Assumed Security Deposits definition

Assumed Security Deposits means all security deposits in connection with the Assumed Lease and other security deposits which directly relate to any contract of the Business assumed by Purchaser.

Examples of Assumed Security Deposits in a sentence

  • The Assumed Security Deposit with respect to the Xxxxxxx Assumed Lease is $30,000, and with respect to the Lemon Ave Assumed Lease $5,000 and the Assumed Security Deposits have not been decreased or drawn down.

Related to Assumed Security Deposits

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

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

  • Assumed Obligations has the meaning specified in Section 2.2.

  • Assumed Deposits means Deposits.

  • Assumed Servicing Liability means any Liabilities with respect to any Serviced Appointments (or Serviced Corporate Trust Contracts) that arise out of or relate to facts, circumstances, actions, omissions and/or events occurring from and after the Closing and prior to the applicable Succession Time for such Serviced Appointment; provided that Assumed Servicing Liability shall not include any Liabilities that arise out of or relate to facts, circumstances, actions, omissions and/or events with respect to any Retained Duties or any matters for which Seller or any of its Affiliates is responsible pursuant to Section 3.9.

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Assumed Leases has the meaning set forth in Section 2.6(b).

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

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

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Tenant Deposits means all security deposits, prepaid rentals, cleaning fees and other refundable deposits and fees collected from Tenants, plus any interest accrued thereon, paid by Tenants to Seller pursuant to the Leases. Tenant Deposits shall not include any non-refundable deposits or fees paid by Tenants to Seller, either pursuant to the Leases or otherwise.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation.

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.

  • Assumed Debt has the meaning set forth in Section 2.2.

  • Customer Deposits means deposits made by customers with respect to the purchase of goods or the performance of services.

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Performance Bank Guarantee/ Security Deposit means interest free amount to be deposited by the Contractor with NMRC as per terms and conditions of Contract Agreement as a security against the performance of the Contract agreement

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by Collateral Agent.

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

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

  • 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.

  • 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).

  • Assumed Liabilities has the meaning set forth in Section 2.3.