Replacement Deposit Sample Clauses

Replacement Deposit. The Replacement Deposit consisting of replacement materials shall replace the existing Deposit defined by Exhibit A. Licensor will submit the Replacement Deposit accompanied by a revised Exhibit A. Within ten (10) days of acceptance by Agent of such Replacement Deposit, Agent shall notify Licensor and Licensee by issuing a copy of the revised Exhibit A. Agent will destroy or return to Licensor, pursuant to Licensor's directions, all materials that are replaced by the Replacement Deposit.

Replacement Deposit. Assignee shall have wire transferred to Escrow Agent the $1 million Initial Deposit and the $2 million Supplemental Initial Deposit (which $3 million shall be in replacement of and in exchange for Assignor’s funds that are currently being held in escrow by Escrow Agent and is collectively referred to as the “Replacement Deposit”).

Replacement Deposit. Replacement materials replace the existing Deposit defined by an Exhibit B(s). Portions of a Deposit may not be replaced. Licensor will submit the Replacement materials accompanied by an Exhibit B. Within ten (10) days of acceptance by DSI of such Replacement materials, DSI shall notify Licensor and Licensee by issuing a copy of the Exhibit B. DSI will destroy or return to Licensor all materials that are replaced by the Replacement Materials as requested by Licensor.

Replacement Deposit. Replacement Deposit" means and ------------------- includes any material which replaces the Deposit or portions of the Deposit defined by Exhibit B(s). Items of the Deposit defined in an Exhibit B may not be replaced. Licensor will submit the Replacement Deposit accompanied by an Exhibit B. Within ten (10) days of receipt of a request by Licensor to replace, DSI will send a notice to Licensee stating that Licensor request to replace, and DSI will include a copy of the Exhibit B defining the new material. Licensee has thirty (30) days from the mailing of such notice by DSI to instruct DSI to retain the Deposit held by DSI and if so instructed DSI will change the Replacement Deposit to a Supplemental Deposit. Retention could incur an additional storage unit fee as specified by DSI's Fee and Service Schedule. If Licensee does not instruct DSI to retain the Deposit, or portions of the Deposit requested to be replaced, DSI shall permit such Deposit to be replaced with the Replacement Deposit. DSI shall issue a copy of the Exhibit B to Licensor and Licensee within ten (10) days of acceptance of the Replacement Deposit by DSI. DSI will either destroy or return to Licensor all material that is replaced by the Replacement Deposit.