposits. 5) Prepaid advertising
Sample 1
Prepaid Deposits. All prepaid Advance Deposits relating to Bookings assumed by Buyers.
Sample 1
Prepaid Deposits. 21 Section 9.16 Performance Bond ....................................................................................... 21 Section 9.17 Digital Telephone Systems, Inc. .................................................................. 21 ARTICLE X RESERVED
Sample 1
Prepaid Deposits. Buyer hereby agrees, covenants, warrants that Buyer shall pay, reimburse or otherwise fully indemnify Seller, for, from and against any of the amounts described as prepaid deposits related to the customers listed in the Disclosure Schedule in the event Buyer fails or refuses to perform its obligations under the Assigned Contracts for any such customer for which a prepaid deposit was previously received by Seller.
Sample 1
Prepaid Deposits. All prepaid deposits, items and fees, prepaid expenses and costs of the Business;
Sample 1
Prepaid Deposits. All prepaid amounts under Operating Contracts actually assumed by Purchaser shall be adjusted. Three (3) business days before the Closing Date, Seller shall provide Purchaser with a complete schedule (the "Reservation Schedule") of post-closing customer reservations, which Reservation Schedule shall list (a) the party for whose benefit the reservation was made and the date and time therefor; (b) the amount of any other deposits made for advance banquets and/or future services to be provided after the Closing Date. Purchaser may elect to receive a credit for such deposits and arrange with the depositor for the banquets or other service. If Purchaser does not so elect, Seller shall refund such deposits and pay all claims or damages related thereto. Seller shall accept no reservations or deposits for services to be rendered after the Closing Date.
Sample 1
AutoNDA by SimpleDocs
Prepaid Deposits. LESSEE shall pay to LESSOR upon the execution of this Lease, prepaid rent in the amount as determined in Article 1.9, which amount shall be allocated towards the payment of the minimum rent for the first month specified in Article 1.1.
Sample 1
Prepaid Deposits. Each Trustor shall deposit, in accordance with and to the extent required by the Applicable State Law, all monies received which constitute Accumulated Deposits or Prepaid Funds into that Trustor’s Preneed Trust. Trustee shall not be responsible for any Accumulated Deposits or Prepaid Funds that shall be deposited pursuant to this Trust Agreement until such Accumulated Deposits or Prepaid Funds shall have been actually delivered to Trustee for deposit into a particular Trustor’s Preneed Trust. It is further agreed that inasmuch as Trustee shall rely upon the accuracy of the information and documentation furnished by each Trustor, such Trustor agrees to hold Trustee, including its directors, officers, employees and agents, harmless against any and all loss, cost or expenses incurred by Trustee resulting from such reliance, which is not attributable, in whole or in part, to Trustee’s gross negligence or willful misconduct. Trustee agrees to accept all Accumulated Deposits or Prepaid Funds deposited on behalf of each Trustor and to maintain such accounts and records as are necessary to carry out its obligations as Trustee. Trustee shall establish at least one separate and distinct Preneed Trust for each Trustor that has adopted the terms and provisions of this Trust Agreement pursuant to Article II hereof. Trustee may establish more than one Preneed Trust for a single Trustor if so specified by that Trustor or required by the Applicable State Law, provided that the procedures and requirements for establishing a Preneed Trust under this Trust Agreement are complied with separately for each separate Preneed Trust. Each separate Preneed Trust shall be handled by Trustee in like manner as if each such Preneed Trust were governed by its own separate and distinct trust agreement with terms identical to those contained in this Trust Agreement. Trustee shall have no duty whatever to investigate the activities of any Trustor or to determine or inquire as to any Trustor’s operations or the accuracy of information provided by any Trustor. Trustee shall not be responsible for determining whether any Trustor has complied with requirements under the Applicable State Law concerning the timing or amount of Accumulated Deposits to be deposited with Trustee.
Sample 1

Related to Prepaid Deposits

  • Returned Deposits Any credit to your account for checks deposited using Mobile Deposit is provisional. If original checks deposited through Mobile Deposit are dishonored, rejected, returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, including, but not limited to, issues relating to the quality of the image, you agree that an original check will not be returned to you and that we may charge back the amount of the original check and provide you with an image of the original check, a paper reproduction of the original check, or a substitute check. You will reimburse us for all loss, cost, damage or expense caused by, or relating to, the processing of the returned item. Without our approval, you shall not attempt to deposit or otherwise negotiate an original check if it has been charged back to you. We may debit any of your accounts to obtain payment for any item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the rejection, return, adjustment or warranty claim was made timely.

  • Cash Deposits Within the limitations of this Subsection, Purchaser shall make cash deposits to meet Purchaser’s obligations within 15 days of billing by Forest Service. Deposits shall be made to Forest Service, U.S.D.A., by mail or delivery to the address to be fur- nished by Forest Service. Forest Service shall explain the bill at the time it requests each deposit.

