Acquisition Deposit definition

Acquisition Deposit means any cash expenditure made as a deposit in connection with the Borrower's commitment to acquire any Section 1110 Total Assets or Acquired Aircraft Assets until applied to reduce the purchase price in a fully consummated transaction for such Section 1110 Total Asset or Acquired Aircraft Asset.
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Acquisition Deposit. The $2,000,000 downpayment that ML&P has deposited in escrow pursuant to the Acquisition Agreement, together with any interest earned thereon.
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Examples of Acquisition Deposit in a sentence

  • During the performance of the work covered by this AGREEMENT, the CONTRACTOR shall comply with applicable provisions of the Civil Rights Act of 1964.

  • Restructuring Charges Restructuring Charges All Other Operating Expenses Costs Related to pending OneWest Acquisition Deposit Related & Debt Extinguishment Costs % of AEA ex.

  • Reconciliation of Acquisition Account Beginning of Period Acquisition Account Balance $0.00Add: Acquisition Deposit Amount $0.00Less: Aggregate Additional Receivables Cash Transfer Amount $0.00Less: Amounts Deposited into Certificate Distribution Account $0.00End of Period Acquisition Account Balance $0.00 IX.

  • Since none of the Non-defaulting JV Parties is obliged to contribute the shortfall in the event of such default, there is a risk that the JV Company may, in such event, be unable to fulfil its obligation under the Sale and Purchase Agreement to complete the Acquisition, in which case the Acquisition Deposit will be forfeited and retained by the Sellers.

  • In exchange, the Company has agreed to increase its Acquisition Deposit (Note 5(b)) to $6 million.

  • The remaining Cash Component of the Purchase Consideration (the “Remaining Cash Component”) i.e. S$15.0 million (being S$20.0 million less the Acquisition Deposit) shall be paid by the Company to the Vendor, by way of cheque, drawn on a bank in Singapore, within 24 business days of the receipt of the entire proceeds of the Compliance Placement (as defined in paragraph 4.2(e)(x)) due to the Company.

  • Prior to engineering design and easement acquisition for the Dacono-Little Dry Creek Line Extension, the Applicant shall remit to the District the sum of $227,500 representing the estimated Design and Easement Acquisition Deposit; which amount includes estimated costs of engineering design, easement acquisition, environmental surveys, route analysis, utility locates, and a 15% contingency.

  • Both the Design and Easement Acquisition Deposit and the Construction Deposit shall be placed into the Line Extension Construction Account by the District, and the funds shall be held, dispensed, and administered by the District in accordance with the terms and conditions of this Agreement.

  • Gertrude Tisdall, Townley Hall, Drogheda, co.Louth have been transferred, with the consent of the depositor, to Louth Local Authority Archives www.louthcoco.ie Acquisition: Deposit of private collectionContent and StructureScope and Content: This collection contains the administrative recordsof the Lismore estate.

  • The Principal is anticipated to be the following payments, which are described in more detail above: City Contribution Uses Payment DateDesign Costs $ ROW Acquisition Deposit $ Utility Relocation Deposit $ Phase 1 Additional Costs $ Phase 2 Construction Deposit $ $ Starting Spring 2015December 1, 2015December 1, 2015July 1, 2016January 1, 2017 Interest shall accrue on the total outstanding amount of the Principal at the rate of % perannum (the “Interest”).

Related to Acquisition Deposit

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50, and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

  • Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate Principal Balance of the Receivables on the Cutoff Date (which is equal to $21,505,439.97).

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Initial Reserve Account Deposit Amount means an amount equal to $29,411,740.05.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • the Deposit means 10% of the Purchase Price;

  • Capitalized Interest Account Initial Deposit means $1,022,277.35 deposited on the Closing Date.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $3,807,950.53.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Initial Reserve Account Deposit means $3,000,000.

  • Imposition Deposits are defined in Section 7(a).

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.