  • Time Deposits Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party within the Security Period when:

  • Deposit Liabilities Assume and thereafter discharge, pay in full and perform all of BANK ONE's obligations and duties relating to the "Deposit Liabilities" (as hereinafter defined). The term "Deposit Liabilities" is defined herein as all of BANK ONE's obligations, duties and liabilities of every type and character relating to all deposit accounts, other than (i) XXXXX accounts and (ii) deposit accounts securing any loan of BANK ONE which is not an Office Loan, for which CNB assumes no liability, which, as reflected on the books of BANK ONE as of the close of business on the Closing Date, are attributable to the Offices. The deposit accounts referred to in the immediately preceding sentence (hereinafter the "Deposit Accounts") include, without limitation, passbook accounts, checking, Money Market and NOW accounts, Individual Retirement Accounts for which BANK ONE has not received, on or before the Closing Date, the written advice from the account holder of such account holder's objection to or failure to accept CNB as successor custodian ("IRA's") and certificates of deposit. The "obligations, duties and liabilities" referred to in the immediately preceding sentence include, without limitation, the obligation to pay and otherwise process all Deposit Accounts in accordance with applicable law and their respective contractual terms and the duty to supply all applicable reporting forms for post-closing periods including, without limitation, Form 1099's, relating to the Deposit Accounts. With regard to each XXX included within the Deposit Accounts, CNB shall also assume the plan pertaining thereto and the trustee or custodial arrangement in connection therewith.

  • Cash Accounts, Deposits and Money Movements Subject to the terms and conditions set forth in this Section 7, the Fund hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Fund maintains Investments or in such other currencies as the Fund shall from time to time request by Instruction.

  • Interest on Deposit Liabilities The Assuming Institution agrees that, from and after Bank Closing, it will accrue and pay interest on Deposit liabilities assumed pursuant to Section 2.1 at a rate(s) it shall determine; provided, that for non-transaction Deposit liabilities such rate(s) shall not be less than the lowest rate offered by the Assuming Institution to its depositors for non-transaction deposit accounts. The Assuming Institution shall permit each depositor to withdraw, without penalty for early withdrawal, all or any portion of such depositor's Deposit, whether or not the Assuming Institution elects to pay interest in accordance with any deposit agreement formerly existing between the Failed Bank and such depositor; and further provided, that if such Deposit has been pledged to secure an obligation of the depositor or other party, any withdrawal thereof shall be subject to the terms of the agreement governing such pledge. The Assuming Institution shall give notice to such depositors as provided in Section 5.3 of the rate(s) of interest which it has determined to pay and of such withdrawal rights.

  • Interest Bearing Deposits Upon receipt of Proper Instructions directing the Custodian to purchase interest bearing fixed term and call deposits (hereinafter referred to collectively, as "Interest Bearing Deposits") for the account of the Fund, the Custodian shall purchase such Interest Bearing Deposits in the name of the Fund with such banks or trust companies (including the Custodian, any Subcustodian or any subsidiary or affiliate of the Custodian) (hereinafter referred to as "Banking Institutions") and in such amounts as the Fund may direct pursuant to Proper Instructions. Such Interest Bearing Deposits may be denominated in U.S. Dollars or other currencies, as the Fund may determine and direct pursuant to Proper Instructions. The Custodian shall include in its records with respect to the Assets of the Fund appropriate notation as to the amount and currency of each such Interest Bearing Deposit, the accepting Banking Institution and all other appropriate details, and shall retain such forms of advice or receipt evidencing such account, if any, as may be forwarded to the Custodian by the Banking Institution. The responsibilities of the Custodian to the Fund for Interest Bearing Deposits accepted on the Custodian's books in the United States shall be that of a U.S. bank for a similar deposit. With respect to Interest Bearing Deposits other than those accepted on the Custodian's books, (a) the Custodian shall be responsible for the collection of income as set forth in Section 2.15 and the transmission of cash and instructions to and from such accounts; and (b) the Custodian shall have no duty with respect to the selection of the Banking Institution or, so long as the Custodian acts in accordance with Proper Instructions and the terms and conditions of this Agreement, for the failure of such Banking Institution to pay upon demand. Upon receipt of Proper Instructions, the Custodian shall take such reasonable actions as the Fund deems necessary or appropriate to cause each such Interest Bearing Deposit account to be insured to the maximum extent possible by all applicable deposit insurers including, without limitation, the Federal Deposit Insurance Corporation.

  • Direct Deposits The Credit Union may offer direct deposit options allowing you to preauthorize deposits (i.e., payroll checks, Social Security or retirement checks, or other government checks) or preauthorize transfers from other accounts at the Credit Union. You must authorize any direct deposits to your accounts by a separate authorization form. If applicable, you must notify the Credit Union at least thirty (30) days prior to any direct deposit or preauthorized transfer if you wish to cancel or change the direct deposit or direct transfer option. Upon a filing of a bankruptcy, if you fail to cancel any direct deposit authorization, you instruct your employer and the Credit Union to make and apply direct deposits in accordance with your authorization on file with the Credit Union. If the Credit Union is required to reimburse the U.S. Government for any benefit payment directly deposited into your account for any reason, you agree the Credit Union may deduct the amount returned from any of your accounts, unless prohibited by law.

  • Advance Deposits All prepaid rentals, room rental deposits, and all other deposits for advance registration, banquets or future services to be provided on and after the Closing Date shall be credited to Buyer.

  • 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.

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